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At Close: Jun 03, 2026
BT job cuts a hex on long-term competitiveness
08:03am, Friday, 07'th Jul 2023
BT Group PLC (LSE:BT.A)'s plans to reduce its 2,900-strong workforce at its Adastral research and development centre in Suffolk is exposes a shortsightedness that could harm the telecoms giant's long-
BT Group 'top pick' for one US investment bank ahead of results
06:36am, Friday, 07'th Jul 2023
BT Group PLC (LSE:BT.A) was selected as "top pick" by Citigroup's telecoms analysts ahead of first-quarter results later this month, helped by its recent big price hikes. Forecasts for the FTSE 100 g
BT Group needs to slash dividend as debt mounts, cash flow shrinks
06:32am, Tuesday, 27'th Jun 2023
BT Group PLC (LSE:BT.A) is facing pressures on its free cash flow that are creating risks that it will have to cut its dividend in half, UBS has warned. "We think the market has underestimated the imp
BT still faces fibre roll out uncertainty says Deutsche Bank
11:13am, Tuesday, 20'th Jun 2023
BT Group has had its price target trimmed by Deutsche Bank, which says there are still major uncertainties over how the fibre roll-out will turn out. Shares have done well year-to-date, the bank adds,
How To Avoid Dividend Traps With Excessive Debts
12:48pm, Tuesday, 30'th May 2023
There are many reasons why “dividend traps” cut or suspend their dividends, but one common reason is that they have too much debt. The main risk that comes with having too much debt is that the in
Patrick Drahi may be stake building at BT, but he's yet to exert his influence
10:31am, Tuesday, 23'rd May 2023
Patrick Drahi hasn't requested a seat in the boardroom at BT just yet, and it may be a few years until he really starts to flex his muscles. A BT spokesperson confirmed that the French/Israeli billion
BT Group offers 'deep value', says leading US bank
11:18am, Monday, 22'nd May 2023
BT Group PLC (LSE:BT.A) received some support for its strategy of rolling out fibre to the home as quickly as possible. Citi said the approach is the correct one even if it temporarily derails the tel
British telecom giant BT Group to cut over 40% of its workforce
11:31am, Thursday, 18'th May 2023
BT Group (LON: BT.A) is in focus today after announcing plans of lowering its headcount by more than 40% by the end of this decade. BT to cut about 55,000 jobs in total On Thursday, the British multin
Job cuts rocket as companies look to shave costs
10:37am, Thursday, 18'th May 2023
Telecom giant BT Group PLC (LSE:BT.A) will be cutting 40% of its workforce by 2030 as 55,000 workers face losing their jobs. “BT is focusing on digitisation and integrating AI, a shift which is like
UK telecom company BT plans to shed up to 55,000 jobs, replace some with AI
10:19am, Thursday, 18'th May 2023
U.K. telecom company BT Group said Thursday that it plans to shed up to 55,000 jobs by the end of the decade and replace some of them with artificial intelligence, as part of an overhaul aimed at slim
BT Group: Stagnation To Continue
10:20am, Wednesday, 10'th May 2023
BT Group plc is a UK-based communications company that provides a range of services across the world. Revenue has been flat across the last 20 years, despite efforts to reinvigorate the business.
BT Openreach altnet rival Zzoomm reportedly slashes workforce in half
09:01am, Tuesday, 02'nd May 2023
BT Group PLC (LSE:BT.A) altnet rival Zzoomm is reportedly laying off half of its workforce, amounting to around 300 engineers and office workers, in a sign of trouble for the Oxfordshire-based full-fi
BT to get £700mln tailwind from recent price rises suggests broker
09:19am, Thursday, 20'th Apr 2023
BT fans need to be careful of getting ahead of themselves, according to Jefferies, which though a buyer says the telco still has plenty of challenges ahead. Shares are up by 40% year-to-date, buoyed b
Euro zone inflation eased in March: three European stocks to buy
11:38am, Friday, 31'st Mar 2023
European stocks ended in the green today after the region's statistical office said consumer prices eased significantly in March. Economist Allen-Reynolds reacts to today's economic data On Friday, Eu
BT extends relationship with Amazon Web Services, 'sensible' say analysts
09:29am, Wednesday, 29'th Mar 2023
BT Group PLC (LSE:BT.A) is targeting a US$500mln revenue boost from an internet-of-things (IoT) deal with Amazon Web Services (AWS), extending its relationship with the cloud arm of the US tech giant
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