BT Group

Ticker BT.A

Today's data summary

Market closed
% change
+0.96%
Price Pence
115.80
Change
+1.10
As of 19:06 25 May 2020
Market cap. Pound sterling
11,443.60 million
As of 19:06 25 May 2020

Latest updates

BT scraps broadband data limits

Chris Fox

Technology reporter

Telecoms giant BT says it will remove data caps on all its home broadband packages to help people work from home and access entertainment during the coronavirus outbreak.

BT's latest tariffs already include unlimited data as standard, but older deals came with limits on how much data could be downloaded each month.

The company will also cap some charges for "vulnerable customers", who only have a landline telephone and no broadband.

The full details are on the BT website.

Mobile network EE, part of the BT Group, says it will let all customers access the NHS website from their mobile phone - even if they have run out of mobile data on their tariff.

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The company also issued a statement to reassure the public that services would not be affected, despite more people working from home.

"The additional load on the broadband network is well within manageable limits and we have plenty of headroom for it to grow still further," BT said.

BT pulls out of Barcelona congress

BT sign
Getty Images

BT is the latest firm to pull out of the Mobile World Congress in Barcelona because of the coronavirus outbreak.

"After careful discussions and planning, BT have decided that we will not attend GSMA Mobile World Congress Barcelona 2020," a spokesman said. "We value our participation in important industry groups like GSMA and deeply respect the steps they have already taken to protect attendees.

"Unfortunately, the most responsible decision is to withdraw our participation from the event to safeguard our employees and customers."

BT third quarter results 'below expectations'

BT Group also announced its results for the third quarter when both sales and profits fell.

Revenues for the three months to 31 December dropped by 3% to £5.7bn while adjusted earnings before interest, tax, depreciation and amortisation declined by 4% to £1.9bn.

BT's chief executive Philip Jansen, said: "BT delivered results slightly below our expectations for the third quarter of the year, but we remain on track to meet our outlook for the full year."