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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.55 | -0.52% | 104.70 | 104.55 | 104.65 | 105.75 | 104.30 | 105.40 | 29,739,057 | 16:35:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Phone Comm Ex Radiotelephone | 20.92B | 1.91B | 0.1916 | 5.46 | 10.41B |
By Adria Calatayud
The U.K.'s broadcast regulator Ofcom said Thursday that it is to cut BT Group PLC's (BT.A.LN) charges for up to one million landline-only customers following a review.
The regulator said BT agreed to cut bills by seven pounds ($9.24) per month from April 2018, reducing charges by 37% from GBP18.99 to GBP11.99. Ofcom added that it has been concerned that telephone line rental prices have risen, despite wholesale costs falling.
Ofcom also said that two-thirds of the U.K.'s 1.5 million landline-only customers are with BT; 800,000 of them will be automatically protected by the charge reduction while a further 200,000 may also be eligible.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
October 26, 2017 02:41 ET (06:41 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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