SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

Date of Announcement: 2914 ~~June~~July 2020

BT Group plc

(Translation of registrant's name into English)

BT Group plc

81 Newgate Street

London

EC1A 7AJ

England

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F..X... Form 40-F

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No ..X..

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

2914 ~~June~~July 2020

BT's ~~PROVIDES~~initial ~~UPDATED~~assessment ~~PRO~~of ~~FORMA~~revised ~~KPI~~policy ~~DISCLOSURES~~on ~~FOR~~Huawei ~~ENTERPRISE~~in ~~AND~~5G ~~OPENREACH~~networks

● In January, the Department for Digital, Culture, Media & Sport ("DCMS") proposed restrictions on the use of Huawei equipment in 5G and FTTP networks.

~~Historical~~ Today ~~pro~~they ~~forma~~have ~~financial~~announced ~~and~~a ~~operational~~revised ~~key~~set ~~performance indicators~~of ~~(KPIs)~~proposals ~~for~~to ~~2018/19~~remove Huawei ~~and~~equipment ~~2019/20~~from ~~published~~5G communication networks in athe ~~new~~UK by the ~~reporting~~end ~~structure~~of ~~which~~2027, ~~will~~and ~~apply~~consult ~~from~~on Q1the ~~2020/21~~future use of Huawei in FTTP networks.

● In light of this, BT Group plc ("BT") announces its initial assessment of the financial impact of these revised proposals.

~~Updated~~ BT ~~pro~~currently ~~forma~~estimates ~~information~~that ~~reflects~~full ~~the~~compliance ~~reorganisation~~with ofthese revised ~~Ventures~~proposals would require additional activity, both in ~~Enterprise~~removing and replacing ~~additional~~Huawei ~~disclosure~~equipment from BT's existing mobile network, and in excluding Huawei from the 5G network that BT continues to build. However, now we have clarity on the timing, it is estimated that these costs can be absorbed within BT's initial estimated implementation cost of ~~Single~~£500m, ~~Order~~as announced by BT on 30 January ~~products~~2020 in ~~Openreach~~order to comply with the previous proposal by the National Cyber Security Centre.

● We will continue to work with relevant authorities as they consult on the future procurement strategy for fixed networks.

~~Updated~~ Commenting ~~pro~~on ~~forma KPIs support BT~~today's ~~continued~~announcement, ~~efforts~~Philip toJansen, ~~simplify disclosures~~Chief ~~and support improved understanding of Group~~Executive, ~~performance~~said

● "The security of our networks is an absolute priority for BT. Clearly this decision has logistical and cost implications for communications providers in the UK market - however, we believe the timescales outlined will allow us to make these changes without impacting on the coverage or resilience of our existing networks. It will also allow us to continue to rollout our 5G and full fibre networks without a significant impact on the timescales we've previously announced. Whilst we have provided our initial view on the estimated impact today, we will continue to evaluate the details of this decision thoroughly."

~~BT's reported Group financials are unchanged~~ ENDS

~~Reorganisation of Ventures in Enterprise~~Enquiries

Following the divestment of Tikit Ltd in Q4 2019/20, together with the sale of BT Fleet Ltd in Q2 2019/20, the remaining Ventures businesses have been reorganised from Q1 2020/21 to reflect the renewed focus in Enterprise on delivering the best fixed and mobile network services in the UK and to simplify the business. BT will no longer retain a separate Ventures unit within Enterprise.

Press office:

Tom Engel	Tel: +44 7947 711 959
Richard Farnsworth	Tel: +44 7734 776 317

Investor relations:
Mark Lidiard	Tel: 020 7356 4909

The remaining Ventures businesses, which include Redcare, Phone Book, StreetHub and Payphones, have been retained within Enterprise and will be reported in 'Other' revenue. A single EBITDA figure will be reported for Enterprise with the contribution from Ventures businesses no longer separately disclosed.

Supply Chain and Pelipod, which serve several parts of BT, have been transferred to the central Procurement team and as a result will now be reported in Group 'Other' financial and operational KPIs. As a Group function, internal revenues generated by Supply Chain and Pelipod are now accounted for as cost recoveries, rather than internal revenue leading to lower Enterprise internal revenue and Group eliminations as a result of this transfer.

The updated pro forma does not reflect adjustments for Tikit Ltd, BT Fleet Ltd or any Global divestments. These will have a negative impact on year on year comparator figures.

