BT acquire Square Mile Marina

BT Group PLC 15 January 2008 15 January 2008 BT BUYS SQUARE MILE MARINA WI-FI NETWORK BT has acquired marina Wi-Fi network operator, Square Mile Marina Limited, from Square Mile International Limited for consideration of up to £150,000 in cash, to deliver high speed wireless internet (Wi-Fi) access to 39 coastal and inland marinas in the UK and Jersey. -ends- About BT BT is one of the world's leading providers of communications solutions and services operating in 170 countries. Its principal activities include networked IT services; local, national and international telecommunications services; higher-value broadband and internet products and services and converged fixed/ mobile products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale. In the year ended 31 March 2007, BT Group plc's revenue was £20,223 million with profit before taxation of £2,484 million. British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York. For more information, visit www.bt.com/aboutbt This information is provided by RNS The company news service from the London Stock Exchange

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