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BT Business is a division of British telecommunications company BT Group that provides products and services to organisations in the small-to-medium-sized business, corporate and public sectors, and wholesale services through BT Wholesale. [3]
BT made even more money when it sold its stake in MCI to Worldcom in 1998 for £4.15bn on which it made an exceptional pre-tax profit of £1.13bn. As part of the deal, BT bought from MCI its 24.9 per cent interest in Concert Communications, [ 20 ] [ 21 ] making Concert a wholly owned part of BT.
BT Business and Public Sector was a division of United Kingdom telecommunications company BT Group that provided fixed-line, mobile, broadband and IT services to businesses (predominantly small and medium-sized enterprises) and the public sector in the UK and Ireland. [1]
In June 2001, BT's directory business was sold as Yell Group to a combination of private equity firms Apax Partners and Hicks, Muse, Tate & Furst for £2.1 billion. [54] A demerger followed in November 2001, when the former mobile telecommunications business of BT, BT Cellnet, was hived off as a separate business named "mmO2". [55]
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BT Wholesale and Ventures was a division of United Kingdom telecommunications company BT Group that provided voice, broadband, data, hosted communication, managed network and IT services to communications providers (CPs) in Great Britain. It was merged with BT's Business and Public Sector division to form BT Enterprise in October 2018.
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