Premium BTwatch content – Page 24
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BT spend: opex coming down, capex still building to peak
Simplified systems are bringing efficiency but lower trading giving an unwanted helping hand. Capex rising, but a sharp decline is anticipated with copper switch-off.
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BT guidance: EBITDA recovery on horizon, sales rise fainter
Two more years of revenue decline ahead, but EBITDA improving and underpinning investment plans.
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Margins slip as BT Consumer pursues quality
Another tough COVID-19-impacted quarter but management playing the long game, with a focus on premium services. Network investment continuing as division seeks an uplift from next-generation platforms. BT reputation improving, but weaknesses remain outside core products, necessitating dual-brand approach. Commercial partnerships remain a key strategic element, but hit to ...
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BT Global braces for more COVID-19 headwinds
Precipitous revenue declines continue for Global as pandemic makes its presence felt, but mitigation measures and ongoing transformation ease the pain on profit levels. Growing underlying strength of division offers hope beyond an anticipated tough second half.
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Elsewhere in BT Enterprise: Qualcomm gets 5G praise
Qualcomm 5G access role praised, Wholesale gets Gigabit-ready.
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Strategy & Change
Elsewhere in Openreach: engineers honoured, Welsh targets in sight
Engineers honoured with MBEs; fibre expansions trumpeted in Scotland and Wales; and PSTN switch-off trudges on.
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Elsewhere in BT Technology: open source on the wishlist
Calls for greater open source collaboration, BT breaking technology silos with ‘speed-dating’, persistent Emotet threat flagged.
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Elsewhere in BT Group: Swantee eyes wholesale customers
Swantee eyes BT wholesale customers, Pourrat urges EV grants, Group supports new employee saving scheme.
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Elsewhere in BT Consumer: BT TV loses Disney, BT Sport battles lockdown
BT Sport offers helping hand to closed Scottish pubs; Disney’s strategy shift makes impact for BT TV customers; Allera says Apple’s entrance to the 5G device market has huge potential.
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BT people moves: strategy directors rotate
Anna Crawley takes corporate strategy lead. Openreach regional fibre top-spots filled.
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Strategy & Change
Elsewhere in Openreach: innovation in the crosshairs
Openreach targets innovation, Vodafone launches gigabit services, superfast stymied by capacity gap.
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Elsewhere in BT Global: McAfee flags BT role
Financial services business grows, US military renews contracts, McAfee flags BT role.
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Elsewhere in BT Consumer: Carphone exited, finally
Carphone dumped, BT Mobile abandons premium services, BT Sport adds OTT interoperability
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Elsewhere in BT Technology: Watson calls for sustainability fix
BT’s Watson makes a call-to-action over wireless industry’s energy usage, saying power-hungry mobile networks need a sustainability “fix”.
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Elsewhere in BT Group: SEC exit nears
BT backing off office space rental plans, SEC exit nears, rival TalkTalk set to de-list.
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BT TV: A tale of two UIs
The evolution of BT TV reflects a BT journey from an outward-looking “buy” approach to new technology, to a more self-reliant “build” mindset. Divisional BT architects said to have re-focused on project delivery, with strategically-minded enterprise architects taking a Group-wide perspective.
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BT takes charge of 5G factory floor
BT collaborates with Worcestershire 5G (W5G) testbed and Ericsson to install ‘live’ 5G factory. Runs and manages private 5G network for Worcester Bosch. Takes technology lead at W5G to accelerate UK adoption of smart-manufacturing.
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Strategy & Change
Green sees ‘correction’ in TV sports rights prices
BT is attempting to turn down the heat on expectations for broadcast sport auctions in a market that has already seen signs of cooling.
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Numbers: no sport and shut businesses take their toll
While whole Group faces headwinds, Consumer and Enterprise take the brunt of COVID-19 impact. The “usual” working capital payments on top of slumping earnings result in negative cash flow for the quarter.
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Spending: capex surge still around the corner
Lockdown slows network rollout, but capex remains on track to ramp up from next year. Existing cost cutting to be coupled with pandemic-driven spending reviews for additional sustainable savings. New Huawei rules said not to add to BT’s swap-out burden.