All BT Group articles – Page 36
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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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Premium
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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Innovation (R&D)
BT’s Etc. to incubate, accelerate as “startup from within”
Speaking to TelcoTitans, Head of Product Zoe Dyer talks up the work of new incubation unit Etc.
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Premium
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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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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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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CWU seeks government intervention in BT pay dispute
General Secretary Dave Ward urges government to launch inquiry into “these boards” who are “ripping off society”. BT and Openreach staff downed tools in two‑day strike action. No resolution in sight as impasse continues. Limited impact on day‑to‑day network unlikely to aid union’s cause. Asked if frontline staff could ...
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Premium
Elsewhere in BT Group: Altice USA eyeing up Suddenlink
Altice seeking sale of US subsidiary to pay down debt and potentially up stake in BT; face‑off between Swantee and Dunne in Phones 4u High Court case.
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M&A
Eutelsat in talks with OneWeb to build unified satellite player
French satellite operator Eutelsat confirms talks to merge with UK government-backed OneWeb.
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M&A
BT–Discovery merger gains regulatory approval
Competition and Markets Authority signs off on long-mooted 50:50 JV.
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Premium
BT requests “short extension” to Huawei ban deadline
Group blames COVID-19 for delays in removing Huawei from mobile core network.
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Premium
UK gov rallies BT and peers for discount drive
Cost‑of‑living challenges get political attention after BT calls for government leadership.
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Innovation (R&D)
BT-backed drone Skyway earns government funding
BT continues drone development with participation in Skyway project.
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Premium
Elsewhere in BT Group: BT Legal and Factor extend patnership
BT Legal extends outsourced relationship with Factor
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Premium
BT people moves: healthcare lead Risse heads to Genesys
Nadja Risse, Global’s Director for Healthcare & Life Sciences, leaves for BT partner Genesys.
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Network & Infrastructure
Elon Musk’s SpaceX urges ‘light-touch’ regulation for satellite expansion
SpaceX aims to triple UK gateway footprint but facing scrutiny from Ofcom under recently instated regulatory powers.
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Network & Infrastructure
Investor caution creeps into UK fibre altnet sector
Dramatic macroeconomic changes, supply chain issues, and competition move the goal posts for alternative fibre builders.
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M&A
VM O2 said to table TalkTalk bid
Talks said to be in early stages, with initial offer reportedly valuing altnet at about £3bn.
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Public Affairs
CMA investigates BT Sport over “suspected breaches” of competition law
UK Competition and Markets Authority launches probe into possible cartel-like behaviour among sports broadcasting arms of BT Group, IMG Media, ITV, and Sky.
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Public Affairs
CWU strike looms as BT “refuses” to negotiate
BT and Openreach staff will strike on 29 July and 1 August.