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UK regulator not opposed to BT's wholesale fibre offer

UK regulator not opposed to BT's wholesale fibre offer LONDON, Feb 3 (Reuters) - Britain's telecoms regulator said it was not minded to stop BT BT.L introducing a new wholesale fibre offer designed to encourage broadband providers like Sky and TalkTalk to move customer from slow copper to ultrafast fibre connections. Rivals including Virgin Media O2 wanted Ofcom to ensure BT's offer, called Equinox 2, was not an abuse of its dominance in the market.

BT: receivables skewed to back-end, no concerns about collection

BRIEF-BT: receivables skewed to back-end, no concerns about collection Feb 2 (Reuters) - BT Group PLC BT.L : CEO SAYS CUSTOMER DEMAND FOR FIBRE IS 'EXTREMELY STRONG' CEO SAYS ON CASHFLOW TIMING, SOME BIG ENTERPRISE CONTRACTS ARE SKEWED TO BACK END, THERE'S NOTHING IN THAT THAT'S A CONCERN Further company coverage: BT.L (Reporting By London Bureau)

UK Stocks-Factors to watch on Feb. 2

UPDATE 1-UK Stocks-Factors to watch on Feb. 2 Adds new items; updates futures Britain's FTSE 100 .FTSE index is seen opening higher with futures FFIc1 up 0 .5% on Thursday * SHELL: Shell SHEL.L delivered a record $40 billion profit in 2022, capping a tumultuous year in which Russia's invasion of Ukraine allowed the energy giant to hand shareholders unprecedented returns.

BT's faith in fibre undimmed even as consumer headwinds mount

UPDATE 2-BT's faith in fibre undimmed even as consumer headwinds mount Q3 revenue dips 3%, earnings rise 2% in line with forecasts Demand for fibre broadband is extremely strong - CEO Says 14.4% customer price increase justified by higher costs Adds CEO comments, shares By Paul Sandle LONDON, Feb 2 (Reuters) - BT BT.L connected a record 155,000 customers to its fibre broadband in its last quarter, underpinning its confidence in its multi-billion pound investment despite pressure on cash flow and

Britain's BT reaffirms guidance despite inflationary pressure

Britain's BT reaffirms guidance despite inflationary pressure LONDON, Feb 2 (Reuters) - Britain's BT BT.L stuck to its full-year outlook on Thursday despite the pressure of high energy costs and other inflationary headwinds, as it reported a 3% dip in third-quarter adjusted revenue, just below market expectations. Reporting by Paul Sandle; editing


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