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BUZZ-BT Group: Rises as UK regulator acts on faster broadband

** BT rises 3.5 pct after UK communications regulator Ofcom announces new rules on full-fibre broadband roll-out

** Ofcom decides not to regulate the prices of BT's Openreach superfast broadband products, which it says will support incentives for operators to build full-fibre networks

** Adds measures will cut the cost of installing full-fibre broadband by half

** Berenberg upgrades BT to "buy", saying "we believe capex concerns are misplaced and overdone"

** BT has faced tough financial drags in recent regulatory reviews. Extent to which this is due to Ofcom’s cost attribution review is underappreciated, Berenberg says

** Improving clarity on key strategic issues and increasing market confidence that financial trends will return to growth should stimulate a re-rating - Berenberg