Italy, Ofcom and Brexit weigh heavily on BT quarterlies

The dominant UK operator faces significant challenges on many fronts, not helped by dodgy accounting, aggressive regulation and European uncertainty.
Having uncovered some highly creative accounting in its Italian business, BT had already appointed KPMG to investigate just WTF has been going on and they uncovered the greater-than-expected dodginess. BT’s auditors for the past few decades have been PwC and the FT reports that relationship might be over, which is understandable.
According to