Bt Share Discussion Threads

[diku] 03/11/2022 08:25

Lot of household name shares decimated and they don't get the credit or rating they deserve...reforms are needed...all these shares are kicked around like football...

[action] 03/11/2022 08:23

Divi last time 2.31p

[diku] 03/11/2022 08:22

Where is the monty lurking?...monty you in now...

[smurfy2001] 03/11/2022 08:19

Flat dividend not even a minuscule rise.

Time for the CEO to be replaced!

[wendsworth] 03/11/2022 07:09

Dividend maintained. Interims contain no grubbers.

[bookbroker] 03/11/2022 05:40

Doing what he has to, but I still the company should be split, Drahi is the key.

[smurfy2001] 02/11/2022 23:57

Want a CEO worse than the previous one? Hire Jansen.

[diku] 02/11/2022 22:24

This is like buying time and tenure...what chance by 2025 he will have departed with golden goodbye...




Sky News has learnt that Philip Jansen, BT chief executive, is poised to use the telecom giant's half-results announcement to outline plans to find a further £500m of savings by the end of 2025.

[smurfy2001] 02/11/2022 22:16

I hope Philip, whom is slowly gaining clown status, actually does something to turn around the share price.

[trappy2] 02/11/2022 21:55

From Sky News
BT Group is expected to increase a multibillion-pound cost-savings target on Thursday as it seeks to counter the inflationary headwinds buffeting the UK economy.

Sky News has learnt that Philip Jansen, BT chief executive, is poised to use the telecom giant's half-results announcement to outline plans to find a further £500m of savings by the end of 2025.

BT's previously announced target of £2.5bn formed part of Mr Jansen's efforts to improve the efficiency of the former state monopoly, which he joined in 2019.

Alongside the increased £3bn figure, which one leading shareholder in BT suggested on Wednesday evening was "highly likely", analysts said that Mr Jansen could also outline a substantial increase in the company's capital expenditure plans.

He could also set out a sharply increased figure for the number of homes being lined up for full-fibre broadband connections, according to another top investor.

[diku] 31/10/2022 08:52

Telcos have lagged behind with mini rally with other FTSE sectors...

[grupo] 31/10/2022 06:56

(MT Newswires) -- BT Group (BT-A.L) unit Openreach is planning to lower its wholesale pricing structure in a bid to attract new customers to combat increasing competition in the UK, London's Financial Times reported Oct. 29.

In a proposal dubbed "Equinox 2," the telecommunications giant's networking division offered to cut down the amount charged to its corporate clients including Vodafone (VOD.L), TalkTalk and Sky on an ongoing basis, while decreasing its own share of revenue per customer.

Meanwhile, it also offered to reduce the amount charged for migrating customers from copper lines to fiber lines by between 30 pounds sterling to 37 pounds ($34.81 to $42.93).

The changes, which received positive feedback from some of Openreach's customers, are likely to be implemented in April 2023, following a 90-day consultation with The UK Office of Communications, or Ofcom, in December 2022, according to the report.

BT shares were up marginally, while Vodafone gained over 1% at the close of trading on Oct. 28.

Price (GBP): £126.65, Change: £+0.20, Percent Change: +0.16%

[sarkasm] 30/10/2022 10:51

Upcoming events on BT GROUP PLC

NOV/03/2022 | 07:00am Interim 2023 Earnings Release

NOV/03/2022 | 10:00am Interim 2023 Earnings Call

[diku] 30/10/2022 09:45

Post 567...yes if you tell your mobile provider you are considering leaving they will offer you lower price and upgrade you with more data to keep you as customer...



In the first months of the year, price rises boosted BT’s consumer unit but this was offset by declines for the Enterprise arm, with UBS saying it is “wary that growing pressures on the consumer could mean the tailwind from price rises is fading in the consumer unit”.

[diku] 30/10/2022 09:37

Claris benedicta is back...

[misca2] 28/10/2022 17:19

Oliver Haill

16:00 Fri 28 Oct 2022

BT shares rise ahead of results despite torrent of bad news

UK telecoms competition is stiffening, there are concern over rising interest rates, a pay dispute is unresolved, there were recent alarms for its pension fund and a fine for its accountant over audit failings




BT Group PLC (LSE:BT.A) shares have been doing a strange thing for the month ahead of this coming Thursday’s half-year results, the same as they did this time last year – they have been climbing higher, which is unusual as investor have got pretty used to them sliding lower as they have done for the second half of the past decade.

