BT FY24−25 Spend: ‘on and off’ contractors help keep cost-cutting on track

btw365-tt-fy25 spend

Source: Silvia Brazzoduro / Unsplash

BT’s long-running cost-cutting campaign is in full swing, with headcount cuts driving the savings. Capex continues to rise despite earlier promises, but the (revised) peak is in sight…

This article includes:

  • Organisations: BT; BT Consumer; BT Digital; BT Group; BT International; Openreach; Zen Internet.
  • Geographic: UK.
  • People: Allison Kirkby; Philip Jansen; Richard Tang; Simon Lowth.
  • Themes: 5G; Asset sales; Automation; Broadband; Capital expenditure; Cost savings; Desk space productivity; Earnings call; EBITDA; Energy consumption; Fibre build; Free cash flow; FTTP; Headcount reduction; Labour costs; Legacy networks; Modernisation; Multinational corporate customers; Network efficiencies; Operational discipline; Procurement savings; Revenue decline; Service revenue; Share price; Simplification; Subcontractor management; Transformation.
  • Events: BT Group earnings for FY24–25. 

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