The German state-owned Westdeutsche Landesbank offered GBP18 billion for BT’s fixed line assets last year. Despite its debt problems, BT firmly rejected the offer and later divested its mobile subsidiary.
Mr Verwaayen, who officially starts his position on Friday, also divulged that BT would focus more on its business-to-business clients. BT Ignite, its international broadband and solutions business, is to offer additional corporate services, such as software and infrastructure management.
