BT Group PLC

LON100:BT-A, Oct 24, 08:00 UTC FTSE 100 real-time data - Disclaimer Currency in GBP

Latest LON100:BT-A News

Filter your feed

Settings

Authority
General News Provider Financial News Provider
Relevance
More Stories Less News
Focus (count of companies in a story)
Very Focused Everything

Save Changes

Want more control? Try Elite for free

You can sign up for an elite account now and get news filtering + many more benefits including:

  1. Greater Coverage
  2. More Control
  3. Access to our Opportunity Index
Become Elite I'm not interested
News

BT share price: Analysts flag drop in telco’s pension deficit

BT-A

The comments come amid expectations for an upcoming rate hike by the Bank of England (BoE). BT share price: Analysts flag drop in telco’s pension deficit. RBC Capital Markets’ comments came as the analysts reiterated their ‘outperform’ stance on the former telecoms monopoly, valuing the shares at 410p. The analysts argue that with an increased chance that the BoE will hike interest rates, the former telecoms monopoly would be within its rights to increase its discount rate, or the critical reference rate linked to bond yields.

Read Full Details

Story Sources

invezz.com
Topics:
  • Business
  • Financial
News

EE Wins the P3 Connect Mobile Benchmark in UK

VOD VOD +1 more VOD VOD BT-A

Vodafone ranks second with an overall score of 818 and grade of "good". Three comes in third with an overall score of 754 and the grade "good". In Belfast, EE leads over Vodafone, while O2 scores higher than Three thanks to strong voice results. Three performed strongly in the voice tests conducted in smaller towns and on connecting roads as well as in the data category in towns.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

BT reveals plans to move call centre jobs back to Wales from India - Wales Online

BT-A

BT reveals plans to move call centre jobs back to Wales from India. 20:51, 23 Oct 2017. More call centre jobs could be returning to Wales from India, BT has revealed. Endorsing the city’s importance to BT he added: “ Swansea has worked out perfectly for BT people here are full of enthusiasm and there’s a lot of talent and experience in the area, people have come here from Virgin, from Admiral centres and from outside of the centre, they are attracting a lot of people with ambition. He said: “I think that there could be more jobs in the future.

Read Full Details

Story Sources

walesonline.co.uk
Topics:
  • Business
  • Financial
  • Science
News

In a first, 2 state univs to start hybrid Bt cotton seed production - The Times of India on Mobile

BT-A

Mumbai: In a first, two state-run agriculture universities will start production of hybrid Bt cotton seeds from 2018. Scientists said this is the first such production by any state in India and hailed the development as a disruptor in the multi-crore market for genetically modified Bt cotton seeds in Maharashtra, one of the largest cotton-producing states. PDKV senior research scientist Dr T H Rathod said they had developed a Bollguard (BG)II Bt cotton seed and BGI Bt cotton seed and have got permission from the central government's Genetic Engineering Approval Committee (GEAC). "Once government agencies come out with their own seeds, demand for private seeds is bound to dwindle," said Rathod. He said they tied up with Maharashtra State Seed Corporation Ltd for multiplication of seeds and marketing.

Read Full Details

Topics:
  • Business
  • Technology
  • Financial
  • Science
News

BT to cut around 130 jobs in Germany - Frankfurter Allgemeine

BT-A

BT to cut around 130 jobs in Germany - Frankfurter Allgemeine. L), Britain's biggest telecoms group, plans to cut about 130 jobs in Germany, Frankfurt Allgemeine Zeitung reported, citing Germany chief Stefan Hirscher. A spokesman for BT's Germany operations said management and labour representatives were in talks about a package of measures, including job cuts, but final decisions have not yet been taken. BT said in May it would cut 4,000 jobs from its Global Services division, group functions and technology operations after an accounting scandal in Italy and a profit warning.

Read Full Details

Story Sources

uk.reuters.com
Topics:
  • Business
  • Financial
News

BT to cut around 130 jobs in Germany - Frankfurter Allgemeine

BT-A

BT to cut around 130 jobs in Germany - Frankfurter Allgemeine. Two thirds of the affected positions will be shifted to lower-cost Hungary and a third will be scrapped entirely, the German newspaper said in a preview of an article to be published in Tuesday's edition. BT said in May it would cut 4,000 jobs from its Global Services division, group functions and technology operations after an accounting scandal in Italy and a profit warning. A spokesman for BT's Germany operations said management and labour representatives were in talks about a package of measures, including job cuts, but final decisions have not yet been taken.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

BT pension deficit could reduce by £4.4bn as expectations of an interest rate hike mount

BT-A

BT pension deficit could reduce by £4.4bn as expectations of an interest rate hike mount. BT is currently undergoing a standard three-yearly valuation of its pension scheme (Source: Getty). Increasing the discount rate together with changes in life expectancy assumptions could dramatically reduce the pension scheme's liabilities, RBC calculated. BT's pension scheme is one of a number of mouths the telecoms needs to feed with cash, with some investors worried the firm's prized dividend could be under pressure.

Read Full Details

Story Sources

cityam.com
Topics:
  • Business
  • Financial
News

Broadband providers 'seek to challenge BT's 10Mbps USO plan'

BT-A

Several leading broadband providers are reportedly seeking to challenge BT's plan to deliver universal high-speed broadband across the UK. While no final decision will be made following a consultation on the proposed USO, the Times reports that Sky Broadband, TalkTalk and Hyperoptic would be willing to challenge the plan if it is approved by ministers. 1 week agoVirgin Media offers discount on... 1 week agoVoice controls and favourites...

