MARKET REPORT: BT bounces on rumours of Openreach stake sale
BT began to bounce back off near-record lows as rumours circulated that it was selling a stake in its Openreach engineering arm. The telecom group’s shares surged 5.4 per cent, or 5.55p, to 107.7p after reports it would use the money to bankroll a £12billion upgrade of Britain’s broadband network. Earlier this week, shares in … Read more