Source : Free On-Line Dictionary of Computing

British Telecom
     
         (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.
     
        {Home (http://www.intervid.co.uk/)}.
     
        (1995-05-09)