BT Group (BT Group) Construction In Progress : $0 Mil (As of Sep. 2023)

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What is BT Group Construction In Progress?

BT Group's quarterly construction in progress increased from Sep. 2022 ($0 Mil) to Mar. 2023 ($1,823 Mil) but then declined from Mar. 2023 ($1,823 Mil) to Sep. 2023 ($0 Mil).

BT Group's annual construction in progress increased from Mar. 2021 ($1,373 Mil) to Mar. 2022 ($1,905 Mil) but then declined from Mar. 2022 ($1,905 Mil) to Mar. 2023 ($1,823 Mil).

BT Group Construction In Progress Historical Data

The historical data trend for BT Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BT Group Construction In Progress Chart

BT Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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1,654.81

1,133.66

1,373.09

1,905.14

1,822.82

BT Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Construction In Progress	Get a 7-Day Free Trial															-	1,905.14	-	1,822.82	-

BT Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

BT Group (BT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BT Group PLC (OTCPK:BTGOF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

BTl:UK BT.A:UK BTQ:Germany

Address

1 Braham Street, London, GBR, E1 8EE

Website

https://www.bt.com

BT Group is the incumbent telecommunications operator in the U.K. It is the owner of Openreach, the largest fixed-line network in the U.K. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the U.K. covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.