BT Group plc (ADR) (NYSE: BT) posted an increase in its net profit for the quarter ended March 31. BT Group's quarterly net profit surged to GBP690 million ($1.05 billion), versus a year-ago profit of GBP566 million.
BT Group plc (ADR) (NYSE:BT) has entered exclusive talks with EE owners, Deutsche Telekom AG (ADR) (OTCMKTS:DTEGY) and Orange SA (ADR) (NYSE:ORAN), to buy the carrier for �12.5 billion ($19.6 billion).
BT Group plc (ADR) (NYSE:BT) was in 9 hedge funds' portfolio at the end of the first quarter of 2013. BT investors should be aware of an increase in support from the world's most elite money managers lately.