News Burst: BT buys into Excite

BT has announced that it intends to buy a 50 per cent share in Excite Inc. subsidiary, Excite UK.

George Bell, CEO of Excite Inc, said: "Our joint venture with BT continues our international strategy of choosing the best local partner in each market where we want to establish our business."

BT's $10m (£6.1m) investment in the subsidiary is further evidence of BT's efforts to boost its presence in popular Internet portals.


You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All