Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBT Share News (BT.A)

Share Price Information for BT (BT.A)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 141.20
Bid: 141.05
Ask: 141.25
Change: 2.05 (1.47%)
Spread: 0.20 (0.142%)
Open: 139.95
High: 141.50
Low: 139.95
Prev. Close: 139.15
BT.A Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Johnson's choice: Britain faces policy test over Huawei 5G role

Tue, 28th Jan 2020 10:36

* PM Johnson meets senior ministers on Huawei decision

* Britain under pressure from U.S. to block Huawei

* Johnson says decision will not compromise security
(Adds details)

By Jack Stubbs and Paul Sandle

LONDON, Jan 28 (Reuters) - Prime Minister Boris Johnson will
decide if China's Huawei should have a role in Britain's future
5G mobile network on Tuesday, a choice that risks damaging
relations with the United States or China on the eve of Brexit.

In the biggest test of his post-Brexit foreign policy to
date, Johnson will chair a National Security Council meeting at
which a recommendation on Huawei's role will be made.

The decision will delight or dismay one of the world's two
biggest economies: President Donald Trump's administration fears
China could use Huawei to steal Western secrets, while Beijing
has warned blocking the company would hurt Chinese investment.

Johnson said on Monday it was possible to keep up with new
5G technology without compromising national security or
Britain's deep intelligence relationship with the United States.

"We are going to come up with a solution that enables us to
achieve both those objectives," he said in reply to a reporter's
question about Huawei.

Huawei, the world’s biggest producer of telecoms equipment,
says the United States wants it blocked from Britain's 5G
network because no U.S. company can offer the same range of
technology at a competitive price.

5G is one of the biggest innovations since the birth of the
internet a generation ago, offering consumers and businesses
much faster data speeds.

'HEN HOUSE'

In what some have compared to the Cold War arms race, the
United States is worried that 5G dominance would embed China
into global communications networks, giving it an unassailable
technological and security advantage.

Sources told Reuters last week senior British officials had
proposed granting Huawei a limited role in the 5G network - a
"calculated compromise" which could be presented to Washington
as a tough restriction but also accepted by British operators
already using the company's equipment.

Huawei's equipment is already used by Britain's biggest
telecoms companies such as BT and Vodafone, but
it has been largely deployed at the "edge" of the network and
excluded in the "core" where data is processed.

The United States has argued that as 5G technology evolves,
the distinction between the "edge" and "core" will blur as data
is processed throughout the network, making it difficult to
contain any security risks.

Tom Tugendhat, a Conservative former head of the British
parliament's foreign affairs committee, compared giving Huawei
access to Britain's 5G network to "allowing the fox into the hen
house when really we should be guarding the wire".

But telecoms companies have warned that it will cost them
billions of dollars and delay the roll-out of 5G if Huawei is
banned completely. It would leave them reliant on Sweden's
Ericsson and Finland's Nokia, the only
major competitors to the Chinese giant.

British intelligence officials have criticised Huawei for
failing to address security flaws in its equipment, but say they
have found no evidence of state espionage and believe they are
able to successfully manage any risks posed by the firm.

"There's a disconnect between a political conversation and a
technical one, which is making it very hard for the UK to move
forward on this issue," said Malcolm Chalmers, deputy
director-general of the Royal United Services Institute and an
adviser to parliament's joint committee on national security
strategy.

The debate over Huawei's role in 5G networks has split
opinion across Europe, with politicians weighing the U.S.-led
arguments against lucrative trade ties with China.

Former Prime Minister Theresa May agreed last year before
leaving office to block Huawei from all core parts of the 5G
network, but to give it restricted access to non-core parts.
(Reporting by Jack Stubbs, Luke Baker, Kylie MacLellan and Paul
Sandle; Editing by Timothy Heritage/Guy Faulconbridge/Alexander
Smith)

More News
20 May 2024 13:16

IN BRIEF: BT Non-Executive Tushar Morzaria buys GBP70,000 in shares

BT Group PLC - London-based telecommunications provider - Non-Executive Director Tushar Morzaria buys 53,270 shares at GBP1.33 each, worth GBP70,849, in London on Monday.

Read more
20 May 2024 10:33

BT delays new digital network switchover timetable

(Alliance News) - BT has significantly delayed its timetable to force all customers on to the new digital network following long-running concerns about vulnerable customers who rely on landline-based personal alarms.

