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BT Shares Tumble Over Italian Accounting Scandal
- Sky News, Wednesday, January 25, 2017 7 AM
BT's market value has plunged by more than GBP7bn after it issued a profit warning while revising up the impact of an accounting scandal in its Italian business from GBP145m to GBP530m. Shares ended the day almost 21% lower. It represented the steepest one-day decline in the company's stock.
