BT

BT is one of the world’s leading providers of communications solutions
and services operating in more than 140 Countries. Its principal
activities include networked IT services, local, national and
international telecommunications services, and higher-value broadband
and internet products and services. BT consists principally of four
lines of business: BT Global Services, Openreach, BT Retail and BT
Wholesale.

In the year ended 31 March 2005, BT Group’s revenue was £18,623 million
with profit before taxation of £2,354 million.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT
Group and encompasses virtually all businesses and assets of the BT
Group. BT Group plc is listed on stock exchanges in London and New
York.

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