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BTGOF / BT Openreach altnet rival Zzoomm reportedly slashes workforce in half

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-fibre broadband provider. Zzoomm aimed to cover one million premises across 85 UK towns with its FTTP network by the end of 2025. Read More

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BTGOF

Posted: May 2 2023, 09:01

Author Name: Proactive Investors

BTGOF News

By Proactive Investors
October 27, 2023

BT Group interims set to be mixed bag

Half-year results from BT Group PLC (LSE:BT.A) on Thursday 2 November are not expected by City analysts to be anything to call home about, as indicate

By Seeking Alpha
September 23, 2023

BT Group: Shares Back In The Doldrums But Remain Cheap

BT shares have turned sharply lower since around April. No stranger to disappointment, in this case there is little to grumble about operationally. Co

By Invezz
July 31, 2023

BT Group says Allison Kirkby will replace Philip Jansen as the CEO

Shares of BT Group (LON: BT.A) are in the red today after the telecom giant named Allison Kirkby its next Chief Executive Officer. Kirkby will join BT

By CNBC
July 31, 2023

Telecoms giant BT Group appoints Allison Kirkby as CEO

By Proactive Investors
July 7, 2023

BT Group 'top pick' for one US investment bank ahead of results

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 re

By Proactive Investors
June 27, 2023

BT Group needs to slash dividend as debt mounts, cash flow shrinks

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 warne

By Proactive Investors
May 23, 2023

Patrick Drahi may be stake building at BT, but he's yet to exert his influence

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 spok

By Proactive Investors
May 22, 2023

BT Group offers 'deep value', says leading US bank

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

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