We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBT Share News (BT.A)

Share Price Information for BT (BT.A)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 105.10
Bid: 105.10
Ask: 105.20
Change: 1.55 (1.50%)
Spread: 0.10 (0.095%)
Open: 104.15
High: 105.35
Low: 103.60
Prev. Close: 103.55
BT.A Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Government, Operators Agree Investment Deal For UK Network

Mon, 09th Mar 2020 15:36

(Alliance News) - The UK's four largest mobile networks have agreed a deal with the government to invest in new and existing phone masts to improve coverage in rural areas.

The Shared Rural Network will see EE, O2, Three and Vodafone Group PLC work together to end poor mobile phone coverage.

The four networks will invest in new and existing phone masts, overseen by a jointly owned company called Digital Mobile Spectrum Limited, which they would all share.

The GBP1 billion deal is set to bring guaranteed coverage to 280,000 premises and 9,942 miles of roads.

The investment will also lead to indirect improvements in other areas over time, the government said, including better coverage on 27,962 miles of roads and indoor signals for around 1.2 million businesses and homes.

The networks will invest GBP532 million as part of the deal, with the aim of closing almost all partial not spots – areas where there is currently coverage from some operators, but not all.

The scheme will lead to increases in coverage in some areas by more than a third, the government said, with the biggest improvements in rural parts of Scotland, Northern Ireland and Wales.

The deal means network combined coverage will reach 95% of the UK by the end of 2025.

Digital Secretary Oliver Dowden said: "For too many people in the countryside a bad phone signal is a daily frustration.

"So today we're delivering on the prime minister's 100-day promise to get a GBP1 billion landmark deal signed with industry to end poor and patchy mobile rural coverage.

"This is an important milestone to level up the country, improve people's lives and increase prosperity across the length and breadth of our UK."

In response to the announcement, a spokesman for industry regulator Ofcom said: "We welcome this agreement, which will make a real difference to all mobile customers right across the UK.

"We are making the coverage commitments legally binding by including them in operators' licences.

"We'll also monitor and report on companies' progress in bringing better coverage to people and businesses."

Philip Jansen, chief executive of the BT Group PLC, which owns EE, said the Shared Rural Network is "something we can all be proud of".

O2 boss Mark Evans said: "The collaboration between the industry, Government and Ofcom should be seen as a leading example of how to deliver infrastructure investment and we look forward to now rolling the Shared Rural Network out as quickly as possible."

Three chief executive Dave Dyson described the deal as a "game-changer for the country".

Vodafone UK boss Nick Jeffery said: "A rural postcode should not be a barrier to receiving a decent mobile signal.

"Together, we have created a programme that is unmatched anywhere in the world. It will mean an end to mobile 'not spots' for people in the more remote areas, whether they are at home, at work or on the move.

"We will now get on with the job of delivering it."

source: PA

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
1 May 2024 09:26

LONDON BROKER RATINGS: UBS double upgrades AJ Bell to 'buy'

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

Read more
4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

Read more
4 Apr 2024 11:56

BT Group shares ripe for a re-rating, says JPMorgan

(Sharecast News) - Shares of BT Group appear heavily undervalued and "ripe for a major re-rating", JPMorgan Cazenove said in a note on Thursday.

Read more
4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

Read more
2 Apr 2024 12:24

Heathrow executive Emma Gilthorpe to take the helm at Royal Mail

(Alliance News) - International Distributions Services PLC's Royal Mail has ended its hunt for a new top boss after appointing Heathrow Airport senior executive Emma Gilthorpe to the helm at a crucial time for the postal service.

Read more
28 Mar 2024 15:46

IN BRIEF: BT Group CEO Allison Kirkby buys GBP55,000 in shares

BT Group PLC - London-based telecommunications operator - Chief Executive Allison Kirkby buys 50,000 shares at GBP1.09 each, worth GBP54,500, in London on Thursday.

Read more
4 Mar 2024 11:52

LONDON MARKET MIDDAY: Stocks mostly lower ahead of UK Spring budget

(Alliance News) - Stock prices in London were mostly lower at midday Monday, as the week started off on a quiet note ahead of a busy week of monetary policy decisions and economic data from across the globe.

Read more
4 Mar 2024 08:59

LONDON BROKER RATINGS: Jefferies says buy BP; UBS says buy Compass

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

Read more
4 Mar 2024 07:41

LONDON BRIEFING: Stocks called down; attention on UK's spring budget

(Alliance News) - Stocks in London are called to open lower, ahead of a busy week of economic news.

Read more
21 Feb 2024 15:01

London close: Stocks mixed ahead of Fed minutes, Nvidia results

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.

Read more
21 Feb 2024 09:45

Iconic BT Tower to be turned into hotel in £275m deal

(Sharecast News) - BT Group said on Wednesday that it has agreed to sell the BT Tower to MCR Hotels for £275m.

Read more
21 Feb 2024 09:03

BT Group to sell BT Tower to MCR Hotels for GBP275 million

(Alliance News) - BT Group PLC on Wednesday said that it has agreed to sell the BT Tower to MCR Hotels, which plans to preserve the building as a landmark hotel.

Read more
20 Feb 2024 17:25

IN BRIEF: BT CEO Allison Kirkby buys GBP428,000 in shares

BT Group PLC - London-based telecommunications operator - Chief Executive Allison Kirkby buys 400,000 shares at GBP1.07 each, worth GBP428,000, in London on Tuesday.

Read more
14 Feb 2024 15:17

PRESS: Brussels open to telecoms mergers to support investment - FT

(Alliance News) - Brussels has signalled it is open to European telecoms mergers to help fund the rollout of 5G and update ageing networks, a report said Wednesday.

Read more
2 Feb 2024 16:59

London close: Stocks mixed as US payrolls come in red-hot

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.