BT Group PLC — Management Reports 2016

Feb 8, 2016

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RNS Number : 3100O

BT Group PLC

08 February 2016

February 8, 2016

RESPONSE TO RECENT PRESS SPECULATION

BT Group plc (BT) notes the recent press speculation that Tony Chanmugam, Group Finance Director, may step down later this year. BT confirms that a search process has commenced to find a successor but that no formal decision has been taken on a replacement or around the potential timing of any change.

BT will make a further announcement if and when required.

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For further information

Enquiries about this news release should be made to the BT Group Newsroom on its 24-hour number: 020 7356 5369. From outside the UK dial + 44 20 7356 5369. All news releases can be accessed at our web site: http://www.btplc.com/News

About BT

BT's purpose is to use the power of communications to make a better world. It is one of the world's leading providers of communications services and solutions, serving customers in more than 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband, TV and internet products and services; and converged fixed-mobile products and services. Following the acquisition of EE on 29 January 2016, BT consists principally of six customer-facing lines of business: BT Global Services, BT Business, BT Consumer, EE, BT Wholesale and Openreach.

For the year ended 31 March 2015, BT Group's reported revenue was £17,979m with reported profit before taxation of £2,645m.

British Telecommunications plc (BT) 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 stock exchanges in London and New York.

For more information, visit www.btplc.com. 

This information is provided by RNS

The company news service from the London Stock Exchange

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