BT Share News (BT.A)

BT Information

Buy BT.A Shares
Add BT.A to Watchlist
Add BT.A to Alert

Share Price Information for BT (BT.A)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 139.15

Bid: 139.10

Ask: 139.20

Change: -0.80 (-0.57%)

Spread: 0.10 (0.072%)

Open: 139.85

High: 140.65

Low: 138.20

Prev. Close: 139.95

Last checked at -

BT, Openreach should split, says ex-business minister Anna Soubry

Thu, 11th Aug 2016 12:16

(ShareCast News) - BT, which had been criticised for providing low levels of superfast broadband access, should split from Openreach, according to a former government minister.Anna Soubry, the former business minister, said that the telecoms giant should split and Openreach should became a separate company.Openreach is owned by BT and runs a large amount of the country's internet infrastructure and is responsible for access to superfast broadband, which is more than 24 millions of bits per second.Communications regulator, the office for communications (Ofcom) considered splitting the two up, but rejected the idea and instead said Openreach should become a distinct company within BT.Soubry said to BBC Radio 4's Today programme she was surprised by Ofcom's decision on the 26 July."I was very surprised that was pulled back on, I'm sorry, but they have not delivered. Radical action needs to be taken so that we have superfast broadband across the UK," she said.The Conservative MP for Broxtowe said BT had enough chances to improve the broadband service for customers."It's not good enough. It's outrageous in this day and age to not have access to superfast broadband and mobile phone signals, and that includes on our trains too."Not only would I have put a very sharp toe under BT and looked at its performance and actually considered splitting it up, making sure it did a proper job, and I'm far from convinced that it's done a proper job."BT claimed that 90% of properties in the UK had access to superfast broadband internet, however Soubry disagreed."I don't trust these figures at all ... It's strange that in my time as business minister, I seem to meet every member of the 10%".Shares in BT group were down 1.64% to 392.25p at 1257 BST.

More News

23 Mar 2023 09:20

LONDON BROKER RATINGS: Morgan Stanley cuts Informa to 'equal-weight'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

17 Mar 2023 17:50

FTSE 100 clocks worst week in a year as bank rout fears linger

BT Group falls on delayed pricing decision

17 Mar 2023 17:26

European shares record worst week in five months on bank crisis jitters

ECB supervisors see no contagion for euro zone banks

17 Mar 2023 16:58

LONDON MARKET CLOSE: Stocks unable to shake off banking sector worries

(Alliance News) - Stocks in London closed down on Friday, and ended the week sharply lower, as markets on both sides of the Atlantic remained anxious about troubles in the banking sector.

17 Mar 2023 12:25

UK's Ofcom delays BT fibre pricing decision after CEO remarks

BT CEO's remarks anger rivals

17 Mar 2023 12:06

LONDON MARKET MIDDAY: Banking nerves return as Credit Suisse slides

(Alliance News) - European equities succumbed to late-morning selling pressure on Friday, as fear of a banking crisis mounted again, with Credit Suisse shares in the red once more.

17 Mar 2023 09:00

Ofcom mulls delaying launch of BT unit Openreach's Equinox 2 scheme

(Alliance News) - BT Group PLC unit Openreach's Equinox 2 scheme faces a setback in its planned launch next month, as UK regulator Ofcom on Friday said it needs more time to consider the new pricing arrangements for the fibre-to-the-premises services.

17 Mar 2023 09:00

BT's Openreach to delay pricing plan after Ofcom probe delay

(Sharecast News) - UK communication regulator Ofcom has delayed the conclusion of its investigation into a new BT Openreach broadband pricing plan by two months.

17 Mar 2023 08:49

LONDON MARKET OPEN: Stocks rise as banking sector anxiety recedes

(Alliance News) - Stocks in Europe recovered more lost ground on Friday morning, but so far have been unable to undo the damage from heavy selling earlier this week.

17 Mar 2023 07:53

LONDON BRIEFING: Emis takeover and BT Openreach get watchdog scrutiny

(Alliance News) - London's FTSE 100 is called to open higher on Friday, ending a tumultuous week in the green.

13 Mar 2023 09:10

The pound, gilts and stocks: likely winners and losers from UK budget

LONDON, March 13 (Reuters) - Britain's City and business lobby are clamouring for sweeteners in Wednesday's spring budget to replace generous investment relief that is expiring just as corporation tax is due to rise.

2 Mar 2023 09:48

LONDON BROKER RATINGS: Numis cuts BT to 'sell'; Citigroup cuts Babcock

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

27 Feb 2023 08:42

Deutsche Telekom could up BT stake despite losses - FT

BERLIN, Feb 27 (Reuters) - Deutsche Telekom could increase its stake in British rival BT, despite a billions-strong drop in the value of its initial investment, Deutsche Telekom CEO Tim Hoettges said in a Financial Times interview published on Monday.

14 Feb 2023 16:56

LONDON MARKET CLOSE: FTSE 100 scores record high but US CPI sours mood

(Alliance News) - European stocks closed mixed on Tuesday, while equities in New York suffered a less-than-stellar morning, as the rate of inflation in the US cooled at a slower pace than expected last month.

13 Feb 2023 07:54

LONDON BRIEFING: Kape Technologies gets offer; MJ Hudson auditor quits

(Alliance News) - Stocks in London were set to open slightly higher on Monday, though held back from bigger gains by hawkish comments from central bankers about interest rates.

Latest Share Chat

BT Share News (BT.A)

Share Price Information for BT (BT.A)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BT, Openreach should split, says ex-business minister Anna Soubry

Login to your account

Quickpicks are a member only feature

Login to your account