BT Group – Page 10
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M&A
DAZN retakes lead in BT Sport race
Sports streaming specialist in pole position to land $800m deal. Discovery JV still a possibility, but cash injection may be preferable as BT invests in 5G and fibre rollouts.
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Operations
BT’s Mehta keen on ‘massive’ Indian expansion
Chief Digital and Innovation Officer wants to make “full use” of digital skills in the country. Outlines “very, very different” challenges compared to UK marketplace. Wider digital transformation “almost like creating a new BT”.
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Financial & Performance
BT OnePhone reports pre-buyout sales jump
Double-digit growth reported by converged comms business ahead of BT’s recent deal to secure full ownership. Despite expansion, question mark continues to hover over payout for stake add-on.
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Strategy & Change
BT ramps up health tech plans with formation of Clinical Advisory Board
Eight NHS clinicians will aid BT in development of its healthcare solutions. Latest in a string of moves showcasing the telecom’s healthcare ambitions.
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Products & Services
Nozomi added to BT security portfolio
Partnership will see OT, IoT specialist’s solutions resold via BT.
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Innovation (R&D)
DCMS allocates £36m in R&D funding for 5G projects
Future RAN competition rewards 15 companies, including four BT partners. UK government distributes funds as part of its Supply Chain Diversification Strategy. Also sets target for 35% of UK mobile network traffic to be carried via open RAN by 2030. 2G, 3G expected to be retired by 2033 at ...
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M&A
Reliance denies interest in acquiring BT stake
BT share price jumps on report that Indian conglomerate eyeing a move for UK incumbent. Reliance quick to dismiss the article as “completely speculative and baseless”, but City still excited.
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Premium
BT people moves: new chief at BT Defence
Cole takes reins from retiring Boyle at BT Enterprise’s Defence division. Architecture directors named at BT Digital. EE’s Bennett joins host of former BT execs at challenger Freshwave. Shuter’s innovation and investment arm Division X makes two senior changes.
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Partnerships & Alliances
BT Group appoints pensions advisory partner
XPS Pensions Group will support BT’s established in-house team.
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Venturing & Investments
BT forms team to target strategic startup investments
Group getting back in funding game, focusing on startups in North America and Europe. New Digital division’s focus on platforms and partnerships at centre of push.
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Premium
BT people moves: BT Digital firms up Consumer and Operations leadership
Thomas Duecke pivots from Global and Kevin Lee moves from eBay to join BT Digital’s top-table. BT Sourced lures Fulden Sener to new Dublin offices, while Carmel McInally’s exit leaves a vacant IT Procurement post. Enterprise finance leadership changes.
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Strategy & Change
Digital duo plan to be catalysts of change for BT
Incomers Harmeen Mehta and Rob Shuter are tag-teaming to bring their external perspectives to BT’s digital transformation plans. Enterprise unit set to become a route to market for emerging services, with a “fail fast” mindset. BT described as receptive to need for change, but Mehta calling for people to ...
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Strategy & Change
BT establishes new digital health unit
Group recruiting for newly formed Digital Healthcare division. Unit to develop e-health startup ecosystem, with provision of path-to-market options. ‘BT Incubation’ revealed as working title for broader tech accelerator branch.
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M&A
CityFibre eyes fresh cash injection
Press reports suggest Openreach challenger will announce fresh funds through stake sale and bond issue.
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Strategy & Change
BT to export ‘made in Scotland’ 5G innovations
BT’s Simon Haston highlights importance of ensuring 5G use-cases can be “translated globally”. Focus placed firmly on commercial viability.
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Financial & Performance
BT Q1 FY21–22: another toughie, but with promise(s)
Q1 reiterated as a road to a recovery that will materialise in H2. Consumer reviving but Global eponymously damned. Microsoft deal more than slideware. Virgin Media–O2 FTTP investment could be a backhanded compliment and gift to BT.
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Strategy & Change
BT Global shuts down Kuwait HQ
Division’s rationalisation of Middle Eastern footprint continues as Group confirms closure of Kuwaiti facilities. Residual presence in country — and region — maintained via new reseller alliance with Ooredoo.
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Premium
BT people moves: high-flying Finance swaps
Brenchley, Lockwood, and Smith pivot in executive finance positions across Group entities. O’Flaherty settled into permanent CIO posting, leaving interim MD, IT role vacant at BT Digital.
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Strategy & Change
Shuter shake-up preps BT Enterprise for growth
New CEO Rob Shuter presented his plan for BT Enterprise. He’s shaking things up for future growth, but first priority is stabilising revenue decline. Revamped organisation tightens commercial focus on customer segments. New Division X to place bets in high-growth areas, with inorganic ventures aligned with BT Digital agenda. ...
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Premium
BT people moves: BT Sourced adds procurement expertise
Rogers’ Barberis joins BT’s Dublin buying function as B2B VP. Openreach names new leads for partner management and fibre build as FTTP targets grow. BT Global Director Ladha heads for the door. HR rotations at Group and Enterprise.