Bt Share Discussion Threads

[pacemaker1000] 29/3/2017 20:16

Smurfy... of course your gas water and electric company are charging you rental for the connection. It's just in a different way. The cost covers the maintenance and upgrade of the transmission medium same as BT have to do.
Not saying which is correct but BT seem to be the ones complained about so maybe they should just give us an all in one bill to encompass the medium it uses to provide you with service.
At thirty quid a month for unlimited BB or fifteen for phone seems a good deal to me. Don't know what you're paying but this would be only 1/10th of my other combined utilities.

[jenny tulwought] 29/3/2017 19:11

smurfy, thank you for writing.


The line rental BT charge, is similar to that charged by other service providers such as Sky & Talk Talk. Some might suggest that this represents a 'cartel' which Ofcom appears unable to legislate against. In the early days of de-regulation, Ofcom refused to allow BT to drop it's prices - because to do so, would have hindered BT's competition in the process of becoming established (ironic eh?).

Much of the money paid by the likes of you and I for line rental, is ploughed straight back into network investment. Not only fibre to cabinets and premises, but also to upgrade the those copper and aluminium lines which, when first laid in the ground or hung from poles, weren't designed for more recent technological advances.

Despite the pension deficit (not the fault of consumers - granted), BT Openreach began investing billions in the fibre network. When the fibre role-out began, the country was in the grip of the 'credit-crunch'. Even then, the likes of Sky and Talk Talk were calling for BT and O/R to be separated.

But back then, some 11 or 12 years ago - and with much of the world in that dire economic climate, if the other SPs had had their way (bringing about the separation of BT from OR), they wouldn't now be in a position to squabble over more favorable access to the fibre back-bone of Britain - since it wouldn't exist (certainly not to the extent many enjoy now).

If you were a business man, surely you would expect a return on your investment - especially if you'd had to take a few risks along the way? BT (Openreach) took financial risks with upfront investment - and without any guarantees of when (or if), that investment would 'pay-off'.

When BT announces its results, profits are quoted in billions - but in terms of percentage, maybe one could do better running a corner shop (sorry if this appears flippant - but the illustration and comparison may be apposite).


I find myself wondering why is it other service providers are able to charge a similar amount to BT?
May be they too, took risks by investing 'up-front'?

[sicker] 29/3/2017 18:55

Do you not have a 'standing charge' smurfy?

[smurfy2001] 29/3/2017 18:10

Jenny, when l pay for my electric or gas i'm not paying for rental of the electric lines or gas pipework. The monthly fee should cover it. It's extortionate that my BT costs are the same as my gas and electric bill!

[maurillac] 29/3/2017 17:35

lol i thought your hat was on 285 !!!!!!!!
changes like the bloody wind ........
m

[montyhedge] 29/3/2017 16:19

Drifting and shares don't drift up, massive stale bull position built up, I see 305 to 310p when they run for the door.

[oakville] 29/3/2017 16:11

Walter Mitty is still alive and kicking !

[toon1966] 29/3/2017 15:17

Naughty Virgin - they've reduced the number of homes it said had been reached by a £3bn network upgrade. Staff had “misrepresented” the completion status of the Project Lightning expansion when it reported fourth-quarter results in February.They claimed that its new network had grown to pass 215,000 homes in the three months to the end of December but has now cut that figure to 86,000. Shocking.

[jenny tulwought] 29/3/2017 14:22

Enjoying some time off today, and have been tuned into the BBC's Parliamentary news channel - particularly the Brexit debate following the conclusion of PMQs.

I think I heard said somewhere, that Germany exports more cars to the UK, than to any other country (not sure whether that was globally, or just within the EU). Either way, it won't be in Germany's interests to stifle the existing trade it currently enjoys with us. Further, I can't see how it is in the interests of any other European nation to stifle existing trade with us. So, how could it be in the interests of the EU, to make Brexit negociations difficult?

Well, and here's the interesting dichotomy, the easier they make it for the UK, the more attractive separation may appear to other EU nations who harbour 'elements' within, to demand their own referenda.

