Funnily enough its Deutsche Telecom that has been associated with possible takeover of BT - goes back some years as well.
TUPE lasts for ever!Any takeover must not disadvantage the existing employment conditions enjoyed by the employee...and it extends to their pension rights.
Those of you waiting for a full split of OR from BT, beware what you wish for. Sky is in the wings, waiting for the opportunity for a takeover. Never say never. and don't quote competition rules. Murdoch rules ok.
Sharon White on BBC this am - not sure she understand what a telephone is, let alone broadband.
Great news about Jan du Plessis taking over as Chairman this year.His appointment will strengthen BT and his international M&A experience including leading the negotiations for SABMiller's Â£79 billion takeover by ABInBev could be very very useful if/when BT is absorbed by AT&T or one of the other global players.The future is going to be better than the recent past!Good luck to Jan and all fellow investors.
LOL. The 'takeover' word has raised its head again in our evening rag !
There were rumours years ago Google would takeover BT, Ofcom would love it. Pension funds wiped out with pocket money from Google massive funds.
Come on Google 500p will do it.
Then, China Tel will undertake an elusive takeover
Terms of BT's EE buy-out stipulate that Deutsche Telekom cannot hold more than 15 per cent of BT shares for three years after the deal closes.
But, in 2019 the chances of a German takeover of the UK incumbent telco will be high.
Unclear what would happen if the UK votes to leave the EU in this year's referendum.
Did the market think it was Enron? No, the cables are real, the internet works only issue is if management can steer those assets to the greater good but even if not there's takeover risk to someone who will. Pension, not a real risk only if you believe mathematical models. In reality the world could blow up tomorrow if you really want to take a down view. Let's see where it goes, market will decide.
Would anyone consider a takeover bid?
possible takeover bid?
At the right price I suppose ;-)
'BT could face a Teutonic takeover in 2019'
This was the story about a year ago. Why can't DT buy BT with the pound weaker shares at a 3 year low. This is a bargain.http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/telecoms/11657862/BT-seen-as-likely-takeover-target-for-Germans.html
Who would they sell the 12% stake to. That would make BT a takeover target. Someone big Apple, Google, T Mobile. Time Warner, China Telecom.I would take 550p a share.
BT Group's shares were a sell for Questor in the Sunday Telegraph. Dividends and solid demand have always been the attraction at BT, but concerns about its long-running attacks by a regulator cheered on by rivals and a fast-growing pensions deficit make the risks outweigh the reward. The deficit swelled by ÃÂ£3.3bn in the last quarter and analysts warn the company could need to increase its current deficit payments by ÃÂ£1bn a year to plug the gap.
Cutting out the effect of its newly acquired EE mobile arm, BT's underlying revenue growth was an unattractive 1% in the recent quarter, with mobile data around a third cheaper than half a decade ago as voice call prices also wane. A growing worry for investors is the threat of competition, with TalkTalk likely to become more of a worry if rumours about a takeover by Vodafone or France's Iliad come to fruition. Broadband provider CityFibre is also growing at a rapid pace and has some heavyweight supporters on its register.
Alternative broker views albeit before results, which were excellent!
18-Oct-16 Goldman Sachs Buy Current 384.65p Target 560.00p Reiteration
10-Oct-16 Berenberg Bank Buy Current 373.00p Target 506.00p Reiteration
No doubt Deutsche bank will be back shortly to drop it's price target again soon to support a possible takeover by Deutsche Telecom of part or all of BT (pure cheeky guesswork of course), we will see.
monty no;1...is that the takeover price?...
All I know is when a pcp had to be moved recently OR were not allowed to use the DSLAM duct as BT owned it. Which implies BT own all ducts between pcp and dslam.
Openreach may well have invoked this ruling themselves - what use would the duct be other than to add further ties in the future anyway? It doesn't necessarily imply that BT owns the duct. I've tried to find out for sure who owns the U/G infrastructure, but have so far been unsuccessful. I'm off today, but will enquire tomorrow (if circumstances permit).
Is duct ownership the only reason you posted yesterday, that BT are to takeover the installation & maintenance of DSLAMs from Openreach, or have you read something more substantial - if so, what?
monty no;1...in the 90's BT was always on speculation of cross Atlantic merger/takeover by a US telecoms....it is only a matter of time....think a mega deal within Telecoms or Financial sector is ripe whilst rates & valuations are at lows....or that is the perception..
Well the lower it goes the less chance there is of BT investing ÃÂ£6b in infrastructure. Could sway Ofcom? Price hitting silly money now and a takeover easily on the cards!
But somebody really keeping that chart downside intact...when does BT become a takeover target by a US telecom?.....or is there just too much red tape & regulation that would deter any bidders...