A quote from Peston's Picks, blog of the BBC business editor:
"Here's an odd thing about BT. It was privatised 25 years ago. But whenever BT gets its tail up and tries to go global - whenever it leaves these shores in a multinational kind of way - something seems to go horribly wrong."
The rest of the article is available here.
So, what do you think - has he got it right?
