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Share Price Information for BT (BT.A)

London Stock Exchange
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Share Price: 103.55
Bid: 103.70
Ask: 103.75
Change: -0.30 (-0.29%)
Spread: 0.05 (0.048%)
Open: 103.40
High: 104.65
Low: 102.80
Prev. Close: 103.85
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Wednesday tips round-up: BT, Workspace Group

Wed, 24th Dec 2014 15:34

The purchase of EE by BT will likely be inked at some point early next year, with the price tag at or around the £12.5bn price given. BT had begun work on building out its own mobile network from scratch, but an acquisition is more sensible. To take note of, even if highly unlikely some observers have suggested BT might be asked to divest Openreach should it succeed in purchasing EE. There is also a question mark around whether the fixed-line telecoms operator will bid for some or all of the Premier League rights which will be auctioned in spring. So while the shares have performed well of late, given the above uncertainties investors would be best advised to hold off from buying. However, if you are already an investor in the company, then hold on to the shares, writes The Times´s Tempus.Trying to call the top for any market is one of the hardest things to do. So it is too in the case of the commercial property market in London, for which Workspace Group is a proxy. Many have tried to call a top before, only to be proven wrong later. The shares trade on a premium to net assets of over 25%. The company, which typically takes derelict sites and converts them into useful office space, just recently raised £100m to finance its expansion. As well, its recent decision to buy out the banks who had an interest in its Glebe portfolio of properties in London means the firm will capture any upside should it be granted permission for residential development. Even so, the current rating on the stock is high and suggests no reason for an immediate purchase, Tempus says.
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Sunday newspaper round-up: Drinkflation, Bank of England, BT Group

(Sharecast News) - Brewers have cut the levels of alcohol in many beers and lagers, saving millions of pounds in tax in the process. But they haven't cut prices for consumers. Food giants and grocers have done the same through stealthy reductions in package sizes and portions. Critics however hold that so-called drinkflation is the more insidious of the two, as bottle and cans stay the same size and hold the same amount of liquid. In the case of Foster's, which is sold by Heineken in the UK, alcohol by volume has been reduced from 4.0% earlier in 2023 to only 3.7%. - Financial Mail on Sunday

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Vodafone, Hutchison strike $19 bln deal to create UK mobile leader

Deal would create UK's biggest mobile operator

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12 Jun 2023 11:00

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June 12 (Reuters) - The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on credit-crunch and a U.S. debt ceiling crisis has been averted.

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26 May 2023 17:45

Sunak and Google CEO discuss 'striking right balance' on AI regulation

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24 May 2023 11:22

UK's Ofcom allows Openreach to cut prices

(Sharecast News) - Britain's telecoms regulator has allowed BT to cut wholesale prices at its Openreach networking arm, despite claims from competitors that it would give the company an unfair advantage.

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24 May 2023 09:29

Britain allows BT to discount wholesale fibre broadband

LONDON, May 24 (Reuters) -

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24 May 2023 08:51

Ofcom signs off on BT unit Openreach's Equinox 2 scheme pricing in UK

(Alliance News) - BT Group PLC unit Openreach's Equinox 2 scheme has overcome a potential regulatory hurdle.

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Britain allows BT to offer wholesale fibre broadband discounts

LONDON, May 24 (Reuters) - Britain's telecoms regulator Ofcom said on Wednesday it would allow BT to offer new discounted wholesale fibre pricing to broadband providers as it did not consider the scheme to be anti-competitive. (Reporting by Paul Sandle; Editing by Kate Holton)

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LONDON MARKET MIDDAY: Stocks up; RS falls on slowing industrial growth

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Patrick Drahi's Altice adds to BT stake a week after lay-off plans

(Alliance News) - Billionaire telecom tycoon Patrick Drahi's Altice UK Sarl on Tuesday said it has bought more shares in BT Group PLC, less than a week after the telecommunication company announced plans for major job cuts.

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