S&P: BT Group view positive

Standard & Poor’s said it revised its outlook on BT Group plc to positive from stable and affirmed the BBB long-term and A-2 short-term corporate credit ratings on BT as well as the issue ratings on the group’s debt.

S&P said the outlook revision follows BT’s stronger metrics for fiscal year 2015 than previously anticipated and its consistently strong operating performances, which led it to affirm its guidance for modest EBITDA growth this year despite higher content costs.

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