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Share Price Information for BT (BT.A)

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Share Price: 132.75
Bid: 132.70
Ask: 132.75
Change: -0.05 (-0.04%)
Spread: 0.05 (0.038%)
Open: 131.75
High: 132.75
Low: 130.95
Prev. Close: 132.80
BT.A Live PriceLast checked at -

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BT best way to exploit fixed line and mobile tie-up, says Goldman

Wed, 18th Jun 2014 11:51

BT and Virgin Media owner Liberty Global offer investors the best way to cash in on fixed-line telecom companies' assault on the mobile market, according to broker Goldman Sachs.Goldman said fixed-line players such as BT, which plans to launch business and household mobile products later this year, were driving convergence in the market by using their superior assets to enter mobile.BT, which spun off its BT Cellnet mobile business in 2001, plans to use its wi-fi network to develop a mobile service and last year bought a chunk of 4G spectrum suitable for use in buildings.Goldman said using wi-fi is cheaper than setting up an entirely new mobile communications network, while innovation is set to improve wi-fi services.Material opportunityThe US broker also says mergers and acquisitions remain a "material opportunity" for well-placed fixed-line players.French broadband and mobile operator Iliad would benefit materially from any consolidation scenario in France and Telecom Italia (TI) is "the only incumbent that doesn't face a fixed insurgent threat into its mobile market".Goldman is advising investors to buy BT, Liberty, Iliad and TI."We see BT and Liberty as the best ways to play convergence and the mobile opportunity for fixed-only players. Liberty is also a likely consolidation beneficiary," it added.Vulnerable VodafoneGoldman has a 'neutral' rating on Vodafone, which it says is taking the right steps to mitigate the fixed-line threat it faces in several key markets such as Germany and Spain, where it has bought cable operators.It said Vodafone believed the risk posed by fixed-line players planning to use wi-fi for mobile services was overblown because consumers increasingly switch off wi-fi when they shift to better-quality 4G services.As marginal costs for extra radio capacity are low, Vodafone is making its bundles far larger, making buying more data cheaper.But it said the company appeared vulnerable in markets where it lacks fixed infrastructure such as the UK and the Netherlands, which has sparked speculation that it could merge with a company such as BSkyB.Shares in BT rose 1.6p or 0.4% to 384.3p at 11:41 in London, while shares in Vodafone lifted 2.75p or 1.4% to 198p.PW
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24 May 2024 10:26

Berenberg raises target price on BT Group following FY results

(Sharecast News) - Analysts at Berenberg raised their target price on telco giant BT Group from 135.0p to 155.0p on Friday, stating the group was now past the free cashflow trough.

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24 May 2024 09:23

LONDON BROKER RATINGS: HSBC cuts Aviva; Deutsche Bank cuts Ryanair

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

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22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

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22 May 2024 09:51

BT fined by Ofcom for "failing" EE and Plusnet customers

(Alliance News) - BT Group PLC must pay a GBP2.8 million fine after its "unacceptable" failure to provide adequate information to prospective customers, Ofcom announced on Wednesday.

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22 May 2024 07:18

Ofcom fines BT £2.8m for knowingly breaching contract info rules

(Sharecast News) - Ofcom announced on Wednesday that it has fined BT Group £2.8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.

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21 May 2024 10:00

LONDON BROKER RATINGS: UBS lifts Schroders; Barclays likes Wise

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

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20 May 2024 13:16

IN BRIEF: BT Non-Executive Tushar Morzaria buys GBP70,000 in shares

BT Group PLC - London-based telecommunications provider - Non-Executive Director Tushar Morzaria buys 53,270 shares at GBP1.33 each, worth GBP70,849, in London on Monday.

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20 May 2024 10:33

BT delays new digital network switchover timetable

(Alliance News) - BT has significantly delayed its timetable to force all customers on to the new digital network following long-running concerns about vulnerable customers who rely on landline-based personal alarms.

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17 May 2024 15:52

London close: Stocks recoup some earlier losses

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

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17 May 2024 09:06

LONDON BROKER RATINGS: Jefferies says buy Tritax Big Box post merger

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

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16 May 2024 17:33

FTSE 100 ends lower on disappointing corporate updates, BT Group soars

BT Group up after CEO aims for more than double free cash flow

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16 May 2024 16:54

LONDON MARKET CLOSE: Europe struggles but record highs in New York

(Alliance News) - Large-cap European equities closed lower on Thursday, underperforming New York counterparts, which continued to push higher following Wednesday's softer US inflation data.

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16 May 2024 16:53

London close: Stocks mixed as ex-divs drag on FTSE

(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.

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16 May 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 dragged down by Sage Group and easyJet

(Alliance News) - Stock prices in London were lower at midday Thursday, with Wednesday's Wall Street session failing to shine in Europe.

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16 May 2024 09:12

LONDON MARKET OPEN: FTSE 100 in red as easyJet and Sage Group fall

(Alliance News) - Stock prices in London opened lower on Thursday, ignoring the rally over on Wall Street on Wednesday.

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