BT AND AT&T JOIN FORCES TO CREATE USD10 BILLION MONOLITH.

The American and British giants AT&T and BT are to join forces in creating a joint venture with an annual turnover of 10 billion dollars, likely to constitute a pivotal point in global telecommunications. The new venture will focus services primarily on large multinationals keen to exploit the most advanced telephony and data transfer techniques, and make better use of Internet resources. The two companies hope their alliance announced in London on July 26, will establish their credentials as the uncontested leaders of the fast growing global...