All BT Group articles – Page 13
-
Strategy & Change
‘Ripping off the plaster’: BT braces for short-term pain to right long-term B2B wrongs
BT Business CEO Bas Burger warns that the division’s turnaround programme will be necessarily painful, with benefits only set to emerge after a difficult beginning.
-
Strategy & Change
Gupta comes out swinging as BT Business plots UK corporate renaissance
Jansen-anointed “chap called Ashish” is charged with reviving UK corporate and public sector business, and declares the unit ready to “return to good” and compete in an ultra-competitive market, with rivals including integrators Capgemini and ATOS in his sights as well as rival operators Vodafone and Virgin Media O2.
-
Partnerships & Alliances
BT taps Telstra for Asia-Pacific broadcasting reboot
Operators’ media and broadcasting arms unite to deliver unified media network, extending BT and Telstra reach into Asia-Pacific.
-
M&A
BT eyes musicMagpie: flailing gadget marketplace offers circular economy, consumer tech boost
musicMagpie confirms “very early” talks with BT and private equity partner Aurelius as operator seeks to spin up circular economy credentials, stretch into consumer retail via New EE.
-
Partnerships & Alliances
BT exploring HAPS-based 5G business case as R&D taxis for take-off
Partnership with Stratospheric Platforms sees HAPS-based 5G tested at Adastral Park ahead of airborne trials next year.
-
Financial & Performance
BT pensions deficit way down in face of oncoming headwinds
BTPS deficit down more than 50% as management express pleasure with progress towards full funding; de-risking also in full swing, likely of interest to potential investors/takeover bidders…
-
Public Affairs
Phones 4u trial: UK MNOs cleared of collusion; appeal possible
Tough ruling for administrators who bet tens of millions on winning vast damages with collusion claim. O2, EE, Vodafone and then-parents Telefónica, Deutsche Telekom and Orange may have dodged biggest hits, but reputational damage could linger. Read more on ruling, backstory, next…
-
Financial & Performance
BT’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.
-
Financial & Performance
BT 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.
-
Financial & Performance
H1 FY23–24: BT Consumer convergence dreams yet to manifest
Increase in Consumer broadband and mobile ARPU positioned as a key highlight for first half of the year, but more to be done on convergence — increasingly seen as a key focus for driving Consumer revenue growth.
-
Financial & Performance
H1 FY23–24: BT Business trapped between ‘the old and the new’
Revenue steadies for Business, but EBITDA takes another dip as higher value legacy contracts expire and are yet to be replaced.
-
Financial & Performance
Spend: BT expenses rise despite cost-cutting focus
BT H1 FY23–24: Operating expenditure continued to grow but capital outlay brought under control.
-
Financial & Performance
Headlines: 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.
-
Financial & Performance
Guidance: 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.
-
Financial & Performance
Jansen 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.
-
People
Gavin Patterson takes chair at utility platform player Kraken
Former BT chief to help scale cloud-based supply chain automation platform in the energy sector and beyond.
-
Suppliers & SCM
BT’s buying chief Pourrat injects risk management into the Sourced DNA
BT Sourced CEO on how instilling “culture of risk” within organisation’s DNA has enabled it to “react immediately” to supply chain disruptions.
-
Suppliers & SCM
SAP 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.
-
Network & Infrastructure
UK MNO trio call for deadline extension as Shared Rural Network stagnates
Laggards Three, VM O2, and Vodafone ask for two-year delay to interim timeline to account for claimed planning permissions and pandemic obstacles. EE smugly maintains committment.
-
Strategy & Change
BT Business to slash product portfolio as CEO Burger lifts lid on strategy
B2B division to “do fewer things” in bid to drive efficiency, focus on customer outcomes, seek growth.