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BT
is required under its main licence to publish disaggregated
financial information for various activities of the
group, which have been used as the basis of charges
paid by other telecommunication operators in the UK
for the use of BT’s network. The activities presented
separately in the regulatory financial statements do
not necessarily correspond with any businesses separately
managed, funded or operated within the group. The results
set out in regulatory financial statements for the 2002
and 2001 financial years showed that the group’s
operating profit is derived predominantly from fixed-network
calls.
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