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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 | |
---|---|---|---|---|---|---|---|---|---|---|
1.55 | 1.50% | 104.70 | 105.15 | 105.20 | 105.25 | 103.45 | 103.55 | 18,300,547 | 16:35:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Phone Comm Ex Radiotelephone | 20.92B | 1.91B | 0.1916 | 5.49 | 10.46B |
By Rory Gallivan
LONDON--The U.K.'s communications regulator Friday said it plans to cut the price telecommunications company BT Group PLC's (BT.A.LN) infrastructure business Openreach can charge other telecoms companies for its high speed broadband network.
Ofcom plans to reduce the charge from 88.80 pounds ($111) a year to GBP52.77 by 2020-21. The reduction will likely be passed on to telecoms companies' customers, leading to lower bills, Ofcom said.
Earlier this month BT reached an agreement with Ofcom that will result in Openreach, which provides cable infrastructure for BT and other telecoms companies, becoming a legally separate company with its own board and management.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
March 31, 2017 02:42 ET (06:42 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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