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BT loses £530m in global services scandal.

Authors :
Burkitt-Gray, Alan
Source :
Global Telecoms Business; 2/13/2017, p8-8, 1p
Publication Year :
2017

Abstract

The article reports on the losses of telecommunications firm BT Global Services due to accounting errors in its Italian operation. Topics discussed include BT European chief executive officer (CEO) Corrado Sciolla expected to resign, the estimated losses of BT following an independent review by KPMG, the errors resulting to an overstatement of earnings in the company's Italian business and suspension of BT Italia CEO Gianluca Cimini and chief operating officer (COO) Stefania Truzzoli.

Details

Language :
English
ISSN :
09697500
Database :
Complementary Index
Journal :
Global Telecoms Business
Publication Type :
Periodical
Accession number :
121280767