Britain’s BT resolves two-year broadband battle with Openreach deal - News Summed Up

Britain’s BT resolves two-year broadband battle with Openreach deal


FILE PHOTO: A BT Openreach engineer works on a telephone line in Manchester northern England, March 17, 2016. REUTERS/Phil Noble/File Photo FILE PHOTO: A BT Openreach engineer works on a telephone line in Manchester northern England, March 17, 2016. After a bitter two-year regulatory battle, the former state monopoly struck a deal that avoids a full breakup, providing greater clarity for BT investors. It comes just days after the group struck a multi-year deal to retain key sports rights and named a new chairman. BT shares rose 4 percent as analysts and BT’s rivals welcomed the move and urged BT to press ahead with the changes.


Source: Indian Express March 10, 2017 16:52 UTC



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