Member Info for Aus3009

Hi Pete, that’s interesting to hear that, my views on these subjects are mainly through stepping back and trying to take a balanced view, rather than expertise. I understand these upgrades are super expensive, the industry will (I guess) need people to pay extra, rather than a free upgrade. The exception I think is Virgin Media, I think they can carry on increasing speed fairly cheaply for the foreseeable future. This means they can probably react quicker than any other provider if the market does want to pay for it & at the same time they can keep adding small increases to make their offering a unique choice

Sorry I meant to say “twisted copper pair for voice and coax for tv & broadband OR fibre all the way to the door”

Hey Faultsman, I’m not sure I would agree with your vision. The national backbone fibre networks are already highly competitive, I think the point I was making about access networks over the next 10 years is already a reality in this area. I see this being super competitive in price, same way as carrier services went in the late 90’s early 2000’s where the cost of carrier voice was so low, most business collapsed. This fibre backbone data carriage will likely go the same way so there won’t be any money in it. I do agree with you though that after 30 years since privatisation OFCOM should be giving BT free reign to earn cash. The network is so different to what it was and was funded with private investment same as Virgins. Virgin Media deliver twisted copper for voice and coax for tv and broadband not fibre all the way to the door. A really large part of my opinion on network matters is the question of speed and what’s enough?. I think rollout of new faster services might be slowed down by this equation. If people already have enough speed will they pay for extra?. I realise mobile firms want 5G, but I’m really not sure people will pay extra for it because existing 4G does what most people want. I feel same about fixed broadband, once you get 20-30mb at home will you pay extra for a faster connection ?

What are your thoughts about end of year results. I have a feeling this might be a close run thing in terms of reaching expectations. I had a feeling BT struggled to keep up with expectation each quarter this year, running flat out. Bad weather, 5G bandwidth, fines etc etc might mean reporting less than forecast? Agree? Disagree? & why? Where do you think the extra money will come from?

This is where lil Rod shouts at me. I don’t necessarily agree. O2, Vodafone, Virgin Media 17m Homes) and others have national reach to homes and offices. Smaller nimble companies are eating away at BTs dominance every day of every week adding 2 - 5 million premises every investment cycle. BT isnt allowed to charge properly for the use of their last mile network highly regulated by OFCOM and finally the high costs of upgrading and maintaining this network is an overhead many of its competitors don’t have. If you look at over the top services who don’t own large scale access networks like Netflix, sky, google etc etc can clearly see the direction of travel, people will pay more for content and services whilst paying less and less for the network. Sky are brilliant at undermining network revenue by offering free broadband. Of course I agree none of these services work without a network, but in my view the question about whose network and how much people will pay for it I think will blur over the next 5 to 10 years. If BT could charge more for access to its last mile I would be less concerned, if OFCOM stop BT from leveraging their network, but stil expect them to upgrade, whilst smaller companies invest in the back ground forcing BT’s hand regardless, network could become more of a mill stone. IMO.

I’m one of those mutants.

Hi Bertram, fingers and toes are crossed. I’m still very hopeful. I agree with everything you have said, I don’t claim to fully understand but interest rates should help deficit melt away too. I have a niggly feeling the end of year results will be a very close run thing..... I wouldn’t be surprised if BT slightly miss their numbers in may. Everything else is looking good, slowly the company’s issues are being addressed.

Hi Bertram, absolutely !!! This is my logic. I filled up my isa with bt shares yesterday to bring average down again. Pension changes, RPI to CPI if not this time round, I understand government might be removing CPI anyway. Re-calculating life expency calculations, which when Tesco did this halved their pension deficit,this could return billions back into the share value. Then there’s OFCOM, if they will allow BT to actually make some money, G. Fast rollout which I’m still hoping will take pressure off. I have a feeling BT sport is having a good period with champions / Europa. Love the new kiosks replacing phone boxes, 5G and EE. If just 50% of this comes good we should start seeing a return!!!! The excitement of it all & the interest it encourages is far more important than the money !!!!!!!! & all the time 15p per share being earned !!!!

Who cares ?

Gecko999. There’s really only one question. What on earth has it got to do with you what anyone else does with their money or shares? When you work out the correct answer to that, maybe you would like to read back through some of your posts and maybe, just maybe have a rethink.

Of course you are right.

Hey Blue Pete thanks for giving me a break from lil rod!!!!! He’s such a ....... ummmm. Character isn’t he? Although have to admit he’s dropped down my hit list since lambtwat turned up. (Would quite like to meet him in person)

Just found this article, £90,000 fine and the judge is confirming what the guys have reatedly said about contractors on this site. Of course I realise this is low level, but it shouldn’t be happening. Has it always happened or is governance becoming more complicated ? https://www.independent.co.uk/news/business/news/bt-tfl-fine-street-works-danger-pedestrians-westminster-magistrates-court-a8279111.html

I would be very happy to see £2.30 too at this stage, blue is a good colour

Anyway back to inlink kiosks. Is there a down side?

Anyway, a break from the things that don’t matter and on to the things that do. I’m loving the new inlink kiosks BT are deploying, these take the old pay phone boxes right back into view. Seem like a lovely promotional tool and a way of building up contacts for future marketing. Is that kind of agreed or is anyone seeing a downside ? http://home.bt.com/tech-gadgets/tech-news/bt-inlink-uk-100-wifi-kiosks-street-london-leeds-11364260837104

Haha Avrohom, I thought share price was good value at £4.20 & then £3.40. &. Yes I’m an emotional loser at present. But I have lots of shares I didn’t pay for, so slightly different for me. I’ll buy some more at these prices to lower the average of the shares I have bought. My view on share strategy is the whole thing seems to be fairly unpredictable. I’d suggest there are lots of strategies in play, with emotional purchases being one of them. Maybe the best strategy of all would be a combination rather than an unwavering worship of one. Although i would agree emotional only carries the biggest risk, it’s also possible it could deliver good rewards?

Much better today have been watching the share price in relation to other good telecoms company’s. It’s nice to see the share price roughly track with other share prices, it’s been a while since this happened. Can see lots of broker recommendations improving. Dividend last oks good as already discussed, but from my perspective the high returns might make investors think there’s a risk / reward balance to be considered, rather than the divi staying the same and price dropping. Also I think it will be a tough sell to BT’s detractors when they are continuing to pay 6% +. I preference would be share price up % down.

Thanks for all the information guys. Power over fibre has come long way since that article, I know there’s already talk about using it to power routers and other CPE. I think the bottom line is this is complicated. I have to admit I was thinking G. Fast might be the answer and BT were holding off on FTTP because they had it in their back pocket ready to go. Rethink in my part needed. Hopes and dreams dashed!!!

If interested link to power over fibre. https://electronicsnews.com.au/delivering-power-over-fibre-optics/