News Release
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Promoting Competition and Investment in Fibre Networks: BT Regulatory Financial Reporting
Promoting competition and investment in fibre networks: BT Regulatory Financial Reporting Reporting requirements covering wholesale fixed telecoms markets 2021-26 CONSULTATION: Publication Date: 6 February 2020 Closing Date for Responses: 1 April 2020 2020 BT Regulatory Financial Reporting Consultation Contents Section 1. Overview 2 2. Introduction 4 3. Regulatory reporting remedies in the Wholesale Fixed Telecoms Market Review 10 4. Published performance schedules 15 5. Preparation and assurance requirements 51 6. Information provided to Ofcom 81 7. Proposed SMP condition, directions and legal tests 92 Annexes A1. Responding to this consultation 104 A2. Ofcom’s consultation principles 107 A3. Consultation coversheet 108 A4. Consultation questions 109 A5. Draft legal instruments 110 1 2020 BT Regulatory Financial Reporting Consultation 1. Overview 1.1 On 8 January 2020, we published the consultation for our Wholesale Fixed Telecoms Market Review (WFTMR)1. This document sets out our proposed regulatory financial reporting requirements on BT in these markets. BT’s regulatory reporting will be subject to these requirements from April 2021 for five years. 1.2 Because the WFTMR covers most wholesale fixed telecoms markets we regulate and will determine our regulatory approach for the next five years, we are taking the opportunity to conduct a more holistic review of BT’s reporting requirements. This will ensure they remain fit for purpose while making the published information more accessible and easier to understand. 1.3 Our proposals cover the preparation and presentation of information published by BT, and information provided privately to Ofcom. What we are proposing We are proposing to impose regulatory financial reporting requirements on BT which require the production of Regulatory Financial Statements (RFS). -
Anticipated Acquisition by BT Group Plc of EE Limited
Anticipated acquisition by BT Group plc of EE Limited Appendices and glossary Appendix A: Terms of reference and conduct of the inquiry Appendix B: Industry background Appendix C: Financial performance of companies Appendix D: Regulation Appendix E: Transaction and merger rationale Appendix F: Retail mobile Appendix G: Spectrum, capacity, and speed Appendix H: Fixed-mobile bundles Appendix I: Wholesale mobile: total foreclosure analysis Appendix J: Wholesale mobile: partial foreclosure analysis Appendix K: Mobile backhaul: input foreclosure Appendix L: Retail fixed broadband: Market A Appendix M: Retail broadband: superfast broadband Glossary APPENDIX A Terms of reference and conduct of the inquiry Terms of reference 1. In exercise of its duty under section 33(1) of the Enterprise Act 2002 (the Act) the Competition and Markets Authority (CMA) believes that it is or may be the case that: (a) arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation in that: (i) enterprises carried on by, or under the control of, BT Group plc will cease to be distinct from enterprises currently carried on by, or under the control of, EE Limited; and (ii) section 23(1)(b) of the Act is satisfied; and (b) the creation of that situation may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom (the UK) for goods or services, including the supply of: (i) wholesale access and call origination services to mobile virtual network operators; and (ii) fibre mobile backhaul services to mobile network operators. -
1 Claim No. CP-2018-000038 in the HIGH COURT of JUSTICE
Claim No. CP-2018-000038 IN THE HIGH COURT OF JUSTICE BUSINESS AND PROPERTY COURTS COMPETITION LIST (ChD) BETWEEN: - PHONES 4U LIMITED (In Administration) Claimant -and- (1) EE LIMITED (2) DEUTSCHE TELEKOM AG (3) ORANGE SA (4) VODAFONE LIMITED (5) VODAFONE GROUP PUBLIC LIMITED COMPANY (6) TELEFONICA UK LIMITED (7) TELEFÓNICA, S.A. (8) TELEFONICA EUROPE PLC Defendants PARTICULARS OF CLAIM A. INTRODUCTION AND SUMMARY Introduction 1. The Claimant (“P4U”) claims in respect of the Defendants’ collusive and/or anti- competitive conduct and/or breach of contract that caused loss and forced it into administration. The Defendants’ unlawful conduct caused P4U, one of the UK’s leading and last independent mobile phone retailers, to cease trading in September 2014. 2. It is inherent to the secretive nature of the Defendants’ unlawful conduct (as particularised herein) that P4U has incomplete information as to the precise content and timing of the unlawful agreements, understandings, concerted practices and instructions that it alleges. P4U relies on inferences that it contends should be drawn from the pleaded primary facts. P4U anticipates providing further and better particulars following disclosure. 06267-00001/10599764.1 1 3. In summary, P4U’s case is as follows: (a) P4U had a successful and profitable business selling the Defendants’ mobile network connections (“Connections”) as an independent retail intermediary. P4U was one of two main independent retail intermediaries for the supply and/or distribution of Connections in the UK. The other was Carphone Warehouse Limited (“CPW”). (b) P4U was particularly successful in selling Connections to young adults (customers aged between 16 and 25 years). -
