BT is the world's oldest communications company and one of the world's leading communications services companies. It has an extensive global presence and serves customer needs in more than 170 countries.
Agree totally, and I came in this time (with a massive investment in relation to my portfolio size) in the low 330s. Unfortunately I can only see the share price heading south for the time being, but if the company's management group come up with a decent recovery strategy we could see the share price in the 330-340 range by May. The quadruple whammy this year to date has shattered investor confidence for the time being, and a lot of spadework is necessary to turn things around.
I just don't understand why management are handling this latest fine in this manner. If others have been playing games in order to secure compensation, then Ofcom should be aware of this trick. If they have proceeded in a manner which reflects ignorance or disregard for such tactics, then surely management, in the interests of shareholders, should seek judicial review of Ofcom's actions, or am I being naive in some way?
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