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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30 | 0.29% | 105.00 | 105.30 | 105.40 | 105.70 | 104.30 | 105.30 | 21,352,815 | 16:35:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Phone Comm Ex Radiotelephone | 20.92B | 1.91B | 0.1916 | 5.51 | 10.5B |
From Apr 2019 to Apr 2024
By Ian Walker
LONDON--Ofcom, the U.K. telecoms regulator, announced plans for simpler, cheaper access to BT Group PLC's (BT.A.LN) network for competitors to lay ultrafast broadband Tuesday.
The regulator said its proposals would reduce the country's reliance on Openreach, the network division of BT. It is also considering capping Openreach's rental charges for accessing its duct network.
The regulator said these plans were subject to it finding that BT had significant market power in the wholesale local-access market, in a review that is scheduled to end early 2017.
"Today we're explaining how access to BT's tunnels and poles could be improved, allowing other providers to connect ultrafast, fiber broadband directly to U.K. homes and offices. Our plans will give providers increased confidence to invest in their own full-fiber networks at reduced cost," Ofcom Competition Policy Director Yih-Choung Teh said.
-Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
December 06, 2016 04:56 ET (09:56 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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