UK govt to take no action over Drahi's BT stake
23rd Aug 2022 07:19
(Sharecast News) - BT Group said on Tuesday that the UK government will not be taking any action over French billionaire and Altice owner Patrick Drahi's stake in the telecoms group.
Read morePwC, partner sanctioned over audit of BT's 2017 accounts
8th Aug 2022 11:43
(Sharecast News) - PricewaterhouseCoopers and one of its partners have been issued sanctions worth an initial £2.5m, it was announced on Monday, for the audit of BT Group's 2017 financial statements.
Read moreMonday newspaper round-up: BT Group, Business rates, Small business
1st Aug 2022 07:09
(Sharecast News) - Thousands of BT and Openreach workers will go on strike again on Monday in a dispute over pay. Members of the Communication Workers Union (CWU), including call centre workers and engineers, will hold a 24-hour strike, after similar action on Friday. The union will mount picket lines outside company offices across the UK and is asking people to bring food, which it will deliver to local food banks. - Guardian
Read moreBT backs FY outlook as Q1 revenues tick higher
28th Jul 2022 07:40
(Sharecast News) - BT Group backed its full-year outlook on Thursday as it posted an uptick in first-quarter revenue after it lifted prices, but a decline in pre-tax profit.
Read moreCMA clears BT's sports joint venture with Warner Bros
22nd Jul 2022 07:34
(Sharecast News) - BT's proposed broadcasting joint venture with Warner Bros. Discovery was cleared by the Competition and Markets Authority on Friday.
Read moreUK asks for more details on French billionaire Drahi's BT stake - report
11th Jul 2022 16:26
(Sharecast News) - The UK has reportedly stopped the clock in a probe to request more information about French billionaire Patrick Drahi's stake-building at BT Group, under a new law which could let officials impose conditions or even block the tycoon.
Read moreBT Sport loses exclusive rights to Champions League
1st Jul 2022 11:16
(Sharecast News) - BT Sport has lost its exclusive rights to screen Champions League football in the UK and will now share a deal with online giant Amazon, which will broadcast one game a week from 2024.
Read moreBT asks UK govt for more time on Huawei ban
29th Jun 2022 13:53
(Sharecast News) - BT said it had requested an extension to the UK government's deadline for removing Huawei equipment from its network, after the Chinese company's equipment was banned due to data security concerns.
Read moreSunday newspaper round-up: BT Group, HSBC, IAG
12th Jun 2022 18:16
(Sharecast News) - Kwasi Kwarteng, the Business Secretary, may be set to stop billionaire Patrick Drahi from taking over BT through new national security laws and from building up his stake in telecommunications group. Government may also block Drahi from taking a seat on the board. The current ban under takeover rules on any attempt by the investor to launch a bid is set to expire over the coming week. The Government has until the beginning of July to decide whether it wishes to act or not. - The Financial Mail on Sunday
Read moreCMA to probe BT Sport tie-up with Warner Bros. Discovery
1st Jun 2022 09:06
(Sharecast News) - The Competition and Markets Authority announced an investigation into the planned sports broadcasting joint venture between BT Group and Warner Bros. Discovery on Wednesday.
Read moreGovernment to probe Altice's BT stake
26th May 2022 10:42
(Sharecast News) - Shares in BT Group fell on Thursday after the government announced it was reviewing Patrick Drahi's £3bn stake in the telecoms specialist on national security grounds.
Read moreBT moves sports unit into JV with Warner Bros; FY profits up
12th May 2022 07:07
(Sharecast News) - UK telecoms and broadcasting group BT on Thursday confirmed it was moving its sports TV division into a 50-50 joint venture with Warner Bros Discovery as it also reported a small rise in adjusted annual core earnings.
Read moreThursday preview: UK GDP, BT Group in focus
11th May 2022 11:47
(Sharecast News) - Investors attention on Thursday will be on the preliminary reading of UK economic growth during the first quarter, which is expected to have held up well.
Read moreBT facing strike action as union rejects pay rise
7th Apr 2022 14:18
(Sharecast News) - BT is facing possible strike action after its new pay offer for UK workers was rejected by the Communication Workers Union.
Read moreBerenberg hikes target price on BT
15th Feb 2022 10:04
(Sharecast News) - Analysts at Berenberg hiked their target price on telecommunications giant BT Group from 200.0p to 225.0p on Tuesday, stating certain inflationary tailwinds were currently underappreciated.
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