Bt Share Discussion Threads

[babyal] 15/12/2022 21:42

Pay deal accepted by members. One less thing to drag the share price down.

[brut winky] 15/12/2022 13:36

Alot of divergence in the charts on the weekly, could be a decent rerate in the near future, probably the usual French takeover or break up talk, but easy 20%+ looks possible as they're cheap as the parts of the sum.

[waldron] 14/12/2022 22:04

Oliver Haill

14:14 Wed 14 Dec 2022


BT Openreach wholesale offer probed by watchdog ahead of potential 15% consumer price rises


A pricing offer by BT Group PLC (LSE:BT.A)'s Openreach network arm to its wholesale broadband customers, including the likes of Sky, TalkTalk and Vodafone, is being investigated amid competition concerns for other fibre network operators.

UK telecoms regulator Ofcom said today that Openreach has notified it of the new pricing arrangements for high-speed fibre broadband offers it intends to launch from April 1, 2023.

Openreach charges wholesale prices for other providers to use its fibre network to offer their own broadband services as internet service providers (ISPs).

It today offered up a new set of discounts for wholesale customers, such as Sky, TalkTalk and Vodafone, who have been putting pressure for such a move.

The ‘Equinox 2’ discounts are on the wholesale price of their gigabit-capable FTTP (fibre to the property) broadband products, which aims to keep the operator competitive and reduce prices on consumer packages.

Ofcom said it will “consider whether the notified offer raises competition concerns requiring intervention, and that it will reach a provisional view”.

Rival infrastructure suppliers like Virgin Media O2 and ‘altnets’; such as CityFibre (AIM:CFHL) have concerns that prices are too low, squeezing them out of the market.

The watchdog said it expects to publish a consultation by early February, adding that BT will have 30 days to respond.

“This latest move will impact the entire market and consumers,” said analyst Paolo Pescatore at PP Foresight.

In theory, by offering lower wholesale pricing this saving should be passed onto consumers resulting in lower fibre broadband packages, he said.

“Rivals will feel that Openreach is trying to use its market dominance by locking in providers for longer. If so this will squeeze their own margins, making it harder to rollout their own networks and compete at scale," the analyst noted

However, on Openreach’s side, Pescatore acknowledged that it needs long-term contracts to give it certainty for its investment in rolling out and maintaining the fibre broadband network.

“Ofcom now has a tough challenge of assessing the impact of these new prices and whether it will negatively impact the market and choice,” he said.

The market as it currently stands cannot support all players, said Pescatore, as there are “too many chasing too few pounds”, meaning consolidation “is inevitable”.

This is being further complicated by the cost of living crisis with all retail prices heading in the wrong direction, with analysts expecting BT to hike broadband prices by around an expected 15% in the new year.

Under BT’s customer contracts it says it can increase prices from March 31 each year by the CPI rate of inflation published in January plus 3.9%.

As analysts at UBS said in a note this month, with inflation around 11% that would make Openreach’s fibre-to-the-premises (FTTP) pricing hike around 15%.

The UBS analysts said they were “cautious̶1; on the scope for above-inflation increases in BT’s consumer “given pressures on the UK consumer and regulatory scrutiny of mid-contract increases”.

Last April, many UK operators applied mid-contract increases of up to 9.3%.

“While the absolute increase in communications cost for consumers is modest at a few pounds per month relative to increases in other utility bills, Ofcom is undertaking a review on whether midcontract prices were sufficiently transparent,” the UBS analysts noted.

Proactive

[backdoor grim] 14/12/2022 11:45

Lads

This is my biggest loser 😡




Cheers Grim 🦆

[backdoor grim] 14/12/2022 10:13

Nose dive on the way, large dumping .

Cheers Grim 🦆

[netcurtains] 14/12/2022 09:20

This looks like it might be the bottom

Perhaps we could see recovery from here?

Be great to break £1.20

[action] 14/12/2022 09:00

Sold with small profit in spike. Still got skin in game

[the grim idiot] 13/12/2022 13:17

WAIT FOR IT !!!!!

Nose dive in the making.

Cheers Grim 🦆

[diku] 13/12/2022 11:13

Anybody know if BT got corporate bonds in issue?...

[frontdoor bulls the grim bitch] 13/12/2022 09:01

Grim Quack.

I think you are spot on here, only fools that are clinging on here 🥵.

[backdoor grim] 13/12/2022 08:19

Lads

No bran to be made here for the ducks 🦆🦆

97p soon, hope that helps

Cheers Grim 🦆

[backdoor grim] 12/12/2022 09:00

Bull

My Backdoor has released a flow south, at the prospect.


You are awful but i like you, 🤪

Cheers Grim.

[diku] 12/12/2022 08:59

Post 44219...is that the basic starter package...might be ok for normal browsing usage...and probably without the landline..only one broadlband line cable

These telcos should stop giving away all you can eat minutes and texts on mobiles...data is going in the same direction for the price squeeze...

[frontdoor bulls the grim bitch] 12/12/2022 08:55

Yeah Baby Yeah

We is in a Grim free fall

97p real soon, maybe lower.

The Colonel

[smurfy2001] 11/12/2022 23:36

Download 55.5 Mbs
Upload 18.7 Mbs

[diku] 11/12/2022 22:58

What speeds BT giving you?...

[smurfy2001] 11/12/2022 21:41

24 month deal £19.99.

Will go again with BT.

[spacecake] 11/12/2022 14:09

BT could face pension fund cash call following gilts market mayhem

[backdoor grim] 09/12/2022 08:47

More backdoor to come here, very painfull 😥

Cheers Grim

[diku] 09/12/2022 08:46

VOD is the sector drag...always has been...BT falls in sympathy....

[zulu_principle] 09/12/2022 08:45

According to BT customer services yesterday new orders for fibre are being given a February installation date. Openreach are working flat out and have a huge order backlog for BT, Sky, etc installations.

I bought in at £1.40 (!) and intend to wait it out. The sum of the parts is still far greater than the current share price and Draghi waiting in the wings.

I think the pullback is overdone. Just need to be patient.

[diku] 08/12/2022 20:39

Is the build like fury still going on?...

Think telcos should have never offered all you can eat minutes and texts on mobile packages... then came the price squeeze...same is happening on data pricing...more data for lesser price...make customers pay for the usage...winners are those social media companies...

[careful] 08/12/2022 17:14

So many billions invested in fast fibre.
Will BT get a return, or be made to give it away to the competition?

Cant see any obvious reason for the collapse in the BT.share price over that last 5 months.
Almost halved, yet what has changed?