Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments

BT 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 Investments
Glob.Revenue, mln.USD
25713
The Company Statement
October 05, 2023

Continued 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, 2022BT forced to keep working with Russia's telecoms operator
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
Scanner