BT Group(BT.A)

Sector:

Fixed Line Telecommunications

Index:

FTSE 100

Market Cap

£13,090m

Change Today

Price Down-3.40p

Share Price

169.10p

Music piracy rules unveiled

By John Harrington

Date: Thursday 24 Jul 2008

LONDON (ShareCast) - Britiain’s six biggest Internet service providers have caved in to government pressure and agreed to police illegal internet downloads.

Virgin Media, BSkyB, Carphone Warehouse, BT, Orange and Tiscali have agreed to participate in a three-month trial aimed at reducing the unlicensed sharing of copyright material via file sharing networks.

The Internet service providers (ISPs) have agreed to send letters to customers who habitually download large amounts of content via peer-to-peer computer networks, warning them their activities are being monitored.

Sanctions against users who refuse to heed the warnings will be thrashed out in talks between the ISPs and bodies representing the film and music industries.

Options discussed have included termination of Internet access, “throttling” of line-speeds to make downloading a long process, and content filtering.

In an echo of the concerns voiced at the time of the introduction of cassette tapes, the music industry claims to be losing a fortune as a result of Internet piracy. Industry figures suggest that if all the tracks currently downloaded illegally by UK internet users were paid for, it would boost industry revenues by £1bn a year.

Fergal Sharkey, erstwhile singer of The Undertones and now chief executive of musicians’ lobbying group British Music Rights, hailed the new initiative.

“This is something of a step into the unknown for the internet providers, music industries and ministers, but we can’t go on without it – no business can survive after losing as much revenue as the music industry has,” Sharkey said.

ISPs have previously argued that as mere carriers of Internet data they should not be held responsible for the content of the traffic they carry, in much the same way that couriers such as the Royal Mail are not obliged to verify that the contents of every package they deliver are legal.

The agreement of the big six ISPs represents a climb-down and could lead to habitual illegal file-downloaders defecting to smaller ISPs – a move which would probably be welcomed by the remaining customers of the big six ISPs, given that file sharers use up a disproportionate amount of bandwidth, which slows down the service for other users.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BT Group Market Data

Currency UK Pounds
Share Price 169.10p Price Down
Change Today -3.40p
52 Week High 327.75
52 Week Low 162.30
Volume 51,689,872
Shares Issued 7,741m
Market Cap £13,090m
Beta 0.84
RiskGrade 201

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
34.45% above the market average34.45% above the market average34.45% above the market average34.45% above the market average34.45% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average
Price Trend
33.74% below the market average33.74% below the market average33.74% below the market average33.74% below the market average33.74% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Income
89.66% above the market average89.66% above the market average89.66% above the market average89.66% above the market average89.66% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
85.34% below the market average85.34% below the market average85.34% below the market average85.34% below the market average85.34% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Chg 6m
23.78% below the market average23.78% below the market average23.78% below the market average23.78% below the market average23.78% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
P/E
43.90% above the market average43.90% above the market average43.90% above the market average43.90% above the market average43.90% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
PEG
57.61% below the market average57.61% below the market average57.61% below the market average57.61% below the market average57.61% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Dividend Yield
75.17% above the market average75.17% above the market average75.17% above the market average75.17% above the market average75.17% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
EPS Growth
35.64% below the market average35.64% below the market average35.64% below the market average35.64% below the market average35.64% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Operating Margin
20.48% above the market average20.48% above the market average20.48% above the market average20.48% above the market average20.48% above the market average
83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average

What The Brokers Say

Strong Buy 10
Buy 4
Neutral 9
Sell 2
Strong Sell 4
Total 29
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BT Group Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Aug-08 24-Dec-07
Paid 15-Sep-08 11-Feb-08
Amount 10.40p 5.40p

Trades for 05-Sep-2008

Time Volume / Share Price
16:35 4,386,231 @ 169.10p
16:29 7,910 @ 169.20p
16:29 4,300 @ 169.20p
16:29 9,922 @ 169.20p
16:29 12,712 @ 169.20p

BT Group Key Personnel

Chair Sir Michael Rake
CEO Ian Livingston

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).