1428 GMT - A U.K. government report on its plans for telecommunications infrastructure is seen having a balanced impact on BT Group's investment case, Berenberg says. The government's proposal to prioritize investment over retail pricing is positive for the British telecom company, while plans to expand other operators' access to BT's network arm Openreach and a continued threat of Openreach's separation are negative, the investment bank says. In the coming 18 months BT is set to face three major events: the appointment of its next CEO, the telecom regulator's connectivity market review and the 700 MHz spectrum auction, Berenberg says. Shares rise 1.1%. (adria.calatayudvaello@dowjones.com)

(END) Dow Jones Newswires

July 23, 2018 10:44 ET (14:44 GMT)

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