BT and Cauldwell Communications settle out of court

23 Aug 2005

UK incumbent BT Group has halted legal action against Cauldwell Communications over the miss-selling of fixed line services after the pair reached an out of court settlement. BT launched a law suit against its rival in May following a number of complaints that Cauldwell Communications was infringing its trademarks and misleading potential customers into thinking that it was ‘in some way connected to BT’. Cauldwell Communications has agreed to pay GBP150,000 to settle the dispute and has given an undertaking not to infringe BT’s trademark.

Meanwhile, Cauldwell Communications’ owner, UK mogul John Cauldwell, is reportedly looking to exit another of his telecoms investments, mobile phone retailer Phones4U. Cauldwell, Britain’s 26th richest man, started the business with his brother in the late 1980s and now values it at around GBP800 million. He has appointed NM Rothschild to sound out potential buyers for the company, according to the Sunday Times.

United Kingdom, BT Group (incl. Openreach)