All BT Group articles – Page 42
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Premium
BT people moves: BT Federal fills out
Mike Barthlow appointed CEO at BT’s US public sector division, with senior reports changed in parallel. BT’s healthcare focus tightened with a new HealthTech Incubator under Harmeen Mehta’s Digital domain and strategic health programme lead named at Enterprise. Openreach Service Delivery changes as Olly Kunc ships out.
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Operations
Newgate St: BT has left the building
Facilities management partner completes “decommissioning” of the Group’s former HQ, ending long historical association with St. Pauls location.
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Suppliers & SCM
Chipset shortages delay Openreach provisioning
Ongoing chipset shortages lead to Ethernet product delays at Openreach, adding to problems flagged last year. Semiconductor supply and demand imbalance set to last at least another twelve months. Supply chain problems a recurring theme at BT, too.
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Network & Infrastructure
Macquarie linked with £10bn UK infrastructure boost
Australian group points to planned investments in UK broadband. Macquarie has snapped up local providers including KCOM, Voneus, and Wavenet.
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M&A
Discovery JV: BT Sport to be unbundled from BT
Another twist to the tale as BT and Discovery enter exclusive discussions. Jansen indicates agreement encompasses Eurosport UK and ‘Discovery app’, hinting at sports content tie-up; says deal has “no downsides”. The move could be a huge blow to DAZN, which appeared to have secured an $800m buyout.
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Premium
BT takes open RAN for a spin with Nokia
Hull trial puts Nokia’s near-real-time RIC and xApps through their paces. Goal is to optimise EE’s network performance. Open RAN Innovation Centre at Adastral Park facility slated for launch “later” in 2022.
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Premium
Mehta brings new talent to BT Digital
Vodafone Smart Tech creator Tom Guy to head Incubation unit. New team aligns with Mehta’s desire for “crazy people” to create disruptive services.
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Financial & Performance
BT Q3: king of a still-wobbly hill
Corporate weakness postpones recovery, with BT Global recuperating and BT Enterprise still in surgery. Rational rivals embraced, but warned of “Armageddon scenario”, with Sky current BFF. Discovery tie-up a win-win for BT Sport (but what about for BT itself?). Openreach charges on, hitting new records for FTTP connections and ...
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Premium
Elsewhere in BT Group: recruitment drive for apprentices and graduates
Recruitment campaign to fill Better Workplace offices; shareholder Altice drops Portuguese sale plans.
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Premium
Former BT Fleet folded into rebranded Rivus
Rivus Fleet Solutions and Pullman Fleet Solutions to be combined. Graeme Lumley is new BT account director.
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Premium
BT wary of Cellnex compromise on CKH tower merger
Spanish InfraCo willing to sell enough sites from existing estate to enable new UK tower player to emerge, overcoming CMA concerns on competition linked to planned CKH infrastructure acquisition. Four companies already stepped forward as potential buyers. BT remains concerned about impact on MBNL and 5G investment plans.
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Premium
BT Q3 FY21–22 Guidance: positives to come, but later than promised
Revenue down 2% for the year, but growth anticipated from Q1 FY22–23. All things point up, but large corporates at Enterprise and Global need turnaround to avoid continued struggles. Discovery tie-up a win–win for BT Sport (and maybe for Sky, but what about for BT itself?).
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People
Openreach’s McTighe ‘steps away’ from Ofcom chair search
Mike McTighe, Openreach Chairman, reportedly withdraws from the search for an Ofcom chair. Now nearly two years in the making, the process is yet to find a clear frontrunner despite a number of names floated. Ex-BBC supremo Michael Grade is the latest hat in the ring.
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Premium
BT Q3 FY21–22 Headlines: Openreach surging; CFUs in surgery
Corporate weakness postpones recovery, with BT Global recuperating and BT Enterprise still hurting. Openreach charges on, hitting new records for FTTP connections and (low) costs. City analysts focus on ‘mathematical’ minutiae of inflation response and impact on customers, costs, and payroll. Drahi and other predators ignored.
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Network & Infrastructure
VM O2 seeks partners for £1bn fibre rollout
Telefónica and Liberty Global said to be contacting investors soon. Move would underpin aim to turn JV into “national fixed–mobile champion” to rival BT. Reports say VM O2 wants to bring fibre to seven million extra homes.
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Premium
BT Q3 FY21–22: king of a still-wobbly castle
Rational rivals embraced, but warned of “Armageddon scenario”, with Sky current BFF. Mixed results force management to cling to customer satisfaction and market share security blankets. Inflation a bonus for Consumer’s linked pricing. ‘Jam tomorrow’ outlook reiterated.
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Content & TV
Telefónica eyeing new industrial partners for Movistar+
Early-stage consideration reportedly underway on partnership that would see Telefónica bring in new investor for domestic pay-TV platform and international production interests. North American Spanish-language media merger may provide template for closer links between platforms and content. Movistar+ rebranding underway to further differentiate service from core offerings.
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Premium
BT Q3 FY21–22 Spend: costs under control
Cost-savings transformation programme continues to earn accolades among management, despite necessary investment in infrastructure. Broader market factors felt.
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Suppliers & SCM
BT partner Versed AI on swerving supply chain strife
With volatility biting businesses, University of Cambridge spinout attracts investment from range of backers with interests in sourcing sustainability and transparency, including fund linked to eBay creator Pierre Omidyar.
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Network & Infrastructure
Submarine cable vulnerabilities surface
Malicious threats loom, but accidental damage more common. Russian aggression, underwater volcanoes, fishing and anchoring roil subsea cable networks. Difficult to prevent damage, resiliency is best protection.