Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsBT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsContinued relations with Russia. BT has been forced to continue its relationship with Russia's state-backed telecoms operator despite attempts to join a corporate boycott over the war in Ukraine. The British telecoms giant is understood to have explored whether it could sever ties with Rostelecom as part of backlash over Vladimir Putin's invasion. However, BT has pulled back from taking such action because it would mean people in the UK would no longer be able to make calls to Russia.
March 04, 2022 | BT forced to keep working with Russia's telecoms operator |