BT Group PLC BT Group statement re Altice's investment in BT (4614B)
10 June 2021 - 04:09PM
UK Regulatory
TIDMBT.A
RNS Number : 4614B
BT Group PLC
10 June 2021
10 June 2021
BT Group statement re Altice's investment in BT
BT Group notes the announcement from Altice of their investment
in BT and their statement of support for our management and
strategy. We welcome all investors who recognize the long-term
value of our business and the important role it plays in the UK. We
are making good progress in delivering our strategy and plan.
- ENDS -
Enquiries
Press office:
Tom Engel Tel: 07947 711959
Investor relations:
Mark Lidiard Tel: 020 7356 4909
About BT
BT Group is the UK's leading telecommunications and network
provider and a leading provider of global communications services
and solutions, serving customers in 180 countries. Its principal
activities in the UK include the provision of fixed voice, mobile,
broadband and TV (including Sport) and a range of products and
services over converged fixed and mobile
networks to consumer, business and public sector customers. For
its global customers, BT provides managed services, security and
network and IT infrastructure services to support their operations
all over the world. BT consists of four customer-facing units:
Consumer, Enterprise, Global and its wholly-owned subsidiary,
Openreach, which provides access network services to over 650
communications provider customers who sell phone, broadband and
Ethernet services to homes and businesses across the UK.
For the year ended 31 March 2021, BT Group's reported revenue
was GBP21,331m with reported profit before taxation of
GBP1,804m.
British Telecommunications plc 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 the London Stock
Exchange.
For more information, visit www.bt.com/about
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END
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