Member Info for smasher

If you think it's such a Bad Company what the hell are you doing still here as I keep hearing same old same old . Sell this so called crap company and move your investment to one that is more in tune with your investments strategy . Why would anyone still hold after lambasting the company so much as it makes absolutely no sense to do so ,why wait for a spike to sell out when I can move on to other companies many many months ago and hopefully recoup any lost money in here.. what does it matter what this rns is saying as you have known for a long time before this as I keep hearing over and over again . Nobody keeps money in a company if they believe it will never come good. If the deep wells come good over this year then I've made a lot of money it's that simple and if not I move on without all the crap slinging as that just eats you away . You win some you lose some,welcome to investing across the market.

Interesting that they have split my buy up

Should be a 32166 buy.

Little top up coming for my daughter.

About the longest the company have ever been on releasing any news , let's hope the next is a cracking one.

Forget the government or ofcom saying we will split you up, the simple fact and it is fact they can't by law do it. It's BT that have gone a long way to cover ground with ofcom and they want more so let them try in court because as stated by BT they have no power to do so under European law. I'm not saying down the line it won't happen and it could be a good thing but this is not that time.

You keep forgetting we are a private company as the government sold it to you and me and that was 30 years ago and they are still sticking wanting a say in it, like I said it is not a monopoly anymore those days have long passed us by. The government opened up the communication sector with the likes of NTL / Telewest/ Cable and wireless and Virgin and so on and restrictions on BT pricing made to allow competition in this country , billions spent by these companies on new duct and networks over many many years and huge subsidies by the government to progress it. BT was way behind some of these companies because of there old network yet what has happened to those companies of which I've mentioned only a few. Virgin has its own network yet hasn't got all out around the country so you must ask yourself why is that the case, why hasn't TT built it's own network . For 30 years since the government decided to get shot of BT they have been putting duct into every new house that's been built or almost all and it wasn't public money we are talking millions of homes . And another thing people tend to forget that while we had restrictions put on us bt had to provide lines to customers by law in remote places while TT Virgin and the rest could turn there backs and walk away as the costs outweigh the benefit to the company . No at this moment it would be disastrous for this countryand Ofcom know it as well and it opens up a can of worms far beyond just BT.

Fantastic post and very true. Post recommended.

Yes but any other providers including TT could apply for that it wasn't just given to BT and how much have bt invested in it many billions of pounds mate many. You fail to mention that when all the footpaths was being ripped up by ntl/telewest which virgin then took over they was being subsidised massively by the government also as you say public money. Hmmmm. We could go around forever as that just doesn't wash . And here is the big crunch mate was the fact there is no other company that can do the work required in the time frame lay down by ofcom/ government.

Funding from the government are you taking the p... or what. Jmo come back mate at least we can have a good conversation and at least I agree with some of your rant haha Tony Blair.

Pacemaker calm down mate, we are all here to discuss the telecommunications sector as a whole and we all have valid points to make. I'm invested with BT and have invested in TT in the past and will do so again . We are all here to make money and I've done extremely well out of both and I'm sure many others have in both companies. Yes I agree bt was a monopoly 30 years ago but them days have long long gone and in that time BT have spent tens of billions of pounds on the network and have been restricted on many fronts to let the competition get a foot hold in . The problem is no other companies apart from BT will invest billions to bring bb to your house especially with what's happening at the moment and if they do companies can take the contract from the said company within 12 to 18 months. To hive of openreach will not happen for many many years as one of my posts below with a link just tells a part of the complexity of it . The the biggest problem is the pensions and i hold my hands up as yesterday I was wrong as I it would not be just the 280 thousand in the scheme but also the many pensions institutions are tried to the country's largest private scheme as well. Ofcom cannot force BT to legally separate under European law and has never been done before so what can ofcom can in all honesty do very very little. As I said to Jmo openreach one-day will possibly go it's separate way but now is not the time . Another problem could be that if it was to happen surely it affects the profit for the rest of BT so does that mean they can carry on with its TV package as in compete with sky as BT will then say they have complete dominance as before. Like I said it opens up a can of worms. Ofcom have over stepped the mark as what happens if it goes tits up pensions wise and it could do, they are playing with hundreds of thousands of people's pensions (would there be a crown guarantee in place ) I don't think so as it would be separated from BT. Is it legal that Ofcom can hold that much power to affect so many people's lives. If ofcom get it wrong the consequences of staggering and they do get things wrong.

