Member Info for scallywag3

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

Most likely. To make the Shares ISA more attractive, they will reduce the amount one can save in the Cash ISA.

I do exactly the same as Coronation. reinvest the divi's in the Isa but not in the ord a/c.

Looking at BT's https://www.bt.com/about/investors/financial-reporting-and-news/latest-consensus

It's does look challenging for when the SP will rise, I understand peoples dividend choices is their own, But not why some people get upset and annoyed over other people choice. weird.

and Good luck to you both.

" Pension pot evaporating in front of my eyes, even with good numbers going in every month."

The pension shortfall should be getting topped up by the government after all they guaranteed it.

BT should take them to court to claim future top ups and repay what BT had already put in.

NET Debt ZERO..

Interesting. Aplogies if it's been posted before.

https://news.artnet.com/art-world/patrick-drahi-dossier-1578556

A little bit more on what its about.

https://www.portugalresident.com/altice-telecoms-scandal-cost-portuguese-state-millions/

Drahi's reputation is NOT great by all accounts. It may well be his accumulation of shares in BT is deterring other from buying. Many stories in the media over the years show people in general, tarred with the same stick just by association. Banks for instance getting hammard just for allowing a single person doing business through them. companies far more aware of the problems One bank trying to cut loose Nigel Farridge for example. We could be better off if Drahi has to sell up. Drahi - Not the Messiah, but perhaps the Poison Chalice.

Incredible that someone can amass almost 25% of BT without the SP rising, in fact gone down. On that, I'm thinking that even if there was to be a bid for the company, it wouldn't much move the Share price as no one is slightly interested in BT. Unless of course they can buy it for a pound.

I agree with IP. Looking at her background, She will have nothing new to bring to the table. A predictable book worm following what's she's read. Is she in place due to her gender? possible. I remember BT promoting CA's. into Technical officer post C3, then giving them a brush to clean the stores depot. I hope I'm wrong. Not likely though.