Openreach is the company that maintains telephone cables, ducts, cabinets and exchanges across the UK. It is a division of BT, but manages the broadband and telephone connection for almost every home in the UK, even rival operators.
It’s possible to invest in Openreach, but as it’s owned by BT, you’d need to buy BT shares.
As well as Openreach, BT owns:
This means that if you choose to invest in Openreach by buying shares in BT, then you’ll be investing in the other brands that it owns as well. It’s worth doing the research into what some of BT’s main brands are getting up to, as well as Openreach.
| Open | 106.95p | Previous close | 107p |
| High | 107.3p | Change | -1.75p |
| Low | 104.65p | Change % | -1.6355% |
| Close | 105.25p | Timestamp | 2024-04-24 |
| Volume | 17282182 | GMT offset | 0 |
| Industry | Telecom Services | Currency symbol | p |
| Code | BT-A | Country name | UK |
| Type | Common Stock | Country ISO | GB |
| Name | BT Group Plc | ISIN | GB0030913577 |
| Exchange | LSE | CUSIP | N/A |
| Currency code | GBX | Sector | Communication Services |
| Currency name | Pence sterling | Full-time employees | 97100 |
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
For the most part, if you’re reading this article while connected to home broadband, the chances are that Openreach maintains the technology that allows you to access it. There are some rival companies that don’t use Openreach, including Virgin Media. Openreach is in the process of connecting more properties to FTTP, with an aim to have connected 15 million by 2025.
BT dates back to 1846. It became independent of the Post Office in 1981. It’s a part of the FTSE 100 index.
BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Consumer, Enterprise, Global, and Openreach segments. The company builds, owns, and operates fixed and mobile networks; and designs, builds, markets, sells, and supports network access, connectivity, and related solutions. It also offers landline, mobile, and broadband services; home and cyber security solutions; and TV and cloud gaming entertainment services under the BT, EE, and Plusnet brands. In addition, the company provides connectivity, networking, cyber security, collaboration tools, cloud connectivity, and cloud services for small, medium, and large corporate businesses; public sector; and government. Further, it engages in the wholesale of mobile network capabilities, voice services, broadband, ethernet, and other connectivity solutions on contract basis; and offers access to its fixed access network infrastructure for homes, schools, hospitals, libraries, government buildings, and businesses. The company was formerly known as Newgate Telecommunications Limited and changed its name to BT Group plc in September 2001. BT Group plc was incorporated in 2001 and is headquartered in London, the United Kingdom.
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