Openreach eases fibre build, puts the hammer down on connections
Joe Purnell and Neal Doran2026-11-05T17:10:00
Incumbent will miss its year-end 25 million premises target, but a three-month extension barely dents BT’s increasingly upbeat fibre narrative. The bigger question is whether surging take-up can now translate into the cash flow and retail growth.
This article includes:
- Themes: Broadband ARPU; Fibre broadband; Fibre take-up; Fibre-to-the-premises (FTTP); Free cash flow; Network investment; Pension deficit; Retail broadband.
- Events: BT Q2/H1 FY26–27 results.
- People: Allison Kirkby; Andrew Lee; Patricia Cobian.
- Geographic: UK.
- Organisations: BT; BT Consumer; BT Pension Scheme; Goldman Sachs; Openreach.