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Former BT chief executive will join Purple Wifi as non-exec director
The BT Board has commenced their search for a successor to be appointed in the second half of the year
BT have announced plans to cut managerial and back-office positions across its global workforce
Michael Sherman starts in the newly-created role on May 1
Total reported revenue for the business is flat, up one per cent to £5.8 billion
Revenues across the entire BT group remained largely flat at £5.8 billion
The telecoms giant is also cutting 4,000 jobs
The fine follows an investigation by Ofcom into BT’s infrastructure arm Openreach
Both firms will separate this year but BT will continue to set budgets for Openreach BT has agreed to Ofcom’s conditions for a legal separation of it broadband division Openreach this year, after two years of negotiations. The agreement will transform Openreach into a “distinct company” according to Ofcom in a statement, with its own staff, strategy and management “to
The new jobs will be open to apprentices and graduates across areas in cyber security and engineering