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BT Group PLC (BT.L)

BT.L on London Stock Exchange

162.84GBp
20 Aug 2019
Change (% chg)

-4.54 (-2.71%)
Prev Close
167.38
Open
167.20
Day's High
167.54
Day's Low
162.34
Volume
16,662,677
Avg. Vol
22,296,562
52-wk High
268.60
52-wk Low
162.34

Latest Key Developments (Source: Significant Developments)

BT Group Announces Intention To Deregister From U.S. SEC
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - BT Group PLC ::BT GROUP PLC - BT ANNOUNCES INTENTION TO DEREGISTER FROM SEC.BT GROUP - BT INTENDS TO DELIST ITS AMERICAN DEPOSITARY SHARES FROM NEW YORK STOCK EXCHANGE AND TERMINATE ITS AMERICAN DEPOSITARY RECEIPT PROGRAMME.BT GROUP PLC - BT INTENDS TO FILE A FORM 25 WITH US SECURITIES AND EXCHANGE COMMISSION (SEC) ON 3 SEPTEMBER 2019.BT GROUP PLC - BT INTENDS TO DEREGISTER ITS EQUITY SECURITIES AND REGISTERED DEBT SECURITIES OF ITS SUBSIDIARY, BRITISH TELECOMMUNICATIONS PLC.BT GROUP PLC - EXPECTS DELISTING WILL BECOME EFFECTIVE FOLLOWING CLOSE OF MARKET IN NEW YORK ON 13 SEPTEMBER 2019.BT GROUP - INTENDS TO DEREGISTER ITS EQUITY SECURITIES AND REGISTERED DEBT SECURITIES OF ITS UNIT IN ORDER TO REDUCE REPORTING COSTS AND COMPLEXITY.BT GROUP PLC - BT WILL CONTINUE TO POSITIVELY ENGAGE WITH US EQUITY AND DEBT INVESTORS.BT GROUP PLC - BT HAS DIRECTED JPMORGAN TO TERMINATE BT'S ADR PROGRAMME.  Full Article

Aurelius Buys BT Fleet Solutions From BT Group PLC
Monday, 5 Aug 2019 

Aug 5 (Reuters) - AURELIUS EQUITY OPPORTUNITIES SE & CO. KGAA ::ACQUIRES BT FLEET SOLUTIONS FROM BT GROUP PLC.BOTH PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE AND TRANSACTION IS DUE TO COMPLETE IN H2 2019..  Full Article

BT Expects IFRS 16 To Have A Positive Impact On 2019/20 EBITDA Of About 0.7 Bln Stg
Wednesday, 3 Jul 2019 

July 3 (Reuters) - BT Group PLC ::BT ANNOUNCES IFRS 16 19/20 OUTLOOK & OTHER CHANGES.BT EXPECTS IFRS 16 TO HAVE A POSITIVE IMPACT ON 2019/20 EBITDA OF C.£0.7BN, WITH NO IMPACT ON REVENUE OR CASH FLOW.BT DOES NOT EXPECT ADOPTION OF IFRS16 TO IMPACT ITS CREDIT RATING.  Full Article

BT Group To Launch 5G This Autumn
Tuesday, 2 Jul 2019 

July 2 (Reuters) - BT Group PLC ::BT WILL LAUNCH 5G THIS AUTUMN FOR BT AND BT BUSINESS CUSTOMERS.BT'S 5G SERVICE WILL BE AVAILABLE IN 16 UK CITIES BY END OF YEAR.5G FROM BT MOBILE WILL USE EE 5G NETWORK, WHICH LAUNCHED IN MAY IN SIX CITIES.  Full Article

Ofcom Confirms Decisions On Reviews Of Physical Infrastructure, Broadband Markets
Friday, 28 Jun 2019 

June 28 (Reuters) - UK's Ofcom::CONFIRMS NEW RULES FOR BUSINESS NETWORKS.CONFIRMED FINAL DECISIONS ON REVIEWS OF PHYSICAL INFRASTRUCTURE MARKET AND CONNECTIONS USED BY BUSINESS BROADBAND NETWORKS.SETS OUT DETAILS OF HOW IT WILL REGULATE INFRASTRUCTURE AND BROADBAND MARKETS FOR PERIOD TO APRIL 2021.COS LAYING HIGH-SPEED FIBRE CABLES FOR BROADBAND & MOBILE NETWORKS WILL BENEFIT FROM GREATER ACCESS TO OPENREACH'S EXISTING INFRASTRUCTURE.IN AREAS OF BRITAIN WHERE OPENREACH FACES LIMITED COMPETITION FROM OTHER LEASED-LINE NETWORKS, OFCOM WILL CONTINUE TO REGULATE SERVICE CHARGES.  Full Article

