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BT.A Bt Group Plc

104.40
-0.85 (-0.81%)
Last Updated: 16:20:27
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
  -0.85 -0.81% 104.40 104.35 104.40 105.75 104.30 105.40 13,425,026 16:20:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.45 10.39B

Ofcom to Cut Charges for Up to 1 Million BT Landline-only Customers

26/10/2017 7:56am

Dow Jones News


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   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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