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Market Watch

BT’s New Leadership Era Begins with Promising Financial Outlook

By Kamile Bigenyte February 2, 2024

Allison Kirkby has officially taken the reins at BT, unveiling her first set of financial results as the company’s new chief executive. The figures, reflecting the final quarter of 2023, show a modest increase in revenue to £5.3 billion, up from £5.2 billion, with adjusted EBITDA holding steady at £2 billion. This performance was bolstered by positive developments within Openreach and the Consumer division, though slightly hampered by the challenges faced by BT Business, including cost issues and a downturn in legacy product sales.

Telco Buzz

Unraveling BT’s Landline Pricing: A Landmark Tribunal Case

By Kamile Bigenyte January 30, 2024

Prominent telecom operator, BT, steps into the fray of a groundbreaking class action lawsuit. At the core lies accusations of excessive pricing for traditional landline users, contrasted against fairer prices for bundle consumers. While BT robustly contests any allegations of abusing its market dominance, millions of claimants eagerly seek compensation.

Broadband

BT’s Simpler Pricing Strategy: Illuminating Broadband Costs

By Kamile Bigenyte January 17, 2024

BT has voiced plans to simplify pricing, aligning with Ofcom’s push for clarity in broadband advertising and curbing mid-contract price fluctuations. The restructure is likely to see broadband prices rise by about £3 monthly, while mobile may see a £1.50 increase. BT’s current model adjusts customer fees annually by inflation plus 3.9%, a method unclear to most clients, inciting dissatisfaction and a rise in complaints. Ofcom seeks to ban mid-contract inflations under review until mid-February.

Telco Buzz

Exploring BT’s Shift from OneWeb to Starlink’s Satellite Connectivity

By Kamile Bigenyte January 16, 2024

BT’s recent talks with SpaceX to leverage Starlink’s LEO satellite fleet for remote connectivity in the UK has sparked curiosity, especially given BT’s current partnership with OneWeb, Starlink’s competition. It’s speculated that Starlink’s innovative direct-to-device capabilities, which promise unblemished global coverage without a need for a terminal, could be the allure.

Telco Buzz

Unpacking BT and BGC’s Deal: A Leap Towards Digital Excellence

By Kamile Bigenyte January 15, 2024

The new partnership between BT and Basrah Gas Company (BGC) sets an intriguing course for the digital transformation of the latter’s operations in Iraq. This collaboration will securely link BGC’s offices, processing units, and gas fields while enhancing their access to cloud-based applications.

Market Watch

BT’s Bold Move: Repurposing Street Cabinets into EV Chargers

By Kamile Bigenyte January 9, 2024

BT is pushing the envelope, repurposing fading street cabinets, once integral for broadband and phone hookups, into sophisticated EV charging points. Amid a direct-to-home fiber revolution, redundant units could fuel a UK-wide EV charging network, starting in East Lothian, Scotland.

Telco Buzz

BT’s Challenge: Phasing out Huawei Equipment Deadline

By Kamile Bigenyte January 3, 2024

Navigating the challenging mandates of the dynamic telecommunications world, UK’s premier telecom operator, BT, stumbles upon an obstacle. The company has failed to adhere to the deadline for the complete removal of Huawei equipment from its core network. The deadline, already deferred twice, raises doubts over the telecom titan’s ability to successfully transition away from Huawei’s infrastructure within the stipulated timeframe. A UK law dictates all network carriers to rid their systems of Huawei equipment by the end of 2027.

Telco Buzz

Altice’s Debt Reduction Tactics: Asset Sales & Business Equity Shifts

By Kamile Bigenyte December 13, 2023

Discover how Telecommunications giant Altice, facing a whopping $60 billion debt, eyes its Portuguese operation Meo as a lifeline. Amid debt woes, other challenges surface, including a scandal involving co-founder Armando Pereira. International telecom players are also in motion, with the Saudi STC Group asserting its presence in Europe, and UAE-based e& planning to increase its stake in Vodafone.

Market Watch

Revealing BT Group’s MAUD: Innovation in Content Delivery

By Kamile Bigenyte December 11, 2023

BT Group has taken a bold step into the future of content delivery with an innovative concept known as Multicast-Assisted Unicast Delivery (MAUD). This technology takes a fresh approach, replacing the traditional individual internet stream with a more efficient consolidated flow. Not only is this technology seamless for consumers, it also delivers substantial resource savings. Furthermore, in an era of environmental consciousness, MAUD offers up to a 50% bandwidth reduction during peak times, resulting in lower energy usage.

Telco Buzz

Telefónica’s Tech Unit Sale: Strategic Move or Debt Reduction?

By Kamile Bigenyte November 28, 2023

In an intriguing shift, Telefónica, the Spanish telecom titan, is exploring potential profits from selling its Tech unit, stirring up future predictions. Insider details reveal engagement with multiple financial institutions and a goal to retain majority control, a factor that might affect investor incentive. Amid this, the Tech division’s impressive financial growth and its strategic significance in enterprise technology are undeniable.