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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: 105.10
Bid: 105.00
Ask: 105.10
Change: 1.55 (1.50%)
Spread: 0.10 (0.095%)
Open: 104.15
High: 106.25
Low: 103.60
Prev. Close: 103.55
BT.A Live PriceLast checked at -

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Virgin raises the bar again on broadband speeds

Wed, 27th Oct 2010 12:48

Pay TV and internet service provider Virgin Media has announced plans to extend its broadband speed advantage over its rivals with the roll-out of an "up to 100 megabytes per second" (MBps) service.The first areas of Britain set to benefit from the service upgrade are London, the South-East of England and Yorkshire. Virgin expects the roll-out to be completed by the middle of next year though, as at present, not all houses in an area serviced by Virgin's cable offering will be able to take advantage of the increased speed.At present Virgin Media's premium offering provides download speeds of up to 50MBps; the best rivals BT and BSkyB can offer is speeds of up to 20MBps for some customers, while TalkTalk advertises an "up to 24MBps" service. In small-scale trials of Virgin's juiced-up service internet usage "increased exponentially," the company said."We have already seen a massive uptake in the number of customers watching video rich services and bandwidth hungry high definition programmes and clips," said Virgin Media chief executive officer Neil Berkett.The new service will come at a fairly hefty price, however. Virgin is offering the service at £45 per month, initially, or £35 a month if users also take an £11.99 per month phone service. Virgin's current top tariff for the 50MBps is £38 a month.The news accompanied the release of the company's third quarter results which showed an increase in revenue in all segments of the business. Total revenue advanced to £978.4m from £919.4m the year before. Revenue from Cable services grew to £662.6m from £627.6m, while mobile services revenue jumped from £134.1m to £143.5m. Non-cable revenue surged to £20.1m from £14.4m. Business revenue climbed to £152.2m from £143.3m in the third quarter of 2009.Operating income virtually doubled to £101.7m from £51.1m a year earlier, while operating income before depreciation, amortisation, goodwill and intangible asset impairments and restructuring and other charges improved to £387.3m from £349m.Free cash flow rose to £119.4m from £109.9m while net cash provided by operating activities jumped to £319.6m from £281.8m."Our confidence in our long term ability to maximise our advantages to deliver strong free cash flow means we have been able to begin to execute on our plans to return capital to stockholders. We have completed an initial buyback of £125m of stock and retain the authority for a further £250m in the coming months. Today, we have also announced, the execution of conversion hedges which should further benefit stockholders by effectively increasing the strike price of our convertible notes to $35," Berkett said.
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9 Jan 2024 16:00

Auto File-China: Car Export Powerhouse

Joe White Global Autos Correspondent

Greetings from the Motor City!

It’s a great day in the Great Lakes state of Michigan! The University of Michigan won the college football championship last night. Who’s got it better than us?

Chinese automakers could say, “we do!” Why? Read on.

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8 Jan 2024 12:49

IN BRIEF: BT confirms February start date for new CEO Kirkby

BT Group PLC - London-based telecommunications provider - Confirms Independent Non-Executive Director Allison Kirkby will succeed Philip Jansen as chief executive officer from February 1. She was named successor in July, with previous communication being that she would take over from Jansen around the end of this month at the latest. Jansen will be available to support the handover until the end of March, when BT's financial year 2024 ends.

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2 Jan 2024 16:58

LONDON MARKET CLOSE: Stocks down amid disappointing manufacturing data

(Alliance News) - Stock prices in London closed lower on Tuesday, after the year was started with some disappointing data about the UK and US manufacturing sectors.

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2 Jan 2024 12:01

LONDON MARKET MIDDAY: London stocks make largely soft start to 2024

(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday in a slow start to the new year, reacting to the UK manufacturing sector finishing a tricky 2023 with a further contraction in December.

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2 Jan 2024 08:48

LONDON MARKET OPEN: New Year begins largely green amid slew of PMIs

(Alliance News) - Stock prices in London opened mostly up on Tuesday, the first day of trading in 2024, reacting to slightly improved factory activity in China, with more manufacturing PMIs from major economies due.

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2 Jan 2024 08:36

PRESS: Outgoing BT boss Jansen approached about being next WPP chair

(Alliance News) - WPP PLC has approached outgoing BT Group PLC chief Philip Jansen about becoming the advertising firm's next chair, Sky News reported on Monday.

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2 Jan 2024 07:57

LONDON BRIEFING: AstraZeneca, Sanofi's RSV treatment approved in China

(Alliance News) - Stock prices in London are expected to open higher on Tuesday, reacting to a slight expansion in manufacturing activity in China and ahead of a slew of manufacturing PMI data including for the UK.

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1 Jan 2024 21:35

BT chief Jansen approached about WPP chairmanship - Sky News

Jan 1 (Reuters) - BT Group's outgoing boss Philip Jansen has been approached about becoming the next chair of advertising group WPP, replacing Roberto Quarta, Sky News reported on Monday.

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1 Jan 2024 17:22

BT chief Jansen approached about WPP chairmanship - Sky News

Jan 1 (Reuters) - Philip Jansen, the outgoing BT Group boss, has been approached about becoming the next chairman of advertising group WPP, Sky News reported on Monday.

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28 Dec 2023 17:21

UK stocks subdued in thin holiday trade

FTSE 100, FTSE 250 flat

*

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28 Dec 2023 12:27

London midday: Stocks reverse gains to turn lower at lunchtime

(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.

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28 Dec 2023 09:02

LONDON MARKET OPEN: China-exposed firms rise as stocks drift higher

(Alliance News) - Stock prices in London opened slightly higher on Thursday, with investors feeling quietly optimistic on the penultimate day of trading for 2023.

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21 Dec 2023 17:34

Lapsus$ hacker who targeted Uber and Grand Theft Auto maker indefinitely detained

LONDON, Dec 21 (Reuters) - A teenage member of the Lapsus$ hacking group was on Thursday sentenced to indefinite detention in hospital for hacking Uber and fintech firm Revolut, and for blackmailing the developers of best-selling video game "Grand Theft Auto".

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21 Dec 2023 16:03

London close: Stocks finish weaker amid uninspiring data

(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, despite a rebound on Wall Street in early trading, as investors digested lacklustre government borrowing and retail sales data.

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21 Dec 2023 15:43

UK dividends calendar - next 7 days

Friday 22 December 
BlackRock World Mining Trust PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Investec PLC and Ltddividend payment date
Ninety One PLC and Ltddividend payment date
Record PLCdividend payment date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Tristel PLCdividend payment date
Monday 25 December 
no events scheduled 
Tuesday 26 December 
no events scheduled 
Wednesday 27 December 
no events scheduled 
Thursday 28 December 
Babcock International Group PLCdividend payment date
BT Group PLCex-dividend payment date
Cerillion PLCex-dividend payment date
Develop North PLCdividend payment date
Focusrite PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Grainger PLCex-dividend payment date
Jet2 PLCex-dividend payment date
JPMorgan European Discovery Trust PLCex-dividend payment date
Lowland Investment Co PLCex-dividend payment date
North American Income Trust PLCex-dividend payment date
Schroder AsiaPacific Fund PLCex-dividend payment date
Schroder European Real Estate Investment Trust PLCex-dividend payment date
Schroder Income Growth Fund PLCex-dividend payment date
Troy Income & Growth Trust PLCex-dividend payment date
Ultimate Products PLCex-dividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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