BT Consumer – Page 11
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BT Q3 FY21–22 Guidance: positives to come, but later than promised
Revenue down 2% for the year, but growth anticipated from Q1 FY22–23. All things point up, but large corporates at Enterprise and Global need turnaround to avoid continued struggles. Discovery tie-up a win–win for BT Sport (and maybe for Sky, but what about for BT itself?).
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BT Wholesale takes Truphone from rival
EE network quality draws the MVNO to BT Wholesale from VM O2, as Virgin Media continues migration from EE to Vodafone.
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BT follows EE with BAI deal
Wholesale division to provide colocation space for neutral host network. BT flags wider focus on edge computing.
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BT Q3 FY21–22 Headlines: Openreach surging; CFUs in surgery
Corporate weakness postpones recovery, with BT Global recuperating and BT Enterprise still hurting. Openreach charges on, hitting new records for FTTP connections and (low) costs. City analysts focus on ‘mathematical’ minutiae of inflation response and impact on customers, costs, and payroll. Drahi and other predators ignored.
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BT Q3 FY21–22 Spend: costs under control
Cost-savings transformation programme continues to earn accolades among management, despite necessary investment in infrastructure. Broader market factors felt.
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Products & Services
BT, VMware target modern network and security challenges
Secure Access Service Edge (SASE), delivered as a BT-managed service, supports the adoption of “the latest technologies and workstyles” Latest in a string of collaborations between BT and VMware following long-term SD-WAN partnership.
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BT people moves: ESG key in New Year changes
Digital impact and sustainability manifesto brings a number of new roles to further ESG agenda. Fibre build challengers Borderlink and Hyperoptic poach ex-BT and Openreach staffers to drive regional FTTP rollout plans. Healthcare remains a key focus for Digital and Enterprise developments.
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M&A
DAZN retakes lead in BT Sport race
Sports streaming specialist in pole position to land $800m deal. Discovery JV still a possibility, but cash injection may be preferable as BT invests in 5G and fibre rollouts.
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Elsewhere in BT Enterprise: BT links up with TIM & Telefónica in Turin
BT Enterprise ties with Italian telcos for connected cars and the University of Hertfordshire for smart city solutions.
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EE climbs on board with BAI
EE and Three UK become first two operators to sign up for neutral host network. A further key element is enabled for the Emergency Services Network. Motorola Solutions appeals CMA decision to investigate dual role as Airwave and ESN supplier.
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EE trudges on with Shared Rural Network progress
46 ‘fresh sites’ delivered under SRN programme. EE to upgrade a further 1,532 sites with 4G by 2024 in ‘partial not-spot’ phase.
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Public Affairs
BT slammed for lack of action on spoofing
IP altnet pokes incumbent over limited success in rooting out fraudulent use of caller ID. BT focused on industry collaboration to address fraud challenge. Migration to all-IP by 2025 portrayed as critical to effective remedies for the problem.
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M&A
BT Sport mulls Discovery JV as DAZN buyout stalls
Discovery in talks with BT over sports broadcasting partnership. Deal would offer strong alternative to DAZN’s £600m buyout attempt.
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Elsewhere in BT Consumer: Plusnet issues persist
More cricket on the schedule; Smart Benefits portfolio bolstered; and Plusnet email issues persist.
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Compelling 5G use-cases still to come, says EE
EE brand director concedes 5G marketing more difficult than when 4G arrived. Anticipates “a lot” of the 5G use-cases will not arrive in the short term. Next phase of rollout plan begins with indoor launch.
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H1 FY21–22: flat figures at BT Consumer do not curb Jansen enthusiasm
Consumer division sees revenue and earnings knock in Q2. Numbers show slow going on multi-play uptake, and star product and service lines being outshone by accessories. Executives remain bullish on the long-term growth promise of convergence, however.
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Elsewhere in BT Technology: Adastral Park expanding
Adastral Park looks to expand; BT Labs names partner for IoT security; BT Sport involved in shared spectrum 5G broadcasting.
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Elsewhere in BT Group: Phones 4u saga continues
Phones 4u saga rolls on; BT joins in with COP26 target-setting.
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BT inches toward 100% coverage with OneWeb tie-up
State-backed satellite operator OneWeb snags distribution agreement with BT to launch satellite trials in 2022. Pair share 2028 target for 100% connectivity coverage.