3/29/2024 0 Comments Who owns the 5g technology![]() In its year-end results on 31 March, the company also reported that revenues had decreased by 7% thanks to the Covid-19 pandemic. The group has said it plans to release a 7.7p dividend in this financial year – an amount that was met with lukewarm investor response. This forced it to suspend its dividend for the first time in nearly ten years at the end of 2019. The company is having to invest billions into both full-fibre broadband and 5G, and is facing increased competition after years of being accused of holding a monopoly in the UK. 4Īlthough BT is the natural leader in the UK due to its unique position in the market, this also means it has the biggest responsibility. BT already provides 5G to over 160 towns and cities. The fact full-fibre is an enabler of 5G means BT Group does have an edge over its rivals because it has significant exposure to both, with other mobile and broadband providers having to piggy-back off its networks. It owns the largest 5G network in the country, European Economic (EE), and it owns the UK’s national broadband infrastructure, Openreach, which it still owns even if it was legally separated from the business back in 2017. BT Group is the largest player in the UK when it comes telecoms.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |