08
June
2017
|
10:40
Europe/Amsterdam

BT audit tender outcome

BT today announced that, following conclusion of the formal audit tender process led by the Company's Audit & Risk Committee, the BT Board has approved the proposed appointment of KPMG as auditor.

Following completion of the audit of the BT accounts for the 2017/18 financial year by PwC, KPMG will be appointed as auditor subject to approval by shareholders at the Annual General Meeting in 2018.

BT, KPMG and PwC will commence transition planning immediately to ensure a smooth and effective migration during 2017/18.

-Ends-