BT's sports arm merger with Discovery facing competition scrutiny
A merged BT/Discovery would be able to offer sports fans Champions League and Premier League football plus a host of other events
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LON:BT.A
Operating in over 170 countries, BT is one of the world’s leading providers of communications solutions and services.
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A merged BT/Discovery would be able to offer sports fans Champions League and Premier League football plus a host of other events
It will be the first national strike at the telco for 35 years
The UK Business Secretary is "exercising his call-in power" under the National Security and Investment Act
"We believe that BT moving to growth represents a watershed moment in the investment case,” Berenberg said.
The upside for BT is likely capped according to analysts at Citigroup.
With investors wanting better returns, the management team are still juggling a big pension deficit, the cost and complexity of further network investment, and calls from workers for a big wage increase
A final dividend of 5.39p per share was as promised
The new JV will have broadcast rights for the next few years' UEFA Champions League, the Premier League, Premiership Rugby, the Olympic Games, tennis grand slams, the Tour de France, Giro d'Italia and other pro cycling races
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The UK blue-chip index ended 114.32 points, or 1.6% lower at 7,233.34, above the session low of 7,158.53 but well below the early peak of 7,347.66
More heavyweight updates overnight and in the morning but the state of the UK economy is all people are focused on currently
"We see rising infrastructure competition for Openreach with Cityfibre gaining traction and Virgin Media expanding"
The US State Department has offered a bounty of US$5mln for information that leads to the arrest of Daniel Kinahan, who had been providing a boxing 'consultancy services'
The US bank added it is now looking at a possible upgrade for BT
Virgin Media O2 hopes to challenge the BT and subsidiary EE with the new offering
The pay rise will cost the telecoms giant around £90mln
CityFibre is proposing to spend £4bn to take superfast broadband to eight million homes by 2025.
Price rises of £43 a year follow similar hikes by BT and Virgin Media
The telecoms group has come under increasing pressure since its biggest shareholder, Patrick Drahi, upped his stake to 18% in December, sparking speculation a takeover bid was on the horizon
The sector has underperformed the broader market by 50 percentage points over the past five years.
The telecoms group will hand over the running of its core warehouse and transport capabilities