BT Group plc's Strategic Move

In a bold strategic move, BT Group plc is set to make its international business a standalone unit, as reported by the Financial Times. This decision underscores the company's shift towards focusing more intently on its UK operations.

Details of the Separation

The newly independent unit, boasting over 8,000 employees, will begin reporting its financials separately from BT's UK operations. This separation paves the way for potential future mergers or sales, highlighting BT's flexible approach to its international ventures.

Leadership and Future Prospects

Under the leadership of Bas Burger, former BT Business chief, the international unit is poised for a new chapter. BT's CEO, Allison Kirkby, emphasized in an internal memo that this strategic separation offers BT the best chance of success in a competitive landscape where rivals are gaining strength.