BT Group sees quarterly profits decline ease
The group's Openreach arm has now installed 5G masts in 125 towns and cities
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LON:BT.A
Operating in over 170 countries, BT is one of the world’s leading providers of communications solutions and services.
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The group's Openreach arm has now installed 5G masts in 125 towns and cities
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It is set to be a busy Thursday for blue-chip updates.
If successful, the lawsuit could see the telecoms giant shell out £600mln in payments to 2.3mln customers
The analyst said BT’s Openreach arm and the group’s pension deficit are the “two biggest drivers” for the shares
The telecoms firm said the new unit will focus on “the development and rapid delivery of innovative products, platforms and services” in areas such as healthcare and data
The regulator said the telecoms giant failed to give a rival company the same information as its own bid team during the bidding process regarding one of its wholesale products
The phase 2 investigation starts immediately and follows a request from the two telecoms companies for a fast-track review
The telecoms giant is facing its first national strike since 1994 as a ballot of 45,000 of its workers affiliated with the CWU returned 97.9% support for an official vote on a walkout
“In our view the key drivers for [BT's] stock from here are the valuation of Openreach and the clarification of the pension deficit,” analysts said
Philip Jansen told a conference that there was “potentially” room to consider selling a minority stake in the business
The communications regulator said Openreach has made “good progress in strengthening and safeguarding” its strategic independence from the wider business
The expected levels of free cash flow should offer tight cover to BT’s 7.7p dividend resuming next year
If the CWU vote in favour of industrial action, it would be the first national strike at BT since 1994
In the half-year to September, adjusted underlying earnings came in at £3.2bn
From next December, the regulator said mobile networks will not be able to sell handsets that can only be used on their network alone in a move designed to make switching providers easier for customers
Amazon has been making incursions in the Premier League broadcast clique ahead of next year's big rights auction
All Huawei equipment must also be removed from UK 5G networks by 2027
A lack of global sport will result in around a £400mln profit hit to BT Sport in 2021 but the analysts believe by 2022 most of the negative impact will have reversed
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Amazon is edging its way into Premier League broadcasting.
The bank also said derisked consensus estimates with an attractive valuation were also key reasons were taking a “more constructive view” on the stock