April The Telecommunications Bill received royal assent on 12 April.
June British Telecom’s and Kingston-upon-Hull City Council’s licences were published.
August Oftel was officially created on 1 August. That month BT became a public limited company.
November 51% of BT shares were sold to the public – a total of 3,012 million ordinary shares. The purchase price was 130p and the offer was 3.2 times oversubscribed.
Following the delayed implementation of changes to the 0870 and 0871 NGN ranges, originally due to be in place by 1st February 2008, Ofcom have now released their modified proposals. Read more »