BT Group PLC logo

BT Group PLC

FRA:BTQ (UK)   Ordinary Shares
€ 1.66 (+1.84%) Jul 15
16.52
P/B:
1.08
Market Cap:
€ 16.17B ($ 17.63B)
Enterprise V:
€ 40.92B ($ 44.61B)
Volume:
6.41K
Avg Vol (2M):
13.12K
Trade In:

Business Description

BT Group PLC logo
BT Group PLC
NAICS : 517110
ISIN : GB0030913577

Share Class Description:

FRA:BTQ: Ordinary Shares
Description
BT Group is the incumbent telecommunications operator in the UK. BT is the owner of Openreach, the largest fixed-line network in the UK. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the UK covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.