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BT Group PLC (BT.L)

BT.L on London Stock Exchange

225.25GBp
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-2.40 (-1.05%)
Prev Close
227.65
Open
227.35
Day's High
227.60
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224.10
Volume
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20,229,442
52-wk High
268.60
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194.74

Latest Key Developments (Source: Significant Developments)

OFCOM Plans To Promote Competition & Investment For Superfast Networks
Friday, 29 Mar 2019 

March 29 (Reuters) - BT Group PLC ::OFCOM'S PLANS TO PROMOTE COMPETITION & INVESTMENT.UK'S OFCOM - SET OUT HOW REGULATION COULD EVOLVE TO SUPPORT COMPETITION & FURTHER INVESTMENT FROM NEW ALTERNATIVE NETWORKS, OPENREACH & VIRGIN MEDIA.UK'S OFCOM- TO SUPPORT NETWORK COMPETITION, INVESTMENT IN MORE URBAN AREAS, PROPOSE SETTING REGULATED PRICES ONLY FOR ENTRY-LEVEL SUPERFAST SERVICES.UK'S OFCOM - PROPOSE TAKING DIFFERENT REGULATORY APPROACHES IN DIFFERENT PARTS OF COUNTRY, DEPENDING ON INTENSITY OF NETWORK COMPETITION.UK'S OFCOM- PROPOSE ALLOWING OPERATORS INCLUDING OPENREACH FREEDOM TO SET PRICES FOR HIGHER SPEED, HIGHER-QUALITY FIBRE-BASED SERVICES.OFCOM- PROPOSE MAINTAINING STABLE PRICES FOR OPENREACH'S ENTRY-LEVEL SUPERFAST BROADBAND, HIGH-CAPACITY LEASED LINES BASED ON COSTS FOR NEW ENTRANTS.  Full Article

Ofcom Sets Annual Licence Fees For Mobile Operators For 900, 1800 MHz Spectrum
Monday, 17 Dec 2018 

Dec 17 (Reuters) - UK's Ofcom::SET ANNUAL LICENCE FEES THAT MOBILE OPERATORS WILL PAY FOR 900 AND 1800 MHZ SPECTRUM, FROM 31 JANUARY 2019.CONSULTING ON LEVEL OF ANNUAL LICENCE FEES THAT SHOULD APPLY FOR 40 MHZ OF SPECTRUM IN 3.4 GHZ BAND, AND 80 MHZ IN 3.6 GHZ BAND.ANNUAL LICENCE FEES WILL BE £1.093M PER MHZ OF 900 MHZ SPECTRUM & £0.805M PER MHZ OF 1800 MHZ SPECTRUM.CONSULTING ON LEVEL OF ANNUAL LICENCE FEES THAT SHOULD APPLY FOR SOME LICENSES TO UK BROADBAND, WHICH IS OWNED BY HUTCHISON 3G UK LIMITED.PROPOSED THAT FEES FOR BOTH 3.4 GHZ AND 3.6 GHZ SPECTRUM WOULD BE £0.358M PER MHZ.PROPOSE TO APPLY FEES FOR 3.4 GHZ SPECTRUM AS SOON AS POSSIBLE, PHASE-IN INCREASE IN FEES FOR 3.6 GHZ SPECTRUM OVER PERIOD TO MID-2020.  Full Article

BT Group Secures Northern Ireland Public Sector Shared Network Contract
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - BT Group PLC ::BT SECURES NORTHERN IRELAND PUBLIC SECTOR SHARED NETWORK (NI PSSN) CONTRACT.AWARDED MULTI-MILLION POUND 9 YEAR CONTRACT BY THE DEPARTMENT OF FINANCE (DOF).CONTRACT WHICH IS VALUED AT ABOUT £50M OVER 9 YEARS, COULD GROW TO MAX OF £400M.  Full Article

BT Signs Contract To Deploy Network Technology For IXOM
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - BT Group PLC ::SIGNED CONTRACT TO DEPLOY NEW GENERATION OF NETWORK TECHNOLOGY FOR IXOM.  Full Article

BT To Strip Huawei Equipment From Its Core 4G Network - FT
Wednesday, 5 Dec 2018 

Dec 4 (Reuters) - :BT TO STRIP HUAWEI EQUIPMENT FROM ITS CORE 4G NETWORK - FT.BT HAS EXCLUDED HUAWEI FROM BIDDING FOR CONTRACTS TO SUPPLY EQUIPMENT FOR USE IN ITS CORE 5G NETWORK - FT.  Full Article

Ofcom Fines EE And Virgin Media For Overcharging Some Customers
Friday, 16 Nov 2018 

