All articles by BTwatch – Page 17
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PremiumBT FY19–20: Fibre target raised — in theory…
BT is upping the target for full-fibre to 20 million premises passed by the ‘mid- to late-2020s’.
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PremiumBT FY19–20: SME coronavirus pain hits BT early
BT did not overly dwell on the impact of the Coronavirus crisis, highlighting areas where it has assisted, as well as where it has benefited and sees potential opportunities.
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PremiumBT FY19–20: Headline results reflect the ‘old normal’…
BT presented its headline financials as having been on track, COVID-19 crisis excepted. On an ‘adjusted’ basis, revenue and EBITDA were each down around 3% for the FY.
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PremiumBTwatch roundup — June 2020
Key news from the past month from across BT and Openreach: Updated NCSC guidance welcomed by BT; European telcos join COVID track-and-trace effort; Consumer faces coronavirus response kickback; Enterprise gets HMRC contract.
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PremiumBT FY19–20: Jansen leading through the gloom
Managed services revenue slumps at Global, while mobile fails to prove itself a panacea across corporate divisions. Guidance for the year largely achieved, but post-COVID-19 uncertainty prompts Group to hold off on future forecasts. Transformation ambitions uprated on internal IT overhaul and redoubled commitment to invest in next-generation networks, ...
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Network & InfrastructureBT’s McRae on edge: “we want to do a lot more”
Chief Architect Neil McRae outlined key drivers for edge compute, and role of network operators in adoption. Edge forecast to be “everywhere”, with telco operators needing to reposition and collaborate in order to keep hyperscalers at bay. Private networks, eHealth, and remote monitoring flagged as key early use-cases.
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Content & TVBT Sport: 5G could breathe new life into grassroots
Mobile Strategy Director Matt Stagg says BT Sport is pondering new production possibilities made evident by coronavirus restrictions.
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Financial & PerformanceSAP 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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Products & ServicesRadianz bulks up in blockchain with VALK partnership
Asset management services provider VALK adds its Corda-based blockchain product to BT’s Radianz Cloud.
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Suppliers & SCMBT remedies Prompt Payment Code failings
BT earns Prompt Payment Code signatory status after submitting substantial changes to supplier payment procedures, upping prompt payments to 95%.
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M&ABT exits Saudi JV
30-year relationship trimmed back as part of BT’s broader global operations revamp. Transformation process also sees closure of branch in Abu Dhabi.
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Strategy & ChangeBT begins new chapter in Spain
Rosa Ronda to head trimmed-down Spanish unit. Portobello Capital creates new company called Evolutio from former BT assets.
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Innovation (R&D)BT preps AR early warning system for engineers
COVID-19 attacks heightening focus on engineer safety.
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Partnerships & AlliancesTelcos see more cooperative post-crisis industry
Home-working creating a permanent new need for stronger networks covering the UK’s homes, and potential for collaboration to deliver it. Industry cooperation seen as having played a key role in the robust management of changing demands on national infrastructure sparked by lockdown.
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Enterprise (B2B)BT’s Karonis: teamwork key for new normal
B2B partnerships seen as especially key in post-COVID era, but BT sees margins being squeezed by cloud tie-ups. Response to current disruption is providing operators with food for thought on how they can move fast, and fix things.
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M&ABT denies Openreach stake sale
FT report sparks speculation on the future of BT’s access services business as Group market cap hits lows, and worries persist on the funding of fibre rollout plans. BT declined to comment officially but senior management vehemently denied the accuracy of the report in internal comments and on ...
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Network & InfrastructureOpenreach raises FTTP sights as ADTRAN comes on board
ADTRAN set to take a substantial share of work building BT’s new fibre infrastructure as a third partner alongside Huawei and Nokia. Vendor’s involvement appears to have sparked a small jump in BT’s March 2021 rollout targets.
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Enterprise (B2B)McRae: collaboration with enterprise ‘critical’ in 5G era
BT aiming to embed with enterprise through the development of new ways to work with business enabled by 5G technology. McRae his typically sceptical self on network slicing proliferation, but has faith in the underlying principles of the technology in the right circumstances. The BT Chief Architect maintains that ...
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PremiumBT Q4/FY19–20 results first-take: Fixed and 5G leadership at all cost
Refusing to relinquish fixed-line or mobile leadership; not alarmed by O2-Virgin Media combination. Q4 and FY19–20 performance largely ignored (was on track). Cautiously positive on weathering COVID-19 crisis, but great uncertainty. Capex rising to fund uprated fibre ambition and Technology-led transformation — carts before horses? Yet more cost-cutting (or ...
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PremiumDeutsche Telekom switches up BT board presence
BT confirmed that DT CEO Höttges will resign from the BT Group Board, to be replaced by T-Sys CEO Adel Al-Saleh.