BT Group (BT.A)

Sector:

Telecom Operators

Index:

FTSE 100

113.35p
   
  • Change Today:
      1.15p
  • 52 Week High: 150.30
  • 52 Week Low: 102.30
  • Currency: UK Pounds
  • Shares Issued: 9,952m
  • Volume: 25,951,163
  • Market Cap: £11,281m
  • RiskGrade: 170

BT's Openreach holds talks to lower wholesale rates - report

By Michele Maatouk

Date: Monday 31 Oct 2022

LONDON (ShareCast) - (Sharecast News) - BT's infrastructure division Openreach is reportedly in talks to offer lower-cost deals to internet service providers that use its network across the UK.
Bloomberg on Monday cited two people familiar with the matter as saying that proposals include lower line rental costs, no volume commitments for sellers, and a cut to the amount charged for migrating customers from copper lines to fibre.

Companies such as Vodafone, TalkTalk Telecom and Comcast Corp's Sky are among those that sell services using London-based Openreach's fibre optic connections.

A spokesman for Openreach, who didn't dispute the details being reported, told Bloomberg: "We're in constant discussion with the retail providers about potential offers and options."

The new Openreach offer is dubbed Equinox 2 and was earlier reported by the Financial Times. The move could lower retail prices for fibre and accelerate consumers' take-up of the faster technology, upgrading them from older copper connections.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BT Market Data

Currency UK Pounds
Share Price 113.35p
Change Today 1.15p
% Change 1.03 %
52 Week High 150.30
52 Week Low 102.30
Volume 25,951,163
Shares Issued 9,952m
Market Cap £11,281m
RiskGrade 170

BT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.48% above the market average45.48% above the market average45.48% above the market average45.48% above the market average45.48% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Price Trend
55.95% below the market average55.95% below the market average55.95% below the market average55.95% below the market average55.95% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income
87.14% above the market average87.14% above the market average87.14% above the market average87.14% above the market average87.14% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
75.18% below the market average75.18% below the market average75.18% below the market average75.18% below the market average75.18% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average

What The Brokers Say

Strong Buy 5
Buy 7
Neutral 2
Sell 1
Strong Sell 2
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BT Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Dec-23 03-Aug-23
Paid 02-Feb-24 13-Sep-23
Amount 2.31p 5.39p

Trades for 15-May-2024

Time Volume / Share Price
14:55 3,544 @ 113.35p
14:55 3,781 @ 113.35p
14:54 422 @ 113.40p
14:53 629 @ 113.40p
14:53 2,617 @ 113.40p

BT Key Personnel

CFO Simon Lowth
CEO Allison Kirkby
Chair Adam Crozier

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