BT: No ill effects from mortgage fall-out

U.K. telecom giant BT said it is not seeing a slow-down in business from the financial services sector, despite that so many companies in that market have been harshly affected by the ongoing sub-prime mortgage crisis. BT CEO Ben Verwaayen  said the carrier can continue to offer major financial firms cost-saving solutions that can help them through the crisis. BT's Global Services Unit is hoping to achieve a 15% profit margin within the next three years.

For more:
- check out this story from Bloomberg.com

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