New Street Research - British Telecom (BT) Upper 6-GHz: Further regulatory support for sector

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New Street Research

James Ratzer

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Upper 6-GHz: Further regulatory support for sector

On Monday, we published our sector outlook for 2024 and one of our key supports for the sector is the idea that the regulation can act as a tailwind for the sector. Readers of our work will know we have been exploring the upper-6GHz spectrum band, and therefore we have been interested in the World Radio Congress decision taken on this last week. In this note, we review next steps on this potentially transformative spectrum band.

21/12/2023 1 EN

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British Telecom

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New Street Research

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James Ratzer

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Upper 6-GHz: Further regulatory support for sector

BT (Buy, 220p, +53%) The press is not right – Mittal has not “completed” his purchase yet….

BT Group (Buy, 220p, +64%) Was 225p Q2 25: Is the share price decline justified?

UK Altnet Update: Talk of demise might be premature

Alphabet (GOOGL, Buy, $213 target) Forget Chrome, 3P payments are the heart of the issue

SATS: DBS merger breaks

3Q24 Broadband Trends: FWA capacity limits; FWA demand limits

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