BT's failure to become the major ISP in its own home market unlike every other former PTT and the success of Dixon's Freeserve, Demon and Energis based virtual ISPs in the same sector has only been recovered from recently. Only after BT changed its most senior management who were fixated on circuit switching/ISDN based on System X/Y telephone exchanges and embracing broadband/internet lock stock and barrel has this changed. An emergency rights issue also helped resolve the debt from acquiring second or third ranked old telcos style companies around the world.