Increased disclosure of Single Order access products in Openreach

As part of BT's plans to switch off the decades-old, analogue Public Switched Telephony Network (PSTN) network in 2025 in order to move to digital All-IP networks, Openreach introduced a range of 'Single Order' access products. These are essentially bridging products to enable All-IP on the existing copper and Fibre to the Cabinet (FTTC) networks before customers move to the Fibre to the Premises (FTTP) network which is natively All-IP.

Types of Single Order product:

●

Single Order Transitional Access Product (SOTAP) delivers a copper path between the end customer's premises and the communication providers' (CPs') exchange infrastructure, over which the CP can provide copper broadband and IP voice services. It can be used for end customers in areas with no FTTC or FTTP availability.

●

Single Order Generic Ethernet Access FTTC (SOGEA) offers similar connectivity to FTTC without the need for an underlying copper voice product such as Wholesale Line Rental (WLR) or Local Loop Unbundling (LLU). Instead, the IP voice service is carried over the fibre to the cabinet (and copper from the cabinet to premises), along with the data. Both SOGEA FTTC and FTTC offer superfast broadband speeds.

●

Single Order GEA Gfast (SOGfast) is the Gfast equivalent of SOGEA, again removing the need for an underlying copper voice product. Both SOGfast and Gfast offer ultrafast broadband speeds.

Single Order product revenues and volumes have previously been disclosed within Openreach's 'Other' revenue. As take-up grows and Single Order products contribute more materially to Openreach's financial performance, replacing the role of FTTC, Gfast, WLR and LLU, the updated revenue and volume disclosures will support improved understanding of Openreach.

Openreach has also made minor changes to the classification of previously reported product revenue to improve consistency of reporting, including moving certain chargeable repair revenue from 'LLU' revenue to 'Other' revenue, and moving revenue generated by FTTC, FTTP and Ethernet ancillary products from 'Other' revenue into the appropriate product revenue lines.

Accompanying documents

To make it easy to understand these changes BT has also published three additional documents:

●

Document A: Pro forma KPIs for BT reflecting the impact of the changes made in Enterprise and Openreach.

o Changes from the previously reported KPIs which are explained in the accompanying 'Document B: Pro forma KPIs supporting information' have been highlighted in purple.

o Changes from the previously reported KPIs which are not explained in the accompanying 'Document B: Pro forma KPIs supporting information' have been highlighted in pink.

●

Document B: Pro forma KPIs supporting information - a document that provides a bridge for the financial KPIs from BT's previously reported KPIs to Document A

●

Document C: Openreach Single Order products supporting information - a document explaining Single Order products

These documents are provided on BT's website: Results, events and financial calendar

Pro forma KPIs are unaudited and provide an indicative history of the company's performance.

For further information:

Enquiries about this news release should be made to the BT Group Investor Relations team here or ir@bt.com. All news releases can be accessed on BT's website and you can follow BT on Twitter here.

Ends

About BT

BT's ~~purpose~~Group is ~~to use~~ the ~~power~~UK's ofleading ~~communications~~telecommunications toand ~~make a better~~network ~~world.~~provider Itand isa ~~one of the world's~~ leading ~~providers~~provider of global communications ~~services~~ services and solutions, serving customers in 180 countries. Its ~~principal~~ principal activities in the UK include the provision of ~~networked~~fixed ITvoice, ~~services~~mobile, ~~globally;~~broadband ~~local,~~and ~~national~~TV (including Sport) and ~~international~~a ~~telecommunications~~range of products and services toover ~~its~~converged ~~customers~~fixed ~~for~~and ~~use~~mobile atnetworks ~~home~~to consumer, business atand ~~work~~public ~~and~~sector oncustomers. ~~the~~For ~~move; broadband~~its global customers, TVBT provides ~~and~~managed ~~internet~~services, ~~products~~security and ~~services;~~network and ~~converged~~IT ~~fixed-mobile~~infrastructure ~~products~~services ~~and~~to ~~services~~support their operations all over the world. BT consists of four customer-facing units: Consumer, Enterprise, Global and its wholly-owned subsidiary, Openreach, which provides access network services to over 650 communications provider customers who sell phone, broadband and Ethernet services to homes and businesses across the UK.

For the year ended 31 March 2020, BT Group's reported revenue was £22,905m with reported profit before taxation of £2,353m.

British Telecommunications plc ~~(BT)~~ is a wholly-owned subsidiary of BT BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London ~~stock~~Stock ~~exchange~~Exchange.

For more information, visit www.~~btplc~~bt.com/about

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BT Group plc

(Registrant)

By: /s/ Rachel Canham, Company Secretary

--------------------

Rachel Canham, Company Secretary.

Date 2914 ~~June~~July 2020

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