Read more
17 May 2024 15:52

London close: Stocks recoup some earlier losses

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

Read more
17 May 2024 09:06

LONDON BROKER RATINGS: Jefferies says buy Tritax Big Box post merger

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

Read more
16 May 2024 17:33

FTSE 100 ends lower on disappointing corporate updates, BT Group soars

BT Group up after CEO aims for more than double free cash flow

*

Read more
16 May 2024 16:54

LONDON MARKET CLOSE: Europe struggles but record highs in New York

(Alliance News) - Large-cap European equities closed lower on Thursday, underperforming New York counterparts, which continued to push higher following Wednesday's softer US inflation data.

Read more
16 May 2024 16:53

London close: Stocks mixed as ex-divs drag on FTSE

(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.

Read more
16 May 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 dragged down by Sage Group and easyJet

(Alliance News) - Stock prices in London were lower at midday Thursday, with Wednesday's Wall Street session failing to shine in Europe.

Read more
16 May 2024 09:12

LONDON MARKET OPEN: FTSE 100 in red as easyJet and Sage Group fall

(Alliance News) - Stock prices in London opened lower on Thursday, ignoring the rally over on Wall Street on Wednesday.

Read more
16 May 2024 09:06

TOP NEWS: BT to consider options for global operations amid UK focus

(Alliance News) - BT Group PLC on Thursday lifted its dividend as it forecast significantly improved cash flow in the coming years now that peak investment in its full-fibre roll-out has passed.

Read more
16 May 2024 07:45

LONDON BRIEFING: BT ups dividend; easyJet loss narrows

(Alliance News) - Stocks in London are called to open slightly lower on Thursday, shaking off New York's record performance.

Read more
16 May 2024 07:10

BT sees profits drop 31%, predicts little growth this year

(Sharecast News) - Telecoms giant BT saw shares pop on Thursday despite reporting a 31% drop in annual profits in the year to 31 March, as the company laid out plans to save £3bn of costs a year by the end of the decade.

Read more
15 May 2024 12:14

Thursday preview: Philly Fed index, BT Group in the spotlight

(Sharecast News) - Investors' focus on Thursday will be on a raft of economic reports due out in the States.

Read more
9 May 2024 15:51

UK earnings, trading statements calendar - next 7 days

Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
Monday 13 May 
Burford Capital LtdQ1 Results
Caledonia Mining Corp PLCQ1 Results
Cerillion PLCHalf Year Results
Diploma PLCHalf Year Results
HgCapital Trust PLCQ1 Results
Huddled Group PLCFull Year Results
Team Internet Group PLCQ1 Results
Victrex PLCHalf Year Results
Tuesday 14 May 
Angling Direct PLCFull Year Results
Currys PLCTrading Statement
DCC PLCFull Year Results
Flutter Entertainment PLCQ1 Results
Greggs PLCTrading Statement
Marston's PLCHalf Year Results
On The Beach Group PLCHalf Year Results
Renew Holdings PLCHalf Year Results
Treatt PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Vodafone Group PLCFull Year Results
Wednesday 15 May 
Britvic PLCHalf Year Results
Burberry Group PLCFull Year Results
Compass Group PLCHalf Year Results
Creo Medical Group PLCFull Year Results
Experian PLCFull Year Results
Imperial Brands PLCHalf Year Results
Keller Group PLCFull Year Results
Lords Group Trading PLCFull Year Results
Marshalls PLCTrading Statement
Spirax-Sarco Engineering PLCTrading Statement
Titon Holdings PLCHalf Year Results
TP ICAP Group PLCTrading Statement
Tui AGHalf Year Results
Vertu Motors PLCFull Year Results
Thursday 16 May 
Auction Technology Group PLCHalf Year Results
Bank of Cyprus Holdings PLCQ1 Results
BT Group PLCFull Year Results
Convatec Group PLCTrading Statement
easyJet PLCHalf Year Results
Future PLCHalf Year Results
Grainger PLCHalf Year Results
Helios Towers PLCQ1 Results
Nexus Infrastructure PLCHalf Year Results
Premier Foods PLCFull Year Results
Restore PLCTrading Statement
Sage Group PLCHalf Year Results
Tritax EuroBox PLCHalf Year Results
Tullow Oil PLCTrading Statement
Tyman PLCTrading Statement
United Utilities Group PLCFull Year Results
Vanquis Banking Group PLCTrading Statement
Vistry Group PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
1 May 2024 09:26

LONDON BROKER RATINGS: UBS double upgrades AJ Bell to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.