Abstracts » Business

BT now up with the pack

Article Abstract:

British Telecommunications (BT) stocks have performed well, partly because the are catching up with other telecoms stocks which have risen. They have also been helped by the company's seminar to financial institutions. A sample of six brokers all rate the company's stocks positively. The brokers are BT Alex Brown, a strong buyer, Morgan Stanley, which sees the stocks as likely to perform better than the market as a whole, and Greig Middleton, which forecasts a pre-exceptional profit of 3.3 billion pounds sterling for BT in 1998. SG Securities, Deutsche Morgan Grenfell and Daiwa are also positive about BT.

British Telecommunications PLC, Securities

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Telecoms stocks move out of BT's shadow

Article Abstract:

Increases in demand and technological change have created opportunities for smaller telecoms companies in the United Kingdom, such as Energis and Colt. Telecoms demand is likely to increase, especially for ISDN services. COLT has performed especially well in terms of its stock price. The company's main asset is a fiber-optic network 78 miles long in central London, England. The company has similar systems in other European locations and aims to construct more. Meanwhile, Energis was floated in Dec 1997 and has used the National Grid's electricity network for its fiber-optic cable network.

United Kingdom, Management, Colt, Energis Communications Ltd.

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