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.

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Type
Public
HQ
London, GB
Founded
1846
Size (employees)
106,400 (est)
BT Group was founded in 1846 and is headquartered in London, GB
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Key People/Management at BT Group

Jan du Plessis

Jan du Plessis

Chairman
Karen Richardson

Karen Richardson

Non-Executive Director
Nick Rose

Nick Rose

Non-Executive Director
Jasmine Whitbread

Jasmine Whitbread

Non-Executive Director
Tony Ball

Tony Ball

Non-Executive Director
Iain Conn

Iain Conn

Non-Executive Director
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BT Group Office Locations

BT Group has offices in London, Washington, Bracknell, Halifax and in 82 other locations
London, GB (HQ)
81 Newgate Street
Durham, GB
Providence Row
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BT Group Financials and Metrics

BT Group Financials

BT Group's revenue was reported to be £24.08 b in FY, 2017 which is a 27.6% increase from the previous period.
GBP

Revenue (Q3, 2018)

6 b

Gross profit (Q3, 2018)

854 m

Gross profit margin (Q3, 2018), %

14.3%

Net income (Q3, 2018)

501 m

EBIT (Q3, 2018)

854 m

Market capitalization (25-May-2018)

27.7 b

Closing share price (25-May-2018)

13.9

Cash (31-Dec-2017)

948 m

EV

42.2 b
BT Group's current market capitalization is $27.7 b.
Annual
GBPFY, 2015FY, 2016FY, 2017

Revenue

17.8 b18.9 b24.1 b

Revenue growth, %

6%28%

Cost of goods sold

14.6 b15.4 b20.9 b

Gross profit

3.3 b3.5 b3.2 b
Quarterly
GBPQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

4.4 b4.5 b4.6 b5.8 b6 b6.1 b5.8 b5.9 b6 b

Cost of goods sold

3.5 b3.6 b3.6 b4.8 b5.1 b5.4 b5.2 b5.1 b5.1 b

Gross profit

814 m813 m981 m930 m870 m729 m602 m850 m854 m

Gross profit Margin, %

19%18%21%16%14%12%10%14%14%
Annual
GBPFY, 2015FY, 2016FY, 2017

Cash

848 m996 m528 m

Accounts Receivable

3.1 b4 b3.8 b

Inventories

94 m189 m227 m

Current Assets

7.8 b8.5 b6.9 b
Quarterly
GBPQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

1.3 b996 m945 m487 m573 m435 m479 m353 m948 m

Accounts Receivable

3.3 b3.3 b3.2 b4.3 b3.9 b4 b3.9 b3.8 b3.8 b

Inventories

106 m112 m101 m216 m270 m236 m241 m243 m267 m

Current Assets

6.9 b6.5 b7.1 b8 b8.1 b7.7 b8.7 b8.1 b9.9 b
Annual
GBPFY, 2015FY, 2016FY, 2017

Net Income

2.1 b2.5 b1.9 b

Depreciation and Amortization

2.5 b2.6 b3.6 b

Inventories

(13 m)(33 m)

Accounts Payable

199 m124 m(152 m)
Quarterly
GBPQ1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Depreciation and Amortization

628 m1.3 b1.8 b1.7 b2.6 b1.8 b2.6 b

Cash From Operating Activities

290 m1.5 b3.2 b3.1 b4.5 b2.6 b4.2 b

Purchases of PP&E

(628 m)(1.2 b)(1.8 b)(1.5 b)(2.2 b)(1.7 b)(2.5 b)

Cash From Investing Activities

1.1 b993 m(625 m)(847 m)(1.6 b)(2.7 b)(5 b)
GBPY, 2017

EV/EBIT

49.4 x

EV/CFO

10.1 x

Revenue/Employee

56.1 k

Debt/Equity

1.9 x

Debt/Assets

0.3 x

Financial Leverage

5.5 x
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BT Group Operating Metrics

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BT Group Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
IP Trade May 02, 2017
Tikit Group Limited November 15, 2012
Wire One Technologies June 02, 2008
Infonet Services November 04, 2004
BTexact Technologies Limited
BTexact Venturing Limited
BTGS Mexico S.A. de C.V.
BTGS USVI Limited
BTIH Teleconsult Drustvo sa organicenom odgovornoscu za posredovanje i zastupanje d.o.o. Sarajevo
BT LatAm
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BT Group News and Updates

France's Orange to cut stake in BT Group

PARIS (Reuters) - French telecoms company Orange plans to reduce its stake in British rival BT Group from 4 percent to as little as 1.33 percent, it said on Monday.
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