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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 | 23,300,181 | 16:35:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Phone Comm Ex Radiotelephone | 20.92B | 1.91B | 0.1916 | 5.50 | 10.48B |
From Apr 2019 to Apr 2024
By Adria Calatayud
U.K. regulator Ofcom said Thursday that it has opened an investigation into BT Group PLC's compliance with its obligations as a broadband universal service provider.
The regulator said it is concerned the U.K. telecommunications company might not be correctly complying with regulatory conditions where it assesses excess costs for a given connection.
Under rules introduced in 2018, customers can request an upgraded connection from BT if they can't receive affordable broadband services with a certain minimum speed, the regulator said. Ofcom's conditions set out how BT should assess the costs of providing a connection.
The regulator said it will now gather evidence and expects to determine its next steps before the end of the year.
BT shares at 0909 GMT were down 2.4% at 103.45 pence.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
October 15, 2020 05:28 ET (09:28 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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