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BT.A Bt Group Plc

105.40
-0.60 (-0.57%)
10 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
  -0.60 -0.57% 105.40 105.25 105.35 107.50 105.15 105.80 30,646,394 16:35:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.49 10.47B

Ofcom Proposes Lower Bills For BT Landline Only Customers

28/02/2017 8:31am

Dow Jones News


Bt (LSE:BT.A)
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LONDON--The U.K.'s communications regulator Tuesday announced plans to cut bills for BT Group PLC (BT.A.LN) customers who only use the telecommunications company's landline services to 2009 levels and restrict future price rises.

The Office of Communications, known as Ofcom, said it proposes to reduce the amount BT can charge its more than 2 million landline customers by at least 5 pounds ($6.2) a month.

The restrictions are likely to result in other telecoms companies that provide landline-only services also cutting prices in line with BT, which serves nearly 80% of this segement of the U.K. market, Ofcom said.

 

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

 

(END) Dow Jones Newswires

February 28, 2017 03:16 ET (08:16 GMT)

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

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