BT drops as traders watch Openreach, Ofcom pricing battle
BT Group shares fell 2.8% to around 203.5p on Monday, underperforming a flat FTSE 100. The drop followed renewed scrutiny of Openreach’s wholesale pricing as Ofcom set a 19 June deadline for industry feedback. InfraVia Capital warned future broadband investment depends on strict enforcement of competition rules. No new BT earnings were released.