BT Group PLC BT Group statement re Sky News article (4103R)
March 08 2021 - 1:00AM
UK Regulatory
TIDMBT.A
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: 020 7356 5369
Investor relations:
Mark Lidiard Tel: 020 7356 4909
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 GBP22,905m with reported profit before taxation of
GBP2,353m.
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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