Bt Share Discussion Threads

[diku] 15/6/2023 09:13

Recent short term trade was from 135p to 149p...when you consider where VOD has fallen away BT has a lot more catching up to do downside...no guarantee...

[1224saj] 14/6/2023 19:58

Redburn downgraded BT today from buy to neutral. Another analyst with an agenda, we f do o pick 'em don't we

[1224saj] 14/6/2023 16:27

Down 12% in 10 trading days with no negative news. I don't see Vodafone as neg news, 2 Telcos going nowhere who need each other

[1224saj] 14/6/2023 16:22

It's back down to the Match lows, FTSE recovered 4 % in the same period. Someone with deep pockets and influence is at work here :-(

[trappy2] 14/6/2023 15:26

Probably down as the merger between Vodafone and 3 has been confirmed subject to monopolies commission and will then be number one in market share ahead of EE

[tyroneshares] 14/6/2023 14:16

Lol. I'm hoping anyway :).Still, if it doesn't happen, just keep collecting the divs.UK market pretty depressed.

[maxplus2] 14/6/2023 11:42

Dream on. Monopoly Commission will reject out bid

[tyroneshares] 14/6/2023 11:39

Destined to be bought out soon imo.140p wouldn't be a bad entry point.

[action] 14/6/2023 08:56

Missed my entry point today.

[action] 13/6/2023 18:42

Looking for re-entry around 135p range.

[1224saj] 13/6/2023 17:37

Another 10m UC at 1.40, market totally corrupt against the PI. Slowly Slowly catch a monkey, buy the company

[1224saj] 13/6/2023 12:17

What is going on with this dog

[action] 13/6/2023 06:47

Tactical game to buy company on cheap.

[trappy2] 11/6/2023 18:50

As the UK rollout of full fibre (FTTP) broadband gathers pace, BT are increasingly turning their attention to the challenge of how to extract all of that valuable copper leftover from their legacy phone network. Initial trials have already taken place, and they now expect to extract over 200 tonnes of copper cable this year.

The complete extraction of BT and Openreach’s legacy cables and kit will be a slow process because some parts of the UK are still likely to need them for many years longer, while consumers also have to be given time to migrate. Nevertheless, Openreach’s new Fibre-to-the-Premises (FTTP) network already covers 10.27 million premises, and they aim to reach 25 million by December 2026. But they recently hinted that this might grow up to 30 million by 2030 (here), which would only leave a tiny portion of premises stuck on ancient copper, or even aluminium, lines.

NOTE: The main focus of copper extraction will be on bigger core cables, since it may not always be viable to remove the small bits of twisted-pair lines that make up the final drop into homes.
The process of moving end-users away from copper and on to fibre optic infrastructure is already underway and that will only expand over the coming years, albeit very gradually. BT recently stated that it remained “confidentR21; of being able to “recover”; an estimated 200,000 tonnes of copper from their old legacy network through the 2030s.

In terms of value, we’ve seen a lot of wild figures over the years, although it’s worth remembering that the extraction process alone will cost a fair bit of money. In terms of the raw material value, at the moment some traders report that 1kg of copper is worth about £7, which suggests that 200,000 tonnes might be worth £1.4bn, but this varies with time and issues of purity also have an impact (we’d allow a range of £800m to £1.6bn).

However, we should point out that the BT Group aren’t merely looking to recycle old coppers cables, but also older electronic equipment from their fixed line and EE mobile network. “We’re looking at ways to remove, reuse and recycle our old legacy networks, such as the PSTN (public switched telephone network) and 3G, which are some of the larger drivers of energy consumption,” said Matt Manning, BT Group’s Head of Circular Economy.

In an effort to reduce BT Group’s e-waste, the operator has now created an Exchange Clearance Operation (ECO) programme, which involves recovering, recycling, and reselling equipment from old telephone exchanges, “allowing us to close-down those ageing, inefficient networks and to downsize the number of buildings we have.”

NOTE: Openreach has around 5,600 exchanges, but hybrid fibre (FTTC, G.fast) and full fibre (FTTP) services are supplied via different exchanges (c.1,000 of that 5,600 total) – so up to 4,600 may eventually close (after 2030) – see here, here and here.
Matt Manning said:

“To do this we have teamed up with N2S2 and TXO3, European leaders in recycling telecoms equipment and enabling re-use. TXO has offered BT Group its invaluable expertise in promoting internal re-use, as well as its ability to resell equipment into the global market, keeping equipment in use.

We’re also embracing innovative processes. Working with N2S we are exploring the potential of bioleaching – a process used to extract and recover precious metals from technology equipment, for re-use.

This year alone, the programme will extract over 200 tonnes of copper cable, (equivalent to the weight of over 140 Ford Focus cars), will see over 2,000 tonnes of lead batteries recycled and will generate £4m with these combined activities in addition to recycling & resale of redundant network equipment.”

At the end of the day, the operator’s old copper does have plenty of value, albeit probably not as much as some people expect. We have also asked Openreach for an update on the trials they undertook last year to “better understand the costs associated” with extracting their old cable, since this will have a significant bearing on the final benefit returned.

UPDATE 2:40pm

Just to clarify. The Exchange Clearance Operation (ECO) programme is a BT Group initiative rather than Openreach and the copper being recovered will be from BT kit in the exchange, although it all feeds into the same overall task.

[diku] 11/6/2023 15:19

Anybody heard of Community Fibre...are making inroads with Broadband?....

[smurfy2001] 10/6/2023 18:45

Shell to sell energy AND broadband businesses

[porsche1945] 09/6/2023 10:17

God U.K. shares suck. This pos has lost two thirds of its value since 2018 like pretty much the entire ftse 350. The so called defensive dividend stocks amongst the most capital destructive. Shxt companies on shxt indexes. Foreign buyers don’t want U.K. “ assets “ since the brexit fiasco. Fact. Be interesting to see what Drahi does as most of his other assets are all levered with high cost debt and doing poorly. He’s in too deep to dump I guess.

[prokartace] 07/6/2023 09:09

paulruss wtf has that got to do with BT?

[paulruss1] 07/6/2023 08:01

Common sense tells us Zalensky and Nato blew up the Dam in Kherson. The media and government demand that we in the west believe it was Putin and Russia who did it the same way they tried to convince us Russia blew up the nord stream pipeline.

[smurfy2001] 03/6/2023 00:52

As billionaire mystery man Patrick Drahi raises his stake in telecoms giant: Why it's good to talk about BT

[nige co] 02/6/2023 15:00

1224saj, DT maybe would have to match the highest price that they have already paid for their BT shareholding around 484p, if they was to make a move on BT. Or maybe the price rules them out of making a move @484p per share.

[isis] 02/6/2023 14:47

Amazon are giving free food Shopping with Prime!
All the Supermarkets Tank - I think not. ;))