BT Group

It has operations in around 170 countries. Its BT Global Servicesdivision supplies telecoms services to corporate and government customers worldwide,and its BT Consumer division supplies telephony, broadband, and subscription television services in Great Britain to around 18 million customers.

BT's origins date back to the founding of the Electric Telegraph Company in 1846 which developed a nationwide communications network. In 1912, the General Post Office, a government department, became the monopoly telecoms supplier in GB. The Post Office Act of 1969 led to the GPO becoming a public corporation. British Telecommunications, trading as British Telecom, was formed in 1980, and became independent of the Post Office in 1981. British Telecommunications was privatised in 1984, becoming British Telecommunications plc, with some 50 percent of its shares sold to investors. The Government sold its remaining stake in further share sales in 1991 and 1993.

BT has a primary listing on the London Stock Exchange, a secondary listing on the New York Stock Exchange, and is a constituent of the FTSE 100 Index.

In February 2015, BT announced that they have agreed to acquire British mobile phone network EE Limited for £12.5bn.This is subject to regulatory approval expected by March 2016.

Company Growth (employees)
Type
Public
HQ
London, GB
Founded
1846
Size (employees)
106,400 (est)+4%
BT Group was founded in 1846 and is headquartered in London, GB

Key People at BT Group

Gavin Patterson

Gavin Patterson

CEO
Luis Alvarez Satorre

Luis Alvarez Satorre

CEO at BT Global Services
Michael Rake

Michael Rake

Chairman
Dan Fitz

Dan Fitz

Group General Counsel & Company Secretary
Tony Chanmugam

Tony Chanmugam

Group Finance Director
Lisa Harrington

Lisa Harrington

Chief Customer Officer

BT Group Office Locations

BT Group has offices in London, Dallas, Bengaluru, Sheffield and in 82 other locations
London, GB (HQ)
81 Newgate Street
Durham, GB
Providence Row
Show all (86)

BT Group Data and Metrics

BT Group Financial Metrics

BT Group's revenue was reported to be £22.6 b in FY, 2016 which is a 5% increase from the previous period.
GBP

Revenue (FY, 2016)

22.6 b

Revenue growth (FY, 2015 - FY, 2016), %

5%

Market capitalization (25-Jul-2017)

40.1 b

Closing share price (25-Jul-2017)

20.1
BT Group's current market capitalization is $40.1 b.
GBPFY, 2014FY, 2015FY, 2016

Revenue

22.1 b21.5 b22.6 b

Revenue growth, %

(3%)5%

BT Group Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

170180180

Homes Passed

5.9 m26.5 m

4G Customers

15 m18.6 m

Patents and Patent Applications

4.7 k4.9 k

Wi-Fi Hotspots

5.6 m5.6 m

Mobile Customers

30 m

BT Group Market Value History

BT Group Revenue Breakdown

Traffic Overview of BT Group

BT Group Online and Social Media Presence

BT Group News and Updates

CMA clears BT deal for Belgium's IP Trade

BT’s takeover of Belgian trading floor communications company IP Trade has been cleared by the UK’s Competition and Markets Authority (CMA). The body today said that it would not be referring the deal to an in-depth, phase two investigation. The CMA announced it would be investigating the acqu…

It looks like BT is ramping up its experiments with blockchain technology

BT is ramping up its work on blockchain technology, with several patents related to the distributed ledger technology filed in recent months. The FTSE 100 telecoms firm which also provides IT services to high profile clients globally, such as Nationwide Bank, has filed at least six patents since …

Dig deeper on diversity: Hermes stages protest vote against Rio Tinto chair

Hermes Investment Management is so unimpressed with Rio Tinto's progress when it comes to boardroom diversity that the fund manager is staging a protest vote. At the FTSE 100 firm's annual general meeting (AGM) tomorrow, Hermes will be voting against the re-election Rio's chairman Jan du Plessis …

Small businesses now owed over £40bn in late payments

More than half (52 per cent) of Britain's smallest businesses are owed £44.6bn in late payments between them, research out today warns, just as Jeremy Corbyn has vowed to declare "war" on larger firms who make late payments to their suppliers.  The survey by Zurich of more than 1,000 small-and-me…

Corbyn: Labour will 'declare war' on big companies that withhold cash from small businesses

LONDON — Jeremy Corbyn will promise greater protections for small businesses if he is elected prime minister, in a speech to the Federation of Small Businesses (FSM) on Tuesday. The Labour leader will tell business leaders that a government under his leadership would "declar…

Corbyn puts late paying firms in Labour's crosshairs

Labour leader Jeremy Corbyn will today vow “war” on firms making late payments to their suppliers. Speaking at the Federation of Small Businesses, Corbyn will accuse businesses of using their suppliers as a source of interest free capital. “Some of the biggest names in business are holding cas…
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BT Group Company Life and Culture

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