BT share price creeps up as demand for fibre drives growth July 31, 2014 BT posted better-than-expected first quarter results yesterday on the back of growing demand for fibre. However, it received a tepid 0.15 per cent share price rise as investors waited to see how the Bo bets on sport and mobile play out. Revenue at the group rose just 0.5 per cent on a like-for-like basis to [...]
BT One Phone puts BT back in mobile business July 17, 2014 BT is ambitiously launching itself back into the competitive mobile market with its One Phone mobile business service after escaping more than a decade ago when it sold off O2. The cloud-based service connects the landline and mobile calls of business users using a BT sim card. It means calls to numbers for office landlines [...]
BT set to launch mobile offering for businesses July 14, 2014 Telecoms giant BT will this week start paving the way for a re-entry to the consumer mobile phones market when it launches a mobile offering targeting its existing 900,000 small and medium-sized business (SME) customers. BT yesterday sent out invites for Thursday’s event at the BT Tower where it will reveal pricing and packages for [...]
Supreme Court ruling in favour of BT ends dispute over 08 charges July 9, 2014 BT was boosted yesterday by winning a court ruling over the price it is able to charge mobile operators for connecting calls to fixed-line 08 numbers. The Supreme Court found in favour of BT’s right to set prices for termination charges for mobile calls to non-geographic 08 numbers, bringing to a conclusion years of disputes [...]
BT facing fines over Openreach repair targets June 26, 2014 British telecoms giant BT could face fines if it does not meet new targets to repair its extensive UK telephone and broadband network, Ofcom said yesterday. New rules that come into force on Monday require BT’s Openreach infrastructure division to fix 70 per cent of faults – in the network used by BT’s own customers, [...]
BT jumps after Ofcom quashes fibre complaint June 19, 2014 OFCOM yesterday cleared BT over claims it had priced its flagship superfast broadband too high, boosting BT’s shares by almost two per cent. TalkTalk had complained that BT was abusing its dominant position in the way it priced its wholesale offering. BT offers its own broadband service to consumers, as well as charging rival operators [...]
BT leads the FTSE 100 fallers on pension and regulation fears June 16, 2014 TELECOMS group BT dragged the FTSE 100 index down yesterday on concerns that it will be hit by an increase in its pension deficit and that Ofcom is preparing to crackdown on its wholesale pricing of superfast broadband. BT’s shares dropped 2.4 per cent, the biggest individual faller on the FTSE 100, with traders citing [...]
London Report: FTSE falls on BT pension fears and builders June 16, 2014 BRITAIN’S top share index slipped yesterday as concerns about a large increase in its pension deficit hit BT Group, while housebuilders extended their recent sell-off on prospects of a UK rate hike. BT fell 2.4 per cent, one of the biggest drags on the FTSE 100. Traders cited a Sunday Times report which said that [...]
London Report: BT falls on Sky’s sports news as FTSE closes flat June 10, 2014 AFTER two days of gains in which the FTSE 100 moved ever closer to its record high, London’s main share index yesterday dipped slightly as warring pay TV broadcasters dragged on the index. The London market closed on 6873.55, down 1.45 points or 0.02 per cent. BT Group fell 2.36 per cent to 396.50, the [...]
BT lifts dividend as £2bn TV sport move pays off May 8, 2014 DEMAND for fibre broadband and television, driven by BT’s aggressive £2bn investment in sports content, led the telecoms giant to beat expectations in its full-year results yesterday and hike its dividend by 15 per cent to 10.9p. Chief executive Gavin Patterson promised BT would continue with its strategy of buying premium sports TV rights and [...]