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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.15 | 0.14% | 104.85 | 104.85 | 104.95 | 105.65 | 104.30 | 105.30 | 5,646,271 | 14:10:30 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Phone Comm Ex Radiotelephone | 20.92B | 1.91B | 0.1916 | 5.47 | 10.43B |
From Apr 2019 to Apr 2024
By Ian Walker
LONDON--U.K. telecoms regulator Ofcom said Monday that BT/EE won't be able to bid for spectrum in the 2.3GHz band when the auction starts next year because it already owns 45% of useable U.K. mobile spectrum.
The regulator, which will auction 190MHz of spectrum in the 2.3GHz and 3.4GHz bands next year, said BT/EE would have more than half the market if it were allowed to bid. By capping the so-called "immediately useable" spectrum. BT/EE's share would fall to 42%. Vodafone Group PLC (VOD.LN) currently holds 28%, O2 15% and Three 12%.
Philip Marnick, Ofcom spectrum group director, said: "The U.K. has long benefited from strong mobile competition. We are designing the auction to ensure everyone benefits from a market that continues to innovate and serve them well."
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
November 21, 2016 02:41 ET (07:41 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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