BT (BT.A) investors faced a second disappointment in less than two weeks earlier this month when reports that it was in discussions to sell a multi-billion-pound stake in Openreach were dismissed. The Financial Times report boosted the telecoms group's share price by 9 per cent, after the market value had sunk to a near-11-year low on the back of management's decision to suspend its annual dividend until 2022.
IC TIP:
Hold
at
115p