All BT Italia (Italy) articles
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Weekly Briefings
BTwatch Weekly: earnings add to Kirkby’s optimism
Latest from BT as CEO Allison Kirkby uses drab half-year results to cast vision for the future; Business prepares for Global divestment; Openreach beats fibre expectations; BT riled as Vodafone–Three merger nears…
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Financial & Performance
Kirkby: multinational B2B ‘ripe for consolidation’ as BT pursues exit
BT H1: mutlinational corporate segment no longer a telco’s game, says CEO Allison Kirkby, and a divestment will accelerate turnaround plans. Talks ongoing with several parties, with both Global and Portfolio channels up for sale. UK business not immune to decline in the meantime…
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Strategy & Change
BT Radianz is latest B2B unit to be put up for sale — report
Group reported to be looking for buyers for financial services unit in latest move to slim down, cut back.
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Weekly Briefings
BTwatch Weekly: gov’t reforms required as Openreach seeks fibre residencies
Latest from BT and its ecosystem as the Group makes fixed network demands, rolls out next-gen mobile, and works to surrender international outposts. More from Connected Britain, Secure Tomorrow Festival, and elsewhere in a busy week for BT, EE, and Openreach…
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Weekly Briefings
BTwatch Weekly: moving beyond the hype with 5G SA and GenAI
Latest from BT and its ecosystem, including 5G SA R&D advancements with Nokia and Qualcomm; an honest assessment of the challenges inherent with GenAI adoption at scale; and a potential asset offload in Europe…
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Financial & Performance
BT Business gets UK exceptionalism vibe, with Global ops on chopping block
New CEO Allison Kirkby mulls further ‘optimisation’ opportunities in latest bid to turn around long-beleaguered B2B activities. Much-lauded new network-as-a-service proposition Global Fabric may be retained as partner play. Domestic rump not obviously a better bet, however…
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Premium
Macquarie makes bid for TIM’s fixed infra, state backing sweetens deal
Macquarie partners state lender CDP for latest offer on TIM’s fixed network infrastructure.
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People
Ex-BT Global chief takes consultancy presidency
One-time BT Global Chief Executive Luis Álvarez Satorre appointed EMEA President at tech consultancy NEORIS.
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Public Affairs
PwC fined for BT Italia fraud case
Auditor handed £1.75m fine for lack of “professional scepticism” relating to BT’s Italian operations.
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M&A
BT Italia offloads SAP services subsidiary
BT Global continues ‘global not national’ streamlining programme with the sale of Italian IT outsourcing outfit ERPTech. €4m+ deal leaves Italia lightweight but focused.
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Premium
Elsewhere in BT Global: Arqit relationship bolstered
Arqit’s BT relationship bolstered with FQS sign-up; BT Global takes US government contract.
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M&A
BT retreats in Italy as court date looms
TIM snaffles SME and public sector accounts business, but BT maintaining a presence for large enterprises as well as multinationals. Taint of accounting scandal lingers, with former Global executives set for trial in 2021.
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Public Affairs
BT Italia accounting scandal to court, as Group retreats
Court of Milan fixes trial date in 2021. 20 defendants in the dock, including two former senior BT execs. Alvarez spared. Patterson concedes BT was an absent parent. TIM snaffling SME and public sector accounts, but BT retaining MNC presence and local assets.
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Enterprise (B2B)
BT completes sale of Latin America assets
New company Sencinet to operate BT network assets. With Sencinet partnership, BT keeps a presence in the region. What’s next in Global asset offload?
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People
BT job was “brutal” says ex-CEO Patterson
Former CEO claims he did not feel criticism towards end of BT tenure. Prefers ‘can-do’ mindset of Silicon Valley. BT decision making presented as paper-based and sluggish by comparison.
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M&A
BT Global finalises French offload to Computacenter
Asset-light playbook repeated. BT to continue serving MNCs and retain local SoC.
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Premium
BT Global people moves: Ex-BT Italia CFO heads Stateside
Former BT Italia CFO Garry Wardle heads Stateside with Americas promotion and new key vertical remit. Rosanne Moreland to lead Openreach’s Scottish full-fibre rollout.
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Financial & Performance
SAP called in as BT addresses “material weakness” in reporting
Ongoing inadequacies in financial controls have resulted in BT submitting its consolidated accounts with caveats. IT system weaknesses, and insufficiently robust review of elements of financial information are the source of concerns. Governance and compliance solutions from SAP have been flagged as supporting greater resilience for the Group’s future ...
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Premium
BT keeps Spanish foothold
While BT España has been offloaded, evidence of a new BT presence confirmed stated intentions to continue serving multinationals operating in the country.
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Premium
BT offloads local operations in Latin America, France
Global unit looks for sharper focus on multinational enterprises while lightening infrastructure load. BT Enterprise confirms Tikit sale to Advanced.