BT Group PLC (BT.L)
22 Feb 2019
MILAN A preliminary criminal investigation into an accounting scandal at the Italian unit of British telecom firm BT has alleged that three top executives of the group were aware of bookkeeping fraud at the unit, according to a document prepared by Italian prosecutors.
LONDON, Feb 13 Britain's BT declined to comment on allegations made by Italian prosecutors that three former senior executives of the telecoms company were aware of fraud at its Italian unit.
LONDON/MILAN, Feb 5 BT Group may have to cut the price tag of its troubled Italian arm as bidders are mainly interested in parts of the business rather than the whole division, which suffered an accounting scandal in 2017, sources told Reuters.
* Shares reverse falls to trade up 1.5 pct (Adds further comments on legacy, Brexit)
LONDON BT Group's outgoing CEO Gavin Patterson said he was handing over a company with good momentum after it reported third-quarter adjusted revenue and core earnings ahead of market forecasts on Thursday and reiterated its guidance for the year.
LONDON, Jan 31 BT Group's outgoing CEO Gavin Patterson said he was handing over a company with good momentum after it reported third-quarter adjusted revenue and core earnings just ahead of market forecasts on Thursday and reiterated its guidance for the year.
IBM Corp beat Wall Street quarterly earnings estimates and also forecast 2019 profit above expectations on Tuesday, in the latest indication that Chief Executive Officer Ginni Rometty's efforts to turn around the technology services company were gaining traction.
* Red Hat deal getting "overwhelmingly positive" responses from clients
Dec 18 UK's embattled BT Group Plc said on Tuesday it planned to make changes to the way it decides management pay, after its outgoing chief executive officer's bonus was questioned by some of its shareholders.
Dec 18 BT Group Plc said on Tuesday it plans to make changes to the way it decides management pay, after more than a third of the votes cast at its general meeting were against its 2018 annual remuneration report.