BTopenworld to fold?
Maybe, maybe not
BT has declined to comment on weekend press reports that it is to scrap it retail Internet division, BTopenworld, and return it to the telco's main business.
BTopenwoe was created a year ago as part of an "innovative restructuring [initiative] to position BT ahead of the next wave in communications".
Headed by Andy Green, BTopenworld was branded as a mass-market business focused increasingly on broadband services.
Not only did it bring together all of BT's ISPs, it was also responsible for the mobile portal operation, Genie.
However, according to the Sunday Telegraph this separate division is to be canned and "re-absorbed back into the group's main retail business".
A spokesman for BT declined to comment on the story saying the telco did not comment on "rumour or speculation".
Prophetically perhaps, the press release dated April 13 2000 announcing BT's restructuring plans includes a warning: "Forward-looking statements - caution advised". Ho hum... ®