That's the big problem as you say they can't just port over to due to the pensions / crown guarantee , if not part of BT then what happens to the pensions affecting the crown agreements. We are not talking just the 33500 that would go across we are talking people that started with bt then have come across to openreach and then over to the new provider even the unions say it just could not happen due to the complexity of it and that's just the start mate. Anyway mate it will all come out in the wash and all we can do is sit back and watch it unfold . If openreach did become a separate company can you imagine the share price as far as I'm aware it's by far the most profitable part of BT. I was just reading this mate about BT. BT’s chief executive Gavin Patterson has said EU regulations mean it cannot be forced to break up with Openreach, the broadband network it controls, as it unveiled a boost in sales and profits. “Last time I looked we were still part of the EU,” he said. “After taking a lot of legal advice, there’s nothing in the European framework mechanism that would allow a forced separation of any company in telecoms. Let's see what happens mate atb smasher.

And your point being if BT fail to invest are TT OR sky going to put there hand in and start paying towards the infrastructure as they have had the opportunity since 2009 when bt opened up the network. Investment will drop if it is split up its that simple as the cost to do so would be massive and that's why it will not happen for a very long time, we are also talking about over 280 thousands pensions so the risk would be massive for the government under the crown agreements. BT could very well go to court and like the article says it could take up to ten years and still go against ofcom as it's never been done before. It opens up a can of worms to say the least. As for opening up exchanges yes as long as TT and Sky pay there fare share but again it costs many many millions to keep this exchanges secure and running even you must admit it would be chaos. At this moment in time mate it is not going to happen as 32500 people work for openreach so the cost is just to great as well as the pension debate and you have 280000 people either drawing of putting into the pension so a massive minefield then put the crown agreements on top as well it would take many years to sort out. Please don't get me wrong as I do believe one day it might be separated which could well benefit the telecommunications sector but now is not the time. Whichever way it goes mate all the best to you.

Bad news for bt and talktalk don't you agree as it could take up to 10 years to sort that out ,bloody bad news for customers all round . Is this what Dido harding wants for here customers and she runs the company for god sake. Again just my opinion but could she please explain why this will be good for TT if BT restrict its investment in the UK. It will affect us all .

http://www.google.co.uk/url?sa=t&source=web&cd=16&cad=rja&uact=8&ved=0ahUKEwj6geCWiM7QAhXjAsAKHfPBA5UQqOcBCEYwDw&url=http%3A%2F%2Fwww.telegraph.co.uk%2Fbusiness%2F2016%2F11%2F29%2Fbts-divorce-openreach-heads-brussels-ofcom-loses-patience%2F&usg=AFQjCNGc62qIgRTt0EXw8PtkKc6R5U9-ew&sig2=-zm3asdQXlXE42DRwamCtg

Not a full separation at all. What I don't get is even in the report it says investment in bb could be hit by this so could Dido harding explain how this will benefit TT customers by better service if BT reduce its investment which it would have to. It's OK saying bt this and bt that but what has she done to rectify the problem looking forward could just have done a lot more harm than good . What other companies in the UK was about to invest 6 billion pounds in ftts over 3 years. Let's face it TT are just about keeping there heads above the water in my eye's. I personally think this is going to come back and bite TT in the .... just my opinion

Don't know what's gone wrong with that post .

Feel sorry for these great companies being destroyed by a few people that line their own pockets. The problem is that bt will now invest a lot lot less in bb which will affect TT massively and the prices are going to go up for sure that if it's a full separation which I don't think it is as how do you work out the pension under the crown guaranteed and I think 20000 workforce plus the cost to have all vans changed plus IT we are talking hundreds and hundreds of millions if not into the billions and who picks up the bill . The knock on affect is a massive decrease in investment across the country in bb as BT have already stated that would be the case . Dido harding has shot herself in the foot if that's the case. Just say for instance that TT have said to a customer they can come on to there services,but have no line at the moment and the nearest box is 70 metres away in tarmac is TT now going to pay £3500 to bring them onto their services I think not so now what happens as why would openreach pay knowing they will never get their money back but TT would get all the benefits just think about that for a second and see where that is heading . Either TalkTalk pay up all the customer doesn't get services.

Sorry must put that they are not small projects either.if they are laying duct across the whole of York the cost is phenomenal , even if they are using the BT duct and just laying from junction box to house again the cost is very high indeed and you have to remember most people don't want their driveways or garden's ripped up "ie" tarmac imprinted concrete or block paving to put the service in. OK BT can get around some with poles but have the same problem as well.

So up to 1800 homes in York, so you could double that and still get nowhere near the expected take up of between 6 and 8 thousand homes for the first phase and at what cost to install it and is that the point of break even for TalkTalk on that phase. I guess bt can have same problems but they pay to have duct put to new houses . Hard for any company to get the take-up correct on projects.