BT share price jumps as Openreach steps up copper switch-off — UBS still says “sell”
BT shares rose about 2.3% in early London trading after Openreach expanded its copper "stop sell" programme by 132 exchanges, affecting 1.23 million premises. UBS kept its “sell” rating and 140p target, warning of pricing and investment risks. Openreach aims to move all providers to digital phone lines by January 2027. BT will report third-quarter results on February 5.