BT Group (LSE:BT.A) Construction In Progress : £0 Mil (As of Sep. 2024)

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What is BT Group Construction In Progress?

BT Group's quarterly construction in progress increased from Sep. 2023 (£0 Mil) to Mar. 2024 (£1,535 Mil) but then declined from Mar. 2024 (£1,535 Mil) to Sep. 2024 (£0 Mil).

BT Group's annual construction in progress increased from Mar. 2022 (£1,446 Mil) to Mar. 2023 (£1,502 Mil) and increased from Mar. 2023 (£1,502 Mil) to Mar. 2024 (£1,535 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

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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916.00

990.00

1,446.00

1,502.00

1,535.00

BT Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Construction In Progress	Get a 7-Day Free Trial															-	1,502.00	-	1,535.00	-

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 Business Description

Industry

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

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Traded in Other Exchanges

BTGOF:USA BTl: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 UK. BT is the owner of Openreach, the largest fixed-line network in the UK. 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 UK 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.

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