BT Group PLC (LSE:BT.A) results updates have been dull affairs of late with revenues and earnings static and most of the emphasis on how many customers it has lost.
But things might be changing, especially with the hump in the fast-fibre broadband roll-out programme in sight.
Bulls say that will clearly show the cashflow potential of broadband arm Openreach, but competition is fierce and a lot of capacity is being built.
Broadband line losses were 196,000 in the first quarter and are tipped to hit 167,000 over the second quarter.
Inflation-linked price rises have also been a major tailwind in recent years but as newer lower-priced contracts kick in guidance into the second half of the year will be key, says wealth platform Hargreaves Lansdown.
One thing unlikely to figure in the numbers but worth noting is the pension fund and whether, like many other legacy company schemes, having been a drag for years it is now in surplus and potentially saleable.
Consensus expects group revenues to be down 0.6% to £5.22 billion and underlying profit [EBITDA] flat at £2.06 billion.
UBS adds that weak top-line trends in the first two quarters will require improvement in the second half to hit the company's full-year guidance.