BT Group plc

News and overview for BT Group plc

Texert Is Chosen by BT to Offer Risk Management Solutions - MarketWatch
MarketWatch | 30 days 18 hours 30 minutes ago
Copyright © 2008 MarketWatch, Inc. All rights reserved.


BT Fuels Business Transformation With Ariba [Press Release]
Business Wire | 24 days 13 hours 41 minutes ago
Ariba, Inc. (NASDAQ:ARBA), the leading spend management solutions provider, today announced that BT plc, one of the world’s leading providers of communications solutions and services, will leverage its technology and services to fuel global transformation of its business. As part of ongoing efforts to enhance productivity and profitability, BT has selected Ariba’s on-demand spend management solutions as the platform for the company’s ongoing strategy to streamline procurement and generate sav...


BT Selects Tellabs as the Preferred Strategic Partner for Managed Ethernet Access Equipment for Mobile Operators and 21CN Supplier [Press Release]
PRNewswire | 30 days 10 hours 11 minutes ago
HIGH WYCOMBE, England, Dec. 9 /PRNewswire-FirstCall/ -- In a five-year deal, BT Group plc selected Tellabs to provide solutions for part of its groundbreaking Ethernet-based mobile backhaul service. BT Wholesale provides Managed Ethernet Access solutions for mobile operators who use BT's 21st Century Network-based service(1).


Research and Markets: Increase in Demand for WiMax Services Might Result in Increase in Demand for the Required Infrastructure and Access Equipments by BT Group [Press Release]
Business Wire | 37 days 12 hours 48 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/dc94df/bt_it_sales_oppo) has announced the addition of the "BT - IT Sales Opportunities - 2008" report to their offering.


BT Group plc Board Changes [Press Release]
PRNewswire | 69 days 14 hours 39 minutes ago
LONDON, Oct. 31 /PRNewswire-FirstCall/ -- BT announces that Francois Barrault resigned as Chief Executive, BT Global Services and as a BT Group plc Board director on October 30th. He has been replaced by Hanif Lalani, currently Group Finance Director.


BT Group plc - Trading Update [Press Release]
PRNewswire | 69 days 14 hours 39 minutes ago
LONDON Oct. 31 /PRNewswire-FirstCall/ -- BT Group plc (BT) is today providing an update on trading for the second quarter of its 2008/9 financial year and revising guidance for the full year.


Texert Is Chosen by BT to Offer Risk Management Solutions [Press Release]
PRNewswire | 30 days 13 hours 11 minutes ago
DALLAS, Dec. 9 /PRNewswire/ -- Texert Inc., a leading provider of enterprise risk management (ERM) solutions today announced that it has been selected by BT to provide its customers with a key component for its risk management consultancy offering.


ITV, Virgin Media Sign On-Demand Television Content Deal
Wall Street Journal, The | 16 hours 23 minutes ago
LONDON (Dow Jones)--U.K. broadcaster ITV PLC (ITV.LN) and Virgin Media Inc. (VMED) Thursday said they have signed a deal to allow ITV content to be shown on Virgin Media's on-demand catch-up service. This will allow Virgin Media's 3.5 million television customers to catch up on more than 40 hours of ITV television each week. In addition, Virgin Media viewers will have access to a back catalog of 500 hours of ITV comedies, documentaries and dramas.


Michael Boustridge to Lead BT Asia Pacific [Press Release]
PRNewswire | 29 days 1 hour 30 minutes ago
LONDON, Dec. 10 /PRNewswire-FirstCall/ -- BT today announced that BT Americas CEO Michael Boustridge is to also lead BT's Asia Pacific operations. These span 16 countries with over 4,000 direct staff. Michael succeeds Allen Ma who retires on 5 January 2009, after four years leading BT Asia Pacific's operations.


McAfee, Inc. Names BT as a Preferred Managed Security Services Partner for Network Security [Press Release]
Business Wire | 37 days 14 hours 11 minutes ago
McAfee, Inc. (NYSE:MFE) and BT today announced that they have entered into a strategic partnership to provide customers of McAfee® Network Security Platform appliance with a managed services offering which combines the unique capabilities of the McAfee brand products with BT’s world-class service delivery capabilities and unmatched experience.


Zacks Bull and Bear of the Day Highlights: Burger King, CRA International, BT Group, Canon and Cosan Ltd. [Press Release]
Business Wire | 23 days 16 hours 11 minutes ago
Zacks Equity Research highlights Burger King Holdings (NYSE: BKC) as the Bull of the Day and CRA International (Nasdaq: CRAI) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on BT Group, Plc (NYSE: BT), Canon Inc. (NYSE: CAJ) and Cosan Ltd. (NYSE: CZZ).


Zacks Analyst Blog Highlights: Durect Corp., BT Group Plc, Canon Inc., Cosan Limited, and VimpelCom [Press Release]
Business Wire | 22 days 16 hours 11 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Durect Corp. (NASDAQ: DRRX), BT Group Plc (NYSE: BT), Canon Inc. (NYSE: CAJ), Cosan Limited (NYSE: CZZ), and VimpelCom (NYSE: VIP).


BT Selects Convergys for Five-Year Relationship Management Solutions Contract [Press Release]
Business Wire | 35 days 12 hours 4 minutes ago
Convergys Corporation (NYSE: CVG), a global leader in relationship management, announced today that it has signed a new five-year license agreement and support and maintenance contract with BT (NYSE: BT) for Infinys’ [R] Rating and Billing Manager. The contract carries an option for a sixth year.


BT Issues Profit Warning
Wall Street Journal, The | 65 days 4 hours 7 minutes ago
LONDON -- BT Group PLC saw its shares slide 20% Friday after it issued a surprise profit warning caused by rising costs at its global services unit and said the head of that unit has resigned.The U.K. telecommunications company said the unit had been hit by the slower-than-expected delivery of efficiency savings and a continued decline in higher margin U.K. business. While the unit has been expanding quickly and delivering revenue growth, it has struggled to get control of surging costs.


BT Posts Rise in Net, Plans Job Cuts
Wall Street Journal, The | 56 days 18 hours 8 minutes ago
LONDON -- BT Group PLC Thursday said second-quarter net profit rose 18% and said that it plans to cut its global workforce by about 10,000 this financial year, largely in the U.K.The company also reiterated that it expects revenue to grow for the full-year, but because of the reduction in profitability in BT Global Services, earnings before interest, taxes, depreciation and amortization, or Ebitda, are likely to show a small decline in the current financial year.





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Company Overview


Company: BT Group plc
Industry: Local Exchange Carriers
Website: http://www.btplc.com

Once upon a time, BT Group rivals could have fit into one of the company's signature red phone booths. Though competition has taken a toll, BT Group still wears the crown as the UK's leading telecommunications carrier. The BT Group offers local and long-distance phone service through nearly 22 million access lines (comprising about 15 million residential and more than 6 million business connections). It also provides Internet access and other data services, with more than 12 million broadband lines in operation. Through its Openreach unit, BT provides local network services. BT Group operates primarily in the UK, but its empire spans 170 countries including key markets in Western Europe and North America.


Key Numbers

Sales in U.S. Dollars (mil.) 41,923 (2008)
One-year % Growth in Sales 4.4 (2008)
Net Income in U.S. Dollars (mil.) 3,467.5 (2008)
One-year % Growth in Net Income -36.7 (2008)
Number of Employees 111,858 (2008)
One-year % Growth in Number of Employees 5.3 (2008)
Fiscal Year-End March