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JPMorgan stays positive on BT, downplays Sky deal with CityFibre

By Benjamin Chiou

Date: Wednesday 21 Aug 2024

(Sharecast News) - JPMorgan has reiterated its 'outperform' rating on BT Group despite competition concerns hitting the stock following the announcement that Sky has signed a wholesale deal with CityFibre.
BT's share price dropped more than 6% on Tuesday to settle at 136.3p after competitor CityFibre announced a long-term broadband partnership...

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