Member Info for NDNIC00

Fleccy. The figures relate to the formal review in 2020 ( next due 2023 ) so one has to assume that they are estimates based on the actual deficit.
GLA…

For those interested, the latest info on the pension deficit, received today in post. 30 June 2020 the fund was estimated to be 88% funded, assessment on 30 June 2021 the estimate had risen to 93%. That is from £7978 million down to £4050 million. This was down to payments by BT and better returns from the schemes assets.
All looking good, another nail in the coffin of those using the pension to bash BT…

If you consider it that much of a dog, it probably will never reach 220 will it …

“ 3%- this is better than the 2.9% the BT Pensioners will be getting at the end of this month .“
Section A&B will receive 3.1% and section C 5%…

The chances of strike action is very small, as I believe BP has pointed out recently, BT and the CWU do this dance every few years, and over much more contentious issues than a flat rate consolidated pay rise. Any member currently earning around £30k is getting a fair deal those earning less an even better one. Those earning over £40k it’s still a fair deal rewarding there skills at the higher end of non management staff, some of whom earn more than there manager dose.

“ the pension increases are capped at 5%, I believe. ”. That is correct for those in section C but not for section A and B. Extract from BTPS below.

Based on the rise in the Consumer
Prices Index (CPI) over the 12 months to September 2021, up to a maximum of 3% if you reached State Pension age before 6 April 2016

Based on the rise in the Consumer
Prices Index (CPI) over the 12 months to September 2021, with no maximum, if you reached State Pension age on or after
6 April 2016
GLA

All Fools Day…

See this article as positive news. PSTN will have to go to allow a full fibre UK, so there are now looking at solutions for the very small percentage of customers that the modernisation may affect in a detrimental way. For the rest VOIP will be no different from the users point of view. With respect to the power issue, we’ll I have recently bought a new TV and the remote is recharged via a USB power but it also has a sola panel to assist in charging when not in use by light in the room. I see no reason for this technology not to be used to keep a router going for emergency VOIP use if needed in a power off situation, let’s face it most people have a mobile or a neighbour who has one if a call needs to be made. For the rest I am sure a more resilient solution is easy to resolve, or they already have a backup solution if say they rely on power for say medical equipment…

F1. Starts again on Sunday…

Oh dear. I just knew it would happen. After the climb back after the turmoil of the last few weeks, all the na sayers vanished, they had nothing to talk about here, so off they went searching for new prey. So the first day that there is the slightest dip in the upward trend, they appear again. Oh what joy it must be to live in a world where negativity is your only driver…

Think this is about Ukraine rather than any one stock. As things settle down, hopefully sooner rather than later, markets will pick up. Things at present are very sad let’s hope a peaceful situation can soon be found…

Thinking out loud. Why would there be a need for a takeover of BT. Perhaps, just perhaps, people like , Drahi, see future value in the company and simply wish to have a stake in a share that is likely to increase in value over the coming years. Profits are expected to be good going forward, debt is well in hand, PTPS is covered with a payment plan, once FTTP is finished a vast reduction in costs relating to the network, slow reduction in engineering staff numbers going forward. Most investors in BT see it as a good long term investment, that is people like us who can see where the plan is taking the company, in relation to big investors we are nothing, but perhaps, just perhaps they see what we see. Is there really a need to take over something that is working just because someone can. If it ain’t broke don’t fix it…

At least that’s one less na sayer we will have to put up with. Bye…

This has been happening for years now, results made public SP falls. The company could make a £1b profit in a quarter, but the market will concentrate on the one customer it lost in that quarter.
Thing is, the SP over the last year has kept going up despite the MM manipulation on key dates. Those of us who understand the bigger plan, FTTP 5g etc, know the good days have returned and will continue in general terms for many years to come…

This may assist.
https://www.btps.co.uk/NewsDetail?a=48

ISPRevew. “ During the past quarter, VMO2’s network coverage was extended to another 89,000 premises (FTTP) and their internet access base added (net) +35,700 customers (down from +38.5k last quarter) to total 5,494,100. ”
So not a lot of demand for there fibre product, averaging 90000 premises a month having access month on month yet very little take up. As said at least 5 years behind the curve and a mix of 3 technologies for a very long time after BT will have converted, free of charge I suspect, over 95% of the county…

“ Schüler agrees that fibre is the future and is now laying it through Virgin’s existing cable ducts. He gives himself until 2028 to have the entire network on fibre.”
This implies converting there existing footprint, so expansion beyond it could not be until at least 2028. If that is the case then they are at least 5 years behind BT for a full national rollout…

Why do people keep on about selling off OR. The workforce keeps the country going, maintaining, building and controlling the UK telecoms network. Irrespective of who the supplier is, if it is transported over BTs local network, then OR look after it, generating income for BT and nobody else. So sell it off and all that future income is lost, from not just BT but from all the other service providers who use the network. It would be selling the family silver for a short term gain with a long term loss. On the other hand have say a 30% holding, keep OR in house, reduce costs and wait for the profit year on year to roll in after a full national FTTP rollout. No brainier…

Don’t panic Captain Mainwaring, Jones has fitted his bayonet !!!

Some cards were on some sort of lease from manufacture probably due to numbers and repair costs, talking about older kit, PDH, CWSS, DACS, ISDN2 . With reference to COSHH I was thinking more about the correct disposal of PCBs due to some of the materials used in them, even down to old stuff having lead solder etc, the costs could mean they are effectively worthless, but still have to be disposed of correctly. When you start to consider the costs, labour, transport, safe working, specialist equipment etc there may not be to much profit even in a large building. Sure each site will likely be surveyed and costed, some may well provide a profit but perhaps not to the extent we would like to think…