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BT Group PLC (BT.L)

BT.L on London Stock Exchange

252.50GBp
7 Dec 2018
Change (% chg)

-0.50 (-0.20%)
Prev Close
253.00
Open
254.15
Day's High
260.25
Day's Low
252.50
Volume
28,403,789
Avg. Vol
25,172,762
52-wk High
278.90
52-wk Low
201.25

Latest Key Developments (Source: Significant Developments)

BT To Strip Huawei Equipment From Its Core 4G Network - FT
Tuesday, 4 Dec 2018 11:07pm EST 

Dec 4 (Reuters) - :BT TO STRIP HUAWEI EQUIPMENT FROM ITS CORE 4G NETWORK - FT.BT HAS EXCLUDED HUAWEI FROM BIDDING FOR CONTRACTS TO SUPPLY EQUIPMENT FOR USE IN ITS CORE 5G NETWORK - FT.  Full Article

Ofcom Fines EE And Virgin Media For Overcharging Some Customers
Friday, 16 Nov 2018 02:00am EST 

Nov 16 (Reuters) - :OFCOM SAYS EE AND VIRGIN MEDIA FINED FOR OVERCHARGING.OFCOM - FINES EE £6.3M AND VIRGIN MEDIA £7M FOR BREAKING CONSUMER PROTECTION RULES.16-Nov-2018 02:03:01 AM - OFCOM SAYS EE AND VIRGIN MEDIA LEVIED EXCESSIVE CHARGES TO CUSTOMERS WHO ENDED THEIR CONTRACTS EARLY.16-Nov-2018 02:04:36 AM - OFCOM - OVER 6-YR PERIOD, TERMS APPLYING TO EE'S 'DISCOUNT CONTRACTS' DIDN'T SET OUT CHARGES CUSTOMERS WOULD PAY IF THEY ENDED CONTRACTS EARLY.16-Nov-2018 02:04:58 AM - OFCOM - FOUND UP TO 15 MLN DISCOUNT CONTRACTS FOR EE'S MOBILE, LANDLINE AND BROADBAND CUSTOMERS REQUIRED THEM TO PAY EXCESSIVE EARLY EXIT CHARGES.16-Nov-2018 02:05:27 AM - OFCOM - FOR ALMOST A YEAR, VIRGIN MEDIA LEVIED EARLY-EXIT CHARGES HIGHER THAN CUSTOMERS HAD AGREED TO WHEN SIGNING UP TO THEIR RESIDENTIAL CONTRACTS.16-Nov-2018 02:06:05 AM - OFCOM - VIRGIN MEDIA OVERCHARGED ALMOST 82,000 CUSTOMERS WHO LEFT THEIR CONTRACTS EARLY, BY TOTAL OF JUST UNDER £2.8M - AN AVERAGE OF £34 PER PERSON.  Full Article

BT says no major shareholder pressing for Openreach divestment
Thursday, 1 Nov 2018 04:27am EDT 

Nov 1 (Reuters) - BT Group PLC ::CEO SAYS WILL HAND OVER A BUSINESS BASED ON SOLID FOUNDATIONS.CEO SAYS LONDON HQ IS NOW ON THE MARKET.CEO SAYS OPENREACH PRICE DISCOUNTS RESULTED IN A RISE IN INTENSITY IN COMPETITION BUT WITHIN ITS PLANNED PARAMETERS.CEO SAYS PLEASED WITH PROGRESS SO FAR, DETERMINED TO HAND OVER BUSINESS WITH MOMENTUM.CEO SAYS NO FIRE SALE IN GLOBAL SERVICES, BUT BUSINESS NEEDS TO BE SIMPLIFIED.CEO SAYS OPENREACH IS BETTER MANAGED FOR ALL STAKEHOLDERS AS PART OF THE BT GROUP.CEO SAYS NO MAJOR SHAREHOLDER IS PRESSING US TO SEPARATE OPENREACH FROM THE BUSINESS.  Full Article

