After nine years of decline, BT now stands at B2B turnaround ‘start line’

Joe Purnell2025-11-07T12:17:00

Source: Charlie Wollborg / Unsplash

Q2 FY25–26: CEO heralds a reshaping, fully-focused BT Business now beginning its turnaround, nearly a decade after the Group last posted enterprise revenue growth. With International carved out, and several assets offloaded, greater scrutiny should be expected of what is left…

This article includes:

Themes: Asset-lite strategy; B2B turnaround; Business transformation; Capital expenditure; Carve-out strategy; Cloud connectivity; Divestment programme; Earnings call; EBITDA margin; Free cash flow; Legacy services; Managed services; Merger and acquisition (M&A); Multi-cloud networking; Network-as-a-service; Operational simplification; Revenue decline; Revenue growth; Strategic focus; Voice services.
Events: BT earnings call Q2 FY25–26.
People: Allison Kirkby; Bas Burger.
Geographic: France; Germany; Ireland; Italy; Latin America; Spain; United Kingdom.
Organisations: BT; BT Business; BT Enterprise; BT Global Services; BT International; BT Radianz; Crowdstrike; TelcoTitans; Wholesale & Ventures.

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