Mar 27 2017
BT fined £42m for Openreach contracts breach
BT is to be fined £42 million (€48.5m) for what regulator Ofcom describes as a “serious” breach of its rules, after the company reduced compensation payments to other telecoms providers for late installations. The penalty is a result of an investigation by Ofcom into BT’s infrastructure arm, Openreach. BT has apologised “wholeheartedly” for the mistakes. […]
Feb 2 2018
BT revenues and earnings down
BT has revealed falling third-quarter revenues and earnings after it was hit by higher business rates and pension charges. The group saw adjusted earnings drop 2% to £1.8 billion in its third quarter to December 31, while sales fell 3% to £5.97 billion. BT put the declines down to increased investment in mobile devices and […]
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By Expat • BT • Tags: BT Openreach, BT Sport