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The Kelsey Report® Advisory

BT Back in the U.K. Directory Business
Charles Laughlin , 8/12/2002

Issue: Telecom Will Compete with Former Yell Group Unit

News: British Telecom (BT) has announced that it plans to re-enter the directory business in the United Kingdom, both through a telephone-based inquiry service and through the publication of printed directories.

This move follows BT's completion of its acquisition (for about US$12.5 million). That deal provided BT with a business listings database for use in producing voice, Internet and printed directories and information services. The return will place BT in direct competition with Yell Group, the former BT Yellow Pages division that was sold to private equity investors in 2001 for about US$3 billion in order to pay down some of the US$24 billion in BT's debt.

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