UK telco British Telecommunications (BT) is mulling the possibility of acquiring media companies to supply its proposed broadband services, according to a report on Reuters.
According to Marc Deschamps, COO for BT's broadband internet outfit Openworld, the company is open to deals on the same scale as this year's high-profile content-carrier mergers - AOL-Time Warner and Vivendi-Seagram. BT was recently tipped as a suitor for Spanish telecommunications giant Telefonica which has content assets including Dutch producer Endemol Entertainment and stakes in Spanish production outfit Lolafilms and Argentina's Patagonik.
BT has already signed up 75 companies to supply content including video clips and news for its broadband internet service which it plans to launch in July.
Deschamps, one of the founders of UPC's broadband company cello and producer on Spanish sci-fi film The Killer Tongue, added that BT is likely to float Openworld.