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27/08/2001
BT Wireless demerger could mean jobs cuts in Republic
BT operations in the Republic of Ireland are likely to be severely hit by job losses when BT Wireless demerges from British Telecom, a report has revealed.
The article, in the Sunday Business Post, revealed that up to 1,500 jobs are to go when the demerger takes place later this year.
Operations in the Netherlands will also suffer, although the redundancies will take place through natural wastage and voluntary redundancy rather than wholesale compulsory lay-offs.
However, BT has dismissed the report as "speculation", and said it was too early to say how many posts an independent BT Wireless might axe. It is believed that the company hired corporate restructuring expert David Varney, in June, to oversee the BT Wireless demerger.
Besides BT Cellnet, BT Wireless subsidiaries include Viag in Germany, Telfort in the Netherlands and Esat Digifone in Ireland.
The company also dismissed a report in the Mail on Sunday newspaper that chief executive Sir Peter Bonfield was poised to step down. (MB)
The article, in the Sunday Business Post, revealed that up to 1,500 jobs are to go when the demerger takes place later this year.
Operations in the Netherlands will also suffer, although the redundancies will take place through natural wastage and voluntary redundancy rather than wholesale compulsory lay-offs.
However, BT has dismissed the report as "speculation", and said it was too early to say how many posts an independent BT Wireless might axe. It is believed that the company hired corporate restructuring expert David Varney, in June, to oversee the BT Wireless demerger.
Besides BT Cellnet, BT Wireless subsidiaries include Viag in Germany, Telfort in the Netherlands and Esat Digifone in Ireland.
The company also dismissed a report in the Mail on Sunday newspaper that chief executive Sir Peter Bonfield was poised to step down. (MB)
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03 September 2001
BT Wireless to be renamed ‘O2’
British Telecom (BT) has announced it is to rename its BT Wireless mobile phone business 'O2'. The name change comes ahead of the demerger of the mobile business from BT, which is expected to take place in November. The name change will eventually spell the end for the variety of well-known brands currently controlled by the BT Wireless group.
BT Wireless to be renamed ‘O2’
British Telecom (BT) has announced it is to rename its BT Wireless mobile phone business 'O2'. The name change comes ahead of the demerger of the mobile business from BT, which is expected to take place in November. The name change will eventually spell the end for the variety of well-known brands currently controlled by the BT Wireless group.
23 October 2001
Unions brand BT demerger as “insane”
The Communication Workers Union (CWU) has mounted an eleventh hour bid to save BT from inflicting “insane” damage on the company by a demerger.
Unions brand BT demerger as “insane”
The Communication Workers Union (CWU) has mounted an eleventh hour bid to save BT from inflicting “insane” damage on the company by a demerger.
03 September 2001
Union brings pressure to bear on BT split
Chancellor Gordon Brown has offered the Communication Workers Union (CWU) a meeting with Department of Trade Minister Patricia Hewitt on the split of BT into BT Future and BT Wireless which is to be rebranded. It is understood that Mr Brown has not rejected the union argument that the two must be kept as a single entity.
Union brings pressure to bear on BT split
Chancellor Gordon Brown has offered the Communication Workers Union (CWU) a meeting with Department of Trade Minister Patricia Hewitt on the split of BT into BT Future and BT Wireless which is to be rebranded. It is understood that Mr Brown has not rejected the union argument that the two must be kept as a single entity.
24 August 2001
BT comes under pressure from Oftel
British Telecom (BT) has come under pressure from telecommunications regulator Oftel to improve access to its lines for rival operators. Oftel has intervened to determine the service levels that BT must offer to other operators wanting to unbundle BT local loops and the compensation the company must pay if it fails to meet those levels.
BT comes under pressure from Oftel
British Telecom (BT) has come under pressure from telecommunications regulator Oftel to improve access to its lines for rival operators. Oftel has intervened to determine the service levels that BT must offer to other operators wanting to unbundle BT local loops and the compensation the company must pay if it fails to meet those levels.
05 September 2001
BT split set to take place in November
British Telecom has set Monday November 19 as the date it will split the company into two separate entities - BT and O2.
BT split set to take place in November
British Telecom has set Monday November 19 as the date it will split the company into two separate entities - BT and O2.
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Northern Ireland WeatherToday:A cloudy morning with a few showers at times. Becoming dry in the afternoon and staying mainly cloudy, but some sunshine breaking through particularly in the east. Maximum temperature 16 °C.Tonight:Quite cloudy across all counties at first but clear spells most likely towards Down and Antrim, becoming widespread through the evening and overnight. Minimum temperature 5 °C.
