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BT.A Bt Group Plc

105.40
0.70 (0.67%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.70 0.67% 105.40 104.90 105.00 105.65 103.50 104.30 18,175,245 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.47 10.43B

BT Subsidiary to Limit Investment of UK Fiber Network as Costs Soar, FT Reports

23/11/2022 7:48am

Dow Jones News


Bt (LSE:BT.A)
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From Apr 2022 to Apr 2024

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--BT Group subsidiary Openreach is to limit the investment rollout of ultrafast fiber broadband in the U.K. as the company seeks to curb costs amid inflationary pressures, the Financial Times reports, citing a letter.

--Openreach warned suppliers that they will face a financial impact as the group implements plans to tighten the timing of investment to build a "narrower and deeper" fiber broadband network, and that it won't commit capital to projects further than six months out, FT reports.

 

Full story: https://on.ft.com/3U1s4C3

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

November 23, 2022 02:33 ET (07:33 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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