Philip Jansen announced his intention to step down as CEO of BT at an appropriate time within the next 12 months.
BT’s board of directors has begun the search for his replacement.
Philip Jansen, Group Chief Executive said: “We’ve made a lot of progress over the last four and half years and I’m proud of what we’ve achieved to date. We’re investing heavily in both BT’s and the UK’s future. We’re building like fury, have now passed over 11m homes with fibre, have got 5G service to 68% of the country and our customer service is much improved. This is creating a much stronger BT Group which is starting to drive growth for both investors and the UK. But there’s a lot more to do and I am fully committed to driving the business forward until I hand over to my successor.”