March 23, 2018 6:52 PM ET

Diversified Telecommunication Services

Company Overview of British Telecommunications plc

Company Overview

British Telecommunications plc provides communication services worldwide. Its Consumer segment offers a range of home phone products and calling plans; ADSL broadband services; and TV and mobile services. The company’s EE segment provides postpaid and prepaid mobile services; a range of 4G mobile phones, tablets, connected devices, and mobile broadband devices. Its business and public sector segment offers fixed-voice services; a range of handsets and tablets; Internet access options; and specialized networked IT services. The company’s Global Services segment provides a range of IP, Ethernet, and Internet virtual private network; cyber security services and collaboration services; contact c...

BT Centre

81 Newgate Street

London,  EC1A 7AJ

United Kingdom

Founded in 1984

106,400 Employees

Key Executives for British Telecommunications plc

Chief Executive Officer of Openreach
Age: 55
Chief Executive Officer of BT TSO
Chief Executive Officer of BT Wholesale
Chief Executive Officer of EE
Chief Executive Officer of Global Services
Age: 46
Compensation as of Fiscal Year 2017.

British Telecommunications plc Key Developments

ADVA Optical Networking, British Telecommunications plc and Mavenir Collaborate on Cloud RAN Technologies as Part of Telecom Infra Project

ADVA Optical Networking, British Telecommunications plc and Mavenir have announced that they will be collaborating on a number of research projects at the UK’s Telecom Infra Project (TIP) Community Lab based at the BT Labs in Adastral Park, Ipswich. At the BT Labs, ADVA, BT and Mavenir will be testing and validating the benefits of Cloud RAN (vRAN) using non-ideal infrastructure for fronthaul, to try and promote innovation in future mobile network deployments. The approach is to investigate and test solutions that will dynamically reduce the cost of future network deployment by reconsidering fronthaul technologies that have previously been rejected. The initiative has reached the testing phase with the deployment of an end-to-end vRAN system incorporating Mavenir and ADVA technologies.

British Telecommunications plc Announces Board Changes

British Telecommunications plc announced the resignation of Sean Williams as a director with effect from September 29, 2017, Simon Lowth, Neil Harris and Patrick Bradley were appointed directors of the company with effect from October 17, 2017.

British Telecommunications plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2017

British Telecommunications plc announced unaudited consolidated earnings results for the six months ended September 30, 2017. For the period, the company's revenue was £11,786 million compared with £11,782 million a year ago. Operating profit was £1,454 million compared with £1,802 million a year ago. Profit before taxation was £1,174 million compared with £1,488 million a year ago. Reported EBITDA for the year was £3,211 million compared with £3,526 million a year ago. Net cash inflow from operating activities was £2,566 million compared with £3,078 million a year ago. Purchases of property, plant and equipment and software were £1,665 million compared with £1,463 million a year ago. Capital expenditure was £1,693 million compared with £1,579 million a year ago. Adjusted EBITDA was £3,598 million compared with £3,708 million a year ago.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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