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

Joseph Purnell2025-05-30T14:04:00

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.

This is TelcoTitans Professional Subscription content. Subscribe now.

Already a subscriber? Sign in here, or contact us to check if your company has access.

Become a TelcoTitans Professional Subscriber

Read this article and get full access to all TelcoTitans premium telco and digital infra content by subscribing today.

TelcoTitans Professional subscriptions include:

Full access to all TelcoTitans online news, insight and analysis, including Professional-only and deep-dive content on leading tier-1 telcos
Professional-only premium weekly CSP briefings and newsletters
Industry-leading insight and analysis that you simply cannot get anywhere else

“Super intelligence, consistently high quality, compact and easy to digest” – Deloitte.

Subscribe to TelcoTitans Professional today