Company
BT Group plc
Headquarters: London, United Kingdom
Founded: 18 June 1846
Employees: 99,700
CEO: Mr. Philip Eric Rene Jansen
Market Cap
£13.65 Billion
GBP as of July 1, 2024
US$17.26 Billion
Company Description
BT Group plc, trading as BT and formerly British Telecom, is a multinational telecommunications company. Tracing its origins to 1846, BT has grown to operate in about 180 countries, operating in a number of services to individuals including fixed-line, broadband, and mobile services, together with subscription television and IT services. BT also provides a range of connectivity, communications, and IT services to businesses.
Top Competitors by Market Capitalization
Industry: Telecom Services
| Company | Market Cap (USD) |
|---|---|
| China Mobile | $217.46 B |
| T-Mobile US | $209.71 B |
| Verizon | $173.08 B |
| AT&T | $133.94 B |
| Deutsche Telekom AG | $127.11 B |
Detailed Description
BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Consumer, Enterprise, Global, and Openreach segments. The Consumer segment offers landline, mobile, broadband, and TV services under the BT, EE, and Plusnet brands. The Enterprise segment provides network solutions to communications providers; and sells communications and IT services to businesses and public sector organizations. Its services include fixed voice, mobile, fixed connectivity, and IT services. The Global segment secures and manages network and cloud infrastructure and services for multinational corporations. It also offers voice and data network services, such as managed, security and network, and IT infrastructure services. The Openreach segment provides fixed connectivity access network that connects homes, mobile phone masts, schools, shops, banks, hospitals, libraries, broadcasters, governments, and big and small businesses. This segment also offers last mile, a services over the local access network; and installs and maintains fiber and copper communications networks from exchanges to homes and businesses. BT Group has strategic partnership with Microsoft. The company was formerly known as Newgate Telecommunications Limited and changed its name to BT Group plc in September 2001. BT Group plc was incorporated in 2001 and is headquartered in London, the United Kingdom.
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Stocks & Indices
BT Group plc has the following listings and related stock indices.
Stock: LSE: BT.A wb_incandescent
Stock: FSX: BTQ wb_incandescent
Stock: OTC: BTGOF wb_incandescent
Stock: XETR: BTQ wb_incandescent
Product & Services
Fixed-line telephonyMobile telephonyBroadband internetFibre-optic communicationDigital televisionIT and network servicesHome securityTelecommunications equipment
Key People
Adam Crozier (Chairman) Philip Jansen (Chief Executive) Simon Lowth (Group Finance Director)
Financials
Revenue: £21.370 billion (2021)
Operating income: £3.068 billion (2021)
Net income: £1.472 billion (2021)