Regulatory Briefings
28 Jul 2008
Publication of the 2007/08 Regulatory Financial Statements
BT today confirms that it will publish its regulatory financial statements for the financial year 2007/08 in the Autumn. Following an internal review, BT believes it is necessary to revise the methodology it uses for estimating turnover for partial private circuits within these statements. Any revisions made in this area will not impact on the BT Group’s statutory financial results. Should this timetable impact the setting of any price controls for partial private circuits and wholesale Ethernet products, BT accepts that such controls would have effect from 1 October, retrospectively.
more Regulatory Briefings
- UPDATED 28/07/2008Publication of the 2007/08 Regulatory Financial Statements
BT today confirms that it will publish its regulatory financial statements for the financial year 2007/08 in the Autumn. Following an internal review, BT believes it is necessary to revise the methodology it uses for estimating turnover for partial private circuits within these statements. Any revisions made in this area will not impact on the BT Group’s statutory financial results. Should this timetable impact the setting of any price controls for partial private circuits and wholesale Ethernet products, BT accepts that such controls would have effect from 1 October, retrospectively.
