BT Group has published its full year results, revealing underlying revenue of £20.9 billion (€24.4bn) – down 2 per cent for the full year – attributed to declines in Enterprise and Global. Cost savings meant EBITDA rose 2 per cent to £7.6 billion. The telco said it is on track to meet its targets for […]

Although recent reports had suggested that streaming service DAZN was on the verge of clinching a deal to acquire BT Sport, Discovery has emerged as the frontrunner, with confirmation from BT that it has entered into exclusive discussions with Discovery regarding a new joint venture between BT Sport and Eurosport UK. The telco also revealed […]

BT has opened its new global headquarters in Aldgate, London, as part of the telco’s ongoing root and branch transformation programme, which includes its offices across the UK. The building, known as One Braham, has now opened with nearly all colleagues already working from the site. Housing around 3,500 colleagues, the new HQ will be […]

BT has reported H1 revenue at £10.3 billion (€12.1bn), down 3 per cent, driven by revenue decline in Enterprise and Global. Consumer revenue was flat, partially offset by growth in Openreach. The telco’s Chief Executive, Philip Jansen, suggested the results demonstrate an acceleration of pace in the transformation of BT. “We are creating a better […]

Adam Crozier, former chief executive of Royal Mail and ITV, has emerged as the favourite to take over as the new Chairman of UK multiplay telco BT. Current Chairman Jan du Plessis announced his resignation in March 2021, reportedly after a personality clash with Chief Executive Philip Jansen, and is expected to leave by December […]

Philip Jansen, BT’s Chief Executive, has declared that the telco is on a path to growth. Commenting on the company’s Q1 results, he reported that operational performance remained strong, with EBITDA growing during the first three months of the year, reflecting improved trading across most of its business and the positive benefits of plans to […]

BT has announced a multi-million pound investment in Safe Security, an industry-leading cyber risk management firm. Headquartered in Silicon Valley, its SAFE (‘Security Assessment Framework for Enterprises’) platform allows organisations to take a health check of their existing defences and understand their likelihood of suffering a major cyber attack. Industry analysis estimates that the cost […]

Mega-satellite constellation operator OneWeb has signed a Memorandum of Understanding (MoU) with the UK’s largest telco BT to explore the provision of improved digital communication services to some of the hardest to reach parts of the UK. A joint statement from the pair says that the “ground-breaking agreement” between them comes as investment in expanding […]

Openreach, the wholly-owned, independent fixed access infrastructure arm of UK multiplay telco BT, says it is building Fibre-to-the-Premises (FTTP) faster, at lower cost and higher quality than anyone else in the UK. In the last year, Openreach passed a record 2 million premises with FTTP. Openreach now believes that it has the capability to reach […]

BT has announced the creation of a new technology unit – Digital – to lead its digital innovation agenda, effective from April 1st. The new unit will focus on the development and rapid delivery of innovative products, platforms and services in key areas such as healthcare and data. To lead the new unit, BT has […]