BT Financial & Performance
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Public AffairsPwC fined for BT Italia fraud case
Auditor handed £1.75m fine for lack of “professional scepticism” relating to BT’s Italian operations.
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Financial & Performance
BT rocked by Virgin Media loss as MVNO revenue slumps
BT Wholesale’s mobile revenue drops 75% year-on-year after Virgin Media completes Vodafone migration.
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Financial & Performance
BT Q1 FY22–23: ‘Green shoots’ emerging from B2B rubble but investors take fright
Positive headline numbers do little to mask atrophy at Enterprise and Global. City investors badly spooked before and after, despite arguably positive tone and maintained forward guidance.
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Financial & Performance
BT Q1 FY22–23 headlines: foundations to build on
Revenue growth puts Group in good stead for coming quarters, with macro pressures an inevitable caveat.
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Financial & Performance
BT Q1 FY22–23 spend: modernisation makes it mark
Usual cost control and efficiency gains hit the spot for Group spend.
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Financial & Performance
BT Q1 FY22–23 guidance: outlook held, numbers stack up
Management remains confident in growth outlook, with initial FY guidance confirmed.
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Strategy & Change
BT’s emissions jump 5% in a year
Group pins rise on pandemic ‘rebound’ and fibre build necessities.
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Network & Infrastructure
BT CTO targets broadcast revenue from all-IP switch
Howard Watson is eyeing up broadcasters’ distribution spend to help fund network investment as TV goes digital.
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Enterprise (B2B)
BT sees public deals erode as IT giants rise
BT sees its share of government telecoms revenue slide as Virgin Media O2 gains ground.
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Financial & Performance
BT Q4 FY21–22: Openreach rallies troops for Jansen’s war
Jansen emphasises importance of fast migration to fibre as defence against wholesale rivals, and BT is heavily recruiting to provision new customers.
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Financial & Performance
BT Q4 FY21–22: Global remains in transition
Division’s sales and profit continue to slide rapidly. Difficult macro environment blamed, along with digital shift that Global remains in process of getting a handle on. Management reassures over progress on product portfolio revamp.
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Enterprise (B2B)
Q4 FY21–22: uncertainty hovers over UK B2B
Another downer from Enterprise as growth is slow to materialise.
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Consumer (B2C)
Q4 FY21–22: Consumer bullish despite more flat figures
Branding changes and convergence prospects pave the path for growth.
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Financial & Performance
BT Q4 FY21–22 Guidance: Jansen stands defiant
Macro pressures to have an inevitable impact, but not all doom and gloom for BT forecasts.
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Financial & Performance
BT Q4 FY21–22 Spend: FTTP build-out remains a (costly) priority
Openreach’s fibre-related spend surpasses 50% of Group capex.
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Financial & Performance
BT Q4 FY21–22 Headlines: off-target but moving forward
Enterprise and Global continue to drag, Openreach unencumbered.
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Suppliers & SCM
Arqit excited by prospects despite controversial report
BT-partnered quantum encryption startup’s share price remains sharply down following savage WSJ article.
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Financial & Performance
BT Q4 FY21–22: foundations in place, but cracks widening
Typically rosy Openreach figures relied on heavily for positive spin to results mixed bag.
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Products & Services
BT Final Mile locker network expands
Calor and EDF Energy named as third-party customers for Final Mile service. Pelipod revenue has been rising, but so have losses. CJ Retail Solutions was awarded the locker installation contract.
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Financial & Performance
BT Q3: king of a still-wobbly hill
Corporate weakness postpones recovery, with BT Global recuperating and BT Enterprise still in surgery. Rational rivals embraced, but warned of “Armageddon scenario”, with Sky current BFF. Discovery tie-up a win-win for BT Sport (but what about for BT itself?). Openreach charges on, hitting new records for FTTP connections and ...
