British Telecommunications PLC has transferred the information systems division of its wholly owned Canadian subsidiary CTG Inc to 51-pct-owned Mitel Corp Mitel said. It said the transfer was designed to strengthen Mitels position in the Canadian market. British Telecom acquired 51 pct of Mitel in March 1986 while CTG became a wholly owned British Telecom subsidiary in May 1985. Mitel said the transfer of holdings represents a restructuring of British Telecoms private branch exchange (PBX) interests in Canada. It said the CTG unit will become the center of a newly formed Mitel direct sales division which will sell SX-2000 products to major Canadian business customers.
BRITISH TELECOM <BTY> GIVES CTG TO MITEL <MLT>