BT Global – Page 2
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Financial & Performance
BT’s Jansen bows out, buoyant as ever: hints of recovery, decimated valuation
H1 FY23–24: CEO Philip Jansen’s final earnings call brings a workmanlike set of results with some bright spots to give reason enough to gloat, but slow progress on B2B turnaround and dragging fibre build indicate scale of challenge for successor Allison Kirkby.
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Financial & Performance
H1 FY23–24: BT Business trapped between ‘the old and the new’
Revenue steadies for Business, but EBITDA takes another dip as higher value legacy contracts expire and are yet to be replaced.
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Financial & Performance
Spend: BT expenses rise despite cost-cutting focus
BT H1 FY23–24: Operating expenditure continued to grow but capital outlay brought under control.
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Financial & Performance
Headlines: BT hits stride as key financials see growth
BT H1 FY23–24: Growth in revenue and EBITDA make for positive reading, but the usual Business drag brings numbers down.
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Financial & Performance
Guidance: outlook reaffirmed as Jansen claims a job well done
H1 FY23–24: CEO claims to have set BT up for momentum towards longer-term targets thanks to strategic focus on network investment.
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Partnerships & Alliances
BT takes ‘first step’ in Google Cloud cybersecurity partnership
Pair extend partnership to the realm of cybersecurity, with BT becoming official reseller of Google Chronicle-based Autonomic Security Operations offering.
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BT people moves: EE Commercial Director on the way out
Bridget Lea, EE’s Managing Director of Commercial, decides to leave the operator after almost three years to join social media company Snap Inc.
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Enterprise (B2B)
BT sees SMEs under attack as cybersecurity becomes a strategic priority
As ransomware growth plateaus, cybercriminals are said to be extending their reach to cover smaller targets, with digitalisation creating heightened SME vulnerability.
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Financial & Performance
BT Business boosted as Consumer made to pay its way
Reallocation of costs one month after FY22–23 announcement sees Consumer profitability and cash flow contribution slimmed down as Enterprise sees improvements.
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BT people moves: flurry of changes for Business
Laura Galvin named Finance Director of International Business at BT Business.
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Partnerships & Alliances
BT builds trading bet with unified comms partnership
BT to integrate the Flexenet Private Wires connectivity into its unified comms and collaboration platform, BT Trading.
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BT FY22–23: BT buys time with merger as B2B troubles linger
Global and Enterprise go out with a whimper, as Jansen stresses merger cost savings will provide breathing space for BT to refocus in the B2B sector.
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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 Headlines: good, bad, and plenty in between
Group relies on pro forma figures to find positives.
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BT people moves: Watson unveils networks leadership changes
Long‑serving BT Networks Director Jim Dempsey set to be replaced by Kirsty Baxter-Smith.
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BT loses out in EU data exchange controversy
Decision to award €458m TESTA contract to BT Global Services Belgium revoked after legal debacle.
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BT people moves: Networks leadership revamp reveals Whitley successor
Gabriela Styf Sjöman to succeed outgoing R&D Chief Tim Whitley this June.
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BT people moves: Cuevas joins advisory board at gov R&D network
Maria Cuevas, Networks Research Director for BT’s Applied Research, joins Advisory Board for soon-to-launch UKTIN.