Audit Office report cannot verify that two broadband projects “achieved value for money”. High service take-up rates suggest not all public funding was needed. NI expected to claw back £14m of public funds from BT. Hopes for £165m Project Stratum to deliver better outcome for rural broadband.
New CDIO committed to radical cultural change, fostering an entrepreneurial spirit, and a willingness to embrace the risk of failure. BT’s slow start on digital transformation an opportunity to leapfrog a generation of innovation. Group CEO Jansen’s persuasiveness key to convincing Mehta of BT’s potential as a TechCo.
Altice buys minority stake but claims no intention of full-fledged takeover. Seeks to support BT’s strategic fibre, for which Drahi has genuine zeal. BTwatch explores industrial logic and financial machinations behind move.