BT Financial & Performance
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Financial & PerformanceQ3 FY22–23: no frills at BT, but fireworks to come before the year’s up
BT’s Q3 reflects a troubled three months of inflationary pressures, union challenge, and heightened competition.
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Enterprise (B2B)
Jansen spotlights ‘right management in right place’ to turn around BT’s B2B fortunes
Ashish Gupta singled out as a man with a plan to revitalise BT’s business with the public sector and major UK enterprise.
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Public Affairs
Openreach calls for successor to ‘super-deduction’ tax relief
Openreach adds to pleas from BT Group CEO Philip Jansen and others.
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Operations
Union “deeply concerned” over BT Sport redundancies
More than 200 BT Sport staff put at risk of redundancy following transfer to Warner Bros. Discovery.
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Financial & Performance
YouView losses mount as JV ups product spend
BT-backed TV platform joint venture flags another uptick in R&D investment in bid to compete with streaming giants. Key shareholder funders BT and TalkTalk up lending to more than £100m.
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Financial & Performance
Arqit downs satellite tools after hyperscaler deals
UK-based quantum specialist steps back from hardware as software proves superior.
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Strategy & Change
BT targets overlap with potential Enterprise–Global merger
BT aims to find efficiencies in B2B divisions as part of wider cost savings.
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Network & Infrastructure
Openreach reworks fibre building contracts for better “bang for its buck”
Reports suggest renewed focus on near-term project completion at expense of long-term supplier contracts.
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Financial & Performance
H1 FY22–23: Openreach all about FTTP connections now
Fibre rollout continues at record rate, as focus shifts to customer uptake.
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Financial & Performance
BT H1 FY22–23 Spend: infra ambition not enough to convince investors
No such thing as a free network: investment needed to beat competition.
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Financial & Performance
BT H1 FY22–23 Headlines: growing in some areas, shrinking in others
The usual Consumer and Openreach positives continue to be offset by B2B challenges.
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Financial & Performance
BT H1 FY22–23 Guidance: BT Sport and full fibre make an impact
Pro forma amendments to Group figures but outlook remains rosy.
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Financial & Performance
BT H1 FY22–23: BT Global still struggling for consistent growth
Revenue and profit down, but BT adamant division is outperforming market in key segments.
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Financial & Performance
BT H1 FY22–23: Glimmers of hope at BT Enterprise
Headline numbers remain largely red, but digital transformation gaining momentum.
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Financial & Performance
BT H1 FY22–23: Consumer’s charge takes in new territory
Preparations for New EE well underway as division steps into cybersecurity and gaming verticals.
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Financial & Performance
BT conscious of energy storm, seeks staff benefits
While CFO Lowth flags work with UK government to brace for energy shortages; CEO Jansen reserves subsidies for cost-of-living help.
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Financial & Performance
H1 FY22–23: BT “on the front foot” as Jansen battles cost and competitive pressures
Jansen confident of a BT “on the front foot” and bullish on upped cost‑saving measures. Efficiencies making headlines (for management) as Group‑wide programmes bear fruit. Macro influences affecting strategy.
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Public Affairs
BT reports 40k broadband user hit from industrial action
Openreach broadband base down 89,000 in Q2, with strikes having significant impact.
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Financial & Performance
BT to face continued BT Sport losses, despite new JV
New joint venture with Discovery estimated to reduce Group revenue by £300m−£350m for FY22−23, with £500m−£600m cut from future FYs.
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Financial & Performance
BT brings OnePhone into Division X fold as unit boosts sales
Converged comms business grows in first year under BT Enterprise.
