BT

Last edited by apocalypticbeef on July 11, 2008 - 3:05pm

Technology & Telecommunications

Company Snapshot:

BT Group Plc is formerly known as "British Telecom" and is the primary phone and Internet provider for the UK.

Ownership status:

Publicly traded

Number of employees worldwide:

104,399

Chief executive officer:

Ben Verwaayen

2008 Global Fortune 500 rank:

166

Website:

http://www.btplc.com/

Corporate accountability

Anti-competitive and consumer protection:

In 2001 the BT Group tried to enforce a patent which it asserted gave it exclusive rights on the use of hyperlink technology on the World Wide Web. Opponents of BT's claim held that the patent had never been valid, due to "prior art" by both Douglas Engelbart and Ted Nelson's Project Xanadu. The U.S. court ruled on August 22, 2002 that the BT patent was not applicable to Web technology.

Financial information

Stock ticker symbol:

LSE: BT.A; NYSE: BT

Total revenue:

19.5 billion GBP

Fiscal year:

2006

Net Income:

£2.6 billion GBP

Fiscal year:

2006

Major lines of business/segments: