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BT Group PLC (BT.L)

BT.L on London Stock Exchange

229.85GBp
18 Apr 2019
Change (% chg)

-0.85 (-0.37%)
Prev Close
230.70
Open
231.00
Day's High
231.15
Day's Low
228.60
Volume
10,620,296
Avg. Vol
20,362,857
52-wk High
268.60
52-wk Low
194.74

Latest Key Developments (Source: Significant Developments)

BT To Guarantee Debt Obligations Of Unit BT Plc
Wednesday, 27 Mar 2019 

March 27 (Reuters) - BT Group PLC ::BT- WILL GUARANTEE OBLIGATIONS OF UNIT BT PLC UNDER BT PLC'S US DOLLAR-DENOMINATED SEC-REGISTERED BONDS.BT GROUP - WILL ALSO GUARANTEE UNDER BT PLC'S £300 MILLION 8.625% BONDS DUE 2020 AND £600 MILLION 5.75% BONDS DUE 2028.  Full Article

BT Is Considering Deeper Overhaul to Shrink Workforce by 25% - Bloomberg
Wednesday, 27 Mar 2019 

March 27 (Reuters) - :BT SAID TO MULL DEEPER OVERHAUL TO SHRINK WORKFORCE BY 25% - BLOOMBERG.BT IS SAID TO DISCUSS 75,000 HEADCOUNT TARGET - BLOOMBERG.  Full Article

BT Group Says Allison Kirkby To Join BT Board
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - BT Group PLC ::ALLISON KIRKBY TO JOIN BT BOARD.KIRKBY HAS BEEN PRESIDENT & GROUP CEO OF TDC GROUP SINCE DECEMBER 2018.  Full Article

UK's Ofcom Proposed To Designate BT & KCom As UK's Broadband Universal Service Providers
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - BT Group PLC ::UK'S OFCOM - PROPOSED TO DESIGNATE BT AND KCOM AS UK'S BROADBAND UNIVERSAL SERVICE PROVIDERS.UK'S OFCOM - BT, KCOM, HYPEROPTIC SATISFIED ALL CRITERIA; HYPEROPTIC SUBSEQUENTLY WITHDREW INTEREST IN BEING A UNIVERSAL SERVICE PROVIDER.UK'S OFCOM - PROPOSE BT AS UNIVERSAL SERVICE PROVIDER ACROSS WHOLE OF UK EXCLUDING HULL AREA, AND KCOM FOR HULL AREA.  Full Article

BT Group Appoints Kevin Brown As Managing Director Of BT Security
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - BT Group PLC ::BT GROUP PLC - ANNOUNCES APPOINTMENT OF KEVIN BROWN AS MANAGING DIRECTOR OF BT SECURITY.BT GROUP PLC - BROWN SUCCEEDS MARK HUGHES, WHO IS STEPPING DOWN AT END OF THIS YEAR TO TAKE UP A NEW POSITION OUTSIDE OF BT.  Full Article

BT Group Says EE To Switch On 5G Sites In 16 UK Cities In 2019
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - BT Group PLC ::BT GROUP PLC - EE ANNOUNCES 5G LAUNCH LOCATIONS FOR 2019.BT GROUP PLC - IS SWITCHING ON 5G SITES IN 16 UK CITIES IN 2019.BT GROUP PLC - FIRST LAUNCH CITIES FOR 5G WILL BE UK'S FOUR CAPITAL CITIES - LONDON, CARDIFF, EDINBURGH AND BELFAST - AND BIRMINGHAM AND MANCHESTER.BT GROUP PLC - THROUGH 2019 EE WILL ALSO BE INTRODUCING 5G ACROSS BUSIEST PARTS OF TEN MORE UK CITIES.BT GROUP PLC - EE WILL LAUNCH WITH MULTIPLE SMARTPHONE PARTNERS, AS WELL AS AN EE 5G HOME ROUTER WITH EXTERNAL ANTENNA IN 2019.BT GROUP PLC - EE IS UPGRADING TRANSMISSION TO 10GBPS LINKS AT EACH 5G SITE, AND HAS TESTED NEW LINKS.  Full Article

