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BT Group PLC drops 7% after profit warning
BT must open up poles and tunnels to fiber rivals, Ofcom says
BT Group Plc provides communication solutions and services. Its principal activities include fixed-lines services, broadband, mobile and TV products and services as well as networked IT services. The company has following customer-facing lines of business: Consumer; EE; Business and Public Sector; Global Services; Wholesale and Ventures; Technology, Service and Operations; and Openreach. The Consumer segment provides consumer fixed-line voice and broadband services. The EE segment operates mobile network and offers fixed broadband and TV. The Business and Public Sector segment sells communications and IT services in the UK and the Republic of Ireland. The Global Services segment provides business communications and supplies ICT services. The Wholesale and Ventures segment provides fixed or mobile telephony services, as well as runs a number of BT's business units. The Technology, Service and Operations segment creates and operates global networks, platforms and IT systems. The Openreach segment builds and maintains digital infrastructure and provides the foundation for Britain's booming digital economy against a backdrop of profound changes to its business. BT Group was founded on March 30, 2001 and is headquartered in London, the United Kingdom. (See Full Profile)
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