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Subsidiary undertakings joint ventures and associates 

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 Country
in allotted capitalb of operationsc

Subsidiary undertakings      
British Telecommunications plcd Communication related services and products provider 100% ordinary UK

BT Australasia Pty Limitedde Communication related services and products provider 100% ordinary Australia
    100% preference  

BT Cableships Limitedd Cableship owner 100% ordinary International

BT Communications Telecommunication services provider 100% ordinary UK
Management Limitedd      

BT Hong Kong Limiteddf Communication related services and products provider 100% ordinary Hong Kong
    100% preference  

BT Fleet Limitedd Fleet management company 100% ordinary UK

BT Global Services Limiteddg International telecommunication network systems provider 100% ordinary UK

BT Holdings Limitedd Investment holding company 100% ordinary UK

BT (Germany) GmbH & Co. oHGdh Communication related services and products provider 100% ordinary Germany

BT Nederland NVd Communication related services and products provider 100% ordinary Netherlands

BT Americas Inc.d Communication related services and products provider 100% common USA

BT Property Limitedd Property holding company 100% ordinary UK

BT Subsea Cables Limitedd Cable maintenance and repair 100% ordinary UK

BT ESPANA, Compania de Servicios Communication related services and products provider 100% ordinary Spain
Globales de Telecommunicaciones,      

S.A.di

     

BT Limiteddj International telecommunication network systems provider 100% ordinary International

BT US Investments LLCd Investment holding company 100% ordinary USA

Communications Networking Services Communication related services and products provider 100% ordinary UK
(UK)d      

Communications Global Network Communication related services and products provider 100% ordinary Bermuda
Services Limitedd      

Esat Telecommunications Limitedd Telecommunication services provider 100% ordinary Ireland

Farland BVcd Provider of trans-border fibre network across BTs partners in Europe 100% ordinary International
       

Syntegra Limitedd Systems integration and application development 100% ordinary UK

Syntegra Groep BVd Systems integration and application development 100% common Netherlands

Syntegra SAd 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     Percentage   Country of
m = millions Activity Issueda owned   operationsb






Joint Ventures          
Albacom SpA Communication related services and products provider 51m 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.

 

 

 

 

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