Menu
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)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
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.
24 June 2002
BT launch public wireless broadband trial
British Telecom has launched a trial of its public wireless broadband network. The trial, which begins on Monday, June 24, comes just over a month before the telecommunications company formally launches the service on August 1.
BT launch public wireless broadband trial
British Telecom has launched a trial of its public wireless broadband network. The trial, which begins on Monday, June 24, comes just over a month before the telecommunications company formally launches the service on August 1.
10 April 2002
BT unveils wireless plans
The British telecom giant BT has unveiled a set of new mobility initiatives that are expected to deliver additional revenues of £180 million a year by 2004/05 and could rise to £500 million a year in five years.
BT unveils wireless plans
The British telecom giant BT has unveiled a set of new mobility initiatives that are expected to deliver additional revenues of £180 million a year by 2004/05 and could rise to £500 million a year in five years.
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.
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.
-
Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
