BT Group PLC (BT.L) Key Developments | Reuters.com
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BT Group PLC (BT.L)

BT.L on London Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

UK's CMA publishes determination in broadband appeals involving BT and TalkTalk
Monday, 20 Jun 2016 06:41am EDT 

UK'S Competition and Markets Authority(CMA): Determination in 2 superfast broadband price control appeals has been published . Dismissed BT’s challenges regarding broadband price controls in all but one of the issues it was asked to look at . Agreed with BT that ofcom made error in setting length of relevant compliance period; determined this should be extended to 6 months . Dismissed the challenges in Talktalk’s appeal regarding broadband price controls Further company coverage: (http://bit.ly/28ICG5Q) (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

UK's Ofcom asked to resolve dispute between TalkTalk and BT
Friday, 3 Jun 2016 06:16am EDT 

Ofcom : Uk's ofcom says asked to resolve dispute between talk talk and british telecommunications concerning charges for special fault investigation services . Dispute concerns allegations by talktalk that amounts bt charged it for TRCS & SFIS, in between 1 april 2011- 30 june 2014, were inconsistent with bt's basis of charges obligations (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

BT Group PLC suffers temporary network problems - Reuters
Tuesday, 2 Feb 2016 07:03am EST 

BT Group PLC:BT Group BT.L said large numbers of its customers had lost connection to the Internet on Tuesday, but most were back online in a matter of hours and there were no indications that the failure was due to a malicious attack. - RTRS.A spokeswoman said there was no evidence the problems were caused by any malicious action towards the company, although it was still investigating the cause. - RTRS.  Full Article

Intelsat SA partners with BT Group PLC to support content distribution for BBC World Services across three continents
Monday, 1 Jun 2015 12:00am EDT 

Intelsat SA and BT Group PLC:Confirmed that BT has renewed and expanded services on three Intelsat satellites, spanning Asia-Pacific, Africa and Latin America regions.Say under new multi-year, multi-transponder agreement, BT will leverage capacity from three of Intelsat's satellite neighborhoods to distribute programming for BBC World Service, a provider of global news and content.Say BT will have access to Intelsat's teleport facility in Napa, California along with the company's terrestrial network, IntelsatOne.  Full Article

BT Group PLC gives FY 2016 outlook
Thursday, 7 May 2015 08:07am EDT 

BT Group PLC:Says it continues to expect growth in FY 2016 underlying revenue excluding transit.Expects modest growth in adjusted EBITDA for FY 2016.Reported EBITDA of 6.271 bln Pounds and revenue of 17.851 bln Pounds in FY 2015.FY 2016 EBITDA of 6.304 bln Pounds and revenue of 18.150 bln Pounds - Thomson Reuters I/B/E/S.  Full Article

BT Group PLC proposes final dividend
Thursday, 7 May 2015 02:00am EDT 

BT Group PLC:Proposes final dividend of 8.5 pence, up 13 pct, giving a full year dividend of 12.4 pence, up 14 pct.  Full Article

BT Group PLC announces results of placing
Thursday, 12 Feb 2015 09:35am EST 

BT Group PLC:Completes placing announced earlier on Feb. 12.Says total of 222,000,223 new ordinary shares of five pence each in Company have been placed.Placed by J.P. Morgan Securities plc, which conducts its UK investment banking activities as J.P. Morgan Cazenove, Merrill Lynch International and Goldman Sachs International at a price of 455 pence per Placing Share.Raises proceeds of about 1.0 bln pounds.  Full Article

BT Group PLC announces proposed placing of new ordinary shares
Thursday, 12 Feb 2015 02:00am EST 

BT Group PLC:Proposed placing of new ordinary shares to fund part of cash consideration payable in connection with acquisition of EE Ltd.Its intention to raise about 1.0 bln Pound through an underwritten placing of new ordinary shares of five pence each in company with institutional investors.Placing is being conducted through an underwritten accelerated bookbuilding process which will be launched immediately following this announcement.J.P. Morgan Securities plc, which conducts its UK investment banking activities as J.P. Morgan Cazenove, is acting as Sole Global Co-ordinator, Joint Bookrunner and Joint Corporate Broker in connection with Placing.Merrill Lynch International is acting as joint bookrunner and joint corporate broker in connection with placing.Goldman Sachs International is acting as joint bookrunner in connection with placing.  Full Article

BT agrees definitive terms to acquire EE
Thursday, 5 Feb 2015 02:00am EST 

BT Group PLC:Says it has agreed definitive terms to acquire EE for 12.5 bln pound.Says it is expected to complete before the end of BT's 2015/16 financial year.  Full Article

BT Group PLC reaffirms FY 2015 guidance - Conference Call
Friday, 30 Jan 2015 04:00am EST 

BT Group PLC:Expects FY 2015 underlying revenue, excluding transit, to be broadly level with FY 2014.Expects FY 2015 EBITDA to be between 6.2 bln pounds and 6.3 bln pounds.Says this FY 2015 outlook has not changed from what company announced last May.Reported revenue of 18.287 bln pounds in FY 2014.FY 2015 revenue of 18.212 bln pounds and EBITDA of 6.3 bln pounds - Thomson Reuters I/B/E/S.  Full Article

Deutsche Telekom sees no Brexit impact on BT holding

FRANKFURT, June 24 Deutsche Telekom said on Friday it did not expect a drop in the value of its 12-percent stake in peer BT following a British vote to leave the European Union to weigh on its earnings.