BT 1999 Annual Report Download - page 104

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103
SUBSIDIARY UNDERTAKINGS, JOINT VENTURES AND ASSOCIATES
Share capital
Percentage
Joint ventures Activity Issued (a) owned Country of operations (b)
0000511!!!00011!!!0015!!!0511!!!0010
Airtel Movil SA (c) Mobile cellular Ptas 78 billion 17.8% Spain
telephone system
provider and operator
0000511!!!00011!!!0015!!!0511!!!0010
Albacom SpA Communication ITL 343.4 billion 23% Italy
related services and
products provider
00005111!!0000011!!!0051!!!0010
Bharti Cellular Limited Mobile cellular Rs1.05 billion 39.5% India
telephone system
provider and operator
0000511!!!00011!!!0015!!!0511!!!0010
British Interactive Digital tv interactive £0.1m 32.5% United Kingdom
Broadcasting Limited service provider
0000511!!!00011!!!0015!!!0511!!!0010
Clear Communications Limited Communication NZ$102m 25% New Zealand
related services and
products provider
0000511!!!00011!!!0015!!!0511!!!0010
LG Telecom Limited Mobile cellular Won 653.5 billion 23.5% Republic of Korea
telephone system
provider and operator
0000511!!!00011!!!0015!!!0511!!!0010
Springboard Internet Internet service £8.3m 33% United Kingdom
Services Limited provider
0000511!!!00011!!!0015!!!0511!!!0010
Sunrise Communications AG Communication SFr 19.7m 24.4% Switzerland
related services and
products provider
0000511!!!00011!!!0015!!!0511!!!0010
Telenordia AB Communication SKr104m 33.3% Sweden
related services and
products provider
0000511!!!00011!!!0015!!!0511!!!0010
Telfort BV Communication NLG 0.5m 50% Netherlands
related services and
products provider
0000511!!!00011!!!0015!!!0511!!!0010
VIAG INTERKOM Communication Partnership 45% Germany
GmbH & Co related services and
products provider
0000511!!!00011!!!0015!!!0511!!!0010
(a) Issued share capital comprises ordinary or common shares, unless otherwise stated. All investments, except Sunrise
Communications AG, are held through intermediate holding companies.
(b) All overseas undertakings are incorporated in their country of operations.
(c) Airtel Movil SA is being accounted for as a joint venture because of the relationship with other shareholders.
Share capital
Percentage
Associates Activity Issued (a) owned Country of operations (b)
0000511!!!00011!!!0015!!!0511!!!0010
Binariang Berhad (c) Communication Myr 157.9m 33.3% Malaysia
related services and
products provider
0000511!!!00011!!!0015!!!0511!!!0010
Cegetel SA Communication FFr9.55 billion 26% France
related services and
products provider
0000511!!!00011!!!0015!!!0511!!!0010
The Link Stores Limited Telecommunications £80 40% United Kingdom
equipment retailer
0000511!!!00011!!!0015!!!0511!!!0010
(a) Issued share capital comprises ordinary or common shares, unless otherwise stated. All investments are held through
intermediate holding companies.
(b) All overseas undertakings are incorporated in their country of operations.
(c) Certain exchange control constraints operate in Malaysia.