KEY ACHIEVEMENTS OF BT'S GLOBAL FAMILY IN 1998/99

• In consortium with NTT of Japan, ST Telecommunications and Singapore Power, BT was awarded both fixed and mobile telecommunication licences by the Singapore government in April 1998.

• In June 1998, Cegetel announced an agreement with America Online, Bertelsmann and Canal+ to create a leading provider of on-line and Internet services in France.

•Telfort launched the first fully digital mobile service in the Netherlands in September 1998. Telfort is BT's 50/50 joint venture with national railway company Nederlandse Spoorwegen.

• Viag Interkom, BT's joint venture in Germany, launched its mobile communications and Internet services, also in September 1998. Viag Interkom is the first company in Germany to provide fixed, mobile and Internet services from a single supplier.

• BT bought a 13.79 per cent stake in Kymata Ltd, a new UK-based opto-electronics company, in December 1998. Kymata aims to become the leading supplier of bandwidth products in the UK.