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Share Price Information for BT (BT.A)

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Share Price: 103.55
Bid: 103.70
Ask: 103.75
Change: -0.30 (-0.29%)
Spread: 0.05 (0.048%)
Open: 103.40
High: 104.65
Low: 102.80
Prev. Close: 103.85
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BT enters exclusive talks with EE over mobile buy

Mon, 15th Dec 2014 17:12

Telecoms group BT has entered exclusive talks with Deutsche Telekom (DT) and Orange about buying their mobile operation EE for £12.5bn, the company said on Monday.The period of exclusivity will last several weeks, allowing BT to complete its due diligence and for negotiations on a definitive agreement to be concluded, it said in a statement.The news may come as a surprise to some analysts, given that BT had been widely tipped to favour O2 as a potential tie-up partner.But either deal should help BT to achieve its ultimate aim of re-entering the mobile phone market more than a decade after it left it when it hived off its MMO2 business, which was formerly known as BT Cellnet, in 2001.BT said the proposed deal with EE would allow it to speed up its existing mobile strategy combining broadband, wi-fi and 4G."While continuing these exclusive discussions, BT will progress its own plans for providing enhanced fixed-mobile converged services for businesses and consumers, in line with previous announcements. It remains confident of delivering on these plans should a transaction not take place," BT said.The payment for EE would be a combination of cash and new BT ordinary shares issued to both DT and Orange. Following the transaction, DT would hold a 12% stake in BT and would be entitled to appoint one member of the BT Board of Directors. Orange would hold a 4% stake in BT.BT said it expected to make significant savings mainly through network and IT rationalisation, back-office consolidation and savings on procurement, marketing and sales costs.In addition, it expects revenue savings through selling fixed-line services to those EE customers who do not take a service from BT and by accelerating the sale of converged fixed-mobile services to BT's existing consumer and business customers.EE has 24.5m direct mobile customers and reported adjusted pre-tax earnings before interest, depreciation and amortisation of £1.59bn for the 12 months to 30 June.BT's shares closed up 0.6p or 0.15% at 398p in London.
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26 Sep 2023 10:45

BT announces regional rollout plans for digital landline switchover

(Alliance News) - BT Group PLC has confirmed the next phase of its rollout of Digital Voice, its new home phone service to replace existing analogue landlines, with the scheme coming to the North West and London later this year.

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14 Sep 2023 08:25

Smith & Nephew brings BT Chief Financial Officer Simon Lowth to board

(Alliance News) - Smith & Nephew PLC on Thursday announced that BT Group PLC's chief financial officer, Simon Lowth, will join the board as independent non-executive director on January 1.

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6 Sep 2023 15:46

UK dividends calendar - next 7 days

Thursday 7 September 
Admiral Group PLCex-dividend payment date
Alpha Financial Markets Consulting PLCex-dividend payment date
Anglo-Eastern Plantations PLCex-dividend payment date
Assura PLCex-dividend payment date
Athelney Trust PLCex-dividend payment date
Baltic Classifieds Group PLCex-dividend payment date
Blackrock World Mining Trust PLCex-dividend payment date
CLS Holdings PLCex-dividend payment date
CT UK Capital & Income Investment Trust PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Develop North PLCex-dividend payment date
DS Smith PLCex-dividend payment date
Empiric Student Property PLCex-dividend payment date
GlobalData PLCex-dividend payment date
Greggs PLCex-dividend payment date
Harbour Energy PLCex-dividend payment date
Pollen Street PLCex-dividend payment date
Prudential PLCex-dividend payment date
Relx PLCdividend payment date
RM Infrastructure Income PLCex-dividend payment date
Serco Group PLCex-dividend payment date
Severfield PLCex-dividend payment date
VPC Specialty Lending Investments PLCex-dividend payment date
XP Power Ltdex-dividend payment date
Zotefoams PLCex-dividend payment date
Friday 8 September 
abrdn New Dawn Investment Trust PLCdividend payment date
Avon Protection PLCdividend payment date
Berkeley Group Holdings PLCdividend payment date
Chemring Group PLCdividend payment date
Ecofin US Renewables Infrastructure Trust PLCdividend payment date
iomart Group PLCdividend payment date
Keller Group PLCdividend payment date
Lookers PLCdividend payment date
Moneysupermarket.com Group PLCdividend payment date
Nichols PLCdividend payment date
Tritax EuroBox PLCdividend payment date
Tyman PLCdividend payment date
Monday 11 September 
AstraZeneca PLCdividend payment date
Games Workshop Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Residential Secure Income PLCdividend payment date
ThomasLloyd Energy Impact Trust PLCdividend payment date
Tuesday 12 September 
Ashtead Group PLCdividend payment date
Foxtons Group PLCdividend payment date
Lindsell Train Investment Trust PLCdividend payment date
Lloyds Banking Group PLCdividend payment date
LMS Capital PLCdividend payment date
Wednesday 13 September 
BT Group PLCdividend payment date
Franchise Brands PLCdividend payment date
Monks Investment Trust PLCdividend payment date
  
