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BT: the case for slimming down

BT: the case for slimming down

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. 

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