BT Group PLC Discussions in relation to BT Sport (0492X)
April 29 2021 - 2:05AM
UK Regulatory
TIDMBT.A
RNS Number : 0492X
BT Group PLC
29 April 2021
29 April 2021
Discussions in relation to BT Sport
Further to media reports, BT can confirm that early discussions
are being held with a number of select strategic partners, to
explore ways to generate investment, strengthen our sports
business, and help take it to the next stage in its growth. The
discussions are confidential and may or may not lead to an
outcome.
Enquiries
Press office:
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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END
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