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May 3, 1988

BRITISH TELECOM TO FLOAT OFF MINORITY HOLDING IN CELLNET

By CBR Staff Writer

In the wake of Racal Electronics’ announcement on Vodafone, British Telecom says that it is keeping under review the possibility of floating off a minority holding in its Cellnet cellular telephone services subsidiary, in which it holds 60% in partnership, with Securicor Plc holding the balance.

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