That news came as BT announced a profit for its full financial year, but its annual revenues are down, and will continue to fall for the next few years. In addition, the carrier noted that the costs associated with the restructuring of its problem child, BT Global Services , will be £55 million (US$81 million) higher than previously expected. (See BT Reports Q4.)
There's a lot to digest, here are the highlights in handy snack form.
— Ray Le Maistre, International Managing Editor, Light Reading