Feeds

BT denies Govt investigation

Oh, and Sir Pete has a pop at 3G payouts

  • alert
  • submit to reddit

Securing Web Applications Made Simple and Scalable

Contrary to earlier reports BT is not to be investigated by the British Government, according to a spokesman for the monster telco.

Responding to a story which appeared in the Times earlier this week, the spokesman said the Government was set to investigate the role of the regulator, Oftel, not BT.

The report said that Lord Haskins - affectionately called the 'red tape czar' - would lead an investigation next month into the telco and its hold on the network.

Clarifying the story, a BT spokesman said: "They're looking at regulation, not BT. It may even ease rigorous controls on BT."

Elsewhere, BT's dapper CE, Sir Peter Bonfield, has expressed his surprise at the amount of cash raised by third-generation phone auctions in Europe.

According to Bloomberg which quoted a Telegraph story, which in turn cited a TV interview broadcast by CNBC, Sir Peter said he was a little taken aback at the amount some Governments had "extracted" from telcos for the licences.

Sir Peter didn't name any specific Governments but he did say that the size of the pay out would make an impact upon the return.

BT has spent around £10 billion acquiring 3G licences in Britain, Germany and Holland, which has helped pump up its debt to around £20 billion. ®

Related Story

UK Govt to investigate BT

The Essential Guide to IT Transformation

More from The Register

next story
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
EU's top data cops to meet Google, Microsoft et al over 'right to be forgotten'
Plan to hammer out 'coherent' guidelines. Good luck chaps!
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
FLAPE – the next BIG THING in storage
Find cold data with flash, transmit it from tape
Seagate chances ARM with NAS boxes for the SOHO crowd
There's an Atom-powered offering, too
Intel teaches Oracle how to become the latest and greatest Xeon Whisperer
E7-8895 v2 chips are best of the bunch, and with firmware-unlocked speed control
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.