BT to be split up

I read today in the Guardian that private equity firms are taking a look at BT. So maybe private equity money could do what OFCOM failed to do, split BT up. I’m sure they are looking at 4 or 5 business breaking out from BT, Openreach, it’s Broadband business, it’s IT Services business, it’s phone business and it’s Telecoms business for starters. I guess we’ll see what happens soon enough, but I guess that’s the risk you play when you diversify and then under perform.

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