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

Yes - good gap up today and fairly good volume.

pension regulator has yet to have his say

RESULTS FOR THE SECOND QUARTER AND HALF YEAR TO 30 SEPTEMBER 2010


Key points for the second quarter:

Adjusted revenue1 of 4,977m, down 3%

Adjusted EBITDA1 of 1,452m, up 3%

Adjusted profit before tax1 of 496m, up 13% (reported profit before tax of 406m, up 48%)

Adjusted earnings per share1 of 5.1p, up 16% (reported earnings per share down 7% due to prior year tax credit)

Free cash flow2 of 535m; 950m in the half year, up 63%

Net debt2 of 8.7bn, down by 1.2bn

Interim dividend of 2.4p per share, up 4%

2010/11 full year outlook raised:

- adjusted EBITDA1 expected to be around 5.8bn

- free cash flow1 expected to be 2bn

Free cash flow1 in 2011/12 and 2012/13 expected to be above 2bn

From the Independent..


http://www.independent.co.uk/news/business/sharewatch/investment-column-hate-it-or-hate-it-bts-shares-are-cheap-2131775.html

BT has offered to match an 830m government subsidy to offer its superfast broadband to 90% of the population by 2017. It has also kicked off a trial to push speeds to ten times their current level. BT told The Times yesterday that it would ask the government for funds that have been freed up from the television licence fee to bring high-speed broadband to areas where it is economically unviable. It will formally pledge to match this subsidy next Monday when the Government unveils its broadband strategy.

Next year will be a good year.

Great chart 2011 could be a good year now the debt is reduced..

lol , you'll make your mind up one day mitzy :-)

lol Dil..

I'm glad of that..

Buy at 174p... .target is 210p

Just like the good old days when it went from 200p to 1800p.

start again MITZY mm02 must be missing.

Nextstop 210/220p.

3rd Quarter Results.

Key points for the third quarter:

Revenue of 5,038m, down 3%
EBITDA1 of 1,484m, up 7%
Profit before tax1 of 531m, up 30% (after specific items, up 111%)
Earnings per share1 of 5.4p, up 32% (after specific items, up 96%)
Free cash flow2 of 515m, up 69%
Net debt of 8.7bn, down 1.4bn
DSL broadband net additions of 188,000, 53% market share
BT Global Services expected to generate operating cash flow of around 100m in 2010/11 and
around 200m in 2011/12

UPDATE: YouView Delays Launch Due To Project Scale, Complexity

Today : Wednesday 9 February 2011
YouView, a joint venture that will bring Internet content and new video-on-demand to U.K. television, Wednesday delayed its launch by six months due to the scale and complexity of the project, as widely expected.

YouView will have a product in trial by the end of 2011 with a full consumer launch planned in early 2012. The group had previously flagged a launch in the first half of 2011.

"Our focus has always been to deliver a product to consumers that is right, but not rushed," YouView Chief Executive Richard Halton said in a statement.

"Creating a truly open TV platform that will bring consumers increased choice has required significant technological innovation. Our timings for the launch reflect the scale and complexity of this project," he added.

YouView is a collaboration between the BBC, Itv PLC (ITV.LN), Bt Group PLC (BT.A.LN), Five, Channel 4, TalkTalk Telecom Group PLC (TALK.LN) and Arqiva Ltd.

YouView, which was previously known as Project Canvas, also confirmed that it will soon publish its core technical specifications for launch, which have required "significant technological innovation as well as industry engagement to create a TV platform, based on common standards."

U.K. communications regulator Ofcom in October ruled out an investigation into YouView, despite opposition from several parties including Virgin Media Inc. (VMED) and British Sky Broadcasting Group PLC (BSY).

News Corp. (NWS), which owns Dow Jones & Co., the publisher of this newswire, owns roughly 39% of BSkyB.

YouView set-top boxes, which will come with a built in personal video recorder, will be available for a one-off payment of up to GBP200 but may also be offered at special rates as part of broadband bundles.

12 month high today.

Looking at 2 quid - although volume fairly light.

BT GROUP PLC RESULTS FOR THE YEAR TO 31 MARCH 2011


Key points:

Full year results in line with or ahead of our outlook for the year

Revenue of 20bn in line with our outlook, underlying revenue excluding transit down 3% in the year

Operating cost savings of 1.1bn in the year, ahead of our outlook of around 900m

Net debt reduced to 8.8bn, in line with our outlook, after pension deficit payments of 1.0bn in the year

Free cash flow1,2 of 2.2bn, ahead of our outlook and nearly trebled from two years ago

Proposed final dividend of 5.0p, up 9%, giving a full year dividend of 7.4p, up 7%

BT Global Services operating cash flow positive a year ahead of plan at 119m

IAS 19 pension deficit of 1.4bn (net of tax), down 4.3bn in the year

DSL broadband net additions of 252,000 in the quarter, of which BT's retail market share was 64%

Another look at 2 quid.

And seems to like it this time!