RE: BT- Potential takeover in future!27 Jul 2022 10:12
Just to add a further thought on BT’s outlook……
The divisions that sell services to business (Global and Enterprise) are currently navigating a massive technological change, as the old MPLS services get removed by customers and replaced by the internet.
MPLS was a huge revenue and profit driver for both divisions and the fact that they have found replacement services to sell, speaks strongly. Unsurprisingly, neither division’s performance has shone over the last few years, but to remain profitable against these headwinds (MPLS and PSTN decline) is a great result.
Now the outlook must be strong. The main pain has happened and these divisions have re-based themselves on newer technology offerings.