BT To Buyback Up To £80 Mln Of Shares From Orange
Thursday, 27 Jun 2019 

June 27 (Reuters) - BT Group PLC ::BT INTENDED SHARE REPURCHASE FROM ORANGE.INTENDS TO REPURCHASE UP TO £80 MILLION OF SHARES FROM ORANGE.ORANGE ANNOUNCED INTENTION TO OFFER 248 MILLION SHARES IN BT GROUP PLC (BT) TO INSTITUTIONAL INVESTORS BY MEANS OF AN ACCELERATED BOOKBUILD OFFERING.OFFERING REPRESENTS APPROXIMATELY 2.5% OF BT'S ISSUED SHARE CAPITAL.FOLLOWING OFFERING, ORANGE WILL NO LONGER BE A SHAREHOLDER IN BT.REPURCHASE IS EXPECTED TO SETTLE ON 2 JULY 2019.  Full Article

Uk's Ico- Fined Ee Limited £100,000 For Sending Over 2.5 Million Direct Marketing Messages To Its Customers Without Consent
Monday, 24 Jun 2019 

June 24 (Reuters) - UK'S ICO::UK'S ICO- FINED EE LIMITED £100,000 FOR SENDING OVER 2.5 MILLION DIRECT MARKETING MESSAGES TO ITS CUSTOMERS WITHOUT CONSENT.  Full Article

Ofcom Appoints BT & Kcom To Deliver UK's Broadband 'Universal Service'
Thursday, 6 Jun 2019 

June 6 (Reuters) - UK's Ofcom::OFCOM APPOINTS BT AND KCOM TO DELIVER UK'S BROADBAND 'UNIVERSAL SERVICE' FROM MARCH.OFCOM SAYS EVERYONE IN UK WILL HAVE LEGAL RIGHT TO REQUEST "DECENT AND AFFORDABLE" BROADBAND CONNECTION FROM MARCH NEXT YEAR.OFCOM SAYS BT TO BE RESPONSIBLE FOR CONNECTING PROPERTIES IN WHOLE OF UK EXCEPT HULL AREA.UK'S OFCOM - UNDER LEGISLATION FOR NEW SERVICE, COST OF PROVIDING CONNECTIONS TO ELIGIBLE HOMES WILL BE PAID FOR UP TO £3,400.OFCOM SAYS KCOM WILL BE DESIGNATED PROVIDER OF UK'S BROADBAND 'UNIVERSAL SERVICE.UK'S OFCOM - IN AUTUMN, WILL CONSULT ON WHICH OTHER COS WOULD CONTRIBUTE TO FUND COSTS THAT IT WOULD NOT BE APPROPRIATE FOR BT OR KCOM TO COVER.OFCOM - GIVEN BT, KCOM UNTIL MARCH 20 2020 TO MAKE PREPARATIONS TO START BUILDING NEW BROADBAND CONNECTIONS.  Full Article

BT CEO will look at options for funding fibre ambition
Thursday, 9 May 2019 

May 9 (Reuters) - Bt ::CEO SAYS BTHAS TO MOVE FASTER, AND WILL NEED TO INVEST MORE.CEO SAYS WE ARE GOING TO CONTINUE DOWN PATH WE ARE IN SPORTS STRATEGY.CEO SAYS THERE WILL BE SOME 'TIDYING UP ON THE EDGES' OF GLOBAL SERVICES.CEO SAYS HE WILL NOT COMMENT ON BT ITALY AS IT'S A CRIMINAL INVESTIGATION.CEO SAYS WILL TAKE A VERY DISCIPLINED APPROACH ON SPORTS RIGHTS, NO NEED TO STRENGTHEN WHAT WE HAVE.CEO SAYS CHAMPIONS LEAGUE NUMBERS ARE "ASTOUNDING".CEO SAYS HAS A VERY CLEAR PLAN ON JOB CUTS, CURRENTLY NO PLAN TO CHANGE THAT.CEO SAYS STILL NEED IMPORTANT ENABLERS FROM GOVERNMENT AND REGULATOR TO ACHIEVE FIBRE AMBITION.CEO SAYS RANGE OF OPTIONS ON RAMPING UP FIBRE ROLLOUT TO 15 MILLION TARGET INCLUDE BORROWING, CHANGE IN DIVIDEND.CEO SAYS WILL LOOK AT ALL OPTIONS ON FUNDING IF ENABLERS IN PLACE FOR NEW FIBRE AMBITION.CEO SAYS NO UPDATE ON HQ MOVE.  Full Article

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

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BT picks new home in London's Aldgate area

Britain's BT Group Plc said on Monday it will relocate its global headquarters from the St Paul's area of London to a new site in the city's Aldgate area.