British Telecommunications Plc, which hadn’t had time to react when we called it on Tuesday, has now responded to that ridiculous lawsuit from Insat Inc demanding $15,000m damages (CI No 884) by saying the suit appeared to be in response to proceedings brought by Telecom’s 51% subsidiary Mitel Corp against the apparent owner of privately-held Insat, New York, adding that the claims against British Telecom appear to be without substance in content or sums claimed.
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