If Bt has bought back 2million 5 thousand shares to day. How come it shows on trades as a sell?

At 120p, BT still looks expensive, considering its pension issue remains a BIG problem.

.

BT turns tables on Virgin in cable ducts fight

BT is demanding that Virgin Media opens its network of underground pipes to rivals.

The telecoms group wants to use Virgins network as part of its plans to upgrade its infrastructure and will put pressure on Ofcom to allow it access.

.

I don't agree. The dive in sp after the pension figures was well overdone. Look at the date of the pension deficit valuation and look at the state of the market on that date. Now look at the state of the market and tell me what has happened to the pension deficit. The deficit is shrinking daily! I reckon BT is still fair value up to 150p.

.

Looking likely to close the gap to 130?

Back on the up.

I'm still in skinny and happy to keep holding.

ladders and snakes ?

Final results.

"We have made good progress this year and have now set clear objectives for the next three years.

"We have improved customer service, are transforming the cost base and have more than doubled free cash flow, but there is still a lot more to do.

"We are investing in the future of our business, enhancing our TV offering and building on opportunities in our Global Services business. Assuming an acceptable environment for investment, we see the potential to roll out fibre to around two-thirds of the UK by 2015. This will take our total fibre investment to 2.5bn which will be managed within our current levels of capital expenditure.

"During the next three year period we expect to improve our underlying revenue trends, and grow EBITDA and free cash flow, while investing in the business, supporting the pension fund, reducing net debt and paying progressive dividends.

"We are on track with our goal of creating a better business with a better future."

Mind the gap!

Dil - you still in?

In for only half now skinny , been trading the other half and out of them last week.

Vote for strike action looming apparently.

A close above 140 would be nice!

Tomorrow should do it skinny. A strong day today over the pond will see this start above 140 in the morning.

Strike ballot for BT workers over pay dispute begins

Workers at BT are being balloted on strike action in support of their pay dispute with the company.

The Communication Workers Union (CWU) says BT can afford a 5% pay rise after what it says is a two-year wage freeze and a round of redundancies.

The company has offered an increase of 5.1% over 21 months and several one-off payments. The ballot closes on 5 July.

Andy Kerr, of the CWU, said it was "seeking an affordable and reasonable pay rise for our members in BT".

BT Group Extends Olive Branch To UK Union
BT (LSE:BT.A)
Intraday Stock Chart
Today : Friday 18 June 2010
BT Group PLC (Bt.A.LN) Friday extended an olive branch to its biggest union by calling on the Communication Workers Union, which represents around half of its 128,000 staff, to resume talks after a union official said it may compromise on a pay deal.

The U.K. telecommunications firm said it's surprised to hear through the media that the CWU are willing to compromise on their 5% pay increase demand for this year. At no stage have they formally put forward an alternative proposal.

"Given this, we call on the union to postpone the ballot and return to formal discussions with the company. Industrial action is unnecessary and would only benefit our competitors so we look forward to any new proposal from the union", BT said in a brief statement.

A CWU spokeswoman said it's prepared to meet BT if there's an improved offer on the table.

She confirmed that ballot papers were sent Friday to the 55,000 BT workers it represents as expected, asking them to vote in favor of industrial action over a pay dispute.

If staff vote in favor of a strike, it would be the first at the telecommunications company in 23 years. The ballot, which will be run by Electoral Reform Services, will close July 5.

The CWU is demanding a 5% pay rise this year. BT is offering a 2% pay increase this year followed by a 3% rise in 2011, plus additional one-off payments and guarantees on job security.

Prospect, BT's second-biggest union with 30,000 members, mainly managers, has already agreed to a 2% pay rise.

BSKYB and BT sign contract for Sky Sports 1



TIDMBT.A TIDMBSY

RNS Number : 3044O
Bt Group PLC
28 June 2010

?
DC10-150
June 28, 2010
BSKYB AND BT SIGN CONTRACT FOR SKY SPORTS 1 AND SKY SPORTS 2

BT and Sky have signed a contract for the wholesale supply of Sky Sports 1 and
Sky Sports 2 to BT.
The contract means that BT customers will be able to sign up for the
subscription channels from early July. BT Vision customers will be able to view
Sky Sports 1 and Sky Sports 2 from August 1, in time for the start of the
Premier League football season on August 14.
BT will be revealing its pricing shortly.
Gavin Patterson, chief executive of BT Retail, said: "We are delighted to
have reached this milestone, which means that we can be certain of offering Sky
Sports 1 and Sky Sports 2 to our customers before the football season kicks off.
We know our customers will be keen to sign up for the two channels."
ends

July 1, 2010
BT CUSTOMERS SCORE WITH HUGE SAVINGS ON SKY SPORTS 1 AND SKY SPORTS 2
BT today heralded a new era of competition in pay-TV by launching the UK's best
value deal for Sky Sports 1 and Sky Sports 2 for just GBP16.99 a month.
BT Vision customers can add the channels for the simple monthly price on a
month-by-month contract. If they only want to add either one of Sky Sports 1 or
Sky Sports 2 they can do so for only GBP11.99.*
Customers who are happy to commit to a bundle of broadband and calls for 24
months, can get an even better deal with the BT 'total sports package',
starting at just GBP6.99 for Sky Sports 1, ESPN and 'on demand' sport from BT
Vision or GBP11.99 for Sky Sports 1 and Sky Sports 2, ESPN and 'on demand'
sport. The latter bundle works out GBP205 cheaper than Sky's current equivalent
deal and GBP281 cheaper than Virgin Media over a year.**
BT will be able to sign up customers for these packages from today, in
plenty of time for the customer to enjoy the new Premier League football season,
which starts on August 14.
Research by BT indicated that around 4m more people in the UK would like to
sign up for Sky Sports channels, but felt that it was too expensive.
Gavin Patterson, chief executive of BT Retail, said: "Football fans will be
cheering our new prices, which mark an end to paying for basic channels when you
only want the sport.
"We expect that entry prices as low as GBP6.99 will welcome in a huge
number of extra customers who'd love to enjoy these channels, but thought they
were too expensive.
"A more competitive market will ensure that customers continue to get the
best sport for the sharpest prices and this opening of the market will be in the
best interests of customers."
The start of a new more competitive market was sparked by a ruling
from Ofcom, which obliged Sky to wholesale Sky Sports 1 and Sky Sports 2 at
regulated prices to rivals such as BT.
As well as Premier League football, Sky Sports 1 and Sky Sports 2 screen
Champions League football, test cricket and rugby union.