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Talking data fraud. We now have the ex ceo of talk talk who had a massive data breach a few years ago on her watch running the track and trace setup. Obviously didn't affect Dido s job prospects. Having said that it's still a f.. K up
Lostsoul1 it's basically any fibres that are in the network but are not being used by bt could be handed to a competitor by ofcom as its not earmarked by bt for future use. A bit like any empty floor space in the exchange was handed over to competitors in the 90s. It could only happen in Britain
Fleccy you say bt have spare fibres in the network already and therefore can roll out fttp more cheaply and quicker than others. That's where ofcom enter from off stage and tell bt to give the fibres to the others for a pittance so they can exploit the fact they are dormant. The only way bt will ever blossom is if ofcom are stood down but given they are making big saleries for doing very little and have the government in their corner can't see that happening. Ofcom have stiffled investment in telecoms for 20 years and will continue to do so. Just seen an advert by talk talk leeches that says their bb is faster than bts. Given that all their bb runs over bt network how are they allowed to say that..... because ofcom don't call them out.
Why would anyone takeover BT when it is already being run by ofcom for all the leeches benefit and that won't change. It may be privately owned but the government are still calling the shots. There will be no takeover and the big players know that which is why the sp will drift quickly back to a pound.
Seems to me that many of the stocks traded at the moment are being treated like bit coin. TUI IAG JDW for example. They don't have viable businesses and yet their sp s continue to rise. The bit coin mentality creates bubbles that will eventually burst and the computers won't be able to off load fast enough. The boiler house boys have been replaced by algos and the sheep are in tow.
BT are actually recruiting at the moment and some old colleagues who want to retire have been asked to stay on so doubt there will be job losses. Find it amazing that sp goes down just because the holiday industry is screwed.
Aus you are probably right as Ericssons are a long time supplier to BT and are still in the game. Their equipment is not as advanced as Huawei but no doubt they will be putting the pedal to the metal now they can pick up the UK business
As a matter of interest who going to supply the 5g kit now we dont trade with Huawei . Maybe the conservative mps who have been howling for Huawei to be excluded can tell us as no doubt those companies will be in their portfolio. The fact it will cost substantially more and take longer to roll out seems to me to be a loss loss situation.
Well system x and axe 10 exchanges which are both about 30 years old are still in service. They are both well passed their sell by dates but with mobile carrying the majority of call traffic I don't know if it really matters. BT were going to put all the calls down the internet at one time but the software failed and it was abandoned .
The over regulation, health and safety work place standards and relatively high wages does not make Britain an attractive manufacturing base for any company. The fact we dont have access to the eu market now has made that position even worse. Makes far more sense to manufacture in foreign sweatshops with little or no regulation low wages and a workforce with low expectations. We do still produce a lot of our own food but can't even get our people to harvest it such is the attitude to that kind of work. We are caught in a bubble of our own making where seeking out pleasure trumps all.
Fact is BT had never manufactured it's own equipment. Siemens 16 strowger crossbar system x axe10 foreign manufacture or GEC Plessey. BT only ever took part in the R&D. GEC and Plessey lost there manufacturing ability long ago so we are dependant on USA and China for our kit. Nokia still manufacture but not sure if they are competitive .
While fibre networks are important where large volumes of data are involved between nodes and backhaul as far as the average customer is concerned 5g / 6g is the future. Fttp is not necessary and way too expensive. Ploughing more investment into fibre is a mistake unless the copper network is to be recovered to help pay for it. Even then 5g is far more efficient and attractive to most users.
Even Barclays have overtaken bt now. At least they still have a business unlike ba and jdw who are up by 8 and 3 % respectively. It's no good talking logic when it comes to the stock market tho. Just got to run with the pack to make money.
There are a few major differences between bt and 02/virgin. Bt is running a massive pension scheme with big liabilities. Ofcom treat bt as though it is responsible for providing other networks with their infrastructure. 90% of the British public hate bt just because it's called bt and they feel they should. Sentiment in the stock market is everything value means nothing until it is sold.
Just seen the upside to the loss of the dividend. When the share pays 10p dividend it usually drops at least 20p the same day sometimes much more. Do you think the market will still drop the share on what would have been the xd date just for old times sake.
Difficult to a reason to hold this share now. Suspect many will feel the same . Having said that investors seem to see value in companies that don't have a business anymore like BA and Weatherspoons. The dividend usually pays for my holidays and given we can't go on holiday this year I suppose it's not such a big deal.
The way I read that is premier league to lose millions not sky and BT . If they can't provide the goods then bt and sky don't pay. They are in breach of contract. On a different note another prime example of fund managers blinkered approach to the stock market this morning . Iag up 7% when they have no business only liabilities I.e. their planes parked on runways costing them thousands soon no doubt to be moved to the desert where it's free to park . Bt up a pathetic 2% on a ridiculously low sp who are running a strong robust profitable business . The investment bods should be flocking to buy into a safe haven not gambling on a dead duck.