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Tech Industry

Short Take: BT in talks for U.S. expansion

British Telecom is in talks with U.S. companies to expand its presence in America, according to Robert Brace, BT group finance director. BT's planned merger with MCI Communications fell through last fall when BT cut its bid for the long distance company. Merrill Lynch analyst Mark Lambert said there are rumors that a deal between British Telecom and Bell Atlantic is imminent, as reported by Dow Jones.

    British Telecom is in talks with U.S. companies to expand its presence in America, according to Robert Brace, BT group finance director. BT's planned merger with MCI Communications fell through last fall when BT cut its bid for the long distance company. Merrill Lynch analyst Mark Lambert said there are rumors that a deal between British Telecom and Bell Atlantic is imminent, as reported by Dow Jones.