Risk Management for British Telecom
Risk Management
Group Home Assignment
British Telecom
Tutor: Herbert Windsor
Group member: Zhu Dan Chen Yanran Varga Klaudia Fülöp Mészáros
Introduction of British Telecom Organization
BT Group plc (formerly known as British Telecom and still occasionally referred to by that name), is the privatized UK state telecommunications operator. It is the dominant fixed line telecommunications and broadband Internet provider in the United Kingdom. BT operates in more than 170 countries and almost a third of its revenue now comes from its Global Services division. BT Group is the largest communications service provider in the United Kingdom. It is also one of the largest communication companies in the world. The Company is listed on the London Stock Exchange.
Once upon a time, BT Group rivals could have “fit into one of the company 's signature red phone booths”. Though competition has taken a toll, BT Group still wears the crown as the UK 's leading telecommunications carrier. The BT Group offers local and long-distance phone service through nearly 22 million access lines (comprising about 15 million residential and more than 6 million business connections). It also provides Internet access and other data services, with more than 12 million broadband lines in operation. Through its Open reach unit, BT provides local network services. BT Group operates primarily in the UK, but its empire spans 170 countries including key markets in Western Europe and North America.
By 2001, BT faced an embarrass situation that with a debt of £30 billion, much of which was acquired during the bidding round for the 3rd generation mobile telephony (commonly known as 3G) licenses. It had also failed in its series of proposed global mergers, and the funds flowing from its then virtual monopoly of the UK market place had been largely removed. It was also headed by two executives who
Group Home Assignment
British Telecom
Tutor: Herbert Windsor
Group member: Zhu Dan Chen Yanran Varga Klaudia Fülöp Mészáros
Introduction of British Telecom Organization
BT Group plc (formerly known as British Telecom and still occasionally referred to by that name), is the privatized UK state telecommunications operator. It is the dominant fixed line telecommunications and broadband Internet provider in the United Kingdom. BT operates in more than 170 countries and almost a third of its revenue now comes from its Global Services division. BT Group is the largest communications service provider in the United Kingdom. It is also one of the largest communication companies in the world. The Company is listed on the London Stock Exchange.
Once upon a time, BT Group rivals could have “fit into one of the company 's signature red phone booths”. Though competition has taken a toll, BT Group still wears the crown as the UK 's leading telecommunications carrier. The BT Group offers local and long-distance phone service through nearly 22 million access lines (comprising about 15 million residential and more than 6 million business connections). It also provides Internet access and other data services, with more than 12 million broadband lines in operation. Through its Open reach unit, BT provides local network services. BT Group operates primarily in the UK, but its empire spans 170 countries including key markets in Western Europe and North America.
By 2001, BT faced an embarrass situation that with a debt of £30 billion, much of which was acquired during the bidding round for the 3rd generation mobile telephony (commonly known as 3G) licenses. It had also failed in its series of proposed global mergers, and the funds flowing from its then virtual monopoly of the UK market place had been largely removed. It was also headed by two executives who
References: Last accessed at 22nd April http://www.btplc.com BT Group’s Homepage http://news.bbc.co.uk/1/hi/business/1322290.stm http://www.wikipedia.org