Q1 Guidance: BT unmoved by early trouble

Joe Purnell2025-08-05T11:52:00

Source: Priyanka Chechi / Unsplash

Q1 FY25–26: Management reconfirms full-year guidance, with defiance made easier thanks to pessimistic outlook as laid out three months prior. Vague notions of ‘growth’ remain the target by the end of the decade…

This article includes:

Themes: Capital expenditure (Capex); Cost transformation; EBITDA guidance; Financial targets; Free cash flow; Group restructuring; Long-term forecasting; Merger and acquisition (M&A); Revenue guidance; Strategic planning; Sustained growth.
Events: BT Group Q1 FY25–26 results and earnings call.
People: Allison Kirkby.
Geographic: United Kingdom.
Organisations: BT Business; BT Group.

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