May 15 (Reuters) - UK's BT is reviving talks over
a possible sale or partnership of its struggling international
business a year after halting negotiations, Sky News reported.
Britain's largest telecom group plans to rekindle talks with
companies such as AT&T ( T ), Orange and Verizon
, the report said.
Here are some details:
* The sale will be part of BT's strategy to refocus on the
domestic UK market where it has been losing customers to smaller
rivals, pushing CEO Allison Kirkby to optimize its resources.
* The reported discussions come over a year after BT
unveiled plans to create a separate international unit following
media chatter around partnership talks with AT&T ( T ) and Orange.
* Last year, BT divested its financial information business,
Radianz, in a bid to optimize its international business.
* The international unit, which includes operations in
countries such as Argentina, Brazil and Canada, is currently led
by Clive Selley, the former boss at BT's other major business
Openreach.
* Lazard or Goldman Sachs are expected to work with BT on
the talks, the report added, citing industry sources.
* BT declined to comment on a Reuters request for comment.
* AT&T ( T ), Orange and Verizon did not immediately respond to
Reuters' requests for comment.