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5 Sep 2023 11:35

BT hangs up on new copper lines on its Openreach UK network

LONDON, Sept 5 (Reuters) - Britain's BT stopped selling new voice copper telephone lines on its Openreach national network after more than a century, marking a milestone in its journey to a full fibre digital network.

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4 Sep 2023 17:04

IN BRIEF: BT to issue EUR850.0 million 4.25% notes due in 2033

BT Group PLC - London-based telecommunications provider - Will issue EUR850.0 million in notes with a 4.25% coupon due January 6, 2033. Says the notes are to be issued as part of its EUR20.00 billion medium-term note programme.

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25 Aug 2023 11:16

Director dealings: BT non-exec, Aquila Services chair buy shares

(Sharecast News) - BT Group was on the list of director purchases on Friday, after a non-executive director picked up almost $0.1m worth of shares.

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25 Aug 2023 11:15

IN BRIEF: BT non-executive director Jones buys USD100,000 in shares

BT Group PLC - London-based telecommunications provider - Non-Executive Director Maggie Chan Jones buys 70,000 shares at USD1.42, worth USD99,400, on Wednesday in New York.

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23 Aug 2023 16:50

Lapsus$ hacker targeted Uber, Revolut, Grand Theft Auto maker, London jury finds

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto.

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23 Aug 2023 13:21

Teen hacked Uber, Revolut and Grand Theft Auto maker, London jury finds

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found to have hacked Uber and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto after a trial at a London court.

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3 Aug 2023 17:06

UK's FTSE 100 slips after dour earnings; BoE hikes rate as expected

BoE hikes by an expected 25-bps

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3 Aug 2023 12:17

LONDON MARKET MIDDAY: Pound under pressure after BoE hike

(Alliance News) - European equities went into Thursday afternoon on the back foot, extending losses suffered on Wednesday following a US credit rating cut from Fitch, while the pound struggled to make headway after the Bank of England raised rates by 25 basis points, as expected.

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31 Jul 2023 17:27

UK's FTSE 100 ends marginally higher, notches monthly gains

Beverages down on Heineken's outlook

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31 Jul 2023 12:06

LONDON MARKET MIDDAY: Europe rises but FTSE 100 underperforms

(Alliance News) - Stock prices in London were lower at midday on Monday, though European peers were on the rise, following favourable eurozone economic data.

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31 Jul 2023 10:59

UK's BT appoints Telia boss Kirkby as new CEO

BT board member Kirkby will take over by early 2024

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31 Jul 2023 08:56

LONDON MARKET OPEN: Stocks down; BT appoints Allison Kirkby as boss

(Alliance News) - Stock prices in London opened lower on Monday, as investors eye some key data from the eurozone due out this morning.

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