BT Business
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Financial & Performance
BT FY24−25 Spend: ‘on and off’ contractors help keep cost-cutting on track
BT’s long-running cost-cutting campaign is in full swing, with headcount cuts driving the savings. Capex continues to rise despite earlier promises, but the (revised) peak is in sight…
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Financial & Performance
BT FY24−25 In-depth: another year of transition
Group CEO Allison Kirkby has called the past year one of ‘transition’, but insists a turnaround is imminent. ‘Revenue pressure’ (see, decline) reflects a challenging FY for all divisions, but strategic and structural change at the Group may have set it up for delivery next FY and beyond…
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Financial & Performance
BT FY24−25: no longer a newcomer, CEO Kirkby begins to make her mark
A year of mixed results, but CEO Allison Kirkby claims the strategic tweaks of her first 15 months are having an impact. A management team overhaul, a renewed domestic focus, and an apparent ability to capture investors’ imagination has set the Group on an upward trend, albeit with plenty of work to do to deliver on her vision…
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Financial & Performance
BT holds off on international B2B sale until division proves its worth
FY24–25: BT Group CEO Allison Kirkby says carved-out BT International must show its value, with ‘runway’ needed for Global Fabric to do the same, ahead of a prospective offload. UK M&A remains on the cards too as BT looks to capitalise on SMB opportunity…
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Strategy & Change
BT to carve out International in next step of B2B grand plan — report
Reports cite an internal memo that tees up a spin-off of overseas B2B, headed by Bas Burger, as Group CEO Allison Kirkby puts her foot down on UK retrenchment aspirations.
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M&A
BT firms up Italian unit sale to Retelit
Group pens preliminary deal to sell off what remains of BT Italia, but reassures stakeholders that it will “maintain a strong presence” in the country post-transaction. Move continues operator’s international pare-back, provided regulators give it the green light…
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Strategy & Change
BT Business CTO on nailing telco’s complex TaaP dance
Colin Bannon issues stark warning about challenges of Telco-as-a-Platform shift, but boasts of benefits drawn down in BT’s journey so far.
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M&A
BT kicks off exclusive talks for Italy exit — report
Asterion-backed Retelit reportedly last bidder standing for BT Italia acquisition as BT continues effort to sell off international assets and focus on a domestic B2B turnaround…
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Partnerships & Alliances
BT boasts Google Cloud tie-in as Global Fabric accelerates AI deployment
Integration of new Cloud WAN into Global Fabric platform set to enable BT Business customers ‘put the foot to the floor’ in AI deployments, with Google looking to disrupt global MPLS market in the AI era…
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Enterprise (B2B)
‘The year it comes to life’: BT readies for network edge maturity
BT Wholesale’s Mark Toman lays out expectations for network edge in 2025 as early hype gives way to real-world deployments.
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M&A
BT said to explore international options with AT&T, Orange
BT has confirmed it is in early talks with third-parties over a “range of possibilities” for its unloved international assets, with AT&T and Orange reportedly among businesses in early discussions.
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Innovation (R&D)
BT further sharpens networks focus with innovation strategy shift
MWC 2025: BT Business director Hena Jalil outlines shift in innovation approach to align with broader shift to focus on connectivity rather than non-core verticals. Group continues to build AI expertise in search of new network features and products.
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Products & Services
BT braced for 5G ‘reawakening’ as mature use-cases emerge
BT Business Chief Commercial Officer Kerry Small expects a “coming second wave” of 5G for enterprise as PoCs evolve into scalable products.
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Products & Services
BT’s Global Fabric NaaS goes live with ‘growing’ customer, services pipeline
Switch flicked on network-as-a-service platform, with inaugural Global Fabric Internet service launched for initial customers.
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Network & Infrastructure
BT weaves Equinix into expanding Global Fabric platform
Network-as-a-service platform deployed at 30 Equinix data centres, with another ten in the offing.
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Suppliers & SCM
BT taps Cisco AI know-how for UK-wide office spruce-up
Cisco Spaces built into BT’s Better Workplace real estate redevelopment scheme as Group eyes dark compute and AI in the network opportunities…
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M&A
BT offloads Irish B2B unit to Cordiant’s Speed Fibre
BT strikes deal with investment group to sell enterprise and wholesale units to Speed Fibre, with completion expected later this year. Move advances CEO Allison Kirkby’s agenda to pare back BT’s international presence, following earlier news of Irish data centre sale…
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Financial & Performance
BT Q3 Spend: savings on track thanks to job cuts, network upgrades
Q3 FY24–25: Efficiencies delivered through headcount cull and fibre migrations, with BT on track to hit financial savings targets…
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Financial & Performance
BT Q3 In-depth: talk is good, but seeing will be believing
Q3 FY24–25: CEO Allison Kirkby remains optimistic about FY despite shaky Q3, but goalpost-moving last quarter left expectations low. The headlines are much the same: Consumer’s woe; Business’s rebirth; Openreach’s fibre charge. While the latter is still BT’s source of good news, there are awkward questions over each of the Group’s CFUs…
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Financial & Performance
BT Q3 Highlights: is the tanker beginning to turn?
Q3 FY24–25: 12-months in and CEO Allison Kirkby continues to impose herself on the Group with yet more executive changes, but the needle on KPIs has scarcely twitched. Management remains optimistic about prospects at Consumer and Openreach, but latest Business reboot smacks of overseas defeat, as Q3 trading update builds on now-familiar ‘wait and see’ mantra…