1 Followers LSE:BT.A - BT Group PLC BT GROUP PLC
Sector: Communication Services, Industry: Integrated Telecommunication Services
Next Earnings: 11 Jul 2024
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GBX 128    -1.65 (-1.27%)

11 Jun 2024


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General

CEO: Mr. Philip Eric Rene Jansen

Headquarters: GB

Employees: 97,100

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Description

BT Group is the incumbent telecommunications operator in the U.K. It is the owner of Openreach, the largest fixed-line network in the U.K. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the U.K. covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.

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