A major UK investor has called for BT to discuss a voluntary sale of Openreach, in order to limit damage from its long-running battle with rivals and regulators. The investment firm BlueBay Capital said it was concerned about the impact on customers if BT were forced into selling Openreach. The intervention marks the first time a major City institution has publicly suggested BT could volunteer to cleave itself in two. Trevor Green, Aviva’s head of UK equities, said although it is clear BT don't want the split, "that doesn’t mean it can’t be done. " The dispute has impacted BT's share price, down nearly 20% this year.
A major UK investor has called for BT to discuss a voluntary sale of Openreach, in order to limit damage from its long-running battle with rivals and regulators. The investment firm BlueBay Capital said it was concerned about the impact on customers if BT were forced into selling Openreach. Trevor Green, Aviva’s head of UK equities, said although it is clear BT don't want the split, "that doesn’t mean it can’t be done. " The dispute has impacted BT's share price, down nearly 20% this year.