British Telecommunications PLC
12 January 2000
BT ENTERS THIRD GENERATION MOBILE AUCTION
BT today announced that it has applied to enter the
auction for a third generation mobile licence in the UK.
BT will bid through a wholly-owned subsidiary, BT3G Ltd. This
will ensure corporate flexibility and will operate seamlessly
with BT Cellnet and BT's fixed business.
Third generation is an important development in the
marketplace, bringing advanced mobile multimedia services
to customers. However, BT is not waiting for third
generation. By the middle of this year, BT Cellnet will
launch GPRS services - a first in the UK and probably the
world.
GPRS is a stepping stone to third generation and
allows data to be transmitted between five and 10 times
faster than today's services. It will enable customers
to surf the net or access e-mail wherever they are.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.