BT Group PLC (BT.L)
LONDON Britain's telecoms regulator will go to the European Commission to try to force BT to legally separate Openreach, the division that supplies broadband to millions of homes and businesses, in a major reform aimed at spurring investment in the country's aging network.
* Ofcom to go to Europe to try to force legal separation of Openreach
* "We note Ofcom's announcement this morning, updating on next steps of digital communications review"
LONDON, Nov 29 British telecoms regulator Ofcom said on Tuesday it was preparing to go to the European Commission to try to force BT to legally separate its networks division Openreach after the two sides failed to come to a voluntary agreement.
Nov 29 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Nov 28 BT Group Plc said Mike McTighe, former board member of Ofcom, has been appointed the first chairman of Openreach, BT's fixed network business.
LONDON Britain will provide 400 million pounds ($500 million) of funding to spur the building of more fiber-to-the-home broadband connections, the "gold standard" of speed in excess of 1 gigabyte per second only available now to 2 percent of premises.
* Airwaves for mobile broadband to be sold in 2.3 ghz and 3.4 ghz bands
(The following statement was released by the rating agency) LONDON, November 17 (Fitch) Fitch Ratings has affirmed BT Group plc's (BT) Long-Term Issuer Default Rating (IDR) at 'BBB+'. The Outlook is Stable. A full list of rating actions is below. BT's ratings take into account its solid incumbent telecom position in the competitive UK telecoms market following its acquisition of EE, and its strong cash flow generation and conservative leverage relative to European incumbent peers. KEY RATIN
* CEO says currently not in any discussions about BT stake Further company coverage: (Frankfurt Newsroom)