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BT / BT to save £100mln through merger of Global and Enterprise units

BT to save £100mln through merger of Global and Enterprise units
BT Group PLC (LSE:BT.A) is to combine its Global and Enterprise units into a single B2B unit, called BT Business in a move that will drive cost savings of at least £100mln by the end of fiscal year 2025. BT Business will create a B2B focused telecoms and technology business which in 2022 generated pro-forma revenues of approximately £8.5bn and EBITDA of over £2bn, the company said in a statement. Read More
Posted: Dec 16 2022, 02:39
Author Name: Proactive Investors
Views: 110897

BT News  

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