BT Group plc

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  • 386.85p
  • -2.20p (-0.57%)


BT share price: Telco not planning tower sale

BT not planning tower sale

Group selling off other non-core assets

16 hours ago


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About BT Group plc

BT Group Plc (LON:BT.A) is a British telecommunications services company, headquartered in London. It operates in more than 170 countries worldwide. BT has four customer facing lines of business: BT Retail, BT Global Services, BT Wholesale and Openreach. These are supported by its internal service unit, BT Technology, Service and Operations. The Retail division is one of the biggest providers of telephony, broadband and subscription television in the UK, with a subscription base of over 18 million.
BT traces its origin back to 1846 and the founding of the Electric Telegraph Company, the world's first national telecommunications. It was shaped into its modern form in the early 1980s, with the founding and the subsequent privatisation of British Telecom.
2013 has seen the much-heralded launch of new sports channel BT Sport which will offer a wide selection of live sporting events such as Barclays Premier League Football and the Aviva Premiership rugby union. BT Sport is being aggressively marketed and is free to BT Broadband subscribers. The move is seen as a direct challenge to News Corporation's Sky Sports, whose Sky Sports channels have long been seen as the company's primary competitive advantage over rivals.
The company is headquartered in London and the current CEO is Gavin Patterson. Today, BT is a constituent of the FTSE 100 Index and one of the largest companies on the London Stock Exchange. It is also listed on the New York Stock Exchange, under the symbol BT

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