Impact of Federal Spending Cuts: Bottom Line (3/4)

March 4 (Bloomberg) -- On today's "Bottom Line," Mark Crumpton provides full-coverage on the stocks and stories making headlines. (Source: Bloomberg)

BT Remain Cautiously Optimistic on Ofcom Resolution
33:48 - BT Group Plc reported higher first-quarter sales on rising broadband demand, just days after the U.K.’s telecommunications regulator said the former British phone monopoly could maintain control of its fixed network if it grants rivals greater access. Adjusted revenue jumped 35 percent to 5.78 billion pounds ($7.61 billion) in the three months ended June 30, boosted by the acquisition of wireless carrier EE, the London-based company said in a statement Thursday. Chief Executive Officer Gavin Patterson discusses business with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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