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British Telecom

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<company> (BT) The largest telecommunications provider in the UK.

Due to regulatory issues, BT had to sell off its interest in McCaw Cellular. BT sold it to AT&T for something like 4B$. BT then invested that in MCI. As a part of the deal, MCI was given BT North America, which was the old Tymnet. MCI laid off about 40% of the Tymnet staff.

(http://intervid.co.uk/).

(1995-05-09)

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