User summary, based on the English Wikipedia entry:
Telecomsoft was the computer software division of British telecommunications company British Telecom (now BT). It was the owner of the well-known Firebird and Rainbird labels, under which it sold video games at a variety of price-points.
Three publishing labels were initially established within Telecomsoft, each with its own specific marketing strategy, although some of them would later fragment to form a number of sub-labels. The Firebird label would be Telecomsoft's primary identity. Although initially set up to publish a range of budget titles, Firebird later evolved into a full price label. As a consequence the Silverbird label was formed to continue publishing the budget range. As the Atari ST and Amiga home computers grew in popularity, the Rainbird label was established to give the more complex 16-bit titles a unique brand identity, although it was also used to publish a number of high-profile 8-bit games and application software.
Telecomsoft acquired Beyond software in 1985 aswell as Odin Computer Graphics.
Telecomsoft was bought by Microprose in 1989.
There is a memorial site on http://www.birdsanctuary.co.uk/