1999 After demerging its defence interests, GEC renamed itself Marconi plc, concentrating on communications and IT.
Having made 2 major US acquisitions of companies involved in fibre-optic cables and telecommunications equipment, and having disposed of non-core business such as Domestic Appliances, the company planned to capitalise on telecoms underinvestment in fibre but sell off its Fibreway JV as an independent telecoms operators,[1]
2003 Marconi plc renamed itself Marconi Corporation
See Also
Sources of Information
- ↑ The Times July 22, 2000