‘BT to Spin Off Global Unit as Focus Returns to UK Operations’


'BT to Spin Off Global Unit as Focus Returns to UK Operations’

📅 - BT Group is set to create a new standalone international division as part of a strategic realignment focused on its core UK operations, according to sources familiar with the matter. The move, reported by the Financial Times, would mark a potential shift away from the telecom giant's global business interests, with the company open to either divesting or merging its overseas unit.

The new international division would operate independently from BT Group's UK business, serving clients in more than 180 countries and employing over 8,000 people. Leadership of the new unit will be taken up by Bas Burger, a former executive of BT Business, who is expected to oversee what BT referred to in an [...][... Check source for end of article ...]
Tags: Telecom

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