BT mulling mobile telephony return

British broadsheet The Guardian is reporting that fixed line and broadband incumbent BT is considering plans to launch mobile telephony services under a joint venture with T-Mobile and Hutchison Whampoa-owned 3. The three companies have reportedly held informal talks which, although still at early stage, have included discussions on branding, costs and revenue. It is believed that BT is mulling the move in a bid to increase profits as customers increasingly migrate to mobile broadband services offered by other operators. BT exited the mobile sector in 2001, when it demerged its mobile subsidiary Cellnet.