BT Group plc appoints Ernst & Young as external auditor
The selection follows a mandatory tender process, with KPMG continuing until 2028.
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UK telecommunications and media provider
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In short: BT maintained its full-year guidance and formed a 50:50 joint venture with Verizon for international connectivity despite lower profits.
The selection follows a mandatory tender process, with KPMG continuing until 2028.
Revenue was flat at £4.3bn, adjusted EBITDA down 1%, with record fibre connections and a proposed Verizon joint venture.
The 50:50 joint venture will serve over 3,000 customers across 180+ countries, with $4 billion revenue.
It builds on 23 million people already supported and includes partnerships like AbilityNet to help older people stay safe online.
British regulator Ofcom on Tuesday proposed blocking a new commercial offer from BT's wholesale ne...
The offer in question is called the 'Incremental New to Openreach Offer'. It applies a monthly discount to ISPs for bringing new full-fibre customers onto...
BT Group stock reflects a mix of stable cash generation and heavy network investment as the UK telecoms group pushes ahead with its Openreach fiber...
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