Feeds

Top BT exec wholesales himself to New Zealand

Reynolds out, 21CN in

Boost IT visibility and business value

BT wholesale chief Dr Paul Reynolds, who had been tipped as a possible successor to CEO Ben Verwaayen, has quit the firm to become boss of Telecom New Zealand.

Reynolds has been at BT since graduating from university in 1983, and a board member since 2001. A recent shake up of the firm's structure saw responsibility for the next generation 21CN network backbone pass from Reynolds to Andy Green, another contender for the top executive job.

The blow will be softened by news he'll trouser a basic salary of about £670,000 at Telecom NZ from September onwards, and about double that again in performance-related bonuses.

Broader top-level changes at BT are expected later this year, when chairman Sir Christopher Bland will depart. Verwaayen has indicated he may not be far behind.

Today he praised Reynold's contribution in leading the development of 21CN. BT shareholders will also be grateful for his role in the conception of Openreach, which stopped the giant being broken up by Ofcom.

In other news, BT also said today that its 21CN all-IP voice trial would be stood down. It hailed the London-centric testing a success, as it prepares mass migrations to a converged voice/broadband IP infrastructure in South Wales trials.®

The essential guide to IT transformation

More from The Register

next story
UK fuzz want PINCODES on ALL mobile phones
Met Police calls for mandatory passwords on all new mobes
Canadian ISP Shaw falls over with 'routing' sickness
How sure are you of cloud computing now?
Don't call it throttling: Ericsson 'priority' tech gives users their own slice of spectrum
Actually it's a nifty trick - at least you'll pay for what you get
Three floats Jolla in Hong Kong: Says Sailfish is '3rd option'
Network throws hat into ring with Linux-powered handsets
Fifteen zero days found in hacker router comp romp
Four routers rooted in SOHOpelessly Broken challenge
New Sprint CEO says he will lower axe on staff – but prices come first
'Very disruptive' new rates to be revealed next week
US TV stations bowl sueball directly at FCC's spectrum mega-sale
Broadcasters upset about coverage and cost as they shift up and down the dials
Trans-Pacific: Google spaffs cash on FAST undersea packet-flinging
One of 6 backers for new 60 Tbps cable to hook US to Japan
Tech city types developing 'Google Glass for the blind' app
An app and service where other people 'see' for you
UK mobile coverage is BETTER than EVER, networks tell Ofcom
Regulator swallows this line and parrots it back out at us. What are they playing at?
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.