November 30, 2005
BT A DOUBLE WINNER AT THE ANNUAL OStCaRs
BT’s business continuity, security and governance practice is pleased to announce that it has won two awards in the 2005 OStCaRs (Outstanding Service to Compliance and Regulation) run each year by the Compliance Register. Keith Read, BT’s regulatory compliance director, won the individual award for Best Compliance Officer in the telecoms sector, and BT itself took the Best Compliance Award for telecom companies.
The independently judged annual awards were given in recognition of the high standards of BT’s compliance culture, its enlightened attitude to regulation and compliance and its excellent industry reputation.
Keith Read, said: “We are very proud to have won this award. BT is one of the most regulated businesses in the country, and compliance covers almost everything we do. My team have worked extremely hard to ensure good relations with the regulator, create better links across the industry and ensure a strong compliance culture throughout the company. I’m delighted that our efforts have been recognised in this way.”
The Compliance Register is an international organisation for compliance professionals and senior managers working in the financial services industry. It aims to set standards for the education, training and career development of compliance officers.
BT is one of the world’s leading providers of communications solutions serving customers in Europe, the Americas and Asia Pacific. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services.
BT consists principally of three lines of business:
· BT Retail, providing a comprehensive range of communications and related services to more than 20 million UK consumers and businesses.
· BT Wholesale, providing network services and solutions within the UK to more than 600 fixed and mobile operators and service providers including the provision of broadband and private circuits.
· BT Global Services, providing networked IT services to meet the needs of multi-site organisations globally. BT Global Services operates in more than 130 countries and also offers international carrier services.
From January 2006, there will be a fourth business called Openreach. This business will be responsible for the nationwide local BT network which covers the “first mile” of wires that connects homes and businesses across the UK to their service providers. Openreach will provide communications providers with services and products associated with that network.
In the year ended 31 March 2005, BT Group’s turnover was £18,623 million with profit before taxation of £2,354 million.
BT Group plc is listed on stock exchanges in London and New York. British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group.
For more information, visit www.bt.com/aboutbt
A wide selection of BT images is available for download via the image library at www.vismedia.co.uk.
For further information, please contact:
Justine Manche, BT Global Services, Tel: +44 (0) 20 7356 5371 or email: firstname.lastname@example.org
Catherine Eyres, SPARX, Tel: +44 (0) 1753 893000 or email: Catherine@sparxgroup.co.uk
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