So, will the E/U feel the need to be 'awkward' - in order to deter other nations following our lead? It'll be facinating to watch all this unfold.
(Yeah, I know, I need to get out more...)

:o )

[colonelgrim] 29/3/2017 13:03

That’s strange muters, I’ve just taken a look at your diary for tomorrow, and can confirm you have a hygene course in the morning, and an appraisal update in the afternoon, could that be the reason why your away from your desk tomoz(?), so why would you have us believe you can even afford course fee’s!

Rule number one on these threads…

“DO NOT BELIEVE ANYTHING YOU HEAR, AND ONLY HALF OF WHAT YOU SEE!”

[montyhedge] 29/3/2017 12:15

Have a good round, I'm playing tomorrow. So no posting you may be pleased to read.

[sicker] 29/3/2017 12:11

Or even monty management. May you have many more wins than loses :-).
p.s. now I' m off to try to play golf.

[colonelgrim] 29/3/2017 12:08

"I give a percentage of winnings to a local charity"!

So thats why you voted ms tolworth's post 'DOWN' re starving rag'ed in Africa was it?

You gotta have a good memory to be a good lair mutley, you clearly fall down on this attribute!

'... give ... winnings to ... charity', oh I did kin chuckle, you'd do better to keep quiet and let us wonder at your stupidity, than to pen here and confirm the fact!

[montyhedge] 29/3/2017 11:57

sicker
Of course you win some, lose some, as long as the end end of the year, you have won more than you have lost. Everyone as loses now and then, even Buffett lost a fortune in Tesco.
Its all to do with money management.

[toon1966] 29/3/2017 11:52

I appreciate trading/share dealing is a form of 'gambling' but using the phrase 'winnings' is surprising for the Number 1 Trader, suspect he/she has picked this up from their love of 'Bingo'. Saying that I'm sure the local charity is delighted with £1.20 pa. Monty - pa stands for per annum.....

[sicker] 29/3/2017 11:41

Who pays for your losses ? (and please, please don't say you never loose ;-o)

[montyhedge] 29/3/2017 10:58

HubsI love trading. I give a percentage of winnings to a local charity.

[hubshank] 29/3/2017 10:56

I am slightly curious Monty, as number 1 trader and always getting it right, why do you still trade? surely you must have made enough money by now to retire and live a very financially secure life. I have been around ADVFN for years, and I know you have been here even longer. Why are you not yet retired and living off the fruits of your labour?

I wish I could get it right every time. I think I might sell my house and just follow your trades. I will be stinking rich by the end of the year. A house in the Bahamas, a boat in the south of France, a ski lodge in Switzerland...... What do you think? :@)

[montyhedge] 29/3/2017 10:53

Another fail attempt by bulls to get this this up, massive stale bull now built up in my view. One spreadbetter I saw 95% long 5% short positions in BT, desperate bulls I think.Still my target below 300p.

[pacemaker1000] 29/3/2017 10:21

Toon...I agree your comments are completely valid and your response to Monty was correct. Point I was making was his consistency to repost statements already covered and mostly rubbished by genuine members on here. He's a complete idiot. I'd use stronger words to describe him but won't sink to his level.

[oakville] 29/3/2017 10:16

Monty getting angry as he is realising £2.80 is a distant dream.

[jenny tulwought] 29/3/2017 09:17

pacemaker,

Your post yesterday evening at 20:15, is one of (if not the) best posts I've ever read here - very well said sir.


Moving on,
To those who think line rental should be free, why stop with BT? Perhaps Hertz car rental should be free, what about house rental? - should that be free too?

- and why not? - is it not the case that, like the Openreach network, cars and houses are maintained using magic dust, sprinkled from 'on-high', by pixies, elves & fairies...



PS
I may be a fairy, but I don't work for free (had to get that in before someone else did!!)


PPS & EDIT
Monty, it took you all of two minutes to mark this down - is that a 'personal best'?

[toon1966] 29/3/2017 09:07

Like you Pace just putting my own point of view across....

[pacemaker1000] 29/3/2017 09:02

Toon...I'm afraid you have been taken in by Monty. He posted this a week or so ago and it was explained in great detail to him why the land line is still needed. Hes just attention seeking again like the child he is!