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  5. PRESS: Virgin Media To Up Broadband Speeds Compared To BT - FT

Pin to quick picksBT Share News (BT.A)

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Share Price Information for BT (BT.A)

London Stock Exchange
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Share Price: 132.25
Bid: 132.65
Ask: 132.75
Change: -2.00 (-1.49%)
Spread: 0.10 (0.075%)
Open: 133.85
High: 134.60
Low: 132.25
Prev. Close: 134.25
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PRESS: Virgin Media To Up Broadband Speeds Compared To BT - FT

Tue, 29th Sep 2015 06:00

LONDON (Alliance News) - Virgin Media will this week increase its maximum internet speed to 200 megabits per second, putting further pressure on rival BT Group PLC to improve its broadband service, the Financial Times reported.

Virgin Media, owned by Liberty Global, is in the middle of a GBP3 billion investment programme to improve its network in the UK, and the new top speed its service will offer is nearly three times the 76 Mbps offered by BT.

BT is currently under pressure from Sky PLC and TalkTalk Telecom Group PLC to spin-off its Openreach infrastructure arm, with its rivals arguing that such a move would improve the performance of the company's network.

https://next.ft.com/content/bedae99c-65ed-11e5-a57f-21b88f7d973f

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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