BT Financial & Performance – Page 10
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BT Group confirmed agreement to sell headquarters in St Paul’s, London
BT Group confirmed that it has agreed the £209.5m sale of its headquarters (HQ) building in St Paul’s, London.
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Many potential buyers for BT Ireland
A number of companies are considering bidding for BT Ireland after the unit was recently put up for sale, according to reports, with indications that the process has moved beyond first-round bids. The business was said to have been put up for sale at €400m (£358m), although sources expect ...
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BT steps back on ultrafast target, promises leap forward
BT’s FY20-21 ultrafast rollout target down to ten million from twelve million, but full fibre to the fore. Government distaste for G.fast appears a crucial element of BT’s decision.
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Strategy & Change
Jansen pitches share ownership to shift BT Group culture
A new scheme aims to award £500-a-year in shares to each of the Group’s 100,000 employees, as Jansen encourages cultural change at BT.
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Government releases £40m more for 5G trials
Latest £40m for 5G use case development applied to logistics and manufacturing. DCMS also flags promises of simpler planning, and more spectrum, although plans remain vague. Operators still waiting for clarity on government’s 5G supplier review.
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BT Group’s strategy expectations outlined in 2019’s AGM
BT’s next-generation networks and internal transformation goals discussed.