Fri, 3rd Aug 2012 11:05 (The following statement was released by the rating agency)
Aug 03 -
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Summary analysis -- BT Group PLC --------------------------- 03-Aug-2012
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CREDIT RATING: BBB/Stable/A-2 Country: United Kingdom
Primary SIC: Communications
services, nec
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Credit Rating History:
Local currency Foreign currency
19-Jul-2011 BBB/A-2 BBB/A-2
17-Feb-2010 BBB-/A-3 BBB-/A-3
31-Mar-2009 BBB/A-2 BBB/A-2
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Rationale
The ratings on U.K. telecommunications provider BT Group PLC (BT) reflect Standard & Poor's Ratings Services' view of the group's 'satisfactory' business risk profile and its 'intermediate' financial risk profile.
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