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Share Price Information for BT (BT.A)

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Share Price: 134.25
Bid: 133.60
Ask: 133.65
Change: 1.65 (1.24%)
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Open: 132.70
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Low: 132.50
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British network Three joins 5G mobile club

Fri, 14th Feb 2020 00:01

LONDON, Feb 14 (Reuters) - British network Three is rolling
out 5G mobile to major cities including London, Glasgow and
Birmingham from the end of the month, joining its larger rivals
in offering next-generation services on new 5G-enabled handsets.

Three, owned by Hong Kong's Hutchison, launched a
5G home broadband product in central London last year, but Chief
Executive Dave Dyson said he wanted all elements of the network,
including its cutting edge "cloud core", fully functioning
before moving onto mobile.

He said Three's entry into the market coincided with the
launch of a bigger range of compatible handsets, including the
new Samsung Galaxy S20 range unveiled on Tuesday, which would
spark wider interest in ultrafast services.

Apple is set to launch its first 5G iPhones later this year,
industry analysts have predicted. "We are prepped and ready for
that critical inflection point," Dyson said.

The company, unlike rivals like BT's EE, said it
would give customers access to 5G with no speed caps and at no
extra cost on all contract, SIM-only and pay-as-you-go mobile
plans.

The service will initially be available in 25 cities and
towns, building to 80% coverage by the end of 2021, it has said.

Three's spectrum holdings - the airwaves mobile operators
license for their services - historically lagged rivals, but
when it comes to 5G the position is reversed.

Three said it currently holds more 5G spectrum than the rest
of the industry combined and its was the only UK operator with
the 100MHz of 5G spectrum required to meet the International
Telecommunication Union (ITU) standard for a 5G network.

Three has partnered with leading London fashion design
college Central Saint Martins to create what it said would be a
fully immersive 5G catwalk experience later on Friday as part of
London Fashion Week.
(Reporting by Paul Sandle
Editing by Alexandra Hudson)

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27 Nov 2023 14:11

UPDATE: BT, Aurelius don't intend takeover offer for musicMagpie

(Alliance News) - BT Group PLC and Aurelius Investment Advisory Ltd said that they are not intending to make an offer for Stockport, England-based used-technology reseller musicMagpie PLC.

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27 Nov 2023 13:49

BT says not intending takeover offer for musicMagpie

(Alliance News) - BT Group PLC on Monday said that it is not intending to make an offer for Stockport, England-based used-technology reseller musicMagpie PLC.

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27 Nov 2023 13:30

BT Group not planning to make offer for MusicMagpie

(Sharecast News) - BT Group said on Monday that it is not planning to make an offer for MusicMagpie.

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20 Nov 2023 09:31

IN BRIEF: BT and Aurelius in talks to buy used-tech seller musicMagpie

musicMagpie PLC - Stockport, England-based used-technology reseller - Confirms it is in "early stage discussions" with telecommunications provider BT Group PLC and asset manager Aurelius Group for the pair to make a takeover offer for musicMagpie. Talks are "ongoing and remain at a very early stage", musicMagpie says. There is no certainty that an offer will be made, it says, but BT and Aurelius have a deadline of December 18 to announce a firm intention to make an offer or walk away.

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20 Nov 2023 09:00

LONDON MARKET OPEN: Ashtead tumbles on guidance cut; Diploma rises

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20 Nov 2023 07:49

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(Alliance News) - Stocks in London are set to open slightly lower on Monday, as oil prices advance while the dollar falls back.

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(Alliance News) - London's FTSE 100 went into Tuesday afternoon in the red, hurt by a stronger pound, though European peers were in better shape ahead of a key US inflation reading.

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14 Nov 2023 09:15

BT reduces pension funding deficit despite "uncertainty and headwinds"

(Alliance News) - BT Group PLC on Tuesday said it has agreed its triennial pension valuation and deficit recovery plan with its pension scheme, despite the "uncertainty and headwinds" observed since 2020.

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LONDON MARKET CLOSE: Stocks end week mixed on soft US employment data

(Alliance News) - Stock prices in London closed mixed on Friday, as some soft US data seemingly confirmed that the central banks are done with interest rate hikes, at least for now.

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