Bt Share Discussion Threads

[minerve] 06/12/2016 20:43

excell1

I don't understand why you are taking it personally.

Capita share price performance has been extremely poor. In the case of Capita though the profit warning was completely unpredictable and that particular risk unmanageable. It was on a very high PE and the report on Thursday should give us some indication as to whether it will return there or stay at a similar rating to some of its outsourcing peers.

BT - on the other hand - has been very predictable. We know about Ofcom. We know about the pension issues. This risk is manageable and good investors/professionals would have found this easy to avoid or at least understand the risks.

Best of luck though excell1, nothing personal against you and wish you well with all your investments.

[excell1] 06/12/2016 20:35

Minerve how is your Capita doing? Last time I looked it was in dire straights.I can go on that thread if you wish just like you come on here.

[minerve] 06/12/2016 20:28

So, more uncertainty into the new year and the pension review still to come. I can't see the catalyst for an share price increase anytime soon. With inflation heading upwards a 4% yield with no share price increase is a poor investment if this continues for another 12 months. ~1% real return for the risk of being on the wrong side of Miss White - no thanks.

[minerve] 06/12/2016 20:24

"we will be a 5th rate country going into the 2020's."

Oh, aren't we already?

[excell1] 06/12/2016 15:29

Ofcom throwing everything at BT at the moment.Let us hope that they don't throw the baby out of the bath at the same time and completely F88K the U.K. telecommunications networks. Ofcom wants the U.K. to be world leader.With their interference we will be a 5th rate country going into the 2020's.

[excell1] 06/12/2016 14:53

Nice to think that they will have to install their own fibre networks and have the
£billions to pay for it.Go on TalkTalk lets state how the hell are you going to pay for it.

[montyhedge] 06/12/2016 11:03

Ofcom Seeks Simpler, Cheaper Access to BT Network for RivalsSource: Dow Jones NewsBy Ian Walker LONDON--Ofcom, the U.K. telecoms regulator, announced plans for simpler, cheaper access to BT Group PLC's (BT.A.LN) network for competitors to lay ultrafast broadband Tuesday.The regulator said its proposals would reduce the country's reliance on Openreach, the network division of BT. It is also considering capping Openreach's rental charges for accessing its duct network.The regulator said these plans were subject to it finding that BT had significant market power in the wholesale local-access market, in a review that is scheduled to end early 2017."Today we're explaining how access to BT's tunnels and poles could be improved, allowing other providers to connect ultrafast, fiber broadband directly to U.K. homes and offices. Our plans will give providers increased confidence to invest in their own full-fiber networks at reduced cost," Ofcom Competition Policy Director Yih-Choung Teh said. -Write to Ian Walker at [e-mail] (END) Dow Jones NewswiresDecember 06, 2016 04:56 ET (09:56 GMT)Copyright (c) 2016 Dow Jones & Company, Inc.

[montyhedge] 05/12/2016 16:59

No 400p Ofcom seen to that, 350p massive support level, if broken tomorrow, don't where it will end up. Ofcom hates BT simple. You can't fight the regulator.

[teamwork1] 05/12/2016 16:56

I don't see BT back to 4 pounds any time soon

[wisteria2] 05/12/2016 16:00

That's right monty! BT keep them in a Job! gla

[montyhedge] 05/12/2016 15:45

Support at 350p, if broken anyone's guess. Blame Ofcom boys.

[montyhedge] 05/12/2016 15:35

Ofcom hate BT simple, line rental charges will be next.

[excell1] 05/12/2016 12:18

Interesting indeed,maybe not so easy for Shannon White to threaten as she expected.
I can't see how BT can do anymore than it has already conceeded.

[neptune_tad] 05/12/2016 11:22

Interesting

[waldron] 04/12/2016 12:59

Sunday 4 December 2016 11:37am
BT boss on Ofcom: "I don't think they are trying to break the company up"
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Sir Mike Rake spoke about Ofcom's decision to push for separation (Source: Getty)

BT has played down damning action by the telecoms watchdog to split up the company for failing to address competition concerns.

Chairman Sir Mike Rake has insisted that Ofcom is not trying to break-up the telecoms firm, just days after the regulator said it was pushing forward with plans to legally separate its Openreach broadband infrastructure division.

Rake denied that Ofcom was calling for a split, saying it was "enhanced functional separation", even after Ofcom slammed the company's voluntary measures so far as not enough, and said it would start proceedings with the European Commission to enforce a split.

Read more: Ofcom will go to European Commission to legally separate BT and Openreach

"What we're negotiating with Ofcom is not necessarily a structural separation of Ofcom, it's more of what's called enhanced functional separation. We are committed to creating an independent board that will run Openreach, with an independent chairman, independent directors, that will run and invest in the networks, which will have more freedom on capital and operating expense than the commercial arm," said Rake, appearing on ITV's Peston on Sunday show.

"I don't think they are trying to break the company up" he said.

"What they announced last week was that they haven't reached an agreement with us on what's called enhanced functional separation, when we incorporate a separate company. They said elements of that still need to be concluded in the negotiations."

He admitted, however, that its customer service was not good enough.

BT was widely seen to have dodged a bullet after Ofcom's long running investigation into Openreach fell short of calling for a structural separation over the summer. But, Ofcom's warning that BT's efforts did not go far enough and the move to push for a legal separation indicated it was willing to take a harder stance if need be.

Read more: BT appoints former Ofcom board member as Openreach chairman

Rivals such as TalkTalk, Sky and Vodafone still believe there should be full structural separation, continuing to apply pressure on BT, while analysts have noted the need for Ofcom to enforce the issue.

"That Ofcom has had to speak out of its 'frustration' suggests to me there is more to this delay than bureaucracy and red tape – that unwillingness to comply is also playing some part," said CCS's Kester Mann after Ofcom's decision.

Richard Neudegg of uSwitch said: "This is a last-minute warning shot to BT to improve its offer on how legal separation would work. It would appear Ofcom is still open to BT proposing a better voluntary deal."

[excell1] 03/12/2016 19:02

Seems strange to me that you keep getting it wrong with your predictions.

[montyhedge] 03/12/2016 17:43

Seems strange you can't have Sky TV without a BT line.

[pacemaker1000] 01/12/2016 23:11

The uk model is if a company is doing well then force it share its hard work and foresight with others!
Seriously can someone explain why competition is good for the consumer? we have an overseeing body which is there for that. OFCOMs priorities should be solely to ensure the consumer is getting good value for money. Not to undermine BT by allowing leeches to make a profit!!

[mornington crescent] 01/12/2016 22:46

At long last

Landline rentals are on the page

The annual cost of £200 is outrageously high

It should be less than half of what it is now

well done Ofcom

[diku] 01/12/2016 18:51

In US they promote their big companies to get bigger...in UK they thrash them...