Collection search - Matthews, Terence, Michael Cowpland and D. Van der Weyer - Press Conference

CANADA. NATIONAL PRESS THEATRE

1985-0264

Sound

1 of 1

1985-05-10

National Press Theatre

Press conference given by Terence Matthews, President of Mitel Corporation; Michael Cowpland, Chairman of Mitel Corporation; and D. Van der Weyer, Deputy Chairman of British Telecom; concerning the corporated reorganization agreement reached in principle between Mitel and British Telecom. In the opening statement and subsequent question period the following topics are discussed: what percentage of shares British Telecom will control; the strategy of British Telecom in linking up with Mitel; the future management plans for Mitel; the reaction of the House of Commons on the agreement; the recent layoffs at Mitel; the chances for success of the SX2000 in the U.S. market and its importance to British Telecom; why a Canadian corporation did not take over Mitel; and whether the operational structure of Mitel will change because of the agreement.

CORPORATE REORGANIZATIONS~BRITISH TELECOM~MITEL CORPORATION~COWPLAND, MICHAEL~MATTHEWS, TERENCE~VAN DER WEYER, D.

English

Open

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Copyright owner: National Press Theatre.

With written permission of Copyright Owner / Avec la permission écrite du détenteur des droits d'auteur