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BT.A Bt Group Plc

109.65
0.40 (0.37%)
28 Mar 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
  0.40 0.37% 109.65 109.65 109.70 110.50 109.20 110.00 19,042,886 16:29:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.72 10.9B

BT's Plusnet Fined GBP880,000 For Overcharging

22/03/2017 9:43am

Dow Jones News


Bt (LSE:BT.A)
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By Rory Gallivan

 

LONDON-- The U.K. communications regulator Ofcom fined Plusnet, a broadband and landline services provider owned by telecommunications company BT Group PLC (BT.A.LN) 880,000 pounds ($1.1 million) for overcharging customers.

Ofcom said Plusnet continued charging some customers after they cancelled their services, resulting in them being overcharged by a total of more than GBP500,000.

The penalty includes a 20% reduction to reflect Plusnet's willingness to enter into a formal settlement, Ofcom said.

 

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

 

(END) Dow Jones Newswires

March 22, 2017 05:28 ET (09:28 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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