BT Group statement re Sky News article

RNS Number : 4103R

BT Group PLC

08 March 2021

 

8 March, 2021

BT Group statement re Sky News article  
 

The Board of BT Group plc ("BT" or the "Company") notes the article from Sky News on Friday 5 March regarding the Company.

The Company announced on 1 March the intention of Jan du Plessis to retire as Chairman in 2021 once a successor has been appointed, and we are very sorry he will be leaving. 

The Chairman throughout his tenure has demonstrated strong leadership of the Company, been extremely supportive of management and any suggestion that he has impeded the transformation of BT is without foundation.

There has been no misalignment between the Board and executive management over the Company's strategy.

Enquiries

External communications:
Tom Engel	Tel: [phone]
Investor relations:
Mark Lidiard	Tel: [phone]

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 2020, BT Group's reported revenue was £22,905m with reported profit before taxation of £2,353m.

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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