Latest BT Insight – Page 53
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Partnerships & Alliances
Arqit CEO lets slip mixed feelings about BT links
Startup boss concedes that its partner is also a QKD competitor, which “changes the addressable market somewhat”. He also tellingly describes BT as “very cautious” at a time when terrestrial QuantumCloud on cusp of commercial rollout.
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M&A
CityFibre eyes fresh cash injection
Press reports suggest Openreach challenger will announce fresh funds through stake sale and bond issue.
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Premium
Q1 FY21–21: Consumer slips into recover mode
Work in progress to deliver on the converged, addvalue dream. Initial pandemic bounce back benefits BT Sport, but mobile still in hibernation. Strong performance on FTTP, but rivals stepping up.
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Premium
Q1 FY21–22: Enterprise down but not out
Bad ‘old’ still swamping the ‘new’. Positives in an order book rebound and improved EBITDA. Shuter has a huge task to pivot the division, but clear opportunity for ‘New BT’.
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Premium
Q1 FY21–22: Global retains Jansen’s support in adversity
Digging beneath the barrel to find positives in Q1. Jansen a true believer who sees Global keeping pace with peers, buffeted by forces beyond its control, and well placed along with Enterprise to boost BT when corporate and public sector business bounces back.
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Premium
Q1 FY21–22: Openreach shines again
It just looks so easy to upgrade and migrate the nation to fibre and IP while keeping a pack of massively funded jackals at bay. Even the odd slip looks like a sign of inherent strength. All key KPIs improving … and Gfast, too.
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Premium
BT doubles down against overcharging allegations
Group intends to “vigorously defend” itself against a class action lodged with competition authorities that alleges historic overcharging for voiceonly customers.
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Premium
BT soothes relations with disgruntled CWU
BT finds common ground with workers’ union by making series of job security assurances. CWU’s Count Me In campaign bears fruit, with 2022 pay rise in pipeline for staff. Group transformation roadmap unaffected.
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Premium
Qualitest expands 5G testing role
5G network expansion provides further opportunity to increase remit of software testing company Qualitest.
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Premium
Elsewhere in BT Group: BT Sourced’s new home
Better Workplace marches on; BT Sourced finds a home.
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Premium
Elsewhere in BT Technology: BT taps iTrinegy
BT taps iTrinegy expertise for vRAN R&D; McRae sees optical future.
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Premium
Elsewhere in BT Consumer: BT Sport picks up rights
Consumer unit enhancing support for, and engagement with, vulnerable customers; BT Sport picks up topflight rights.
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Premium
Elsewhere in BT Global: expanded Box partnership
Global opens fresh Box partnership; delivers Google managed security services.
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Strategy & Change
Elsewhere in Openreach; expanded FTTP rollout
Openreach expands FTTP rollout, and expands cablelaying contracts to support the plans.
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Premium
Elsewhere in BT Enterprise: BT tests IoT platform
BT puts IoT platform through its paces; MVNOs show opportunism on EE’s 5G network; Airwave operator under heat from UK regulator.
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Suppliers & SCM
BT protégé DoubleMe doubles down on 5G and MEC
3D image processing specialist highlights collaboration with BT, DT, Telefónica, Vodafone, and others to realise real-time ‘metaverse’ ambitions using 5G.
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People
BT confirms Crozier as ‘turnaround’ chair
Former ITV CEO unanimously picked to replace Jan du Plessis, with BT highlighting his experience in changing the fortunes of struggling public and private businesses. Digital evolution and a return to growth highlighted as key priorities for Crozier-era BT.
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Strategy & Change
BT to export ‘made in Scotland’ 5G innovations
BT’s Simon Haston highlights importance of ensuring 5G use-cases can be “translated globally”. Focus placed firmly on commercial viability.
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M&A
Höttges “ready” for Drahi tête-à-tête after BT raid
DT confirms Altice’s secretive acquisition of a large BT holding went unflagged. Group “open” to discussions and sees prospect of “exciting” developments towards end of 2021. DT accentuates lack of pressure to sell up, should Altice target its holding.
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M&A
DT interest Community Fibre subsumes rival
FTTP altnet backed by BT shareholder absorbs assets of smaller fibre builder. Business now looking “beyond London” as it continues to accelerate growth. Community Fibre’s FTTP footprint stands at 300,000 premises. Acquisition not impacting commercial operations or leadership structure of “independent” merger partner.