HC Deb 22 March 1982 vol 20 c242W
34. Mr. Gregor MacKenzie

asked the Secretary of State for Industry if he will make a statement on the future of British Telecom.

Mr. Wakeham

The Government attach high priority to British Telecom's role in enabling Britain to respond to the opportunities presented by the new technology. We believe that private capital has an important part to play and have accordingly authorised work on a new BT bond. Other possible ways of developing partnership between BT and the private sector are also under review.