http://uk.communifin.com/group/bt-group/post/1709.htm

If rates do rise, BT and other pension deficit Co's should benefit from the increase in long bond rates reducing future liabilities, the whole thing is an accounting nonsense anyway, they must have made massive gains on their bond portfolios over the years-expect profit surprises to follow assuming lower contributions required...TNI may also be worth a look, IMHO DYOR etc

After a period of consultation, BT said on Tuesday the UK's communications providers have "welcomed" the ambition of its Openreach network division to build a large-scale fibre-to-the-premises (FTTP) network across the country. The fTSE 100 company said there was also "broad agreement" that FTTP would safeguard the UK's position as a leading digital economy - but to make the investment viable, a number of key enablers would need to be put in place through close cooperation among the communications industry, the regulator Ofcom and Government.

Half year report http://www.moneyam.com/action/news/showArticle?id=5727639

BT Group announced the appointment of Philip Jansen as its new chief executive on Thursday. The FTSE 100 telecoms giant said he would join the company and be appointed to the board as an executive director on 1 January and, following a handover period, would take over from Gavin Patterson as chief executive on 1 February. Jansen was joining BT from payments services group Worldpay, where he would be stepping down as co-chief executive at the end of the year.

BT Group updated the market on its trading for the third quarter on Thursday, with reported revenue falling 1% to £17.56bn. The FTSE 100 telecoms giant said underlying revenue was down 0.9% in the three months ended 31 December, as growth in its consumer business was offset by regulated price reductions for the Openreach network operation and declines in its enterprise businesses Adjusted EBITDA was broadly flat at £5.55bn, driven by revenue growth in the consumer business and restructuring related cost savings, offset by the revenue decline in Openreach and enterprise.