View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 10, 1997updated 03 Sep 2016 1:00pm


By CBR Staff Writer

British Telecommunications Plc has signed a 75m pound agreement for the formation of an equally owned joint venture company with The Republic of Ireland’s Electricity Supply Board for an as yet unnamed Irish competitive telecoms operator, as part of BT’s efforts to become a pan European telecoms operator. BT denied the move was influenced by the success of the Energis Plc 850m pound flotation earlier this week. Energis is the telecommunications arm of the UK’s National Grid power company. The BT/ESB deal was rubber stamped on the same day. The two will invest 75m pounds in the first five years of the venture, to wire up overhead pylons and power conduits with fiber optic cable. International and business services will be sold via the Concert arm of BT, and the company will offer full competitive telecommunications services when the Irish Telecoms market is fully opened up in January 2000, two years behind the rest of Europe. The entity will start laying cable in the spring, and start offering services throughout Ireland, but BT is not revealing the amount of optic fiber that is planned, or how fast the network will be built. BT says that its major current European ventures show that utilities make good partners. It is teamed in the Netherlands with railway operator Nederlandse Spoorwegen (CI No. 2,996), in Germany with Viag AG’s electrical utility subsidiary Bayernwerk AG, and in France with railway operator SCNF.


Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.