IRVING, Texas, April 28, 2016 /PRNewswire/ -- Today, the
Federal Communications Commission took a major step forward in its
commitment to bring real reform to the critical market for business
data services. For over a decade, American consumers, businesses,
and the US economy have paid the price for the enduring lack of
competition in this market. The FCC is now poised to usher in a new
competitive and sustainable business data services framework to the
benefit of the entire broadband economy. We thank the FCC for its
action today and look forward to continuing our work together to
ensure that competition governs this critical input to
innovation.
About BT
BT's purpose is to use the power of
communications to make a better world. It is one of the world's
leading providers of communications services and solutions, serving
customers in more than 170 countries. Its principal activities
include the provision of networked IT services globally; local,
national and international telecommunications services to its
customers for use at home, at work and on the move; broadband, TV
and internet products and services; and converged fixed-mobile
products and services. As of 31 March
2016, BT consisted principally of six customer-facing lines
of business: BT Global Services, BT Business, BT Consumer, EE, BT
Wholesale and Openreach. With effect from 1 April 2016, the group has been reorganized and
the customer-facing lines of business are now: Global
Services, Business and Public Sector, Consumer, EE, Wholesale and
Ventures, and Openreach.
For the year ended 31 March 2015,
BT Group's reported revenue was £17,979m with reported profit
before taxation of £2,645m.
British Telecommunications plc (BT) is a wholly-owned subsidiary
of BT Group plc and encompasses virtually all businesses and assets
of the BT Group. BT Group plc is listed on stock exchanges in
London and New York.
For more information, visit www.btplc.com
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SOURCE BT