BT reports first sales growth since 2017 and says current trading in line
The telecoms giant faces widespread strike action over the next two weeks as workers demand pay increases
Sector
Telecommunications
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Vodafone boosts revenue 1.6% after UK price increases
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BT Group outlook clouded as industrial action looms
Investors will be looking for reassurance from telecoms giant when it reports Q1 results on Thursday with threats of industrial action on the horizon and economic pressures building on the business
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Is Vodafone a growth stock? ... Deutsche Bank's lofty target suggests it is
Deutsche’s ‘buy’ recommendation suggests more than 70% upside to the current market price of around 127p.
Strike call to dominate BT's quarterlies suggests Citi
Growth in the consumer and broadband arms will offset declines in Enterprise and GS
Bigblu Broadband continues to trade in line with expectations, well positioned for second half
Total revenue for the six months to end-May grew 13.8% to £14.9mln, while adjusted EBITDA climbed 1.4% to £2.0mln
FTSE 100 ends flat as Wall Street dips again after dire first half to 2022
At the close, the UK blue-chip index was just 0.63 points lower at 7,168.65, below the session peak of 7,214.82 but well above the day’s low of 7,101.38
BT has prepared for potential strike amid political pressure not to hike pay offer
The company's main trade union will announce the result of its strike ballot tomorrow afternoon, with analysts expecting a 'yes' vote
When is a food bank not a food bank: BT disputes union claim
Earlier this week the telecoms group held a virtual town hall meeting where boss Philip Jansen, who saw his own pay rise 32% this year, said a strike would “damage the business” by harming customer relationships
BT and Vodafone set to meet culture secretary over cost of living crisis
Berenberg warns that mass-market pricing could damage investment in the sector
BT Group workers begin ballot on potential strike
It is expected that the ballot result will be announced before the end of June
BT complains about lack of govt support in broadband rollout, as 'alt net' rivals threaten
The boss of BT's Openreach arm said difficulties in hiring enough skilled staff from abroad was “constraining the rate of fibre build”
Vodafone needs big deals as growth prospects are underwhelming says JPM
Headwinds in Germany are likely to offset any other improvements, according to the note
BT's sports arm merger with Discovery facing competition scrutiny
A merged BT/Discovery would be able to offer sports fans Champions League and Premier League football plus a host of other events