BT Group (BT.A)

Sector:

Telecom Operators

Index:

FTSE 100

104.45p
   
  • Change Today:
    -0.55p
  • 52 Week High: 158.85p
  • 52 Week Low: 102.30p
  • Currency: UK Pounds
  • Shares Issued: 9,952m
  • Volume: 12,347,028
  • Market Cap: £10,395m
  • RiskGrade: 170

BT in talks with Musk's Starlink over rural broadband offering

By Iain Gilbert

Date: Monday 15 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Telecommunications giant BT was said to be in discussions with Elon Musk's Starlink regarding a satellite phone and broadband offering aimed at servicing rural dead spots.
BT will test Starlink's equipment at its Adastral Park research centre near Ipswich, according to the Telegraph, as it looks to deliver connections to hard-to-reach areas of the UK.

While BT originally intended to use the Starlink network solely for broadband services, the firm was now said to be looking at utilising the technology in order to improve mobile signals across Britain.

If BT was to ink a direct-to-mobile deal with Starlink, which operates a network of roughly 5,000 satellites, it would possibly be required to obtain a special licence from industry watchdog Ofcom.

Talks were currently centred around BT's business offering, which allows it to deliver mobile and broadband services to remote sites such as oil rigs and mines. However, the technology was also expected to be rolled out to consumers in an effort to plug gaps that traditional cables and masts have been unable to reach.

As of 0830 GMT, BT shares were up 0.043% at 116.95p.







Reporting by Iain Gilbert at Sharecast.com

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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 104.45p
Change Today -0.55p
% Change -0.52 %
52 Week High 158.85p
52 Week Low 102.30p
Volume 12,347,028
Shares Issued 9,952m
Market Cap £10,395m
RiskGrade 170

BT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.57% above the market average49.57% above the market average49.57% above the market average49.57% above the market average49.57% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Price Trend
55.22% below the market average55.22% below the market average55.22% below the market average55.22% below the market average55.22% 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
87.98% above the market average87.98% above the market average87.98% above the market average87.98% above the market average87.98% 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
75.32% below the market average75.32% below the market average75.32% below the market average75.32% below the market average75.32% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% 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 29-Apr-2024

Time Volume / Share Price
15:19 8,000 @ 104.45p
15:18 1,144 @ 104.49p
15:18 5 @ 104.55p
15:18 4 @ 104.55p
15:17 14 @ 104.40p

BT Key Personnel

CFO Simon Lowth
CEO Allison Kirkby
Chair Adam Crozier

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