Posts tagged: BT Group

BT Group in talks with Macquarie and others about selling stake in Openreach, reports FT - Part 3

Tuesday, 19 May 2020, 6:29 am

The financial commentariat really did get their knickers in a twist about last week's FT scoop about BT Group holding talks with infrastructure investors about a sale of a stake in Openreach.

But I have done a bit preliminary poking around and it would seem there is one very important question: why was the "denial" issued by Clive Selley, the boss of Openreach, through a memo to employees rather the company's chief executive via an RNS?..

Read more...

Tags: BT Group

BT Group in talks with Macquarie and others about selling stake in Openreach, reports FT - Part 2

Friday, 15 May 2020, 10:00 am

Last night's scoop from the FT about BT selling Opeanreach to Macquarie is getting a serious poo-pooing this morning from analysts, hacks and spinners.

Indeed, Jim "Armo" Armitage, City editor of the Evening Standard, pisses on the story from a high height. Below is a link to his column and a follow up "EXCLUSIVE" containing a "denial" in a leaked memo to Opeanreach staff:..

Read more...

Sunday review on a Monday: BT Group, Phoenix Group and Thomas Cook

Monday, 15 July 2019, 8:49 am

John McDonnell, the shadow chancellor, appreared to definitively rule out any potential re-nationalisation of BT Group in yesterday's The Sunday Times following reports from Yahoo Finance a couple of weeks ago that Labour was looking at the possibility of taking the telecoms giant back into public ownership.

Below is the link to Oliver Shah and John Collingridge's fascinating piece in yesterday's business sections:..

Read more...

Sunday review - United Utilities et al, Shell and BT Group

Sunday, 5 May 2019, 7:20 pm

Hat tip to John "The Ridge" Collingridge, deputy City editor of The Sunday Times, for landing a cracking tale in today's The Sunday Times about Labour's plans to take private/renationalise the country's water companies at a discount.

I can't imagine investors in London's listed water companies (United Utlities, Pennon Group and Severn Trent) are too happy about that! Below is a link to John's scoop:..

Read more...