Share price, Openreach, and takeover10 Dec 2021 21:40
OK. I rarely post anything on this website but I do read regularly. So, a few things from someone working in BT IT for many years...
There is an enormous amount of "sensitive" information held on BT systems... private circuits (as in, Military etc) which nobody employed by BT but a few (I was one).... Will EVER be allowed access.
Openreach appears to have a value! What, exactly, do Openreach own? Ducts, Cables, Fibre.... er, I think not! They are a division of BT that provide service but actually own nothing IMO!
BT share price is driven by return of investment and yearly dividend. OMG it's worth far more than the current price.... You just need to hang on in there.
Anyway, I doubt very much that anyone will be allowed to 'buy' BT. BUT.... Of all things, the most important and sensitive of thier IT systems has been outsourced to IBM.... so never say no to anything where money is concerned!!