All COVID-19 articles – Page 6
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PremiumBT spend: opex coming down, capex still building to peak
Simplified systems are bringing efficiency but lower trading giving an unwanted helping hand. Capex rising, but a sharp decline is anticipated with copper switch-off.
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PremiumMargins slip as BT Consumer pursues quality
Another tough COVID-19-impacted quarter but management playing the long game, with a focus on premium services. Network investment continuing as division seeks an uplift from next-generation platforms. BT reputation improving, but weaknesses remain outside core products, necessitating dual-brand approach. Commercial partnerships remain a key strategic element, but hit to ...
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PremiumBT Global braces for more COVID-19 headwinds
Precipitous revenue declines continue for Global as pandemic makes its presence felt, but mitigation measures and ongoing transformation ease the pain on profit levels. Growing underlying strength of division offers hope beyond an anticipated tough second half.
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PremiumElsewhere in BT Technology: open source on the wishlist
Calls for greater open source collaboration, BT breaking technology silos with ‘speed-dating’, persistent Emotet threat flagged.
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Content & TVBT in cross-fire over pay-per-view matches
Broadcasters switch to pay-per-view model for Premiership football. Flak taken for pricing, but pegged as an interim measure to survive COVID.
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OperationsMagyar Telekom looks for lodgers in new HQ
Operator looking to mitigate overheads after opting to permanently shift to a hybrid working model. 5,500-strong workforce largely remote since spring, bar brief return. Sub-letting to partners on the cards. Wider Group-level philosophy changes take effect.
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Strategy & ChangeElsewhere in Telefónica Group: Living Apps winners and Movistar's solar business
Winners selected for Living Apps partnership and Restarting Together coronavirus recovery project; Movistar launches new subscription solar panel business.
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Partnerships & AlliancesGovernment comes clean on SAP–T Systems corona app costs
Health Ministry reveals that some costs were lower than expected but encounters criticism in parliament over how the contracts were awarded to SAP and T-Sys.
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Strategy & ChangeBT’s Jansen plays for time on transformation
Eighteen months into the job, the BT CEO is striving to prove the business is on the right track, with a lower-key transformation than many expected. Jansen urging staff to adopt a “lean-in” approach with faster decision-making to accompany systemic change.
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Suppliers & SCMBrexit and COVID: BT’s twin supply chain headaches
Group continuing to scrutinise status of 450 key partners, amid logistical and financial turmoil wrought by pandemic. Spread of critical partners under consideration to create greater resilience post-coronavirus and split from EU. Telcos, traditionally known for squeezing suppliers to the max, now focused on keeping them afloat.
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Partnerships & AlliancesMovistar Salud: Telefónica returns to e-health
Portfolio diversified with new telemedicine proposition. Salud family of services marketed for enterprise and home. Public health partnerships also in the offing.
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Partnerships & AlliancesAurachain and Telekom Romania renew ties
Pair behind government furlough payments project. Remote working platforms added to enterprise package for COVID-hit customers. Höttges: “hybrid office” viability bolstered.
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Partnerships & AlliancesStrict daily regime powered SAP–T-Systems corona app tie-up
Corona-Warn-App downloaded more than 18 million times in Germany. Project conducted with ruthless efficiency and met initial target. Next steps being planned: app to be rolled out in ten more countries, and T-Systems focusing on ways to grow overall impact.
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Strategy & ChangeQ2 FY20: Un-Carrier quickly finds stride after H1’s bumps
New CEO and CFO team remain bullish on business growth opportunities, despite challenges of Sprint integration, COVID-19, and change of leadership. TMUS moots a period of commercial aggression against rivals in H2, working off economic downturn and 5G differentiation. B2B expansion also back (yet again) on agenda. Reported surpassing ...
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PremiumHeadline numbers: relying on US
USA growth now an even more dominant part of DT’s world. Management remain keen to ensure strength in Europe is not overlooked.
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Strategy & ChangeT-Systems launches Digital Solutions unit after integration rethink
New digitisation-focused unit first unveiled in April 2018. Detecon consultancy unit and T-Sys MMS no longer involved. New unit to have two joint leaders.
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Strategy & Change
Green sees ‘correction’ in TV sports rights prices
BT is attempting to turn down the heat on expectations for broadcast sport auctions in a market that has already seen signs of cooling.
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PremiumGuidance: what’s the worst that can happen?
Outlook on revenue and EBITDA implies little good news for rest of FY20–21. Earnings growth anticipated in FY21–22, as regulatory headwinds fade and efficiency gains come into play.
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PremiumNumbers: no sport and shut businesses take their toll
While whole Group faces headwinds, Consumer and Enterprise take the brunt of COVID-19 impact. The “usual” working capital payments on top of slumping earnings result in negative cash flow for the quarter.
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PremiumBT continues to mull post-COVID-19 working options
Jansen seeks a return to normality. Changes to practices are afoot, however: Work Your Way flexible working initiative launched; distributed working pros and cons explored.