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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: 132.60
Bid: 132.70
Ask: 132.80
Change: 19.45 (17.19%)
Spread: 0.10 (0.075%)
Open: 123.50
High: 133.25
Low: 120.50
Prev. Close: 113.15
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UPDATE 1-UK telecoms regulator does not rule out mobile network consolidation

Wed, 09th Feb 2022 12:13

(Adds details)

LONDON, Feb 9 (Reuters) - Britain's telecoms regulator Ofcom
said it would assess potential consolidation in the mobile
market on a case-by-case basis rather than taking a fixed view
on an appropriate number of networks.

Ofcom had opposed the proposed merger between Three and O2
in 2015 because it wanted to retain competition between four
networks. The merger was blocked by European regulators.

"The question of whether a particular merger is likely to
result in a substantial lessening of competition will turn on
the effectiveness of competition that can be expected in the
market after the merger, rather than just the number of
competitors," it said on Wednesday in a discussion paper on its
future approach to mobile markets.

Ofcom said competition between EE, O2,
Vodafone, and Three had served Britain well
over the past 10 years, but consumers were increasing using
other networks such as Wifi at home or at work.

The decision to block the O2-Three merger, which would have
created Britain's biggest mobile operator, was overturned by the
EU's General Court last year.

By then O2, owned by Spain's Telefonica, had formed a joint
venture with Liberty Global's Virgin Media broadband network.

Mobile operators in Britain and the rest of Europe have
urged policymakers to allow mergers to encourage investment in
networks.

Vodafone's Chief Executive Nick Read said last week that the
company was pursuing deals with rivals in multiple European
markets, naming Britain, along with Spain, Italy and Portugal,
as a market where it saw merger opportunities.
(Reporting by Paul Sandle; editing by William James and Louise
Heavens)

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12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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12 Dec 2023 10:37

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12 Dec 2023 09:58

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LONDON, Dec 12 (Reuters) - Britain's telecom regulator Ofcom proposed banning inflation-linked price rises in the middle of customers’ mobile and broadband contracts, saying that the practice was unfair on consumers and hampering competition.

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12 Dec 2023 09:28

BT shares dip as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell over 4% on Tuesday, with traders linking the drop to British communications regulator Ofcom proposing a ban on mid-contract price hikes linked to inflation.

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12 Dec 2023 08:48

Ofcom proposes ban on inflation-linked price rises

(Sharecast News) - Telecom firms were in the red on Tuesday, as the sector's regulator proposed a ban on inflation-linked mid-contract price rises.

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11 Dec 2023 09:12

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(Alliance News) - Nokia Corp on Monday said it signed an agreement with BT Group PLC focused on driving new 5G monetisation opportunities through telecommunication application programming interfaces.

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7 Dec 2023 16:59

LONDON MARKET CLOSE: Stocks mute as eyes turn to US jobs data

(Alliance News) - Stock prices across Europe were muted on Thursday, as investors cautiously eye the next set of US jobs data.

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7 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks muted amid pre-US jobs data nerves

(Alliance News) - London's FTSE 100 was slightly lower early on Thursday afternoon, with the mood in global markets cautious as investors eagerly anticipate Friday's US jobs data.

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7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

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

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5 Dec 2023 15:26

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(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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4 Dec 2023 10:10

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

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27 Nov 2023 17:08

LONDON MARKET CLOSE: Downbeat China data hurts exposed FTSE 100 stocks

(Alliance News) - Stock prices in London closed down on Monday, as underwhelming industrial data from China hurt Asia-exposed stocks and oil majors, while new homes figures in the US also disappointed.

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UPDATE: BT, Aurelius don't intend takeover offer for musicMagpie

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27 Nov 2023 13:49

BT says not intending takeover offer for musicMagpie

(Alliance News) - BT Group PLC on Monday said that it is not intending to make an offer for Stockport, England-based used-technology reseller musicMagpie PLC.

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