RE: fleecy3 Nov 2022 21:46
Fleccy I’m sure that 75% of the Telereal estate is due to close and be sold off from 2026 onwards with BT receiving 50% of the profit per sale per 4,500 prime site buildings and associated grounds and car parks… that’s a huge amount of free money coming BT’s way as well as recovery of plenty of the copper in the ground.
Patience is a virtue but so is wisdom. The clues are there with the future of BT 2025 onwards.
It’s not hard to see why the markets take negative views of the company when the biggest banks and hedge funds in Europe and the US are throwing billions at the FTTP projects of various altnets that are doomed to fail in the majority. It’s in their interest at the moment, but I think that will change with today’s news of a 2 year recession. I think some of those hedge funds will pull the plug in the next few months and BT OR as the preferred OFCOM supplier will once again clear up the mess of upstart interlopers as they have in the past.