BT.L - 41578029

YHD - YHD Delayed price. Currency in USD
At close: 6:07PM EDT
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  • Reuters

    BT to give greater network access to rivals under new Ofcom plan

    LONDON (Reuters) - Britain's biggest telecoms group BT will be forced to give rivals greater access to its core network Openreach to encourage a faster roll-out of high-speed fibre cables, under plans ...

  • Reuters

    UK's biggest mobile operator pauses use of Huawei 5G handsets

    LONDON (Reuters) - Britain's biggest mobile operator EE said on Wednesday it would not offer Huawei handsets as part of its 5G services launch, pausing the use of devices from the Chinese company until ...

  • Aiming to re-energise staff, new head of BT hands out shares
    Reuters

    Aiming to re-energise staff, new head of BT hands out shares

    The new boss of Britain's BT Group will give each employee 500 pounds worth of shares, at a total cost of 50 million pounds, in one of his first moves to drive better performance at the telecoms giant. Philip Jansen took over the top job at the country's biggest mobile and fixed-line telecoms provider in February, tasked with overhauling the former monopoly and building the next generation networks that are central to the growth of the economy. "I'm asking our colleagues for their commitment to making BT a national champion and I want to give them ownership in our company and a share in our success," Jansen said on Thursday.

  • Reuters

    Timeline: BT bosses in spotlight in Italian accounting scandal

    A criminal investigation into accounting fraud inside British Telecom's Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division’s financial performance. OCTOBER 27 2016: British Telecom says it wrote down the value of its Italian operations by 145 million pounds due to “inappropriate management behaviour” at its Italian division but says the issue will not affect its full-year financial targets. JANUARY 24 2017: BT CEO Gavin Patterson says in a statement an internal audit found “serious accounting irregularities” in its Italian operations that forced BT to write down the value of its Italian business by 530 million pounds and to cut estimated profits and revenues.

  • Reuters

    Exclusive: BT’s Italian job had London roots, say investigators

    A criminal investigation into accounting fraud inside British Telecom's Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division’s financial performance. Emails seized by the police and reviewed by Reuters show for the first time why Italian prosecutors allege that top BT employees were at the heart of the problem, contrary to the company's assertions that managers at head office knew nothing about the misconduct.

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