BT, Sky Extend Partnership In UK And Ireland
Wednesday, 31 Oct 2018 03:11am EDT 

Oct 31 (Reuters) - BT Group PLC ::SKY AND BT EXTEND PARTNERSHIP IN UK AND IRELAND.BT AND SKY EXTEND AND EXPAND THEIR OVERALL PARTNERSHIP FOR CROSS-SUPPLY OF CONTENT.BT AND SKY ANNOUNCE A NEW AND EXCLUSIVE SPORTS RIGHTS PARTNERSHIP IN IRELAND.CO, SKY ANNOUNCED LONG TERM EXTENSION AND EXPANSION TO OVERALL CONTENT CROSS-SUPPLY DEAL PREVIOUSLY ANNOUNCED IN UK IN DECEMBER.AS PART OF THE NEW ARRANGEMENT, SKY WILL BECOME BT’S EXCLUSIVE DISTRIBUTION PARTNER IN IRELAND.  Full Article

BT Security Head Mark Hughes Quits After 16 Years- FT
Monday, 29 Oct 2018 11:25am EDT 

Oct 29 (Reuters) - :BT SECURITY HEAD MARK HUGHES QUITS AFTER 16 YEARS- FT.  Full Article

BT Group Appoints Matthew Key Non-Executive Director
Thursday, 25 Oct 2018 02:00am EDT 

Oct 25 (Reuters) - BT Group PLC ::MATTHEW KEY TO JOIN BT BOARD.MATTHEW KEY IS TO JOIN BT BOARD AS A NON-EXECUTIVE DIRECTOR.HIS APPOINTMENT TAKES IMMEDIATE EFFECT.  Full Article

BT Group Names Worldpay's Philip Jansen As CEO
Thursday, 25 Oct 2018 02:00am EDT 

Oct 25 (Reuters) - BT Group PLC ::BT ANNOUNCES PHILIP JANSEN AS CHIEF EXECUTIVE.PHILIP JANSEN WILL JOIN COMPANY AND BE APPOINTED TO BOARD AS AN EXECUTIVE DIRECTOR ON 1 JANUARY 2019.PHILIP JOINS FROM WORLDPAY.FOLLOWING A HANDOVER PERIOD PHILIP JANSEN WILL TAKE OVER FROM GAVIN PATTERSON AS CHIEF EXECUTIVE ON 1 FEBRUARY 2019.  Full Article

BT Launches Direct Connectivity To Google Cloud
Thursday, 18 Oct 2018 05:01am EDT 

Oct 18 (Reuters) - BT Group PLC ::BT LAUNCHES DIRECT CONNECTIVITY TO GOOGLE CLOUD.LAUNCH OF NEW SERVICE TO PROVIDE ORGANISATIONS WITH ACCESS TO GOOGLE CLOUD PLATFORM.  Full Article

BT Group Transfers 31,000 Employees To Openreach
Monday, 1 Oct 2018 04:49am EDT 

Oct 1 (Reuters) - BT Group PLC ::BT GROUP PLC - COMPLETES THE TRANSFER OF 31,000 EMPLOYEES TO OPENREACH.  Full Article

65.84 Pct Of BT Shareholders At AGM Vote In Favour Of Directors' Remuneration Report
Wednesday, 11 Jul 2018 07:41am EDT 

July 11 (Reuters) - BT Group PLC ::BT GROUP PLC - 65.84 PERCENT VOTES AT EGM IN FAVOUR OF RESOLUTION FOR APPROVAL OF DIRECTORS' ANNUAL REMUNERATION REPORT FOR YEAR ENDED 31 MARCH 2018.BT - IN REMAINDER OF 2018 ,CO TO ENGAGE FURTHER WITH SHAREHOLDERS AND PROXY ADVISERS TO UNDERSTAND REASONS FOR CONCERNS OVER REMUNERATION REPORT.BT - LOWER LEVEL OF SUPPORT FOR REMUNERATION REPORT MOSTLY ATTRIBUTABLE TO ANNUAL BONUS PAYMENT TO CHIEF EXECUTIVE FOR 2017/18 PERFORMANCE YEAR.  Full Article

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BT to strip China's Huawei from core networks, limit 5G access

LONDON Britain's BT Group said on Wednesday it was removing Huawei Technologies' equipment from the core of its existing 3G and 4G mobile operations and would not use the Chinese company in central parts of the next network.