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Pin to quick picksBT Share News (BT.A)

Share Price Information for BT (BT.A)

London Stock Exchange
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Share Price: 108.95
Bid: 109.00
Ask: 109.10
Change: 3.55 (3.37%)
Spread: 0.10 (0.092%)
Open: 105.50
High: 109.20
Low: 105.50
Prev. Close: 105.40
BT.A Live PriceLast checked at -

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UPDATE 1-Soccer-Premier League clubs agree to three-year renewal of UK TV deals

Thu, 13th May 2021 08:44

(Adds details, quotes)

May 13 (Reuters) - The Premier League said on Thursday its clubs had unanimously agreed a proposal for a three-year renewal of the league's UK live and non-live broadcast deals with Sky Sports, BT Sport, Amazon Prime Video and BBC Sport.

The league said the renewed deals for the 2022-23 to 2024-25 seasons would be concluded at the same overall value as the current arrangements, reported to be worth 4.5 billion pounds ($6.3 billion).

The league said it had received government approval to renew its broadcast rights with existing partners instead of holding a competitive auction due to the financial impact of the COVID-19 pandemic.

The new rights deals will include an additional 100 million pounds in funding over the next four years that will go to teams in the lower leagues of the English football pyramid.

"We are hugely appreciative of the government agreeing in principle to allow this arrangement and for their continued support for the Premier League and the English game," the Premier League's chief executive Richard Masters said.

"COVID-19 has had a significant impact on football, and renewals with our UK broadcast partners will reduce uncertainty, generate stability and promote confidence within the football pyramid."

England's Football Association (FA) welcomed the additional funding, saying more than 1,000 clubs in the National League System would benefit.

"This increased funding from the Premier League will provide vital support for local football clubs and facilities across the country," the FA's chief executive Mark Bullingham said.

BT Sport also welcomed the announcement and said that the deal would allow them to show 52 games exclusively live every season. ($1 = 0.7115 pounds) (Reporting by Rohith Nair in Bengaluru; Editing by Alex Richardson and Hugh Lawson)

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23 May 2023 11:22

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

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23 May 2023 09:13

Drahi boosts stake in BT to 24.5%, will not make an offer

Drahi's Altice ups stake from 18% to 24.5%

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23 May 2023 08:11

TOP NEWS: Patrick Drahi's Altice ups BT stake to almost 25%

(Alliance News) - Billionaire telecom tycoon Patrick Drahi's Altice UK Sarl on Tuesday said it has bought more shares in BT Group PLC, taking its stake to about 24.5%.

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23 May 2023 08:02

Altice ups stake in BT to 24.5%

(Sharecast News) - Altice said on Tuesday that it has upped its stake in British telecommunications firm BT Group to 24.5% but insisted it does not plan to make a takeover offer.

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23 May 2023 07:57

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(Alliance News) - London's FTSE 100 outperformed in a tricky start to the week for European equities, with investors moving with trepidation as eyes remain on Washington for US debt ceiling talks.

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Citi adds BT Group to 'European Focus List', reiterates 'buy'

(Sharecast News) - Citi reiterated its 'buy' rating on BT Group on Monday and added the shares to its 'European Focus List', "because of its deep value, and as it is a clear beneficiary from improving regulatory and market conditions".

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

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Broker tips: BT Group, Hill & Smith

(Sharecast News) - Citi reiterated its 'buy' rating on BT Group on Monday and added the shares to its 'European Focus List', "because of its deep value, and as it is a clear beneficiary from improving regulatory and market conditions".

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European stocks climb on U.S. debt ceiling optimism

German DAX rallies to fresh Jan 2022 highs

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