BT Financial & Performance – Page 4
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BT FY22–23: next-gen expectations are high but Consumer treads water
BT heralds decent operational performance despite competitive market.
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BT FY22-23 Spend: investment increases, efficiencies found
Sports JV helps bring costs down as Group transformation programmes seeks out more savings.
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BT FY22-23 Guidance: sit tight for another few years
Jansen asks investors for patience as slow turnaround expected to bear fruit in coming FYs.
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BT FY22-23 Headlines: good, bad, and plenty in between
Group relies on pro forma figures to find positives.
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BT FY22–23: some done, much more to do as BT looks to the future
BT’s year ends with a positive Q4 but leaves some targets missed.
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Strategy & Change
Drahi builds BT bet as stake nears 25%
French billionaire ups BT holding via Altice UK vehicle but shushes takeover talk.
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BT barely bruised as up to a million disconnect broadband
Citizens Advice data shows swathes of households dropping broadband amid cost-of-living challenge, but BT metrics hold firm.
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Financial & Performance
BT FY22–23: tough talk on jobs hides slow progress and postponed ambitions
Group CEO Philip Jansen sets sights on end-of-decade transformation as BT gets lean, builds on network strengths.
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Elsewhere in BT Business: BT ties with UN for Ukraine support
BT ties with UN for Ukraine support.
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BT welcomes “bold” Spring Budget but altnets left wanting more
Openreach’s fibre rollout plans will benefit from new tax policy, but altnets want more regulatory reform to protect investment.
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BT’s buying rethink adds to arsenal for inflation fight
Work of new procurement finance team at BT said to have provided an important buffer against the impact of escalating inflation.
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Elsewhere in BT Group: BT launches tender offers worth £2.18bn
BT launches tender offers worth £2.18bn following disappointing results
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BT Q3 FY22–23 headlines: big picture positives, details remain devilish
Q3 seen to support BT’s upward trend, building towards an overall good FY defined by major strategic moves.
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BT Q3 FY22–23 spend: work ‘unwind’ means FY will come good
Heavy 9M spend set to be levelled out by drop‑off in Q4
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BT Q3 FY22–23 guidance: finishing with a flourish
BT on track, with heavy weight of burden on Q4 to pull the Group up to targets.
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Financial & Performance
Q3 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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Financial & Performance
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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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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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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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.