Report
Allan C. Nichols
EUR 98.48 For Business Accounts Only

BT Fined GBP 43 Million by Ofcom and Owes About GBP 300 Million to Other Operators

BT announced on March 26 that it has agreed to a settlement with Ofcom, the U.K. telecom regulator, regarding its use of deemed consent. Deemed consent allows for halting or rescheduling the delivery of Ethernet services based on a number of circumstances beyond its control. Apparently, BT used this excuse inappropriately to slow down services its competitors needed. Ofcom imposed a fine of GBP 42 million ($53 million) for the seriousness of the violations. This is one of the largest fines Ofcom...
Underlying
BT Group PLC ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allan C. Nichols

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