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British-Telecom Press Releases |
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20th November, 2007
BT partners with Etisalat to expand global financial network to the UAE
BT partners with Etisalat to expand global financial network to the UAE
Partnership will expand Radianz footprint and facilitate 24-hour, worldwide trading environment
Etisalat and BT (British Telecom) today announced the expansion of BT’s financial services capability in the Middle East with the launch of Radianz Services in the United Arab Emirates (UAE) ...
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15th November, 2007
Survey Reveals Unified Communications “Implementation Gap”
Survey Reveals Unified Communications “Implementation Gap”
Executives see benefits of unified communications, cite costs and complexity as barriers to deployment
WASHINGTON, November 15, 2007 –Business executives strongly believe that unified communications technology can help global enterprises address challenges they face ...
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15th November, 2007
BT HP Alliance strikes oil with Aibel
BT HP Alliance strikes oil with Aibel
International oil services company, Aibel Group, has agreed to outsource its global information and communications technology (ICT) infrastructure to the BT HP Alliance in a contract worth an initial 335 million NOK over five years.
The announcement represents BT’s latest major networked IT services contract in the oil and gas industry and strengthens BT and HP’s Nordics IT services businesses ...
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14th November, 2007
Mitsui & Co. energy selects BT to launch new Singapore trading floor
Mitsui & Co. energy selects BT to launch new Singapore trading floor
BT, a leading provider of converged communications, announced today that it has signed an agreement with Mitsui & Co. Energy Risk Management Limited to develop their trading technology infrastructure ...
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14th November, 2007
BT and Swisscom redefine their partnership
BT and Swisscom redefine their partnership
Swisscom and BT are set to redefine their partnership to better respond to the future needs of their customers. Those who stand to benefit most from the move are companies in Switzerland requiring global ICT solutions and services ...
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13th November, 2007
BT launches body worn video solution to help Police Forces detect and combat crime
BT launches body worn video solution to help Police Forces detect and combat crime
BT has announced the launch of BT Body Worn Video - a solution designed to help detect and record crime, and improve police operational efficiency by capturing compelling evidence without impeding an officers’ day to day activities.
The launch follows the announcement in July 2007 by police minister Tony McNulty of £3m funding to enable police forces to take advantage of the benefits of body worn video cameras ...
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12th November, 2007
BT Vision gives customers more than a game
BT Vision gives customers more than a game
BT Vision announced today that it will be bringing a major documentary series on World Cup football to customers of BT’s next-generation TV service, thanks to its ongoing relationship with BBC Worldwide.Created by BBC Worldwide and developed in association with FIFA, More Than A Game presents 76 years of World Cup football, tracing the emergence of each of the Superpowers of the game ...
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9th November, 2007
BT announces board changes
BT announces board changes
BT today announced that Baroness Jay and John Nelson will be retiring as non-executive directors. This will be with effect from 13 January 2008, when both will have served two terms of three years ...
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9th November, 2007
BT appoints Jie Zhang as Head of its China research centre
BT appoints Jie Zhang as Head of its China research centre
BT today announced the appointment of Jie Zhang as the head of its research centre in Shanghai, effective from the 12th November. Jie will be part of the global research team led by Mike Carr, BT’s chief science officer, and will head up an initial team of two - Kennedy Cheng and Jie Zhu.BT's centre in Shanghai will work closely with the BT China team to assist customers and partners in China in harnessing technological innovations and taking on challenges ...
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8th November, 2007
Second quarter and half year results to September 30, 2007
Second quarter and half year results to September 30, 2007
SECOND QUARTER HIGHLIGHTS
Revenue of £5,095 million, up 3 per cent
New wave revenue of £1,914 million, up 10 per cent
EBITDA before specific items1 and leaver costs of £1,448 million, up 2 per cent
Net specific items charge before taxation of £182 million, principally relating to the group’s transformation programme
Earnings per share before specific items1 and leaver costs of 6.1 pence, up 2 per cent
Continued strong broadband net additions2 of 479,000 of which BT's retail share was 37 per cent
HALF YEAR HIGHLIGHTS
Revenue of £10,128 million, up 3 per cent
New wave revenue of £3,729 million, up 10 per cent
EBITDA before specific items1 of £2,822 million, up 3 per cent
Earnings per share before specific items1 of 11.7 pence, up 4 per cent
Interim dividend of 5.4 pence per share, up 6 per cent
Broadband end users2 of 11.7 million at September 30, 2007 of which BT Retail now has over 4 million customers
The income statement, cash flow statement and balance sheet from which this information is extracted are set out in the attachments.
Chief Executive’s statement
Ben Verwaayen, Chief Executive, commenting on the second quarter’s results, said:
“This is another solid set of results with revenue, EBITDA1 and earnings per share1 all continuing to grow ...
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