1. Summary
This report defines the activities of BT Group (British Telecom), including financial performance, i.e. statistics and balance sheets of the past five years. Showing considerable amount of evidence on how BT Group has evolved since its beginning.
Furthermore it includes an overview of how BT Group is structured in its various departments and the people involved in these departments. Before any of the previous information can be identified it is important that an understanding is gained of the history and activities of British Telecom from the beginning to its current position in the market.
1. Introduction
BT Group (British Telecom)
British Telecom, more recently known as BT Group plc (BT), is the dominant telecommunication provider in the United Kingdom and is alongside the biggest giants in Europe.
BT owns and operates a wide range of developments in the UK such as telephone exchanges, trunk networks and the local loop connections for a large amount of British fixed-line telephones. Currently BT is responsible for approximately 25 million telephone lines in the U.K. Although its primary focus is this country, BT still has services that reach worldwide clients and ventures that go as far as locations in Japan, Hong Kong, India, Latin America, Malaysia, New Zealand and Singapore.
Fundamentals of British Telecom include the satisfaction of customers, financial discipline, and furthermore diverse skilled and motivated people working within the company itself.
2.1 Timeline of British Telecom:
There was a significant period before BT was first established as a leading telecommunications company. The following timeline has a short description of the activities that took place in the years lead...
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.... [Accessed 1st November 2004]. Available from World Wide Web: http://www.btplc.com/Thegroup/Companyprofile/InvestorInsight.pdf
BT GROUP. (2004) Shares and performance. [Online]. [Accessed 1st November 2004].
Available from World Wide Web: http://www.btplc.com/Sharesandperformance/Shareinformation/Sharepricegraphs/Exceldownload/excel.CFM
Newspaper.
The financial Times.
News on Sunday (Mauritius Newspaper)
Book.
The Accounting Framework in Practice by Mike Harvey & Fred Keer (2nd edition, 1985, CAET)
Electronic Book.
BT 2004 Annual Report.
BT Group Investor Insight.
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Romney, Marshal, and Paul Steinbart. Accounting Information Systmes. 10th ed. Upper Saddle River: Pearson Education, 2006. 193-195.
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