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12/6/2016 | 8:21:21 AM
Legal separation is the best deal DT will get
It's interesting that Deutsche Telekom seems to have interpreted "legal separation" as structural separation. The former is supposed to be about building bigger walls between Openreach and the rest of the BT Group, while the latter would see Openreach spun off as a separate company. Neither looks great for shareholders, of course, but given the current sentiment in the UK market some form of legal separation is really the best DT can hope for. 

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