Hagreaves Lansdown investment writer George Salmon, on the other hand, appreciated that things could have been much worse for BT.
“To be quite honest, this agreement has been on the cards for a while now. Over time, there has been some convergence between Ofcom’s demands and what BT said they were willing to do.
When the share price experienced a small bounce this morning, it was a relief. As far as investors are concerned, we can move on from here.”
The only thing left to be decided is the Crown Guarantee, which Stanojevic suspects should go off without a hitch.
“It would look embarrassing for the government to ask the European Commission for help at a time when we are trying to exit the EU,” he said.
“The government should be relatively fine extending the Crown Guarantee to a bunch of employees.”
