BT Forecasts Revenue Declines as Openreach Upgrade Nears End
BT Group Plc forecast declining revenues for 2027 that missed analyst estimates, as Chief Executive Officer Allison Kirkby aims to stem broadband losses and faces stiff competition.
BT Group ramps up cost cutting
- BT plans to cut costs by a further £700m over next four years Yorkshire Post —
- BT targets £3.7bn of savings by 2030 to win back investors The Times —
- BT loses more than 800,000 broadband customers in a year as telecoms giant unveils new cost-saving plan The Independent —
- BT warns of smartphone price rises due to chip shortages from AI boom The Guardian —
- BT overhauls dividend policy as it vows ‘enhanced distributions’ for shareholders City AM —