BT Chooses Different Growth Path to Vodafone

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

LONDON -- While rival Vodafone is seeking to expand its footprint in Europe by eyeing up fixed-line ventures to complement its mobile telecommunications operations, BT Group  (LSE: BT-A  ) (NYSE: BT  ) is remaining closer to home with its own primary expansion plans, after acquiring Disney-owned ESPN's U.K. and Ireland television channels to form a serious competitor to British Sky Broadcasting.

Under the terms of the deal, ESPN's rights to show the FA Cup, Scottish Premier League, Bundesliga, and Europa League will be among those transferred to BT, while the U.S. sports currently shown on ESPN America -- including college basketball, college football, and NASCAR -- will also be shown on BT's new channels. Additionally, at least one of its channels will continue to carry the ESPN name.

BT's push into the televised sport market continues, having recently swooped for big-name presenters to front its show already, including Clare Balding and Jake Humphrey from the BBC. The company had previously bought the rights to broadcast 38 Premier League games a season for three years from August 2013, including 18 prestigious "first pick" games, whereby the company will have the option of the weekend's best games.

Indeed, in news mirroring that of the above agreed last year, both BT and Sky have today secured new deals with the Premier League for more than 150 live matches per year -- 38 and 116 games, respectively -- for broadcast in the Republic of Ireland.

Hitting a five-year high of 281 pence last week, BT Group's shares has been on a roll since 2009's low point of 72 pence, representing an almost fourfold return. They have since fallen slightly to today's price of 268 pence, but on a forecast yield of 3.4%, a strategy that could set the company up for further growth and rival in Vodafone that the market isn't fully backing, this could be a share for both income and growth to carefully monitor in the coming months.

If you're an investor who's more interested in growth than income, you may wish to read this exclusive in-depth report. The company featured has growth potential not reflected in the share price. Just click here to download the report -- it's free.

If income is more important to you, we have another exclusive report, which features a great dividend share. This company offers a juicy 5.7% yield, and the report is also 100% free -- simply click here.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2282885, ~/Articles/ArticleHandler.aspx, 10/24/2016 12:37:35 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,224.95 79.24 0.44%
S&P 500 2,149.39 8.23 0.38%
NASD 5,300.78 43.38 0.83%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/24/2016 12:20 PM
BT $23.29 Down -0.22 -0.94%
BT Group CAPS Rating: *****
BT-A $377.92 Down -2.44 -0.64%
BT CAPS Rating: No stars
DIS $93.11 Up +0.08 +0.09%
Walt Disney CAPS Rating: *****
SKY $812.72 Down -9.28 -1.13%
Sky CAPS Rating: No stars
VOD $27.66 Down -0.11 -0.41%
Vodafone CAPS Rating: ****
VOD $223.56 Up +0.01 +0.00%
Vodafone CAPS Rating: No stars