The BT Tower, a prominent feature of London’s skyline, has been purchased from the telecommunications giant by MCR Hotels for £275 million.
BT’s earnings soar following significant increase in broadband charges due to inflation.
BT’s profits soared after implementing a 14% hike in prices for its broadband and mobile services, affecting millions of customers.
BT defends price increases in response to Which labelling them as “outrageous”.
BT Group PLC (LSE: BT.A) has stood by its recent increases in broadband and mobile prices following criticism from the consumer advocacy group Which? who labelled the hikes as “outrageous”.