Openreach – Page 9
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PremiumBT Q1 FY22–23: ‘Green shoots’ emerging from B2B rubble but investors take fright
Positive headline numbers do little to mask atrophy at Enterprise and Global. City investors badly spooked before and after, despite arguably positive tone and maintained forward guidance.
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PremiumBT Q1 FY22–23 headlines: foundations to build on
Revenue growth puts Group in good stead for coming quarters, with macro pressures an inevitable caveat.
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PremiumElsewhere in Openreach: Updates on regional full‑fibre projects
Openreach updates on regional full‑fibre projects.
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PremiumBT requests “short extension” to Huawei ban deadline
Group blames COVID-19 for delays in removing Huawei from mobile core network.
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PremiumBT people moves: healthcare lead Risse heads to Genesys
Nadja Risse, Global’s Director for Healthcare & Life Sciences, leaves for BT partner Genesys.
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Network & InfraInvestor caution creeps into UK fibre altnet sector
Dramatic macroeconomic changes, supply chain issues, and competition move the goal posts for alternative fibre builders.
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Public AffairsCWU strike looms as BT “refuses” to negotiate
BT and Openreach staff will strike on 29 July and 1 August.
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Public AffairsUnion issues final ultimatum after “incredible” BT strike action ballot
Communication Workers Union will avoid “knee-jerk” decision despite overwhelming majority vote to strike.
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Public AffairsBT has ‘robust’ plan to cope with strike action
BT CTO Howard Watson claims “preparedness” for potential industrial action.
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Public AffairsBT ‘foodbank’ stokes union ire ahead of strike vote
CWU leaders angrily cite food donations for EE call centre staff as an example of employees struggling to make ends meet.
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PremiumBT people moves: Division X and Digital target startup growth
Division X names market development lead; Digital brings in startup partnership specialist.
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PremiumBT Q4 FY21–22: Openreach rallies troops for Jansen’s war
Jansen emphasises importance of fast migration to fibre as defence against wholesale rivals, and BT is heavily recruiting to provision new customers.
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PremiumBT Q4 FY21–22 Spend: FTTP build-out remains a (costly) priority
Openreach’s fibre-related spend surpasses 50% of Group capex.
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PremiumBT Q4 FY21–22 Guidance: Jansen stands defiant
Macro pressures to have an inevitable impact, but not all doom and gloom for BT forecasts.
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PremiumBT Q4 FY21–22 Headlines: off-target but moving forward
Enterprise and Global continue to drag, Openreach unencumbered.
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OperationsOpenreach’s Selley slams ‘tortuous’ process for hiring EU workers
Openreach CEO warns of constraints on pace of fibre network build.
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Network & InfraBT’s Digital Voice switchover on track despite delays
CEO Jansen confident in operator’s ability to rectify problems in analogue-to-digital switchover.
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Network & InfraBT makes steady progress on broadband USO
Latest update shows 4,600 premises connected, with thousands more in the works. Excessive costs remain a problem for rural premises despite Ofcom intervention.
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Financial & PerformanceBT Q4 FY21–22: foundations in place, but cracks widening
Typically rosy Openreach figures relied on heavily for positive spin to results mixed bag.
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Network & InfraSubsea rollout for 15 Scottish islands ramps up
BT partner Global Marine to start deployment of 16 subsea cables from May. Initial survey work completed last year by Fugro and OceanIQ.