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. Last Updated: 07/27/2016

AT&T, BT in Alliance

NEW YORK -- British Telecommunications PLC and its U.S. partner AT&T Corp. said Thursday they had formed a wireless phone alliance to attract lucrative business customers and world travelers tired of incompatible phone technologies.

The pact expands the relationship between AT&T and BT - the largest phone companies, respectively, in the United States and Britain - which last year agreed to form a $10 billion joint venture to provide voice and data services to multinational corporations.

The alliance comes as Britain's Vodafone AirTouch PLC is in talks to forge a U.S. wireless partnership with former adversary Bell Atlantic Corp.