BT is one of the world’s
leading providers of communications solutions and services operating in 170
countries.
Our principal activities
include networked IT services; local, national and international
telecommunications services; higher-value broadband and internet products and
services; and converged fixed/mobile products and services.
Our vision is to be
dedicated to helping customers thrive in a changing world.
Our mission is to be the
leader in delivering converged networked services.
Our
performance
Revenue of £20,223 million, up 4%
New wave revenue of £7,374 million, up 17%
Profit before taxation and specific itemsa of £2,495 million, up 15%
Earnings per share before specific itemsa of
22.7 pence, up 16%
Free cash flowa of £1,354 million and net
debta of
£7.9 billion
Full year proposed dividends of 15.1 pence per share, up
27%
£2.5 billion allocated to a new share buy back programme
aProfit before taxation and specific items, earnings per share before
specific items, free cash flow and net debt are non GAAP measures. The directors
believe these measures provide a more meaningful analysis of the trading results
of the group and are consistent with the way financial performance is measured
by management.
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| Key Dates for 2007/08 |
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| Annual
General Meeting |
19
July 2007 |
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| First
quarter results |
26
July 2007 |
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| Second
quarter and half year results |
8
November 2007 |
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| Third
quarter and nine months results |
February
2008 |
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| Fourth
quarter and full year results |
May
2008 |
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| 2008
Annual Report & Form 20-F published |
May
2008 |
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In this Annual Review, references to ‘BT
Group’, ‘BT’, ‘the group’, ‘the company’, ‘we’ or ‘our’ are to BT Group plc
(which includes the activities of British Telecommunications plc) and its
subsidiaries, or any of them as the context may require.
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