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Share Price Information for BT (BT.A)

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Share Price: 134.25
Bid: 133.60
Ask: 133.65
Change: 1.65 (1.24%)
Spread: 0.05 (0.037%)
Open: 132.70
High: 135.50
Low: 132.50
Prev. Close: 132.60
BT.A Live PriceLast checked at -

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Analysts outline challenges ahead for BT's new chief

Thu, 25th Oct 2018 12:04

(Sharecast News) - Macquarie Capital believes BT's newly announced chief executive could win over wary investors, as the bank laid out the key areas Philip Jansen will need to focus on.The telecoms group announced on Thursday that Jansen, currently chief executive at payments processing giant Worldpay, would take over from current boss Gavin Patterson on 1 January.BT has struggled recently, as it clashed with regulator Ofcom and warned on profits after an accounting scandal at its Italian business. Patterson was pushed aside by the board in June following the profits warning.The blue chip's shares have lost a third of their value in the last five years, and on Thursday they were down 4% at 239.75p at 12.30pm in London.But Macquarie analyst Guy Peddy said: "BT has committed to our thematic path for the sector [that] we have been articulating for much of the decade. BT's scale offers a competitive advantage in the network-intensive outlook for the sector. A new chief executive has the ability to win back investor confidence."He conceded, however, that BT was a difficult company to manage, encompassing as it did retail, wholesale, consumer, business and enterprise-focused divisions, and "operating in a structurally challenged industry and subject to regulatory oversight and political interference".In a note to investors, he outlined what Jansen's immediate agenda should be.A priority, he argued, should be cutting the dividend, "to remove the continuous headache and debate over its sustainability". Macquarie is targeting 10p per share for the full year 2018/19.Other areas of focus should include pushing 5G technology, investing in IT, accelerating the move to IP, and avoiding any further separation of Openreach, BT's infrastructure business. BT still owns Openreach but following a battle with Ofcom, it finally agreed this year to legally separate the network business in order to increase its independence.Macquarie also stressed that Jansen should work closely with Matthew Key, the former Vodafone and O2 executive who is joining the board as non-executive director. "He understands the value of digital and brands," argued Peddy, noting that his appointment was "perhaps even more interesting" than Jansen's.
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4 Sep 2023 17:04

IN BRIEF: BT to issue EUR850.0 million 4.25% notes due in 2033

BT Group PLC - London-based telecommunications provider - Will issue EUR850.0 million in notes with a 4.25% coupon due January 6, 2033. Says the notes are to be issued as part of its EUR20.00 billion medium-term note programme.

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25 Aug 2023 11:16

Director dealings: BT non-exec, Aquila Services chair buy shares

(Sharecast News) - BT Group was on the list of director purchases on Friday, after a non-executive director picked up almost $0.1m worth of shares.

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25 Aug 2023 11:15

IN BRIEF: BT non-executive director Jones buys USD100,000 in shares

BT Group PLC - London-based telecommunications provider - Non-Executive Director Maggie Chan Jones buys 70,000 shares at USD1.42, worth USD99,400, on Wednesday in New York.

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23 Aug 2023 16:50

Lapsus$ hacker targeted Uber, Revolut, Grand Theft Auto maker, London jury finds

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto.

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23 Aug 2023 13:21

Teen hacked Uber, Revolut and Grand Theft Auto maker, London jury finds

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found to have hacked Uber and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto after a trial at a London court.

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3 Aug 2023 17:06

UK's FTSE 100 slips after dour earnings; BoE hikes rate as expected

BoE hikes by an expected 25-bps

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3 Aug 2023 12:17

LONDON MARKET MIDDAY: Pound under pressure after BoE hike

(Alliance News) - European equities went into Thursday afternoon on the back foot, extending losses suffered on Wednesday following a US credit rating cut from Fitch, while the pound struggled to make headway after the Bank of England raised rates by 25 basis points, as expected.

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31 Jul 2023 17:27

UK's FTSE 100 ends marginally higher, notches monthly gains

Beverages down on Heineken's outlook

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31 Jul 2023 12:06

LONDON MARKET MIDDAY: Europe rises but FTSE 100 underperforms

(Alliance News) - Stock prices in London were lower at midday on Monday, though European peers were on the rise, following favourable eurozone economic data.

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31 Jul 2023 10:59

UK's BT appoints Telia boss Kirkby as new CEO

BT board member Kirkby will take over by early 2024

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31 Jul 2023 08:56

LONDON MARKET OPEN: Stocks down; BT appoints Allison Kirkby as boss

(Alliance News) - Stock prices in London opened lower on Monday, as investors eye some key data from the eurozone due out this morning.

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31 Jul 2023 08:36

TOP NEWS: BT appoints Telia CEO Allison Kirkby to lead company

(Alliance News) - BT Group PLC on Monday named Allison Kirkby as its new chief executive officer, about three weeks after the company officially started its search for a new CEO.

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31 Jul 2023 07:48

LONDON BRIEFING: BT names Kirkby as new CEO; Pearson profit up

(Alliance News) - Stocks in London are called to start the week on the back foot, after new data showed that the Chinese manufacturing sector continued to slump in July.

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31 Jul 2023 07:45

BT Group appoints Allison Kirkby as CEO

(Sharecast News) - BT Group said on Monday that it has appointed Allison Kirkby as chief executive, succeeding Philip Jansen around the end of January 2024 at the latest.

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27 Jul 2023 15:44

UK dividends calendar - next 7 days

Friday 28 July 
3i Group PLCdividend payment date
abrdn Private Equity Opportunities Trust PLCdividend payment date
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Hipgnosis Songs Fund Ltddividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Martin Currie Global Portfolio Trust PLCdividend payment date
Paragon Banking Group PLCdividend payment date
Personal Assets Trust PLCspecial dividend payment date
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Polar Capital Holdings PLCdividend payment date
Premier Foods PLCdividend payment date
Real Estate Credit Investments Ltddividend payment date
Schroder Income Growth Fund PLCdividend payment date
Shires Income PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Vertu Motors PLCdividend payment date
Monday 31 July 
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Tuesday 1 August 
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Next PLCdividend payment date
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Wednesday 2 August 
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Thursday 3 August 
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Aptitude Software Group PLCex-dividend payment date
Atrato Onsite Energy PLCex-dividend payment date
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Brunner Investment Trust PLCex-dividend payment date
BT Group PLCex-dividend payment date
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Foxtons Group PLCex-dividend payment date
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Inchcape PLCex-dividend payment date
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Nichols PLCex-dividend payment date
Oxford Instruments PLCex-dividend payment date
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Rentokil Initial PLCex-dividend payment date
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Starwood European Real Estate Finance Ltdex-dividend payment date
Tyman PLCex-dividend payment date
Unilever PLCex-dividend payment date
Vesuvius PLCex-dividend payment date
WH Smith PLCdividend payment date
  
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