BT Strategy & Change – Page 10
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BT Group confirms location of its new London headquarters
BT Group confirmed its new headquarters (HQ) is to be located in Aldgate in East London.
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BT Group is supporting a new research facility in Bristol
BT Group is supporting the establishment of a new £100m research facility in Bristol, in association with the University of Bristol.
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BT Group ready to take Johnson’s fibre call at face value
On the Q1 FY19-20 call, BT management regularly reiterated its willingness to support apparent ambition within the new Johnson government for complete UK full-fibre coverage by 2025. The open embrace did, though, have the feel of calling a bluff that almost, but never quite, tipped over into sarcasm.
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BT Technology’s 2029 vision: a future at your service, as-a-service
Watson concluded the BT Technology Briefing event by providing an insight into BT Technology’s ten-year vision, and how the operator would evolve to meet the changing demands of the communications market.
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BT Group to remove its shares from the New York Stock Exchange
BT Group provided written notice of its intention to delist its American Depositary Shares from the New York Stock Exchange and deregister with the Securities and Exchange Commission, which it anticipates will take effect on 13 September 2019.
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Public Affairs
Ofcom to support Openreach with regulatory changes
Ofcom launched a consultation on regulatory changes it is proposing that will support Openreach’s plans to deliver universal fibre-to-the-premise (FTTP) in the city of Salisbury, as part of its Fibre First programme (BTwatch, #303, #304, and #305).
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BT Group management update: Q1 FY19-20
Fewer positive indicators for the Group as competition weighs on Consumer, but signs that business-focused divisions are building momentum. Jansen already straining at the confines of existing BT strategy, and promises more aggressive stance in retail sectors. Allera’s more-for-more focus under pressure with fibre price-cuts, delays in bundling Sky ...
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BT Technology discusses need for modernisation
BT’s Chief Platform Architect says that telcos need to prioritise the modernisation of their systems.
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Openreach keeps rolling as competition builds
Openreach continued to trumpet progress with its Fibre First programme, with the addition of another 36 locations where it plans to build its FTTP network in the next twelve months, taking the total to 74.
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BT Technology a big spender, but keen on getting value
Divisional Chief Financial Officer John Beswick noted the spending power of BT Technology, with the entity accountable for £1.6bn of the £19bn that the Group spends in total on operating expenditure (opex) in the UK.
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BT Group beefs up security credentials
BT focus on security intellectual property highlighted by influential researcher, as BT plays a part in the cybersecurity arms race.
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UK government increases funding in quantum technologies
The UK government announced £94m in funding for the National Quantum Technologies Programme.
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Public Affairs
Labour Party considering BT renationalisation
The opposition Labour Party in the UK is considering speculative plans regarding a potential renationalisation of BT Group.
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BT Group management update: FY18-19
The results marked Jansen’s major public bow as head of the Group. New CEO was frank on the challenges facing BT, and equally honest in recognising no easy answers. Another year of falling revenue and EBITDA framed as a managed retreat in non-strategic areas, and in line with transformation ...
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BT Group’s FY19–20 guidance: going down, but preparing to go up
BT’s plans to accelerate transformation, and push ahead with fibre rollout while improving customer experience, expected to impact its guidance for the 2019-20 financial year. Adjusted revenue expected to record a 2% drop for the year, with regulatory pressure and more competitive markets cited as key causes, alongside the ...
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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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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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BT Group’s strategy expectations outlined in 2019’s AGM
BT’s next-generation networks and internal transformation goals discussed.
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Operations
BT Group scales new peaks with IT transformation expedition
The Da Vinci project is putting human-centric design at the core of BT’s IT approach, requiring a fundamental change in outlook for the telco. Higham’s programme helping BT cut IT costs by nearly 40%, while improving internal perceptions of the Group’s IT function through new services. Da Vinci approach ...
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BT's transformation plans heat up under Prospect resistance
BT grapples with unions, as it seeks to implement restructuring measures to cut costs. Prospect members vote to veto cost-cutting plan. BTFS transfer pushed through despite CWU grumbles.