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

BT wins live Premier League rights

Following today's announcement by the Premier League, we are pleased to confirm that BT has been awarded the A and G packages of live rights for the 2013/14 to 2015/16 Premier League seasons.

Our rights include 18 first picks, around half of those available, which means that for the first time consumers have a real choice of provider when it comes to watching the best games. We have secured access to 38 live games, including the opening game of the season, which represents a quarter of the 154 matches to be shown each season.

We will launch a new football-focused channel to carry the games. It will offer new interactive features when supplied over BT's fibre network and we will look to distribute it on other platforms. Full details and pricing will be published in due course.

Ian Livingston, Chief Executive, said: "We are pleased to have won these rights and to have secured around half of the best games on offer each season. We look forward to offering football fans real value and great quality using the latest technology.

"BT is already investing £2.5bn in fibre broadband. Securing Premier League rights fits naturally with this, as consumers increasingly want to buy their broadband and entertainment services from a single provider."

Well I wasn't expecting to be able to buy again below £2 any time soon! Added a few @199.8.

Ex-divi wed 8th Aug '12 (5.7p)

New 3 month high (222.90p)

http://www.reuters.com/article/2012/07/12/us-telecoms-eu-regulations-idUSBRE86B0X420120712

Here's the reason for today's rise. Good news from Europe? Shurely shome mishtake.

1st Quarter Results

A nice little surge pre divi day. Hope the ex-divi drop will not be too severe.

ITV in talks with BT to show Premier League games

ITV could show live Premier League football matches for the first time in its history under a tie-up with BT, it can be revealed.
BT is in talks to allow the broadcaster to screen on a terresterial channel some of the 154 sought-after games that it secured for £738m, as well as to produce the coverage of the matches.

BT sticking its land line prices up again I'm disgusted.

May buy some more :-)

Worth a read :-

BT AND PREMIERSHIP RUGBY IN LIVE BROADCAST DEAL

BT and Premiership Rugby today announced one of the biggest broadcast deals in the history of club rugby, signing a contract worth up to £152 million for a range of exclusive live rights over a four year period.

Credit Suisse reiterates Outperform TP raised from 250p to 300p.

What a waste of bloody money that sponsorship deal is. I will be writing to the CEO and asking him what part of "British" in the company name doesn't he understand.

Bounce or failure? Low today 214.1p

Half Yearly report

Ian Livingston, Chief Executive, commenting on the results, said:

"We have delivered another solid quarter of growth in profit before tax despite the economic conditions and regulatory impacts. We continue to make significant investments in the future of our business and we are again accelerating our fibre roll-out. We now expect fibre to be available to two-thirds of UK premises during spring 2014, more than 18 months ahead of our original schedule, and we are recruiting more than 1,000 engineers in 2012 to help deliver this.

"Over the summer we helped to deliver the most connected Olympic and Paralympic Games ever and I am proud of the part that our people played in its success.

"Our confidence in the future of our business is demonstrated by the 15% increase in the interim dividend."



Key points:

· More than 12m premises passed by fibre with over 950,000 now connected and growing strongly
· 47% share of DSL, LLU and fibre broadband market net additions
· For the 2013 financial year we expect
· underlying revenue excluding transit to show an improved trend for the second half of the year compared with the first half, but not for the year as a whole
· to grow adjusted EBITDA and deliver normalised free cash flow broadly level with 2012

Lubbly jubbly except for .... "now expect fibre to be available to two-thirds of UK premises during spring 2014" ....



.... bet I'm one of third who it ain't available to.


My target now 280p next 6 months.

BT Group got a boost from interim results, and the price perked up 13.8p (6.5%) to 226.3p. Although revenues for the six months fell by 7% to £8.96 billion, pre-tax profit and adjusted earnings per share both climbed by 8%, and the interim dividend was lifted by 15% to 3p per share.

A similar rise in the final dividend should provide us with a full-year payout of around 4.3%, with the shares on a forward price-to-earnings (P/E) ratio of only 8.5.

Recommended cash offer for Tikit Group plc

Summary

· The boards of directors of British Telecommunications plc ("BT") and Tikit Group plc ("Tikit") are pleased to announce that they have reached agreement on the terms of a recommended cash offer by which the entire issued and to be issued share capital of Tikit will be acquired by BT (the "Offer"). It is intended that the Offer be effected by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act.

· Under the terms of the Offer, each Scheme Shareholder will be entitled to receive 416 pence in cash for each Tikit Share held at the Scheme Record Time.

· The Offer values the issued and to be issued share capital of Tikit at approximately £64.2 million.

· The price of 416 pence in cash for each Scheme Share represents a premium of approximately:

· 18 per cent. to the closing price of 354 pence per Tikit Share on 13 November 2012, the Business Day immediately prior to the Announcement Date;

· 26 per cent. to the average closing price of 330 pence per Tikit Share over the three month period ended 13 November 2012; and

· 29 per cent. to the average closing price of 323 pence per Tikit Share over the six month period ended 13 November 2012.

· The Offer enables BT to combine the strengths of Tikit's expertise, portfolio, relationships and deep understanding of the needs of the legal sector with BT's scale and breadth of products, creating a differentiated offering with the ability to supply, install, support and fix mission-critical IT applications and ICT infrastructure through a single point of contact.

BT Group PLC BT COMPLETES SALE OF REMAINING TECH MAHINDRA STAKE

BT announces that it has today completed the sale of its remaining 9.1% shareholding (11.6m shares) in Tech Mahindra Ltd. (Tech Mahindra) to institutional investors for total gross cash proceeds of INR 10,114 million (GBP115.7 million ) at INR 871.00 per share.

The financial impact of the disposal is expected to be treated as an income statement specific item in BT's next financial results.

Tech Mahindra remains a key supplier to BT.

BT @4+ year highs @441p

Is that wishful thinking skinny.
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