6/20/2013

BT Group has named Gavin Patterson, the leader of the telecom's Retail operation, to succeed Ian Livingston as the British telecom's chief executive. The announcement was made Wednesday after Livingston accepted a ministry position with the U.K. government. Livingston was held in high regard by investors for his turnaround efforts during a five-year tenure in which he pared costs and invested heavily in high-speed broadband and broadcasting projects. Patterson, 45, steps in as BT works to launch TV sports ventures in an effort to capture customers from rivals BSkyB and Virgin Media.

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