It seems the presence of French billionaire Patrick Drahi on the shareholder register - and maybe the spinning off of BT Sport - is enough to counterbalance the past few months alone seeing a torrent of apparently bad news: stiffening competition in the UK telecoms market, concern over rising interest rates with BT’s huge debt pile, an ongoing staff pay dispute, alarms for its pension fund and a fine for its accountant over audit failings.

Results for the six month to 30 September are expected to be “mixed” but with full-year guidance reiterated, said analysts at UBS, with “a lot of moving parts to the story”.

Second-quarter revenue are forecast by City analysts to come in at £5.3bn over average, very slightly higher than the first quarter (which saw the first revenue growth in five years) and a year ago (£5.13bn Q1-22 and £5.24mln Q2-21).

Underlying profit (EBITDA) is seen rising 3.4% to £1.95bn, slower than the 3.1%and 2% growth seen in the preceding two quarters.

In the first months of the year, price rises boosted BT’s consumer unit but this was offset by declines for the Enterprise arm, with UBS saying it is “wary that growing pressures on the consumer could mean the tailwind from price rises is fading in the consumer unit”.

As well as an update on cost inflation, investors will be looking out for signs that the Enterprise and Global arms are not getting any worse, as well as the effects of rising broadband infrastructure competition on Openreach, which saw a decline in its broadband base in Q1.

Analysts at Berenberg wondered if this might be the first evidence of alternative networks starting to impact, leading to a downgrade - though Deutsche Bank argued the risks around alt-nets was largely already in BT's share price.

At the start of September, BT and Discovery finalised the deal for the spinning off of BT Sport into a joint venture with Eurosport.

BT said would be expected to reduce revenue by £0.5-0.6bn per year on a pro forma basis and along with other effects would have increased its EBITDA by £42mln in the first quarter of the current financial year, though this benefit reduces “materially221; in subsequent quarters.

BT will receive £93mln from Warner Bros Discovery and up to approximately £540mln by way of an earn-out from the JV, subject to certain conditions being met.

Proactive

[diku] 25/10/2022 22:32

Yes...I still remember...since the Italian fiasco shares have drifted lower from 500p...morale of story is proving buy and hold to infinity mugs game...who really owns the company?...does it just run by itself...



IKNOWWOTIKNOW21 Oct '22 - 21:10 - 563 of 565
0 3 0



Senior People inc. the Chair and Board have no idea how to build and deliver what customers want, wasted money on trying to beat Sky on Sports deals, plundered the pension scheme, they did not police the so called trusted people, being paid a fortune to monitor overseas arms of the business, i.e. Italy - corruption - nearly half a billion disappeared. No mention or jail time for Senior managers, who happened to sell there shares before announcing that half a billion had disappeared. In the USA they would have been prosecuted, but, only in England do they get away with it. Disgraceful - if the shares by some miracle go up to £2.00 I'm baling out.

[boytoy] 25/10/2022 22:23

Still a good income share if you’re holding enough…..

[babyal] 24/10/2022 16:50

Summed the company up perfectly.

[iknowwotiknow] 21/10/2022 21:10

Worked for this shower of incompetents for 19 years after they bought out a QUALITY smaller telecoms company. For 7 years we done brilliant, they took over and was all downhill from then on. Senior People inc. the Chair and Board have no idea how to build and deliver what customers want, wasted money on trying to beat Sky on Sports deals, plundered the pension scheme, they did not police the so called trusted people, being paid a fortune to monitor overseas arms of the business, i.e. Italy - corruption - nearly half a billion disappeared. No mention or jail time for Senior managers, who happened to sell there shares before announcing that half a billion had disappeared. In the USA they would have been prosecuted, but, only in England do they get away with it. Disgraceful - if the shares by some miracle go up to £2.00 I'm baling out.

[wendsworth] 20/10/2022 17:08

babyal: A well reasoned response. Maybe you and I (as two shareholders) should oversee the negotiations and ensure a successful outcome for the company and 'it's beating heart'...BT's employees ? I'll await the Boards call !

[babyal] 20/10/2022 16:18

As an employee of Openreach if he was to reduce his 32% increase and his right hand man's 25% I believe this would decrease tension and perhaps we could then wait and see what the company offer for next year before the strike goes too far as negotiations for next Aprils pay increase would be starting soon in normal times.