BRITISH TELECOM LINKS UP WITH US INTERNET GROUP.

British Telecom (BT) said on November 10 that it was investing USD200 million in a joint venture with the US Internet browser group, LookSmart. BT said the 50/50 joint venture will be an Internet Service Provider (ISP) which will provide a wide variety of services, including electronic purchasing, in continental Europe and Asia. The agreement excludes the United Kingdom. The deal was described as "BT's first major international investment in the Internet", and one which is "the...