SP Rise18 Nov 2020 21:26
Based on SP movement over last couple of weeks, those in the know knew, and pi’s played the guessing game as always...
BT chief 'open minded' on sale of stake in Openreach
18 November 2020, 19:32
LONDON (Reuters) - BT Chief Executive Philip Jansen is "open minded" about the possibility of selling a stake in the British company's Openreach infrastructure unit once there is full clarity on the regulation of fibre networks next year, he said on Wednesday.
"We feel - I feel - that really BT is undervalued for the kind of business that we are and the assets that we have," he told Morgan Stanley's Technology, Media and Telecom conference.
He said Openreach was one such undervalued asset, reflecting in part the regulatory uncertainty facing the unit.