BT heads to court to fight £1.3bn class action January 29, 2024 Telecoms giant BT is set to appear in court today as it faces a £1.3bn class action over allegations it has "disproportionately overcharged" its landline customers, many of whom are elderly.
Fibre advancing ‘like fury’ but will £5bn infrastructure spend turn round BT’s share price woes? February 2, 2023 BT reported a solid third quarter of the year in a statement to markets this morning, with boss Philip Jansen hailing a “transforming” firm. Revenue in the three quarters to the end of December crept up to £15.6bn, a small fall on last year which the firm put down to inflationary headwinds and legacy product [...]
BT successor has their work cut out, say analysts July 10, 2023 The successor of outgoing BT boss Philip Jansen faces a tough job ahead as the company battles poor earnings amid the pressure to rollout 5G, analysts have warned. It comes as BT confirmed today Jansen will step down “at an appropriate moment” within the next year. “Whoever takes the hot seat at BT will be [...]
BT boss Philip Jansen to step down within a year July 10, 2023 BT confirmed today boss Philip Jansen will step down “at an appropriate moment” within the next year. In a statement this morning, the telecoms giant said its nominations committee has been conducting a formal succession process. Adam Crozier, chair of BT Group, said: “Philip has done an excellent job in his time at BT and [...]
BT to revamp Britain’s ‘street furniture’ by converting old payphones into advertising screens March 28, 2024 Starting 2025, BT will partner with media company Global over the following decade to revamp the old payphones into advertising screens.
BT boss says Huawei ban cost firm £500m September 20, 2023 BT's chief security and networks officer Howard Watson said today that the UK's Huawei ban has cost the telecoms giant £500m.
What has new BT boss Allison Kirkby got in store for the telco? January 27, 2024 BT's first female boss Allison Kirkby has a strong CV but the telecoms veteran has a tough job ahead of her.
BT: Openreach grows as business unit lags for Britain’s biggest telecoms firm February 1, 2024 BT is showing shoots of growth, with total revenue up three per cent in the nine months to December, after it added 432k Openreach customers.
Cityfibre: Network provider hits profitability in challenge to BT Openreach and Virgin Media May 8, 2024 Cityfibre recently announced its acquisition of network provider Lit Fibre, which has boosted its full fibre rollout by up to 300,000 sites.
BT confirms first female chief Allison Kirkby will start next month January 8, 2024 BT has confirmed that Allison Kirkby is set to step up as chief executive of the British telecoms group starting 1 February 2024.