Bt Share Discussion Threads

[edmondj] 23/12/2022 12:50

Regarding FTTP contract from 3 October 2022:

BT has rung to say they are still waiting for a suitably qualified Open Reach engineer. Strike days have left stacks of work.

[123trev] 20/12/2022 06:42

More costs down the road just been reading about the newly developed frequency comb certainly going to be a game changer in the future the capacities are mind boggling.

[dope007] 19/12/2022 22:36

Zero chance of pension liabilities causing them a problem

[dimknaf] 19/12/2022 21:55

What is the probability that the pension liabilities create a problem for them?

[action] 17/12/2022 11:34

Vod debt pile 46 billion plus 12b lease liability. Market cap 22billion appx.

[porsche1945] 17/12/2022 11:17

Dividend will be cut or suspended on these. Their finances getting blown apart by U.K. insane inflation, regulator will not let them pass all the costs through, dividend will be toast, yet again.

[smurfy2001] 16/12/2022 14:56

Added @ 112p yield @ 6.7%.

[diku] 16/12/2022 14:51

All the constant cost cutting with mega caps that goes on and the share price still struggles to make head way up...just look at banks...losing the plot...

[smurfy2001] 16/12/2022 14:42

Jobs at risk at BT Group as telecoms giant merges two struggling divisions in £100m cost cutting drive
Merger will allow BT to remove duplicate roles, so it could result in job losses
The new division will be led by Bas Burger, the chief executive of BT's Global unit
BT Business will form in January and start reporting as a single unit from April

[diku] 16/12/2022 14:41

VOD making newer lows than 2020 lows...BT still above 2020 lows...some catching up to do...or VOD has been decimated...

[careful] 16/12/2022 12:55

Bought a few more today.

So many of my UK holdings have halved from their peaks.
Often for the most feeble of reasons.

The terrible twins are my telecoms, VOD and BT.
Two significant holdings.

They say that insanity is when you keep doing the same thing and expect a different outcome.
...sounds like my investment strategy.

[spacecake] 16/12/2022 09:28

The new unit will be called BT Business. No job loss figures were outlined

More fiddling around while Rome burns, new job titles, office rearrangements, marketing. Will we see any performance improvement over the next two years ?

[waldron] 16/12/2022 07:49

Frank Prenesti
Sharecast News
16 Dec, 2022 07:34
BT Group merging two units in bid to save £100m a year


BT Group on Friday said it was combining its global and enterprise units to create a new corporate operation, in a move designed to save £100m a year by the end of 2025.



The new unit will be called BT Business. No job loss figures were outlined

BT Enterprise chief executive Rob Shuter will step down in a few months to “spend more time with family and on his personal interests”, BT said, with BT Business led by Bas Burger, the current CEO of the global unit.

The merger will leave BT with three customer-facing units: consumer, business and Openreach which installs infrastructure such as broadband.

Reporting by Frank Prenesti for Sharecast.com

[halfpenny] 15/12/2022 22:24

BT Looks like testing 105p then 95 risky levels as market crashes!!!

[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 🦆