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BT.A Bt Group Plc

130.60
1.80 (1.40%)
31 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
  1.80 1.40% 130.60 130.40 130.50 130.65 128.65 129.20 64,360,378 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 6.81 12.97B

Ofcom Proposes Lower Wholesale Prices for BT Business Lines

12/06/2015 7:55am

Dow Jones News


Bt (LSE:BT.A)
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By Ian Walker

LONDON--The U.K. telecoms regulator Friday set out plans designed to reduce the wholesale prices BT Group PLC (BT.A.LN) charges for high-speed business lines over a three-year period.

The Office of Communications, or Ofcom, said it is consulting on the proposed level of those controls, which would apply to some of BT's wholesale leased-line prices and should lead to significant real-terms price reductions for most customers, such as businesses, schools, universities and libraries.

Consumer mobile and broadband operators, which use leased lines to transfer data on their networks, would also make savings that could be passed on to customers, the regulator said.

Ofcom said it expects to publish its final decision in the first quarter of next year, with the new proposals taking effect from April 1, 2016.

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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