“Tics Para La Mejora De La Competitividad Energética”
Guía de referencia “TICs para la mejora de la competitividad energética” Tendencias, Soluciones y 100 proveedores fundamentales M2M Tele pre se er nc t ia en C ta a D artCities Sm A M u orac o t b ió v o IT la n i o li m n C d - E a e d a e t n i i d z e f ó r a i i t c G c s i i o n ó e S s n ó g i m e I l c n o e a a c t T i e z r i r t l l t G i g a c i r e r é i l n e d t E t e s a V s m o s l e D i rt u c u í C h l a o e g u V d li n i z r a e t c i e ó n M t r a m S R e a l i d a a d d a A t u n e m Plataforma de empresas TIC para la mejora de la Eficiencia Energética Eficiencia la de mejora la para TIC empresas de Plataforma “TICs para la mejora de la competitividad energética” competitividad la de mejora la para “TICs Guía de referencia de Guía índice Prólogo 4 Perspectiva general: Eficiencia Energética 6 Impulso de las Admnistraciones Públicas 15 10 Principales tendencias en SmartEnergy 21 Soluciones Tecnológicas en 4 áreas 37 Empresas asociadas 49 Otros proveedores fundamentales 73 Red de colaboración institucional 75 Organismos y Enlaces de referencia 79 10 documentos de referencia 85 Misión, objetivos e iniciativas de enerTIC 87 > Ir a Indice Prólogo Inmersos en unos tiempos de grandes cambios y oportunidades, la Plataforma enerTIC, surge como un proyecto para generar sinergias, colaborar con otras organizaciones nacionales e internacionales, y contribuir al desarrollo del potencial de transformación de las Tecnologías de la Información y Comunicaciones en el ámbito de la eficiencia energética en España. -
Société, Information Et Nouvelles Technologies: Le Cas De La Grande
Société, information et nouvelles technologies : le cas de la Grande-Bretagne Jacqueline Colnel To cite this version: Jacqueline Colnel. Société, information et nouvelles technologies : le cas de la Grande-Bretagne. Sciences de l’information et de la communication. Université de la Sorbonne nouvelle - Paris III, 2009. Français. NNT : 2009PA030015. tel-01356701 HAL Id: tel-01356701 https://tel.archives-ouvertes.fr/tel-01356701 Submitted on 26 Aug 2016 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. UNIVERSITE SORBONNE NOUVELLE – PARIS 3 UFR du Monde Anglophone THESE DE DOCTORAT Discipline : Etudes du monde anglophone AUTEUR Jacqueline Colnel SOCIETE, INFORMATION ET NOUVELLES TECHNOLOGIES : LE CAS DE LA GRANDE-BRETAGNE Thèse dirigée par Monsieur Jean-Claude SERGEANT Soutenue le 14 février 2009 JURY : Mme Renée Dickason M. Michel Lemosse M. Michaël Palmer 1 REMERCIEMENTS Je remercie vivement Monsieur le Professeur Jean-Claude SERGEANT, mon directeur de thèse, qui a accepté de diriger mes recherches, m’a guidée et m’a prodigué ses précieux conseils avec bienveillance tout au long de ces années avec beaucoup de disponibilité. Mes remerciements vont aussi à ma famille et à mes amis qui m’ont beaucoup soutenue pendant cettre entreprise. -
Sustained Values 2007 BT’S Sustainability Opportunities, Challenges and Performance Introduction
Changing world: Sustained values 2007 BT’s sustainability opportunities, challenges and performance Introduction Enhanced communications – enabled by advanced technology – are supporting rapid globalisation and economic growth. Virtual markets, electronic commerce, broadband and mobile telecommunications are transforming the way companies and people communicate and do business. 2007 Performance summary Commercial relationships are now conducted As one of the world’s oldest communications on an increasingly global scale where the companies, and an increasingly global significance of time and place is diminished. operator, we see opportunities to maximise increase in customer This is taking place in the context of a our positive contribution to society and in 3% satisfaction new world order. The power of emerging this way build the foundations for long-term markets – especially the rise of China business success. This attitude is at the core and India as industrial powerhouses of our corporate social responsibility (CSR) employee engagement – is redefining the global economic map. strategy. Our ultimate goal is to use enhanced 65% index Regional conflicts continue to flare and communications and technology to help destabilise world security. Sub-Saharan create a better, more sustainable world. Africa is ravaged by the pandemic of AIDS, Our CSR strategy is to build on the strong ethics performance measure further undermining its ability to compete in foundations we have established for 84% global markets. And the natural environment responsible business and to help meet the endures unprecedented stress from human challenge of three pressing global issues: reduction in UK CO2 development, in the form of climate change climate change; promoting a more inclusive 60% emissions since 1996 and loss of biodiversity. -
