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

Well done here skinny.

I was hoping they might have had a deal with ITV to use they vast media library, maybe after the EE buy out .

Cheers Chris - unfortunately, I sold about 60% when they hit 420 for the second time - but I was holding from under a quid so can't complain.

The father of my son's girlfriend used to work for BT.

Chicory Tip?

Could'a been Lonnie Donegan.

Yum yum still got mine from way back when they were about 140p.

Them were the days :)

Late comer then! :-)

Jefferies International Buy 443.00 443.00 470.00 515.00 Retains

BT Sport to show 42 live top-flight Saturday and Midweek matches for 2016/17 to 2018/19 seasons

Matches to be added to line-up featuring exclusive live action from the UEFA Champions League, UEFA Europa League, FA Cup and top-flight European leagues

BT is to show even more live top-flight football matches on its BT Sport TV channels after winning exclusive live rights to 42 Premier League matches in each of the 2016/17 to 2018/19 seasons. This is an increase of four matches per season on the current 38.
The new rights will see BT Sport show a live Saturday evening game every Premier League weekend from 2016/17 for three seasons. This will allow BT to build on its current Saturday programming and appeal to an even larger audience, having secured the prime evening TV viewing slot.
These new Premier League games from 2016/17 will be added to the 350 exclusive live matches from the UEFA Champions League and Europa League that BT Sport will be showing from both tournaments starting this summer. The channel also has live rights to the FA Cup for the next three years.

Proposed placing of new ordinary shares

Proposed placing of new ordinary shares to fund part of the cash consideration payable in connection with the acquisition of EE Limited ("EE")

BT today announces its intention to raise approximately £1.0bn through an underwritten placing of new ordinary shares of five pence each in the Company (the "Placing Shares") with institutional investors (the "Placing").

The Placing is being conducted through an underwritten accelerated bookbuilding process (the "Bookbuild") which will be launched immediately following this announcement. J.P. Morgan Securities plc, which conducts its UK investment banking activities as J.P. Morgan Cazenove ("J.P. Morgan Cazenove"), is acting as Sole Global Co-ordinator, Joint Bookrunner and Joint Corporate Broker in connection with the Placing. Merrill Lynch International ("BofA Merrill Lynch") is acting as Joint Bookrunner and Joint Corporate Broker in connection with the Placing and Goldman Sachs International ("Goldman Sachs") is acting as Joint Bookrunner in connection with the Placing.

Final Results

Key points for the fourth quarter:
· Underlying revenue1 excluding transit down 1.3%
· Underlying operating costs2 excluding transit down 6%
· EBITDA3 grew 7%, partly helped by the settlement of ladder pricing arrangements
· Our best ever quarter for Openreach fibre broadband net connections of 455,000, up 31%
· Agreed definitive terms for proposed acquisition of mobile operator EE
· Secured content for FA Premier League to 2018/19 and Aviva Premiership Rugby to 2020/21
· Launched great value mobile offerings into the consumer market
· 2014 triennial pension funding valuation agreed in January


Key points for the year:
· Results in line with or ahead of our outlook for the year
· Underlying revenue1 excluding transit down 0.4%
· Underlying operating costs2 excluding transit down 2%
· EBITDA3 of £6,271m, up 3%
· Earnings per share3 up 12%
· Normalised free cash flow4 of £2,830m, up 16%
· Net debt at £5,119m down £1,909m including the benefit of our £1.0bn share placing
· Proposed final dividend of 8.5p, up 13%, giving a full year dividend of 12.4p, up 14%

more..

Worth a read - BT Group

Trying 470 again - 12 month high is 472.85.

BT aims to shut down traditional phone network to help it battle US tech giants

StockMarketWire.com
BT Group's adjusted pre-tax profits rose by 9% to £694m in the first quarter to the end of June. On a reported basis, pre-tax profits were up 16% at £632m.

Revenues were 2% down at £4,278m but EBITDA increased by 1% to £1,449m and adjusted earnings per share rose by 3% to 6.7p.

Chief executive Gavin Patterson said:"This is an exciting time at BT. We continue to invest heavily in our superfast fibre broadband network. It now reaches around 80% of all UK premises and we will work with government to help take fibre broadband to 95% of the country by the end of 2017. Our technical trials of ultrafast broadband using G.fast are progressing well; we're on target to start large-scale customer trials this summer.

Our mobile plans have got off to a good start with more than 100,000 consumer mobile customers signed up in the first three months. We're also looking forward to completing our acquisition of EE, which will allow us to create a true UK digital champion, providing customers with greater choice and value and helping to deliver the UK's connected future.

We're launching BT Sport Europe in the next few days, the new home of UEFA Champions League football, which is free for our BT TV customers. We are also leading the way on Ultra HD TV. Our BT Sport Ultra HD channel will be the first live sports channel in Europe offering picture quality four times that of normal high definition.

We have also invested further in improving customer service and Openreach is running ahead of all 60 minimum service levels set by Ofcom for this year. And we are engaging with Ofcom as part of its Strategic Review of Digital Communications which offers scope for deregulation and the potential to create a more level playing field in pay-TV.

The investments we are making in our business and customer service are building a strong platform for growth. And our financial results show we're on track to achieve our outlook for the full year."

StockMarketWire.com
BT chief executive Gavin Patterson has unveiled the company's ambition to deliver Britain's digital future, cementing the nation's future prosperity as the G20's leading digital economy.

According to Ofcom, 90% of UK premises can already access fibre broadband, putting the UK top of the EU's largest countries, according to Ofcom.

