11-05-2017 19:33 via uk.finance.yahoo.com

BT to restructure Global Services after 'challenging year'

BT, Britain's biggest telecoms group, said it would shake up its global service division that serves multinationals and scale back its dividend growth ambitions as it recovers from an accounting scandal in Italy and a profit warning.Reporting 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, the company said it had had a "challenging year".It said it would cut 4,000 jobs from its Global Ser
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