Subsidiary and associated undertakings

Brief details of principal operating subsidiary and associated undertakings at 31 March 1996, all of which were unlisted unless otherwise stated, were as follows:


Subsidiary undertakings Activity Group interest in allotted capital (b) Country of operations (c)




Albacom SpA (a) Communication related services
and products provider
50% ordinary Italy




BT Australasia Pty Limited (a) Communication related services
and products provider
100% ordinary
100% preference
Australia




BT (CBP) Limited (a) Financial market telecommunication
equipment provider
100% ordinary International




BT Cableships Limited (a) Cableship owner 100% ordinary International




BT Communications
Management Limited (a)
Telecommunication
services provider
100% ordinary International




BT France SNC (a) Communication related services
and products provider
100% equity France




BT Limited (a) Communication related services
and products provider
100% ordinary International




BT (Hong Kong) Limited (a) Communication related services
and products provider
100% ordinary
100% preference
Hong Kong




BT North America Inc (a) Communication related services
and products provider
100% common USA




BT Property Limited (a) Property holding company 100% ordinary United Kingdom




BT Subsea Cables Limited Cable maintenance and repair 100% ordinary United Kingdom




BT Telecomunicaciones SA (a) Communication related services
and products provider
50% ordinary Spain




BT Visual Images LLC (a) Video conferencing products
and services provider
50% equity USA




BT (Worldwide) Limited (a) International telecommunication
network systems provider
100% ordinary International




Call Connections Limited (a) Cellular services provider 60% ordinary
60% preference
United Kingdom




Cellnet Solutions Limited (a) Messaging service provider for
cellular telephone systems
60% ordinary United Kingdom




Concert Communications
Company (a)
Telecommunication services and
network systems provider
75% ordinary International




First State Computing Unit Trust (a) Systems integration and
application development
100% equity Australia




Manx Telecom Limited (a) Telecommunication services supplier 100% ordinary Isle of Man




Telecom Securicor
Cellular Radio Limited (a)
Mobile cellular telephone
system provider and operator
60% ordinary United Kingdom




Westminster Cable
Company Limited
Cable television service provider 100% ordinary United Kingdom




Yellow Pages Sales Limited (a) Yellow Pages sales contractor 100% ordinary United Kingdom




(a) Held through intermediate holding company.

(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.


Share capital or debt securities

Associated undertakings Activity Issued (c) Percentage owned Country of operations (d)





Clear Communications Limited (a) Telecommunications
services supplier
Equity NZ$101m 25% New Zealand





Jetphone Limited (a)
(incorporated in Republic of Ireland)
Communication
related services and
products provider
Equity IR£2m 50% International





MCI Communications
Corporation (b)
Telecommunication
services supplier
Equity US$74m
Notes US$2,377m
20%
-
USA





Telenordia AB (a) Communication
related services and
products provider
Equity SKR102m 33% Sweden





Viag Interkom
GmbH & Co (a)
Communication
related services and
products provider
Equity DM101m 50% Germany





(a) Held through intermediate holding company.

(b) Listed company.

(c) Equity comprises ordinary or common shares.

(d) All overseas undertakings are incorporated in their country of operations, unless otherwise stated.

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