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BT.A Bt Group Plc

105.10
1.55 (1.50%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bt Group Plc LSE:BT.A London Ordinary Share GB0030913577 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.55 1.50% 105.10 105.00 105.10 106.25 103.60 104.15 17,449,131 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.48 10.44B

BT Group PLC BT WINS UEFA RIGHTS (5756Y)

06/03/2017 7:00am

UK Regulatory


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RNS Number : 5756Y

BT Group PLC

06 March 2017

March 06, 2017

BT WINS EXCLUSIVE RIGHTS TO UEFA CHAMPIONS LEAGUE AND UEFA EUROPA LEAGUE

Fans to benefit from UEFA Champions League 'double header' nights and broader access for free via social media

Three year renewal to commence from 2018/19 season

BT Sport will remain the exclusive UK home of all UEFA Champions League and UEFA Europa League football, it was confirmed today. Following a competitive auction process, BT has secured the rights until the end of the 2020/21 season that for the first time brings together exclusivity across all live games, highlights and in-match clips of both competitions.

The UEFA Champions League is set to be even stronger from 2018/19, with a minimum of four participating teams now guaranteed from each of England, Spain, Germany and Italy, resulting in more games between the top European teams. Fans will also be able to enjoy UEFA Champions League 'double header' nights, as live matches will kick off at both 6pm and 8pm during the Group Stage.

BT will continue to show UEFA matches using the latest broadcast innovation and technology, with games made available in 4K ultra high definition with Dolby Atmos sound, and via the award-winning BT Sport App.

BT will enhance its social media coverage to reach new audiences, by making clips, weekly highlights, UEFA's magazine show, and both finals available for free on social media. BT streamed both finals last year on YouTube for the first time, taking the number of people who watched BT's live coverage of the finals to more than twelve million. The company will also seek to bring the best of the action to its large mobile customer base.

John Petter, Consumer CEO at BT, said: "We are delighted to have renewed these rights. The UEFA Champions League and UEFA Europa League are two of the best competitions in the world and we would like to thank UEFA for choosing us as their exclusive broadcast partner in the UK. The UEFA Champions League is due to get even stronger and we are delighted that fans will be able to enjoy two live matches a night for the first time."

Guy Laurent Epstein, UEFA marketing director, said "UEFA is delighted to have extended the relationship with BT Sport for a further three seasons, taking our partnership to 2021. BT

Sport has proved to be an innovative broadcast partner, pushing the boundaries and covering the UEFA Champions League and UEFA Europa League in new ways. BT have delivered strong audiences in the UK and we are excited about their future plans for the use of social media which will engage a growing fanbase that consumes sport in different ways."

BT has made top tier sport far more affordable in the UK in recent years. BT TV customers can access all of the action on BT Sport from just GBP3.50 a month and the company has also made its channels available to customers of EE.

BT will pay around GBP394m each year for the rights. Following the acquisition of EE last year which more than doubled BT's marketable customer base, BT is in a strong position to monetise this investment through subscription, wholesale, commercial, and advertising revenues.

For further information

Enquiries about this news release should be made to the BT Group Newsroom on its 24-hour number: 020 7356 5369. From outside the UK dial + 44 20 7356 5369. All news releases can be accessed at our web site. You can also subscribe to receive all BT announcements here and you can follow us on Twitter here.

About BT

BT's purpose is to use the power of communications to make a better world. It is one of the world's leading providers of communications services and solutions, serving customers in 180 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband, TV and internet products and services; and converged fixed-mobile products and services. BT consists of six customer-facing lines of business: Global Services, Business and Public Sector, Consumer, EE, Wholesale and Ventures, and Openreach.

For the year ended 31 March 2016(1) , BT Group's reported revenue was GBP19,012m with reported profit before taxation of GBP2,907m.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.

(1) The results for the period have been revised to reflect the outcome of the investigation into our Italian business. Detail of which is set out in our third quarter results announcement published on 27 January 2017. This financial information is unaudited.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 06, 2017 02:00 ET (07:00 GMT)

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