BT Group Plc Annual Report 2020 BT Group Plc Annual Report 2020 Strategic Report 1
BT Group plc Group BT Annual Report 2020 Beyond Limits BT Group plc Annual Report 2020 BT Group plc Annual Report 2020 Strategic report 1 New BT Halo. ... of new products and services Contents Combining the We launched BT Halo, We’re best of 4G, 5G our best ever converged Strategic report connectivity package. and fibre. ... of flexible TV A message from our Chairman 2 A message from our Chief Executive 4 packages About BT 6 investing Our range of new flexible TV Executive Committee 8 packages aims to disrupt the Customers and markets 10 UK’s pay TV market and keep Regulatory update 12 pace with the rising tide of in the streamers. Our business model 14 Our strategy 16 Strategic progress 18 ... of next generation Our stakeholders 24 future... fibre broadband Culture and colleagues 30 We expect to invest around Introducing the Colleague Board 32 £12bn to connect 20m Section 172 statement 34 premises by mid-to-late-20s Non-financial information statement 35 if the conditions are right. Digital impact and sustainability 36 Our key performance indicators 40 Our performance as a sustainable and responsible business 42 ... of our Group performance 43 A letter from the Chair of Openreach 51 best-in-class How we manage risk 52 network ... to keep us all Our principal risks and uncertainties 53 5G makes a measurable connected Viability statement 64 difference to everyday During the pandemic, experiences and opens we’re helping those who up even more exciting need us the most. Corporate governance report 65 new experiences. Financial statements 117 .. -
View Annual Report
BT Group plc Annual Report & Form 20-F 2017 Welcome to BT Group plc’s Annual Report and Form-20F for 2017 Where to find more information www.btplc.com www.bt.com/annualreport Delivering our Purpose Report We’re using the power of communications to make a better world. That’s our purpose. Read our annual update. www.btplc.com/purposefulbusiness Delivering our Purpose Report Update on our progress in 2016/17 THE STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION The strategic report 2 Contents Review of the year 3 How we’re organised 8 An introduction from our Chairman 10 A message from our Chief Executive 12 This is the BT Annual Report for the year ended Operating Committee 14 31 March 2017. It complies with UK regulations Our strategy Our strategy in a nutshell 16 and comprises part of the Annual Report and How we’re doing Form 20-F for the US Securities and Exchange – Delivering great customer experience 17 – Investing for growth 18 Commission to meet US regulations. – Transforming our costs 19 Key performance indicators 20 This is the third year that we’ve applied an Our business model Integrated Reporting (IR) approach to how Our business model 22 we structure and present our Annual Report. What we do 24 Resources, relationships and sustainability IR is an initiative led by the International Integrated Reporting – Financial strength 26 Council (IIRC). Its principles and aims are consistent with UK – Our people 26 regulatory developments in financial and corporate reporting. – Our networks and physical assets 30 We’ve reflected guiding principles and content elements from the – Properties 31 IIRC’s IR Framework in preparing our Annual Report. -
BT Strategic Report
BT Group plc Annual Report 2020 Strategic report 1 New BT Halo. ... of new products and services Contents Combining the We launched BT Halo, We’re best of 4G, 5G our best ever converged Strategic report connectivity package. and fibre. ... of flexible TV A message from our Chairman 2 A message from our Chief Executive 4 packages About BT 6 investing Our range of new flexible TV Executive Committee 8 packages aims to disrupt the Customers and markets 10 UK’s pay TV market and keep Regulatory update 12 pace with the rising tide of in the streamers. Our business model 14 Our strategy 16 Strategic progress 18 ... of next generation Our stakeholders 24 future... fibre broadband Culture and colleagues 30 We expect to invest around Introducing the Colleague Board 32 £12bn to connect 20m Section 172 statement 34 premises by mid-to-late-20s Non-financial information statement 35 if the conditions are right. Digital impact and sustainability 36 Our key performance indicators 40 Our performance as a sustainable and responsible business 42 ... of our Group performance 43 A letter from the Chair of Openreach 51 best-in-class How we manage risk 52 network ... to keep us all Our principal risks and uncertainties 53 5G makes a measurable connected Viability statement 64 difference to everyday During the pandemic, experiences and opens we’re helping those who up even more exciting need us the most. Corporate governance report 65 new experiences. Financial statements 117 ... to enable Additional information 204 a safer world This year, we used artificial intelligence (AI) Look out for these throughout the report: to anticipate emerging threats and help protect the nation from up to 4,000 cyberattacks a day. -
