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I had expectations that BT may feel inclined to contribute to this page at some point but in six years it hasn't happened

BT and the Premier League

BT Boss warns there are limits to what he will pay for Premier League games
By Matt Oliver For The Daily Mail Published: 21:51, 8 December 2017 | Updated: 21:51, 8 December 2017
BT IS bracing for a challenge to its Premier League broadcasting rights with boss Gavin Patterson warning there are mits to what he is willing to pay.
    In a marked change of tone to the last two auctions, the embattled chief executive has told investors the telecoms company is prepared for a situation in which it loses ground to another bidder in February.
    Liverpool FC fan Patterson previously spearheaded a multi-billion-pound raid on football TV rights that left rival Sky reeling, snatching a quarter of Premier League games and all of the Champions League. But as the next Premier League rights auction approaches, the 50-year-old is instead looking over his shoulder as speculation grows that US tech giants such as Amazon and Facebook may try to muscle in.
    At a conference in Barcelona, Patterson reportedly said he was prepared for a situation in which BT loses some of its football rights. However, he told investors: ‘we have a Plan B. We are never in a situation where it is existential for us.’
Insiders admit that the father-of-four’s room for manoeuvre has been reduced after BT took several financial hits this year.
    These include fines from regulators, a £500million accounting scandal in Italy and a 31 per cent drop in its share price.
Bosses are also trying to tackle a £14billion pension fund deficit, while pressure is mounting for the company to spend further billions on a major upgrade of the UK’s broadband network.
    The battle for football between BT and Sky has pushed prices up by almost 190 per cent since 2012, with the Premier League last selling the rights for £5.2billion in 2015.
Printable version .pdf Available here

Daily Mail 8 December 2017
 

The Italian Job Again - No Minis No Gold Bars This Time, Just Hard Cash  - My Cash!!

When share prices go up or down, I don't normally rush to make a calculation so I didn't when the BT price crashed when news of the BT Italian fraud broke. I have a fairly modest holding of BT shares mainly from the Company Share Save scheme in which we were encouraged to participate. Anyway I just did the calculation and Shock! Horror! I'm down £9567. I repeat £9567 who said Company fraud is Victimless?    Posted 25 July 17

 

BT is to bring its Indian Call Centres back home from India In a bid to improve its appalling customer service record. he telecoms giant is reversing a decision made in 2003 that was part of a wider trend by British Business to export call centres and tens of thousands of jobs. The 'U' turn means more than 80% of BT customer service will be answered in the UK by the end of 2016 and it intends to go further. It has created more than 1,000 new jobs to meet this target and plans to create hundreds more over the next year.  See Full report       Source Daily mail !9 September 2015

BT Board of Directors
Chairman:             Michael Rake, Replaced 2017, by Jan du Plessis
CEO:                    Gavin Patterson        gavin.e.patterson@bt.com
Group Finance:    Tony Chanmugam
Co. Secretary:      Dan Fitz

 

BT News

 

Extract from CEO Report 2015


“We will continue to deliver on our investments and improve the service we provide to our customers. This year we recruited 2,500 new engineers and more than 500 new agents into our UK contact centres, with over 500 new apprentices across the group. Each of our customer-facing lines of business made improvements in service this year. We have increased the speed of service delivery, repaired faults faster and fixed more customer issues first time. But we recognise we’re not yet where we want to be and this will continue to be a priority for us.

 

increased productivity and streamlined our processes.

“Our performance during the year is reflected in our full year dividend, which is up 14%. Our results and the investments we are making position us well for the future and enable us to increase our free cash flow outlook for the coming year.”

 

Proposed Full Year Dividend Up 14%

                2015     12.4p

                2014     10.9p

 

Dividend History

 

Dividends are normally paid twice a year, with final dividends paid in September, and interim dividends in February. From the 2015/16 tax year, shareholders who have dividends paid direct to bank or building society accounts are sent one consolidated dividend confirmation with our annual mailing in May, giving them all their BT dividend information for the previous year in one statement. Shareholders who receive dividends by cheque are sent a separate dividend confirmation with each dividend payment.

The most recent dividends details are:

 

 

 

BT's Big Ideas Down Under

Gavin Patterson CEO talks to the "Australian" about BT's Strategies for Asia 22nd May 2015

 

BT Today Magazine - Pensioners Loose Out in BT Drive to cut costs

On Wednesday 14 November 2012 I received my usual copy of BT Today (Pensioner Edition) and it was with some dismay that on page 21. I read that the Pensioner Edition would cease publication from this issue onwards, because it can no longer be funded. Does BT really need to make such meagre savings on the back of it’s pensioners? See A Point of View

 

Shareholder News

 

BT Regional Directors and Regional Board Members Details

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www.btplc.com/shareholders

BT Shop Offers

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BT today

http://www.btplc.com/BTToday/

                              

 

 

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