Changes

In 1980, a committee decided to rename the Post Office Telecommunications as British Telecom, but it still remained part of the Post Office. In 1981, two separate corporations were formed, taking away the responsibility for the telecommunications services from the Post Office. In 1982, the British government decided to sell 51% of the shares of British Telecom to private investors, in a privatization attempt. The operation went through in 1984. By the end of that year, all of the shares auctioned were sold to private investors. In December, 1991, the British Government reduced the shares they owned in British Telecom from 47.6% to 21.8%, selling the 26,8% of shares to interested investors. In July, 1993, British Telecom gained approximately 750,000 new shareholders as the British Government sold the remaining shares it had for the sum of 5 billion British pounds.  

In 1980, a committee decided to rename the Post Office Telecommunications as British Telecom, but it still remained part of the Post Office. In 1981, two separate corporations were formed, taking away the responsibility for the telecommunications services from the Post Office. In 1982, the British government decided to sell 51% of the shares of British Telecom to private investors, in a privatization attempt. The operation went through in 1984. By the end of that year, all of the shares auctioned were sold to private investors. In December, 1991, the British Government reduced the shares they owned in British Telecom from 47.6% to 21.8%, selling the 26,8% of shares to interested investors. In July, 1993, British Telecom gained approximately 750,000 new shareholders as the British Government sold the remaining shares it had for the sum of 5 billion British pounds.  

Given its new organizational structure, a new corporate identity and a new trading name were unveiled in April ,1991. Thus, British Telecom became BT, the name it still uses today.  

Given its new organizational structure, a new corporate identity and a new trading name were unveiled in April, 1991: British Telecom became BT, the name it still uses today.<ref>[http://www.btplc.com/Thegroup/BTsHistory/History.htm The historical development of BT, btplc.com]</ref>

 

In 2003, BT showed off new brand values and a new corporate identity. These new symbols are still being used today.  

In 2003, BT showed off new brand values and a new corporate identity. These new symbols are still being used today.  

In 2004, BT launched Consult 21, an organization with the role of offering ideas for thei 21st Century Network project (21CN). The 21 CN project implies an Internet Protocol based network which allows people to communicate over different media, including home phone to personal computer communication.

In 2004, BT launched Consult 21, an organization with the role of offering ideas for thei 21st Century Network project (21CN). The 21 CN project implies an Internet Protocol based network which allows people to communicate over different media, including home phone to personal computer communication.

In 2005, BT bought [[Albacom]], the second largest telecommunication services provider on the Italian market. The same year they also bought [[Radianz]], a financial services extranet provider, from Reuters, and a Californian telecommunications company named [[El Segundo]].  

In 2005, BT bought [[Albacom]], the second largest telecommunication services provider on the Italian market. The same year they also bought [[Radianz]], a financial services extranet provider, from Reuters, and a Californian telecommunications company named [[El Segundo]].  

In 2008, BT bought [[Wire One Communications]], making them worldwide leaders in video conferencing solutions. The same year they bought a company from Mountain View, California named [[Ribbit]].  

In 2008, BT bought [[Wire One Communications]], making them worldwide leaders in video conferencing solutions. The same year they bought a company from Mountain View, California named [[Ribbit]].  

In May, 2009, BT announced they have to cut 15,000 jobs after a poor financial year.

In May, 2009, BT announced they have to cut 15,000 jobs after a poor financial year.<ref>[http://www.btplc.com/Thegroup/BTsHistory/History.htm The historical development of BT, btplc.com]</ref>

== Joint ventures ==

== Joint ventures ==