Bt Share Discussion Threads

[neilyb675] 23/12/2019 15:37

BlackRock increased

[alphorn] 23/12/2019 15:16

That would suit me well but post #620 is very valid.

[bargainbob] 23/12/2019 15:06

Agree monty .

[montyhedge] 23/12/2019 14:14

After ex div Friday, I see 193p.

[rogerrail] 22/12/2019 09:31

I wonder, would the FD buy such a large chunck of shares if there was a threat to the dividend?

[pngasef] 20/12/2019 13:01

CFO bought 318K shares yesterday, great show of strength!!

[4spiel] 19/12/2019 13:57

Well at least now the company is not to be nationalised so some more reason to hold on to the shares! Would be helpful now if Government were more supportive with it doing so well that risk will go forever. But equally we must also make it difficult for our assets to be sold off to foreign enterprises than then are exploitative like The sad sale of Cadbury.

[peter2164] 19/12/2019 13:25

Queens speech promises legislation to support Gigaspeed Broadband
Broadband Legislation

The purpose of the legislation is to:
● Roll out gigabit capable broadband across the UK to achieve nationwide coverage as soon as possible so people can reap the huge benefits of the fastest, most secure and most resilient internet connections, regardless of where they live.

● Make it easier for telecoms companies to install broadband infrastructure in blocks of flats.

● Ensure that all new homes are built with reliable and fast internet speeds.

The main benefits of the legislation would be:
● Faster speeds (one gigabit, i.e. 1,000 megabits per second) boosting productivity, driving innovation in our public services and giving people the fast connectivity they need to access equal opportunities and reap the benefits of the digital revolution.

● Increasing download speeds with a gigabit-capable network, which are more than 30 times the speed of superfast broadband and will allow you to download a HD film in fewer than 45 seconds.

● Faster and more reliable internet connections for people living in flats. New measures will also ensure that all new homes are built with the fastest connectivity available, increasing certainty for businesses investing in gigabit speed networks and making it easier for people to switch to better broadband deals.

The main elements of the legislation are:
● Creating a cheaper and faster light-touch tribunal process for telecoms companies to obtain interim code rights (or access rights) for a period of up to 18 months. This will mean that they can install broadband connections where the landlord has failed to respond to repeated requests for access.

● Amending the Building Act 1984 so that Building Regulations require all new build developments to have the infrastructure to support gigabit-capable connections.

● Requiring for developers to work with broadband companies to install gigabit-capable connections in virtually all new build developments, up to a cost cap.

Territorial extent and application
● The Bill’s provisions extend and apply to the whole of the UK. Telecommunications is a reserved matter.

OTHER MEASURES
● To ensure that no part of the country is left without next-generation broadband, the Government has recently pledged £5 billion to support the rollout of gigabit-capable broadband in the hardest to reach 20 per cent of the country.

● In the two years to 2021 we are already investing £650 million to stimulate the market to deploy gigabit capable connections in urban and rural areas through:

○ The £400 million Digital Infrastructure Investment Fund.
○ The £200 million Local Full Fibre Networks Programme which funds locally-led full fibre projects.
○ The £200 million Rural Gigabit Connectivity Programme which will deploy gigabit capable broadband to local hubs in rural areas, starting with primary schools.
○ The £67 million Gigabit Broadband Voucher Scheme.

● To further support the commercial environment for investment, the Government laid its Statement of Strategic Priorities for Ofcom in Parliament, formally confirming the regulation needed to maximise the deployment of gigabit broadband.

● The Government has spent £1.8 billion bringing superfast broadband to over 96 per cent of the country, with thousands of homes and businesses connected each week.

● Not all areas of the country have decent broadband. To tackle this the Government has introduced the Universal Service Obligation of 10 megabits per second. This is due to come into force in March next year and will give every home and business the legal right to request a decent connection up to a Reasonable Cost Threshold of £3,400 per premise.

Key facts
● One in seven people in the UK live in flats or apartments and it is estimated there are 450,000 blocks of flats in the UK.

● 40 per cent of operators’ requests seeking access from a landlord receive no response.

● It is estimated that operators will connect an extra 3,000 properties a year as a result of the Leasehold Property Bill.

● 22 per cent of new build developments in 2019 have been built without a gigabit-capable connection.

● 40,000 new homes are built a year without full fibre.

● A gigabit-capable network connection is one that is capable of achieving 1,000 megabits per second, i.e. 1 gigabits per second, download speeds.

[teamwork1] 19/12/2019 09:16

I'm out wait for the drop for ex dividend

[bargainbob] 18/12/2019 13:26

Back under two pound ex divi day.

[eisler] 18/12/2019 13:19

Well if that was our BoJo bounce, I am decidedly underwhelmed...

[grupo] 16/12/2019 11:44

BT Group PLC (BT.A.LN) said Monday that it has agreed to sell its Spanish-managed information and communications technology services business to funds managed by Portobello Capital for an undisclosed sum.

The sale, which remains subject to regulatory approval, is expected to close in the first half of 2020, the British telecommunications said. BT said the deal is part of the continuing transformation of its global services unit.

The business generated revenue of 230 million pounds ($306.5 million) in the year ended March 31 and serves around 600 major enterprises, BT said.

Following the disposal, BT will retain a presence in Spain with offices in Madrid and Barcelona, access points to connect to its global network and its cybersecurity-operations center, it said.

Shares at 1106 GMT were up 2% at 205.80 pence.



Write to Adria Calatayud at [e-mail]



(END) Dow Jones Newswires

December 16, 2019 06:24 ET (11:24 GMT)

[toon1966] 15/12/2019 12:00

BT strikes deal to sell Spain business - local report - [...]

[tewkesbury] 15/12/2019 11:07

Check out micro cap telecoms company Toople (TOOP) possible 200x bagger.

[tornado12] 14/12/2019 09:58

Here.. here bbk, don’t know what Stobbart is taking but should change his medication. Great win for the country and good news for BT. Expect a bright BB future in 2020

[bkkbkk] 14/12/2019 08:09

GEORGE STOBBART

LISTERN TO THE BRISTISH PUBLIC
IN CASE YOU NOT UNDERSTAND BORIS WON BECAUSE THE PEOPLE WANT HIM

THEY DO NOT WANT LABOUR
NEXT ELECTION VOTE TORY LETS GET THEM 400 SEATS NEXT TIME :)

[teamwork1] 13/12/2019 19:44

https://www.proactiveinvestors.co.uk/LON:BT.A/BT-Group-PLC/

[bargainbob] 13/12/2019 18:50

Looking at Monty in a new light . Hiding behind a hedge.

A profit a profit m8.

[teamwork1] 13/12/2019 17:14

And he was saying 2.15 muppet

[bargainbob] 13/12/2019 16:00

What about the divi mate , your reason for buying .

[bargainbob] 13/12/2019 15:22

Agree poor pick by Monty .lol

[chiefbrody] 13/12/2019 15:19

Yup gotta say tad underwhelmed by todays rise.Seems BT still the sick dog of the FTSE100.2020 has to be better.

[hasin] 13/12/2019 15:10

VNP, Of course i've thought it through now thats initially £30
annual salary per policeman over 4 years rising to a total of
£80 million over 4 years Lol!
Good riddance the commy bums.