Trending: BT's Openreach Full-Fiber Broadband Pricing Offer Cleared by Regulator
0924 GMT - BT Group is among the most mentioned companies across news items over the past four hours, according to Factiva data, after the U.K. regulator cleared Openreach's new pricing offer for full-fiber broadband. The news sent BT shares up 1% making it one of just a handful of risers in the FTSE 100 index. BT informed the regulator of its new pricing offer for full-fiber services--known as Equinox 2--last December as required under the regulatory rules. The offer gives lower prices to retail providers that agree to use Openreach's full-fiber products for new orders rather than legacy copper products. Ofcom said that based on evidence available it didn't consider the new pricing discounts to be anti-competitive. Dow Jones & Co. owns Factiva. (ian.walker@wsj.com.)
(END) Dow Jones Newswires
May 24, 2023 05:40 ET (09:40 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Where We See Opportunities After an Ugly Month for Stocks
-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
Berkshire Hathaway Earnings: Strong Insurance Results Continue to Lift Revenue and Profitability
-
10 Questions for Berkshire Hathaway’s 2024 Annual Meeting
-
After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?
-
3 Dividend Stocks for May 2024
-
Amgen Earnings: Obesity Drug Update Is Highly Encouraging
-
What’s Going on With Apple, Tesla, and Alphabet?
-
Apple Earnings: A Weak 2024, but Optimism for 2025
-
4 Utility Stocks to Play the AI Data Center Boom