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BT says Openreach sale report 'inaccurate' - internal message

Reuters
·1-min read
FILE PHOTO: A BT Openreach van is seen parked in central London, Britain

LONDON (Reuters) - Britain's BT <BT.L> said a report in the Financial Times that it was in talks about selling a stake in its networks business Openreach was "inaccurate".

"Many of you will have seen the reports overnight about BT being in talks to sell a stake in Openreach," Openreach CEO Clive Selley said in a message to staff.

"I spoke to (BT CEO) Philip Jansen last night after the story broke in the newspapers. He is very clear - the story is inaccurate. Openreach is staying in the BT Group."

(Reporting by Paul Sandle, editing by Louise Heavens)