The telecoms group described the year as "challenging" as it reported fourth-quarter revenue of 6.12 billion pounds, up 10 percent, and adjusted earnings of 2.07 billion pounds, up 2 percent and broadly in line with forecasts.
Financially it has been a challenging year for BT, in addition to the Italian business write-down, it has faced regulatory costs for the year of £479m, including the Ethernet issues. and integration costs of EE were £215m for the year. BT's new vision is to create a "more focused" digital business by taking advantage of cloud services to reduce its footprint of physical assets scattered around the globe. The turnaround will be overseen by Bas Burger, who will begin as the division's CEO in June following the departure of Luis Alvarez.
The committee had made "a number of hard decisions this year in light of these circumstances and exercised its discretion accordingly", Ball said.
Full-year revenue up 24 per cent to £24.1bn, mainly as a result of the contribution of EE and foreign exchange.
The positions will be cut across three divisions, which comprise global services, group functions, and technology, services and operations, BT said in its annual results statement. There had been speculation that it might be sold off, though BT had said it wanted to try to turn it around before considering a sale.
The U.K. -based telecommunications and TV provider said the job cuts come as it accelerates cost cuts in areas including global services, which provides communications services to businesses around the world.
The group's figures were hit by a £342 million Ofcom fine and related compensation payments. "We've faced headwinds in the United Kingdom public sector and worldwide corporate markets and must learn from what we found in our Italian business".
Shares fell 1.47% to 307.30p in early trading.
BT's PBT was 19% lower than in the previous year, with basic earnings per share down 33% at 19.2p.
"We anticipate these transformation programmes will save in total around £300m over two years, with a restructuring charge of around £300m over the next two years, with most of this being incurred in 2017/18", the company said.
Now the hunt is on to cast the remaining teenagers, which includes Moonstar, Sunspot, Mirage, Warlock, and Cannonball. Taylor-Joy, meanwhile, was very optimistic about taking on the Magik role in conversation with CS earlier this year.
Students of the Handwara Degree College marched towards the market square after hoisting the Pakistani flag, police said. The students peacefully protested within the school premises amidst chanting of pro-freedom and anti-India slogans.
After murdering them, the attacker Bampumim Teixeira tried to fire at the police, who missed the shots and fired back at him. Richard Field , 49, was a career anesthesiologist and doctor at North Shore Pain Management , housed at 900 Cummings Center.
He will attend previously scheduled engagements until August , and would not accept any new invitations thereafter. Prince Philip , or the Duke of Edinburgh , is as synonymous with British royalty as Queen Elizabeth herself.
Oubre's incident with Olynyk came after Washington's Ian Mahinmi got into a brief scuffle with Jonas Jerebko of the Celtics. In Game 4, the Wizards won, and we heard "Free Nene" chants before it was said and done.
Arguments over the final arrangements threatened to mar the proceedings, and needed intervention by State Health Minister Dr. Despite the relative success of the surgery, orthopedic specialists have said that Abd El Aty would never walk again.
Of them, 112 are gang affiliates, meaning that ICE had verifiable information that the person was associated with a gang. In the Houston region, 207 people were arrested - the highest number of any region in the nation, officials said.
Coaches won't be showing up to schools of completely committed players trying to sway them since they'll already be signed. The new early signing period in December is a significant change in the football recruiting process.
From 81 for 2, after Porterfield had chosen to bat first, Ireland lost 8 for 45 to be bundled out with 17 overs unused. The last two - Niall O'Brien and Tim Murtagh - wrapped up the innings and made this match a virtual no-contest.
The woman, who appeared frail and was walking her two small dogs, approached the kids and told them to turn their music down. The 68-year-old had also recently undergone hip surgery before she was thrown in the pool, reports NBC Miami .
COPYRIGHT VIOLATION NOTICE: This piece was originally published by Markets Daily and is the property of of Markets Daily. Teachers Retirement Systems Of The State Of Kentucky has invested 0.01% in Chesapeake Energy Corporation (NYSE: CHK ).
With these changes also comes an updated UI, which now houses all of its so-called "creative tools " on the right side of the app. However, after they've finished viewing it and tap to close it, the snap is going to be deleted automatically.
Raeysha Surendran had an eagle-two on the par-4 11th hole and posted a 78 to share 61st place with teammate Holmslykke. No. 9 Texas Tech holds third place at 296 (+8), and No.1 UCLA and No. 7 BYU are tied for fourth place at 297 (+9).
The 6-foot-3, 225-pound Gordon had 87 catches for a league-leading 1,646 yards in 2013, his second year in the league. Our decision with Josh is just understanding where he is in this process and being able to have him.
Trump said he changed his mind after Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau called him. But some Mexican officials say they now believe Trump's strong stand on trade is akin to a player bluffing in a poker game.
One grand prize victor will receive $500,000 and a trip to the Oreo Wonder Vault , where the brand concocts its cookie flavors. New Firework Oreos are out there in some stores, embedded with a Pop Rocks-like candy that crackles and pops in your mouth.
Perhaps the biggest differentiator between the Echo and Invoke is Harmon Kardon's work with speakers and other audio technology. Like those speakers, Invoke will let people use their voices to cue it to play music, read the news, and schedule reminders.
The 42-year-old Kansas native, the first Jewish man on the Minnesota Supreme Court, and his wife, Heather, have two children. Three other nominees are expected to be appointed to the federal appeals courts, including Amy Coney Barrett , John K.
The condition of the eight injured people is not yet known, but they have been hospitalised for treatment. Two people are dead and eight others hurt after suspects opened fire at a memorial for another shooting.
Supreme Court and been approved there. "With this bill we are doing away with those that seek to promote lawlessness in Texas". Republicans want local police to help federal immigration agents crack down on criminal suspects in the USA illegally.
Trump has at various times said he would lead or play a key role in many policy areas from foreign affairs to business innovation. Meyer told more than 100 investors at Beijing's Ritz-Carlton Hotel that her brother was the company's former chief executive.
Miley has rebounded with the Orioles to start the 2017 season, having posted a 2.32 ERA through his first 5 starts. NOTES: The Orioles placed LHP Zach Britton (left forearm strain) back on the disabled list (retroactive to May 5).