BT 2004 Annual Report Download - page 135

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BT Group plc is the parent company of the group. Brief details of its principal operating subsidiary undertakings,
joint ventures and associates at 31 March 2004, all of which were unlisted unless otherwise stated,
were as follows:
Activity
Group interest
in allotted capital
b
Country
of operations
c
Subsidiary undertakings
British Telecommunications plc
d
Communication related services and products provider 100% ordinary UK
BT Australasia Pty Limited
de
Communication related services and products provider 100% ordinary
100% preference
Australia
BT Cableships Limited
d
Cableship owner 100% ordinary International
BT Communications
Management Limited
d
Telecommunication services provider 100% ordinary UK
BT Hong Kong Limited
df
Communication related services and products provider 100% ordinary
100% preference
Hong Kong
BT Fleet Limited
d
Fleet management company 100% ordinary UK
BT Global Services Limited
dg
International telecommunication network systems provider 100% ordinary UK
BT Holdings Limited
d
Investment holding company 100% ordinary UK
BT (Germany) GmbH & Co. oHG
dh
Communication related services and products provider 100% ordinary Germany
BT Nederland NV
d
Communication related services and products provider 100% ordinary Netherlands
BT Americas Inc.
d
Communication related services and products provider 100% common USA
BT Property Limited
d
Property holding company 100% ordinary UK
BT Subsea Cables Limited
d
Cable maintenance and repair 100% ordinary UK
BT ESPANA, Compania de Servicios
Globales de Telecommunicaciones,
S.A.
di
Communication related services and products provider 100% ordinary Spain
BT Limited
dj
International telecommunication network systems provider 100% ordinary International
BT US Investments LLC
d
Investment holding company 100% ordinary USA
Communications Networking Services
(UK)
d
Communication related services and products provider 100% ordinary UK
Communications Global Network
Services Limited
d
Communication related services and products provider 100% ordinary Bermuda
Esat Telecommunications Limited
d
Telecommunication services provider 100% ordinary Ireland
Farland BV
cd
Provider of trans-border fibre network across BT’s
partners in Europe
100% ordinary International
Syntegra Limited
d
Systems integration and application development 100% ordinary UK
Syntegra Groep BV
d
Systems integration and application development 100% common Netherlands
Syntegra SA
d
Systems integration and application development 100% ordinary France
Syntegra (USA) Inc.
cd
Systems integration and electronic business
outsourcing services
100% common International
a
The group comprises a large number of companies and it is not practical to include all of them in this list. The list, therefore, only includes those
companies that have a more significant impact on the profit or assets of the group.
b
The proportion of voting rights held corresponds to the aggregate interest percentage held by the holding company and subsidiary undertakings.
c
All overseas undertakings are incorporated in their country of operations. Subsidiary undertakings operating internationally are all incorporated in
England and Wales, except Farland BV and Syntegra (USA) Inc. which are incorporated in the Netherlands and USA, respectively.
d
Held through intermediate holding company.
e
In June 2003, BT Pty Limited changed its name to BT Australasia Pty Limited.
f
In August 2003, BT (Hong Kong) Limited changed its name to BT Hong Kong Limited.
g
In June 2003, BT Global Networks Limited changed its name to BT Global Services Limited.
h
In September 2003, BT Ignite GmbH & Co. oHG changed its name to BT (Germany) GmbH & Co. oHG.
i
In October 2003, BT Ignite Espana SAU changed its name to BT ESPANA, Compania de Servicios Globales de Telecommunicaciones, S.A.
j
In April 2003, BT (Worldwide) Limited changed its name to BT Limited.
Share capital
b=billions
m=millions Activity Issued
a
Percentage
owned
Country of
operations
b
Joint Ventures
Albacom SpA Communication related services and products provider e51m 26.0%
c
Italy
LG Telecom Mobile cellular telephone system provider and operator Won 1,386b 16.59%
c
Republic of South Korea
a
Issued share capital comprises ordinary or common shares, unless otherwise stated. All investments are held through intermediate holding companies.
b
All overseas companies are incorporated in their country of operations.
c
Held through intermediate holding company.
BT Annual Report and Form 20-F 2004134
Subsidiary undertakings, joint ventures and associates