Speaking at BT's Delivering Britain's Digital Future conference in London, Patterson announced pledges designed to go further and:

· tackle slow speeds in hard-to-reach parts of the country;

· achieve a step-change in speeds overall, with ultrafast rollout starting next year;

· improve customer service, through a number of commitments unveiled by Openreach.

Patterson said: "For the past five years, the UK has been the largest digital economy in the G20, by percentage of GDP. We think the UK has an even brighter future ahead if we make the right decisions today. We want to forge an ultrafast future for Britain and stand ready to help government deliver the broadband speeds necessary for every property to enjoy modern day internet services, such as high definition TV streaming and cloud computing. To achieve this, we need a collaborative effort across industry and government."

StockMarketWire.com
BT has welcomed the Competition and Markets Authority' decision to provisionally approve its £12.5bn acquisition of EE, unconditionally without remedies. The company will continue to engage with the Authority through the remainder of its merger enquiry.

The CMA said today it has provisionally decided that the acquisition "is not expected to result in a substantial lessening of competition (SLC) in any market in the UK". These include the supply of retail mobile, wholesale mobile, mobile backhaul, wholesale broadband and retail fixed broadband services.

BT chief executive Gavin Patterson said: "We're pleased that the CMA has provisionally approved BT's acquisition of EE. The combined BT and EE will be good for the UK, providing investment and ensuring consumers and businesses can benefit from further innovation in a highly competitive market."

Merrill Lynch note:
"CMA provisional approval is a positive
The CMA has announced its view this morning that the BT/EE merger should be cleared without remedies. The CMA found no substantial lessening of competition (SLC) in relation to any of the markets (retail & wholesale mobile, mobile backhaul, retail and wholesale broadband). The CMA investigated the 10 Theories of Harm it identified in July; 20 submissions from third parties were reviewed and 10 hearings conducted.
New timeline: responses by 19th Nov, full decision by 18th Jan
A full report on the provisional findings will be published later this week. Responses are welcome by 19th November. The CMA has also extended its deadline for a final report by 8 weeks to 18th January in order to take full and proper account of submissions. We expect deal closure shortly after = payment to DT/Orange and consolidation. Any final decision can be challenged in the Court of Appeal, but we think this is unlikely.
No SLC across all markets, unanimous decision in all but one.
The CMA was unanimous in finding no SLC in all but one market. - wholesale mobile.
Here the 4 person committee was split 50:50. In the larger summary report on the case website outlining the CMA’s thoughts, SLC in wholesale mobile was considered possible in a world where mobile becomes a driver of bundle purchases. The overall view was that the other three MNOs offer credible wholesale competition. In our opinion, it is unlikely that the findings across all markets change. The CMA’s points are well reasoned and EE’s incentive to disadvantage wholesale mobile customers appears limited in a world where mobile is usually secondary to fixed in the bundle. Interestingly vertical integration of BT inc ownership of Openreach is not seen as an issue which Ofcom will undoubtedly take into account in its Strategic Review due early 2016. We rate BT a Buy, PO 600p
As argued in BT: Adding to Europe 1: Transformation continues, regulatory headwinds diminishing (121015) we believe through the acquisition of EE, BT will transform into a converged operator which will drive sustainable revenue and EBITDA growth and
therefore earnings ahead of current consensus estimates. Quad play/bundling are nascent in the UK but BT is well positioned to take a leading share in this segment as BT: i) can leverage its large portfolio of unregulated street furniture to deploy small cells ii) drives cross sell with a #1 share in broadband and unrivalled ability to use femtocell offload iii) has #1 or combined 45% of total UK mobile spectrum allowing EE to offer LTE at best possible speeds with full coverage. Next datapoint Q2s 29th Oct."

StockMarketWire.com
BT Group reports a good second quarter financial performance with revenue up 2%.

Underlying revenue excluding transit for the first half was up 1%.

First half EBITDA was flat at £2,891m but adjusted pre-tax profits rose by 5% to £1,400m.

Chief executive Gavin Patterson said: "We've delivered a good financial performance with revenue4 up 2% this quarter. "Fibre broadband is a success story and we continue to invest heavily to help the UK remain a broadband leader among major European nations. Our open access fibre network now passes 24 million premises and we are not stopping there. We want to get fibre broadband to as many people as possible and we are also pushing ahead with our plans to get ultrafast broadband to ten million premises by the end of 2020. Market-wide demand for fibre remains strong with fibre net additions up 21% as we hit the five million milestone for homes and businesses connected. "We've seen good demand for BT Sport Europe and this has helped us add a record number of BT TV customers in the quarter. Its contribution has been better than we expected, helping drive a 7% increase in BT Consumer revenue. Mobile is another growth area and I am pleased our consumer customer base now stands at more than 200,000. And I am also pleased that yesterday, the Competition and Markets Authority provisionally approved our planned acquisition of EE, unconditionally without remedies. "We are making step changes to improve customer service, as part of our group-wide programme. Openreach's recently launched 'View my Engineer' service is going down well. The 3,000 engineers we hired in the last 18 months are helping us fix faults faster and provide new services sooner. We have also created more than 1,000 new contact centre jobs in the UK, with hundreds more to come, to meet our 2016 commitment for more than 80% of consumer customer calls to be answered in the UK. And we have plans to go even further in years to come. "Our strategy is delivering and our results show we're on track to achieve our outlook for the year."

The group said key points for the second quarter:

· Growth in underlying revenue excluding transit, up 2.0%

· EBITDA1 down 1% reflecting our investment in BT Sport Europe

· 106,000 BT TV net additions, our best ever performance

· Strong order book across the group

· Interim dividend of 4.4p, up 13%