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British Telecom is considering abandoning its plans for a floatation of its wireless arm, including BT Cellnet, in favour of a merger with Telefonica Moviles, the mobile phone arm of the Spanish telecoms company.
BBC: BT 'considers Telefonica merger'
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The argument in the UK has gained momentum in recent weeks with revelations that companies including BT are planning to move services jobs in areas such as directory inquiries to India as a cost-saving measure.
BBC: Indian IT worker
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Firms including BT and Virgin will be able to bid for the money, which they can use to fill in urban notspots or increase wi-fi coverage, a spokesman for the Department of Culture, Media and Sport told the BBC.
BBC: UK Chancellor announces more funding for broadband