According to the Sunday Telegraph, Britain's BT is in talks with the American ATT over the creation of a world telecommunications company for enterprises. The new company would be floated on the London and New York stock exchanges and be worth £5 bn. It would pool BT and ATT's already existing joint-ventures, CONCERT (telecommunications services for multinationals), BT's subsidiary IGNITE (broad band access for companies) and ATT's "enterprises" branch that is soon to be separated from the group. In addition, BT, which has just announced the dismantling of its mobile phone businesses (see EI of 12 May), in contemplating selling, in the framework of this restructuring, SYNTEGRA, its company specialized in system integration with an annual turnover of £560 million.