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At what point does your market share prevent you making bullish comments about your willingness to compete? Last time I looked BT had mid 30 s percent and Virgin had mid 20s.

Talk is cheap , if everything this and other CEOs said came true I dare say we’d all be better off.

I did the same and have just received a response that acknowledges that OFCOM is by no means perfect. I hope that if the rumoured departure of the CEO is true and is put down to frustration with continual OFCOM interference we may see a change in their behaviour. Time will tell.

Excellent balance article ,thanks for posting. Lots of mainstream journalists should take a lead on how to report on this topic in an even handed way.

Thanks wetherboy, not a great difference between Schuler’s comments on altnet consolidation and deep questions about altnet’s sustainability and Jansens’s statement about things ending in tears.
Looks like OFCOM has selective hearing when CEOs make comments about the market.

Fleccy, it’s in yesterday’s Telegraph just search “Virgin media in talks” most of it is posted below.

Letter off to MP too.

Arees, you may be right but we will only know if the SP stays down for the next couple of weeks . Only time will tell ,daily prices don’t mean much.

Reckless ? CEO of company with 33% ( hardly a monopoly) market share overstates the strength of his company and its ability to beat the competition . If Statements from BT CEOs were really that meaningful the share price would have been talked up to £10 instead of £1.40. This is all so much froth. If only Jansen’s aspirational comments did all magically translate into reality then the OFCOM words may make sense but long term shareholders know only too well what they forecast and what they do are often two very different things.

Interesting, I’ve never understood quite what OFCOM expects of BT . It’s OK for altnet backers with deep pockets to fund their roll outs with cheap money but somehow wrong for BT to say that they’ll vigorously compete for business. Can we expect BT to receive compensation if they lose share to Altnets? Of course not .It seems like governments expect BT to lead as the largest supplier but not expect to receive the benefits that should accrue from their massive investment. If BT decided to opt out and sell the business government would interfere as it’s a strategic asset. Does BT have any route to establish some independence? It appears not. Is there any other business in the UK subject to so much interference?

In the case of Motley…….Fool is the most appropriate part of the name.

Barclays target 230 Numis target 115.

Two major banks valuing the company running a large slice of the nations communications infrastructure differently isn’t a surprise doing so by a factor of two is mystifying.

I wonder why our financial press don’t do some in depth analysis on how these huge differences happen and whether there are any dodgy reasons behind them.

Probably because they’re all complicit in fudging the facts for the retail investors.

yes that's possible......this is the souce of the 220000

https://www.ispreview.co.uk/index.php/2022/05/full-fibre-uk-isp-trooli-grows-coverage-to-220000-premises.html

and re reading it I'd admit its a bit ambiguous

I’ve read they’ve got around 200000 connections . If those are valued at only £100 million it doesn’t bode well for Openreach’s value for 9.2 million users. Or am I missing the point?

Thanks Entreprenante….good advice to ignore in future.

Odd looking trade numbers on the summary today £51 m sells and £9 m buys but the price doesn’t move. Always wonder how accurate these numbers are on this site.Anyone throw any light on how accurate or not the trade numbers are?

Another non UK entity seeing value in UK telecoms that UK markets don’t see.

In a nutshell the protest against Equinox seems to be summarised as .” It’s not fair that we can’t charge customers more than we planned to “ .
Using the argument that Equinox is anti competitive when it’s encouraging everyone to move to lower customer pricing is weird.

You’re right it’s a mixed bag. Share price has declined and has done badly since the Italy accounting scandal which had a bigger impact than the numbers called for. Debt is affordable and as fleccy often points out is one third lease obligations reported outside of debt in some other listed companies. DT holds 12% and shows no sign of selling Drahi has bought 18 % and says it’s undervalued so apparent confidence in owners of a third of the equity. PE is about 8 against FTSE 100 av of 15+. business and consumers can’t live without internet and BT is the leading supplier of the means of access. Present market cap no bigger in real terms than what was paid for EE a few years back. Hmmmmmm indeed ,Why is it priced so low ? Who knows where will it be in a couple of years when it’s cost reduction programmes and the end of the fibre roll out doubles profits and FCF ? You pays your money and takes your choice…… I’m holding on.

Sunday Times Business section todays reports that altnet Trooli are sounding out potential buyers. Another good sign that the altnets are under pressure.

Thanks for the Morningstar link. Hopefully early signs of a change to attitude on BT. Still video sold short for two reasons I think. They mentioned the debt but didn’t mention Fleccy’s oft mentioned lease obligation in the debt. They also reckon the economic moat is narrow,I disagree and think the altnets huge investments to get a small market share are demonstrating that the BT moat is significant.