BT 2000 Annual Report Download - page 111

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Share capital
b = billions
m = millions Activity Issued(a)
Percentage
owned
Country of
operations(b)
Joint Ventures
Airtel Movil SA (c) Mobile cellular telephone system provider and operator Ptas 78b 17.8% Spain
Albacom SpA Communication related services and products provider ITL 543b 23% Italy
Bharti Cellular Limited Mobile cellular telephone system provider and operator Rs1.05b 44% India
British Interactive Digital tv interactive service provider £0.1m 32.5% UK
Broadcasting Holdings Limited
Concert BV Global communication related services and products provider NLG 50m 100%(d) International
LG Telecom Mobile cellular telephone system provider and operator Won 953b 24.12% Republic of Korea
Springboard Internet Internet service provider £8.3m 50% UK
Services Limited
Sunrise Communications AG Communication related services and products provider SFr 40m 34% Switzerland
Telenordia AB Communication related services and products provider SKr106m 33.3% Sweden
Telfort BV Communication related services and products provider NLG 0.5m 50% Netherlands
VIAG INTERKOM Communication related services and products provider Partnership 45% Germany
GmbH & Co
(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 companies are incorporated in their country of operations, with the exception of Concert BV which is incorporated in the Netherlands.
(c) Airtel Movil SA is being accounted for as a joint venture because of the relationship with other shareholders.
(d) 100% of ordinary `B' shares held giving an effective economic interest of 50%.
Share Capital
b = billions
m = millions Activity Issued(a)
Percentage
owned
Country of
operations(b)
Associates
AT&T BT Canada Holdings
Limited Partnership (c)
Partnership holding of a communications related
services and products provider
Partnership 30%(c) USA
Maxis Communications Communications related services and products provider Myr 158m 33.3% Malaysia
Berhad (d)(e)
Cegetel SA Communications related services and products provider FFr 9.55b 26% France
Cellular Operations Limited Cellular telecommunications services provider £0.15m 40% UK
Japan Telecom Communications related services and products provider <32b 30%(f) Japan
Company Limited
Rogers Cantel Mobile Mobile cellular telephone system provider and operator ± 16.8% (g) Canada
Communications Inc
SmarTone
Telecommunications
Holdings Limited
Mobile cellular telephone system provider and operator HK$60m 20.05% Hong Kong
The Link Stores Limited Telecommunications equipment retailer £80 40% UK
(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) Holds an effective 31% economic interest in AT&T Canada Corporation.
(d) Certain exchange control constraints operate in Malaysia.
(e) Formerly Binariang Berhad.
(f) Held through a BT subsidiary company ± 66.7% BT owned, 33.3% AT&T owned. Economic holding is 20%.
(g) Held through a 50% interest in an intermediary company, which holds 33.6% of Rogers Cantel Mobile Communications Inc.
Subsidiary undertakings, joint ventures and associates
110 Annual report and Form 20-F