Nov 16 (Reuters) - :OFCOM SAYS EE AND VIRGIN MEDIA FINED FOR OVERCHARGING.OFCOM - FINES EE £6.3M AND VIRGIN MEDIA £7M FOR BREAKING CONSUMER PROTECTION RULES.16-Nov-2018 02:03:01 AM - OFCOM SAYS EE AND VIRGIN MEDIA LEVIED EXCESSIVE CHARGES TO CUSTOMERS WHO ENDED THEIR CONTRACTS EARLY.16-Nov-2018 02:04:36 AM - OFCOM - OVER 6-YR PERIOD, TERMS APPLYING TO EE'S 'DISCOUNT CONTRACTS' DIDN'T SET OUT CHARGES CUSTOMERS WOULD PAY IF THEY ENDED CONTRACTS EARLY.16-Nov-2018 02:04:58 AM - OFCOM - FOUND UP TO 15 MLN DISCOUNT CONTRACTS FOR EE'S MOBILE, LANDLINE AND BROADBAND CUSTOMERS REQUIRED THEM TO PAY EXCESSIVE EARLY EXIT CHARGES.16-Nov-2018 02:05:27 AM - OFCOM - FOR ALMOST A YEAR, VIRGIN MEDIA LEVIED EARLY-EXIT CHARGES HIGHER THAN CUSTOMERS HAD AGREED TO WHEN SIGNING UP TO THEIR RESIDENTIAL CONTRACTS.16-Nov-2018 02:06:05 AM - OFCOM - VIRGIN MEDIA OVERCHARGED ALMOST 82,000 CUSTOMERS WHO LEFT THEIR CONTRACTS EARLY, BY TOTAL OF JUST UNDER £2.8M - AN AVERAGE OF £34 PER PERSON.  Full Article

BT says no major shareholder pressing for Openreach divestment
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - BT Group PLC ::CEO SAYS WILL HAND OVER A BUSINESS BASED ON SOLID FOUNDATIONS.CEO SAYS LONDON HQ IS NOW ON THE MARKET.CEO SAYS OPENREACH PRICE DISCOUNTS RESULTED IN A RISE IN INTENSITY IN COMPETITION BUT WITHIN ITS PLANNED PARAMETERS.CEO SAYS PLEASED WITH PROGRESS SO FAR, DETERMINED TO HAND OVER BUSINESS WITH MOMENTUM.CEO SAYS NO FIRE SALE IN GLOBAL SERVICES, BUT BUSINESS NEEDS TO BE SIMPLIFIED.CEO SAYS OPENREACH IS BETTER MANAGED FOR ALL STAKEHOLDERS AS PART OF THE BT GROUP.CEO SAYS NO MAJOR SHAREHOLDER IS PRESSING US TO SEPARATE OPENREACH FROM THE BUSINESS.  Full Article

BT, Sky Extend Partnership In UK And Ireland
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - BT Group PLC ::SKY AND BT EXTEND PARTNERSHIP IN UK AND IRELAND.BT AND SKY EXTEND AND EXPAND THEIR OVERALL PARTNERSHIP FOR CROSS-SUPPLY OF CONTENT.BT AND SKY ANNOUNCE A NEW AND EXCLUSIVE SPORTS RIGHTS PARTNERSHIP IN IRELAND.CO, SKY ANNOUNCED LONG TERM EXTENSION AND EXPANSION TO OVERALL CONTENT CROSS-SUPPLY DEAL PREVIOUSLY ANNOUNCED IN UK IN DECEMBER.AS PART OF THE NEW ARRANGEMENT, SKY WILL BECOME BT’S EXCLUSIVE DISTRIBUTION PARTNER IN IRELAND.  Full Article

BT Security Head Mark Hughes Quits After 16 Years- FT
Monday, 29 Oct 2018 

Oct 29 (Reuters) - :BT SECURITY HEAD MARK HUGHES QUITS AFTER 16 YEARS- FT.  Full Article

BT Group Appoints Matthew Key Non-Executive Director
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - BT Group PLC ::MATTHEW KEY TO JOIN BT BOARD.MATTHEW KEY IS TO JOIN BT BOARD AS A NON-EXECUTIVE DIRECTOR.HIS APPOINTMENT TAKES IMMEDIATE EFFECT.  Full Article

British pension fund USSL to buy telecom co KCOM for 504 million pounds

British pension fund Universities Superannuation Scheme Ltd (USSL) said its Humber Bidco unit would buy telecommunication company KCOM for 504 million pounds ($651.42 million), sending KCOM shares soaring more than 30 percent.