UK's Ofcom Says Opens Investigation Into Vodafone And EE, Relating To Mobile Coverage Claims
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - :UK'S OFCOM SAYS OPENS INVESTIGATION INTO VODAFONE AND EE, RELATING TO MOBILE COVERAGE CLAIMS.  Full Article

BT signs MoU with Europol To Share Knowledge About Major Cyber Threats And Attacks
Tuesday, 15 May 2018 

May 15 (Reuters) - BT Group PLC ::BT GROUP PLC - BT JOINS FORCES WITH EUROPOL TO BUILD A SAFER CYBER SPACE.BT GROUP - SIGNED MOUWITH EUROPOL, THE EUROPEAN UNION AGENCY FOR LAW ENFORCEMENT CO-OPERATION, TO SHARE KNOWLEDGE ABOUT MAJOR CYBER THREATS AND ATTACKS.  Full Article

BT Says To Close Its Defined Benefit Pension Scheme
Monday, 19 Mar 2018 

March 19 (Reuters) - BT Group Plc ::BT TO CLOSE DEFINED BENEFIT PENSION SCHEME.FUTURE PENSION BENEFITS FOR ACTIVE BT PENSION SCHEME MEMBERS TO MOVE TO AN ENHANCED DEFINED CONTRIBUTION SCHEME.‍AGREES WITH CWU TO ESTABLISH A 'HYBRID' PENSION SCHEME, COMBINING ELEMENTS OF BOTH DEFINED BENEFIT AND DEFINED CONTRIBUTION SCHEMES​.REACHED AN AGREEMENT WITH COMMUNICATION WORKERS UNION ON FUTURE PENSION ARRANGEMENTS FOR 20,000 NON-MANAGEMENT EMPLOYEES.ALSO CONFIRMED A NUMBER OF IMPROVEMENTS TO BENEFITS FOR EMPLOYEES ALREADY IN BTRSS, BT'S PRIMARY PENSION SCHEME FOR NEW JOINERS SINCE 2009.HAS DECIDED TO CLOSE ITS DEFINED BENEFIT SCHEME, CALLED BT PENSION SCHEME (BTPS), TO FUTURE BENEFITS IN EARLY SUMMER 2018​.‍BENEFITS ACCRUED IN BTPS FOR SERVICE PRIOR TO 1 JUNE 2018 REMAIN PRESERVED WITHIN BTPS​.AGREED A TWO-YEAR PAY DEAL WITH CWU, FOR TEAM MEMBERS, WHICH WILL SEE A 3% INCREASE BOTH THIS YEAR AND IN 2019.‍UPDATED ITS PLANS AND WILL MAKE ADDITIONAL TRANSITION PAYMENTS TO ALL EX-BTPS TEAM MEMBERS MOVING INTO BTRSS​.‍BT AND CWU HAVE AGREED TO WORK TOGETHER TO ESTABLISH A NEW 'HYBRID' PENSION ARRANGEMENT OVER COMING YEAR FOR TEAM MEMBERS LEAVING BTPS​.AGREEMENT WITH CWU PROVIDES PAY CERTAINTY FOR BT AND ITS TEAM MEMBERS UNTIL APRIL 2020.‍HYBRID SCHEME IS INTENDED TO OFFER EMPLOYEES LESS INVESTMENT RISK OVER LONGER TERM AND WILL BE SEPARATE FROM BTPS.​.  Full Article

BT Group Names Michael Sherman As Chief Strategy And Transformation Officer‍​
Wednesday, 14 Mar 2018 

March 14 (Reuters) - BT Group Plc ::MICHAEL SHERMAN TO BECOME BT'S CHIEF STRATEGY AND TRANSFORMATION OFFICER‍​.  Full Article

PRESS DIGEST- British Business - April 1

April 1 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.