RE: Why the recent drops?28 May 2026 18:05
800k lost connections in a year. Same the year before. Revenue now lower than before they bought EE in 2015. BT tied to cost-cutting to make numbers look good, but that is a vicious circle. The product, marketing, price and proposition machinery is too quiet and the resource is, too expensive to turn it around. The growth in dividend is a plea to investors to keep investing. There is an insane presumption in BT investment circles, and inside BT, that the company is entitled to expect dominance. Somehow it'll all come good, it's part of the plan. Never mind how telecoms is moving on. BT have called it for openreach fibre. A very monopolistic, traditional vision. Never mind altnets, SpaceX, mobile broadband and others. If they right, this will so a money tree. If are wrong, this is a giant new town with insufficient residents. The market needs to see the decline being halted.