BT shareholders will remember profit warning for years | Nils Pratley

The global telecoms giant’s Italian unit has blown a hole in this year’s numbers and shredded BT’s reputation for solidityNot every BT shareholder, one suspects, will have been aware the company has a meaningful presence in Italy. But they all know now. A unit that last year contributed only 1% of group profits has blown a hole in this year’s numbers and shredded BT’s reputation for solidity. The BT chief executive, Gavin Patterson, may see bonuses clawed back from