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Share Price Information for BT (BT.A)

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Share Price: 112.25
Bid: 112.00
Ask: 112.25
Change: 0.05 (0.04%)
Spread: 0.25 (0.223%)
Open: 112.55
High: 112.60
Low: 112.15
Prev. Close: 112.20
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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27 Mar 2023 10:32

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23 Mar 2023 09:44

Deutsche Bank raises target price on BT

(Sharecast News) - Analysts at Deutsche Bank raised their target price on telecommunications firm BT 140.0p to 150.0p on Thursday, stating taxes had pushed the "lucky" group's price target higher amid "major challenges".

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

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17 Mar 2023 17:50

FTSE 100 clocks worst week in a year as bank rout fears linger

BT Group falls on delayed pricing decision

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17 Mar 2023 17:26

European shares record worst week in five months on bank crisis jitters

ECB supervisors see no contagion for euro zone banks

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LONDON MARKET CLOSE: Stocks unable to shake off banking sector worries

(Alliance News) - Stocks in London closed down on Friday, and ended the week sharply lower, as markets on both sides of the Atlantic remained anxious about troubles in the banking sector.

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17 Mar 2023 12:25

UK's Ofcom delays BT fibre pricing decision after CEO remarks

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LONDON MARKET MIDDAY: Banking nerves return as Credit Suisse slides

(Alliance News) - European equities succumbed to late-morning selling pressure on Friday, as fear of a banking crisis mounted again, with Credit Suisse shares in the red once more.

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17 Mar 2023 09:00

Ofcom mulls delaying launch of BT unit Openreach's Equinox 2 scheme

(Alliance News) - BT Group PLC unit Openreach's Equinox 2 scheme faces a setback in its planned launch next month, as UK regulator Ofcom on Friday said it needs more time to consider the new pricing arrangements for the fibre-to-the-premises services.

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BT's Openreach to delay pricing plan after Ofcom probe delay

(Sharecast News) - UK communication regulator Ofcom has delayed the conclusion of its investigation into a new BT Openreach broadband pricing plan by two months.

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LONDON MARKET OPEN: Stocks rise as banking sector anxiety recedes

(Alliance News) - Stocks in Europe recovered more lost ground on Friday morning, but so far have been unable to undo the damage from heavy selling earlier this week.

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LONDON BRIEFING: Emis takeover and BT Openreach get watchdog scrutiny

(Alliance News) - London's FTSE 100 is called to open higher on Friday, ending a tumultuous week in the green.

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The pound, gilts and stocks: likely winners and losers from UK budget

LONDON, March 13 (Reuters) - Britain's City and business lobby are clamouring for sweeteners in Wednesday's spring budget to replace generous investment relief that is expiring just as corporation tax is due to rise.

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LONDON BROKER RATINGS: Numis cuts BT to 'sell'; Citigroup cuts Babcock

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

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Deutsche Telekom could up BT stake despite losses - FT

BERLIN, Feb 27 (Reuters) - Deutsche Telekom could increase its stake in British rival BT, despite a billions-strong drop in the value of its initial investment, Deutsche Telekom CEO Tim Hoettges said in a Financial Times interview published on Monday.

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