BT Chief To Become British Government Minister 47
judgecorp writes "BT chief Ian Livingston is leaving the British telecom provider to become a government minister. The executive has been appointed a seat in the House of Lords, which enables him to become Minister for Trade and Investment without having to be elected as a Member of the lower house of Parliament. Livingston has seen BT go from a £134 million loss in 2008 when he was appointed, to a profit of £2.5 billion in 2012. It still has a monopoly over certain sectors of the British telecom market, and has won all the contracts so far for rolling out broadband to rural areas."
BT Chief To Become British Government Minister More Login
BT Chief To Become British Government Minister
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