Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
He forgot to mention the stranglehold on BT by Ofcom over the last 30 years. Priiiiiiick
So interest rate rises over the last year have done what was expected of them.
Question is, Why did lse start BT at that low price on no movement of shares and no news to reduce the price. What in it for them ? Are they part of the black heart shorters league ?
Wonder what Patrick Drahi, is thinking about the SP, maybe wishing he hadn't bought or that he had the cash to buy more.
BT need to stop digging holes in the ground and shovelling money into it. And consolidate what they have now encouraging take up of fttp, better putting the money into sales than something there is no return on. Complete what is currently being worked on and cancel all other planned work. It's obvious that no one gives a toss about FTTP, for every 5 quid spent on it the company losses one 20p in share value.
Any time frame given for this ambulance chasers claim to run.
Allison Kirkby has been a non-executive director of BT for five years
LBL/SHUTTERSTOCK/REX
When Allison Kirkby formally takes charge of BT on Thursday, it will coincide with third-quarter results from Britain’s biggest telecoms company. With only a brief trading update expected and no call with City analysts scheduled, she is likely to be afforded five months before setting out her strategy at the group’s annual results presentation in May. In the meantime, though, the stakes are high. And rising.
Shares in the former state monopoly have fallen by more than 7 per cent over the past month, back towards the bottom of a range of 100p to 200p and weighed down by talk of a possible “rebase” and doubts over the group’s prospects. Meanwhile, hedge funds have begun to circle. The level of publicly disclosed “short” positions in
Its that great , That British institutions ignore and dont give a damn about it. BT. maybe the London stock exchange isn't the place for it.
Kirby quote: She considers that “something is broken” in the relationship between regulation and how operators are expected to achieve a fair return on investment. She considers that it is “not sustainable” for traffic to continue to grow at exponential rates while too many companies driving the traffic “don’t have to contribute anything”.
The full article : https://www.telcotitans.com/btwatch/deep-dive-kirkbys-bt-reign-set-to-bring-new-partners-new-purpose-and-stupid-questions/7043.article
Bt's pension deficit : much of that can be atributed to the theft by BT itself, who used it to subsidise the payoffs to it's workforce. I thought that after Maxwell Pensions were safe from companies using it for their own ends. Seems Not. The directors at the time should be made to pay back as much as they have and the pensioners in receipt of their 6 years extra should have that deducted now before any more payments.
A very bright future for BT. It doesn't require a takeover. 5 years from now A share price of £7 and a Divi or 34p
The Pension deficit gone, 35 years ago hoards of employees took early release age 50 plus with a 6 year enhancement. How old are they now? or in another 5 years. The FTTP finished, Capital expenditure the lowest it will ever have been. Repayment of debt easily handled. The worst thing that can happen is a takeover and we all have to give up our shares next year, for a fraction of what they will be worth . A Prosperous and Happy New Year to you all.
Surprised that there was nothing but a knee jerk reaction to the Saudi news. and then even more to see it fade away. Must be nothing in it. but then again, You need more than one bidder at an auction or its almost given away for free. More Bidders Required. ................
The best thing about the pension news is its out. I believe its good news but there's always some dealer with an agenda who will negate it. Let see what happens in the next hour.
Will be the end of the btinternet.com email when we're all shoved to EE. Or will we be forced to pay a monthly fee to keep it. As I believe was / is the case when one moves to another company. ??
The one thing you can be sure of is, If the UK government interfere on the pretence of competition and fairness. It will simply mean a leg up to their mates in fledgling business to cream off what succeful businees's have already established. BT for instance had to supply 3rd parties with their well established lines at a cheaper rate. royal mail had to post competitors letters for them at a cheaper rate. and what has happened. Nightmare for the business the employees and dearer services than would be otherwise for the customer.
These figures only make sense if a heil of a lot of pensioners passed on and someone ran away with £10bn. Or ?
30 June 2022 interim assessment
Assets £46,900m Liabilities £51,276m Shortfall £4,376m Funding level 91%
30 June 2021 interim assessment
Assets £57,280m Liabilities £61,330m Shortfall £4,050m Funding level 93%
30 June 2020 actuarial valuation
Assets £57,493m Liabilities £65,471m Shortfall £7,978m Funding level 88%
Same here Rooofer61 : Halifax reinvested my ISA divi at the highest price possible. 118.40 at best 10:03.
I Don't believe a Bid is dead.
https://totaltele.com/vodafone-and-altice-begin-german-fibre-rollout-through-new-joint-venture/
Drahi believs in the future of BT The future is FTTP and the above link shows that. The reorganising of his companies and finances is like to be able to Bid for BT. I'd always thought he'd do it by Xmas. not sure if he could squeeze that in now. I'd say that a Drahi Bid looks far more likely now than not with his restructuring.
S.O.M. An edit so I can agree with your statement 100 % ( first sentence removed )
Unsustainable head count. Huge debt. Huge pension liabilities. Inability to react fast. Inability to innovate fast. Inability to integrate. Rotten, greasy pole culture. (far too many management layers and people appointed to management without any real talent. Simply appointed by their patrons to protect their backs). Same applies to engineers and call centres. More databases than a lump of meat with maggots on it. No visionary CEO. A lacklustre BoD. No need for me to go on and on and on, like you divi reinvestment guys
LONDON, Sept 5 (Reuters) - Britain's BT stopped selling new voice copper telephone lines on its Openreach national network after more than a century, marking a milestone in its journey to a full fibre digital network.
BT in 2017 signalled its intention to retire the copper-based public switched telephone network (PSTN) by the end of 2025.
"As part of this whole process, we're now taking the significant step of ending the sale of new analogue services across the UK," Openreach said in a blog post on Tuesday.
"That means from today, when customers sign up for a new contract - or when they switch, upgrade or re-grade their service via their provider - they'll be moved onto a new digital line rather than an analogue one."
Any new service whether copper exist will be fibre and if fibre doesn't exist to the premisses the customer will have to pay for it or something towards it. People and business are moving house all the time. What a leg up for Openreach/ BT