Openreach – Page 4
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Financial & PerformanceBT’s Jansen bows out, buoyant as ever: hints of recovery, decimated valuation
H1 FY23–24: CEO Philip Jansen’s final earnings call brings a workmanlike set of results with some bright spots to give reason enough to gloat, but slow progress on B2B turnaround and dragging fibre build indicate scale of challenge for successor Allison Kirkby.
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Financial & PerformanceBT gives glimpse into Openreach’s future as cash flow generating FibreCo
BT Group CEO Philip Jansen boasts of fibre progress, but guidance for coming quarters indicates Openreach will fall short of FY23–24 fibre build ambitions.
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Financial & PerformanceSpend: BT expenses rise despite cost-cutting focus
BT H1 FY23–24: Operating expenditure continued to grow but capital outlay brought under control.
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Financial & PerformanceHeadlines: BT hits stride as key financials see growth
BT H1 FY23–24: Growth in revenue and EBITDA make for positive reading, but the usual Business drag brings numbers down.
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Financial & PerformanceGuidance: outlook reaffirmed as Jansen claims a job well done
H1 FY23–24: CEO claims to have set BT up for momentum towards longer-term targets thanks to strategic focus on network investment.
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Financial & PerformanceJansen concedes losses to altnets as Openreach set to miss annual fibre build target
BT Group CEO Philip Jansen boasts of fibre progress but guidance for coming quarters indicates Openreach will fall short of four million premises passed in the FY; earnings call included a rare admission that Openreach lines are being lost to altnet rivals.
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Suppliers & SCMSAP trumpets role in transformation gains at BT
ERP player SAP declared success for solution deployments fulfilling commitments made in a strategic partnership signed in 2019.
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PremiumElsewhere in Openreach: Openreach altnet rival hits connections milestone
Openreach altnet rival hits connections milestone.
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Network & InfraOpenreach wants higher Scottish FTTP take-up after one million passed
Operator reveals 20 locations across Scotland with best FTTP coverage after passing one million premises, up from 850,000 this May.
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PremiumBT people moves: Group names new Chief Data & AI Officer in digital push
Ex-Nokia and Telefónica product lead Deepika Adusumilli appointed Chief Data & AI Officer at BT.
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PremiumINCA calls for Openreach breakup
Altnet industry group urges government scrutiny of telecoms regulator, asserting that recent decisions put fibre investment at risk.
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PremiumOpenreach provides a square deal for BDUK
No sign of excess returns as government investment provides speed boost for rural areas.
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PremiumBT people moves: EE Commercial Director on the way out
Bridget Lea, EE’s Managing Director of Commercial, decides to leave the operator after almost three years to join social media company Snap Inc.
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Network & InfraOpenreach calls time on copper, turns attention to all-IP
Digital Voice rollout extends to regions as UK-wide WLR stop-sell enforced.
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PremiumBT people moves: new digital business MD selected
Harry Singh named MD of Digital Business at BT Business.
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PremiumBT Q1 FY23–24 Headlines: revenue boosted as price hikes pay off
Revenue up across every division; EBITDA follows suit in all but Business.
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Network & InfraOpenreach cuts costs and boosts rural network with fibre tech
Operator’s subtended headend technology saves £10m in fibre building costs.
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PremiumElsewhere in Openreach: Openreach passes 700,000 premises in Wales
BT accused of underplaying risk of altnets.