Member Info for Aus3009

Fleccy - I’m afraid to say that’s utter nonsense. I’m really surprised you’ve not worked out how conned you were. Have you looked around you recently?

Fleccy you don’t understand. I’m saying Comcast & Liberty will likely be in the Oval Office campaigning to be included in government grants, U.K. tax breaks etc etc etc. You seem to be expecting a man like Boris Johnson who always sells everyone down the river, to not sell you down the river ? The U.K. government will be getting more and more desperate, do the maths. Outside the EU what exactly do you think their negotiating power is? The us and Australia already buy everything they want from us, EU standards stop that being true in the other direction (thank goodness). Outside the Eu only the us and Australia stand to gain increased exports to U.K. I suspect U.K. telecoms market will be high on the list along with drugs, farming and food

Fleccy - the conclusions you jump to and the lack of thought behind them worries me

You miss the point about U.K. / US trade negotiations. The US will want Comcast to have access. To government money, network opportunities, tax deals etc etc etc

In the same way they want us drug companies to have unfair access to the nhs and it’s drug deals.......

Fleccy - regardless of choice sky makes they need an openreach based product to cover areas Vm are not networked for. But they can prefer cable where available & Comcast can partner with Vm to help build more cable areas. I can’t believe this isn’t part of trade negotiations between U.K. and US

Fleccy - I’m not trying to influence what you do with your Bt shares. I continue to hold mine too. I’m just honestly saying what I think & how I see the risks. In past lives I’ve had dealing with ex us cable executives & know how committed they are to cable type technologies. I don’t agree fully with your assessment of the VM O2 tie up either, even though I expected a Vodafone / Vm association? (Still might be). I often read what you say on here & wish for continuity. When discussing BT you talk about dept being cheap & the time is right to borrow, when talking about Vm and O2 dept is a massive problem? My understanding from the press is the Vm /o2 deal isn’t expected for 2 years. After that I think we will see very aggressive moves. As for sky and Vm being competitors.... yes, but also, in so many ways no. The big decision for sky to use the U.K. cable network is in the other direction, sky will be directly accessing Vm customers with sky “cable” products, which I think will indicate a longer plan for Comcast to eventually own U.K. cable. All conjecture on my part, most of which depends on what happens next ? Let’s hope sky sign up to openreach

Ally like everyone else on here I don’t know, would be fair to say have no clue. But do enjoy speculating! The couple of things we do know are pension numbers should be floating around now, we know Saudi is investing in shares, might they be investing in network too? CPI & RPI Looks like it’s up for discussion again & we know U.K. government has started making announcements for post covid investment & finally as I said, a commitment from sky regarding whose network they plan to rent for the next 10 years is overdue? But I am of the opinion Comcast will want closer ties to a cable infrastructure.

Hopes for a sky / Bt merger / tie up is probably the most desperate and unlikely thing I have ever read on this board. The much bigger question is why Bt would hand over responsibility for advertising revenue to a sky company? & what were they thinking off & are they now accepting junior partner status. As I’ve said before, biggest risk to BT is sky / Comcast which is a cable company wanting to use virgin media’s cable network for its services where it can & invest in that network where it can’t. Did sky sign that BT wholesale deal yet? They are supposed to commit to using openreach back in April?

Major concern of mine around some of this detail.

IP3LY - I guess it depends how good your source is, it would surprise me...... But then again virgin mobile is still moving to Vodafone ? It looks confused

I was going to opt for £4.6bln. If it is, j’d like to see a rethink for the current deficit plan & have bit more money for other things.

Cricky really. It was thought to be 1.1bln end of March

C3PO - by what measure of efficient? Some of the news coming out of America where 5G is being used for fixed broadband is its too expensive.

It’s getting closer to the triennial pension estimate. We know it had fallen before end of March.. does Covid make it worse?

What do people think about guessing the deficit ?

Who is it that’s convinced people statues are history? The whole country seems to be under some kind of propaganda trance. Yes statues can be born from historical events, but equally with enough money someone could easily commission a statue which has very little to do with history, in fact entirely misrepresent history. Therefore statues do not necessarily, faithfully try and represent a faithful view of history, ergo..... statues are ALL statues are history & removing any statue does not erase history...... that would be book burning, or in the case of Hannan today writing a column explaining Hitler was left wing?. Ummmm, now that’s rewriting history. (Just saying, it’s an easy trap to fall into, there’s much more important lies to believe)

NDN You’re right I shouldn’t have mentioned it. How do you delete (from board & thought)

Let’s not start talking about dodgy account & BT in the same breath please.... as if BT has the moral high ground.

Articles value bt between 25 to 38bln. Less debt

Interesting news. I’m wondering if this interest might me turned into a capital investment looking for ongoing reliable revenue / income?

Sorry toff

Tiff,

I think their profit is after paying down dept, pension & everything else.

No dividends leaves money to invest, lower dividends still leaves money to in invest

Raising money for those tasks involved lots of money, would. Not be worth raising hundreds of millions. The dilution would work out badly even with a SP at £1.50. If that’s also discounted, would never recover.

When talking about investing in their network, I think people sometimes forget “how quickly” money can be spent. Currently I think BT makes more money then they could spend per year, so on that basis unless there’s a decline of income, full fibre is already funded..... to a point, sure there will be A bit of borrowing

I doubt it’s possible to spend much more than say 3 - 4 billion pounds a year? On upgrades is it?