Read Full Details

Story Sources

uswitch.com
Topics:
  • Business
  • Financial
  • Science
News

BT confirms free speed upgrades to broadband customers

BT-A

BT is to boost broadband speeds for more than a million fibre customers free of charge. 1m fibre customers to see maximum speeds raised to 76Mbps. Sign up to the uSwitch emails. 1 week agoVirgin Media offers discount on...

Read Full Details

Story Sources

uswitch.com
Topics:
  • Business
  • Financial
  • Science
News

Intel/Saffron AI Plan Sidesteps Deep Learning - EE Times Asia

BT-A

Saffron, an Intel company, use the AI technology called Associative Memory AI, which is a different branch of artificial intelligence from Deep Learning. — Intel’s $1 billion investment in the AI ecosystem is one of the well-publicized talking points at the processor company. Earlier this week, EE Times had a chat with Elizabeth Shriver-Procell, director, financial industry solutions at Saffron Technology, to learn about the AI technologies behind Saffron’s product, and what she sees as Saffron’s gain in becoming an Intel company. EE Times: So before coming to Saffron, did you use Saffron’s products?

Read Full Details

Story Sources

eetasia.com
Topics:
  • Business
  • Science
News

UK government backs BT in dispute with Ofcom

BT-A

Culture secretary Karen Bradley wrote to Ofcom chief Sharon White saying the regulator should reassess charge controls on Openreach, warning that price suppression could disincentivise investment in infrastructure. Ofcom has been locked in a long process with Openreach which led the regulator to force BT to split its infrastructure arm into a legally separate entity earlier this year. It argues caps to wholesale prices will restrict its ability to make back its investment and pour money into new services. Ofcom also planned to bring in price controls on existing superfast services next year, by looking to cut wholesale prices by up to 40% for service packages of 40Mbps.

Read Full Details

Story Sources

capacitymagazine.com
Topics:
  • Business
  • Financial
  • Science
News

Digital Scotland Rollout Brings "Fibre Broadband" to 800,000 Extra Premises - ISPreview UK

BT-A

The £428m Digital Scotland (DSSB) project with BT (Openreach) has said they’re on-course to extend fixed line “fibre broadband” (FTTC/P) coverage to 95% of Scottish homes and businesses by the end of 2017. So far they’ve reached a total of 800,000 additional premises since the scheme began. Back in June 2017 the programme announced that 90% of premises in Scotland had the ability to order a “superfast broadband” (30Mbps+) connection if they wanted (here) and related coverage is now reaching towards 92%, although we have our doubts about whether 95% can be achieved by the end of 2017 as per the SNP manifesto (note: the Digital Scotland website actually pegs completion for March 2018). By the end of this year 95 per cent of UK properties will have access to superfast speeds, but more needs to be done to make sure no-one is left behind. We know just how important broadband is in the digital age, and we’ll continue to support Digital Scotland delivering on the ground so that by 2020 everyone in Scotland, and the rest of the UK, will have access to a fast, reliable and affordable internet connection.

Read Full Details

Story Sources

ispreview.co.uk
Topics:
  • Business
  • Financial
  • Science
News

Big UK ISPs in Legal Threat Opposing BT's £600m 10Mbps Broadband USO - ISPreview UK

BT-A

However a new report in The Times, which stems from an industry source, claims that Sky Broadband, TalkTalk, Hyperoptic and Gigaclear have been taking legal advice and might launch a legal challenge if the Government adopts BT’s voluntary proposal instead of a true mandatory and “legally binding” USO. Several ISPs, including Sky Broadband, TalkTalk, Hyperoptic and Gigaclear, are reported to be considering a possible legal challenge if the Government chooses to adopt BT’s voluntary proposal to deliver a 10Mbps minimum broadband speed across the UK by 2020. At present the Government’s Broadband Delivery UK programme estimates that around 98% of premises across the United Kingdom should be within reach of a 24Mbps+ capable “superfast broadband” connection by around 2020, which would leave the remaining 2% to be catered for by a new “legally binding” 10Mbps+ Universal Service Obligation (USO). So far the Government has continued to say that they want a “legally binding” USO and as a result no firm agreement with BT has yet been established, although it’s looking more likely that a deal will be done and the devil could thus be in the detail. If BT persuades the government to ignore the legal framework, they could face years in court.

Read Full Details

Story Sources

ispreview.co.uk
Topics:
  • Business
  • Financial
  • Science
Price

BT Group PLC (LON100:BT-A) price changed by 1.20% to 273.95

BT-A
News

DAILY BRIEFING: BT to overhaul international division

BT-A

ITALIAN TROUBLE Telecoms firm BT is poised to overhaul its international division in the wake of an accounting scandal in Italy and other costly setbacks. Published: 08:00, 23 October 2017 | Updated: 08:01, 23 October 2017. BT to overhau international division. PROFIT THREAT The number of companies posting profit warnings has risen to its highest level in nearly six years. BIG PAYOUTS Third-quarter dividend payouts reached £28.5bn, up 14.3pc on the year before.

Read Full Details

Story Sources

thisismoney.co.uk
Topics:
  • Business
  • Financial