privatisation of British Telecom

E507443

The privatisation of British Telecom was a landmark 1984 policy in the UK that transformed the state-owned telecommunications provider into a publicly traded company, symbolizing the broader shift toward free-market reforms under Margaret Thatcher.

All labels observed (1)

Label Occurrences
privatisation of British Telecom canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf economic reform ⓘ
privatisation ⓘ
public offering ⓘ
aimedAt increasing efficiency in telecommunications services ⓘ
reducing public sector borrowing requirement ⓘ
widening share ownership ⓘ
appliesTo BT ⓘ
British Telecom ⓘ
linked to: BT Group
country United Kingdom ⓘ
criticizedFor creating private monopoly power ⓘ
selling public assets below perceived market value ⓘ
followedBy full listing of BT on the London Stock Exchange ⓘ
government Thatcher government ⓘ
historicalSignificance landmark in global wave of privatisations in the 1980s ⓘ
model for later UK utility privatisations ⓘ
ideologicalContext free-market reforms ⓘ
neoliberal economic policy ⓘ
implementedBy Conservative Party government ⓘ
inspiredBy belief in efficiency of private ownership ⓘ
ledToCreationOf Oftel ⓘ
legislatedBy Telecommunications Act 1984 ⓘ
location London Stock Exchange ⓘ
method sale of shares to institutional investors and the general public ⓘ
notableFeature extensive advertising campaign encouraging small investors ⓘ
large oversubscription of shares ⓘ
one of the first major UK utility privatisations ⓘ
partOf United Kingdom privatisation programme of the 1980s ⓘ
politicalContext Thatcherism ⓘ
precededBy state ownership of British Telecom ⓘ
primeMinister Margaret Thatcher ⓘ
regulator Office of Telecommunications ⓘ
regulatoryFramework Telecommunications licensing and price-cap regulation ⓘ
relatedConcept deregulation of telecommunications ⓘ
public ownership ⓘ
share-owning democracy ⓘ
relatedEvent privatisation of British Airways ⓘ
privatisation of British Gas ⓘ
resultedIn British Telecom becoming a publicly traded company ⓘ
expansion of the UK equity market ⓘ
increased competition in UK telecommunications over time ⓘ
introduction of widespread share ownership in the UK ⓘ
reduction of direct government control over British Telecom ⓘ
transfer of ownership from the state to private shareholders ⓘ
sector telecommunications ⓘ
startDate 1984-11-19 ⓘ
symbolized beginning of large-scale UK privatisation programme ⓘ
shift from state-led to market-led economic policy in the UK ⓘ
year 1984 ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Nigel Lawson → notableIdea → privatisation of British Telecom ⓘ