A decent Q1 performance despite the expected headwinds from cost-of-living pressure and cost inflation.
The group is clearly a fairly safe long-term buy and hold.
BT plans to shed more than 40% of staff by the end of the decade. In parallel it is further accelerating its FTTP deployment with high capex. But at the end of this phase EBITDA-capex could be multiplied by 2.5.
Speculation could also again reignite as Drahi’s empire (owning 24.5% of BT) is being shaken by corruption cases.

27 Jul 2023
A fairly safe long term buy and hold

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A fairly safe long term buy and hold
BT Group plc (BT.A:LON) | 201 1.6 0.4% | Mkt Cap: 20,018m
- Published:
27 Jul 2023 -
Author:
Jean-Michel Salvador -
Pages:
3 -
A decent Q1 performance despite the expected headwinds from cost-of-living pressure and cost inflation.
The group is clearly a fairly safe long-term buy and hold.
BT plans to shed more than 40% of staff by the end of the decade. In parallel it is further accelerating its FTTP deployment with high capex. But at the end of this phase EBITDA-capex could be multiplied by 2.5.
Speculation could also again reignite as Drahi’s empire (owning 24.5% of BT) is being shaken by corruption cases.