Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Read somewhere currently Internet data usage doubles every year. Sure post 2030 We will be looking at 6G and multi gigabit fibre.
"Natural wastage and release will see many of the experienced staff going in the coming years, as it has been for many years across BT"
The cloud will do everything soon. Many don't bother with a landline anymore, they just use mobile, me included and most will probably use their mobiles tied to some sort of Voip over wifi app when in their homes and use the mobile network when out and about. As I've said in previous posts, I just don't see where Telecom network infrastructure can go once 5G and FTTP is complete. There will probably be new app's developed around IOT and Core hardware/services, but that's it as far as local connectivity's concerned, no where else to go.
OR staff cover, copper provision and maintenance, fibre provision and maintenance, lower grades tend to do splicing, cabling, and dum kit provision, eg Ethernet NTEs but not involved in transmission configuration. Exchange jumpers, the transmission trained people deal with other Ethernet commissioning and exchange chassis instals, isdn30 DWSS,SDH etc and tend to be higher grade staff. The exchange staff are BT not OR except those who do the jumper in. There are also planners and other back office inOR. Natural wastage and release will see many of the experienced staff going in the coming years, as it has been for many years across BT
"Once the legacy network is mostly redundant, there will be little need for many of the experienced copper staff and transmission skilled people"
I don't know how BT organise their staff responsibilities, but i would think the Transmission staff would be capable of working on DWDM networks and use of optical power meters and OTDR's on the Fibre links. I believe that BT have stated that much of the job losses would be through natural wastage and some staff would be retrained for working on the new network hierarchies. I suspect the ones most at risk would be switch Engineers working on the current Exchanges, although i have no idea what sort of Exchanges BT are currently using and if these will be rapidly decommissioned when everything goes VOIP.
Very good point Fleccy. Once the legacy network is mostly redundant, there will be little need for many of the experienced copper staff and transmission skilled people. Once a full fibre network is operational much less staff and skill sets will be needed, so a sell off of part of the operation, that being fibre skills, leaving any copper and transmission staff needed within BTs control. That would be a sad day...
My apologies Fleccy, you're quite right, I looked at the date that was under another article at the side that was dated 26 May. Thanks for the correction.
"However, there's usually no smoke without fire, so I wouldn't be surprised if this story has legs."
Nige, the link you posted is for an article from the 15th May. BT have stated that Openreach isn't currently for sale, so it's not imminent. If BT did decide to spin off the Openreach workforce, i suspect it wont happen until the PSTN switch off after 2025. At the point of the PSTN switch off, if BT have done the job right, hopefully they will have rationalised much their network infrastructure and possibly property footprint, so that might be the ideal point to look at Openreach.
Even if this story is not true, it might have the effect of concentrating the minds on the realistic value of Openreach, and have a beneficial effect on the SP
Notakin...... "Nonsense Openreach is not for sale."
Notakin, I hope that Openreach isn't for sale, I don't think that BT needs to sell off Openreach. However, there's usually no smoke without fire, so I wouldn't be surprised if this story has legs.
Nonsense Openreach is not for sale.
26/5/2020.............BT bounces on Openreach speculation, as European markets rebound
BT Group shares are higher after reports that it is in discussions to sell off a multibillion-pound stake in Openreach, in order to help fund its investment in accelerating the build of its FTTP network, with a target of 20m homes by the mid to late 2020s, and a target of over 2m in 2020/2021. The company is also spending a great deal of money investing in 5G technology.
Last week the company announced it was suspending the dividend until 2022, in order to help free up extra cash, while at the same time trying to fund a rising debt level, and pension deficit. The urgency is all the greater given last week's big deal between Telefonica and Liberty Global, as they look to compete with BT in the quad play space of home phone, broadband, TV and mobile contracts into a one-size-fits-all package. If BT is able to pull this deal off, and in some respects, it really needs to if the UK is able to get the broadband infrastructure it needs, then we could see a considerable uplift in the share price, given that Openreach’s assets have been valued somewhere in the region of between £15bn and £20bn.
https://www.cmcmarkets.com/en-gb/news-and-analysis/bt-bounces-on-openreach-speculation-as-european-markets-rebound