BT Group is evaluating options for its fixed-network division after receiving informal interest from private equity and infrastructure investors, reports Bloomberg. According to unnamed sources familiar with the matter, BT is considering inbound proposals including the sale of minority and majority stakes in Openreach.
The sources said that deliberations were at an early stage and that BT may reject all of the offers. They added that barriers to any potential deal including BT preferring to retain control of the national phone and broadband network, differences over the valuation of Openreach, and risks related to Brexit and regulation.