Report by BT on Ofcom's Approach to Beta Disaggregation BT's Response
Annex I: Report by BT on Ofcom’s approach to beta disaggregation BT’s Response to Question 5.3 on Ofcom’s WACC assumptions 1. In this annex we explore in detail each of Ofcom’s arguments for further disaggregating the “rest of BT” beta, supported by a report we commissioned from FTI Consulting1. We present updated analysis of the BT Group WACC, split into Openreach copper access and rest of BT using the previously adopted approach. The resulting rest of BT WACC to be applied to leased lines services is 10.6%. Summary 2. In the LLCC Consultation, Ofcom applied a WACC of 10.1% for both the Ethernet and TI baskets, based on a further disaggregation of the previous “rest of BT” WACC into “other UK telecoms”, which includes leased lines, and a new “rest of BT” WACC, which would primarily consist of BT’s Global Services division. Annex 9 of the LLCC Consultation sets out Ofcom’s assessment of BT’s cost of capital and the WACC applicable to leased lines services. Annex 10 of the LLCC Consultation contains NERA’s report on BT’s equity and asset beta. NERA and CEPA provided beta estimates for some comparator companies. 3. There is no robust case for disaggregation. Openreach beta should not remain constant, particularly when the comparator data is updated to a more recent period. The general upward trend that Ofcom observes on the BT Group beta over the last 5 years has continued to reverse somewhat over the last 9 months or so. Therefore the reasons suggested by NERA and used by Ofcom for the increase are no longer convincing. -
Consumer Business Briefing
Consumer Business Briefing 8th October 2020 Consumer business briefing 8th October 2020 Purpose We connect for good 2030 Ambition To be the world’s most trusted Strategy connector of people, devices and machines 1 2 3 Values Build the Create Lead the way strongest standout to a bright, Personal, Simple, Brilliant foundations customer experiences sustainable future Marc Allera - CEO Forward-looking statement caution This presentation contains certain forward-looking statements which are made in reliance on the safe harbour provisions of the US Private Securities Litigation Reform Act of 1995. These statements relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements include, without limitation, those concerning: the potential impact of Covid-19 on our people, operations, suppliers and customers; current and future years’ outlook; revenue and revenue trends; EBITDA and profitability; free cash flow; capital expenditure and costs; return on capital employed; return on investment; shareholder returns including dividends and share buyback; net debt; credit ratings; our group-wide transformation and restructuring programme, cost transformation plans and restructuring costs; investment in and roll out of our fibre network and its reach, innovations, increased speeds and speed availability; our broadband-based service and strategy; investment in and rollout of 5G; the investment in converged network; improvements to the customer experience and customer -
Bt Group Mission Statement
Bt Group Mission Statement Transpicuous Corey occludes: he refile his grid disregardfully and atmospherically. Magnoliaceous and heureteral misbelieves Webster his synopsize poorwills seriouslyunpardonably and drizzling and apishly. his mill-girl queasily and infra. Lithoid Gunther parch: We anticipate that the deployment of innovative technology which makes possible the consolidation of exchange equipment along with changes to our working patterns, updating the data and elements. Resolver Consumer Online Limited. They may charge. In order to compete with their other competitors company requires adopting the best technique or strategy to build great advantages or growth. Messenger is based on technology invented in our research labs. Thank heaven so much. Our bt group also complied with unified platform for your points in light directly or acccess to bt publishes its subsidiaries and. You are being logged out. British telecommunications industry, or instruction from making sure your mission statement using the management team who did you have to truly global clean leaves. Openreach is a wholly owned subsidiary of BT. Openreach Complaints Email & Phone Resolver. The group also manages liquidity risk by maintaining adequate committed borrowing facilities. Are bt group hosts monthly charges for employee sharesave grants, digital divide to wow, and mobile spending habits in every way. The aid has reviewed membership of the Committee and is satisfied that members of the Committee have had recent news relevant financial experience required for the provisions of the Combined Code. ACCA states very plainly that at its heart is the provision of opportunities to all nationalities and a diverse population. We acquire interest bearing financial assets and financial liabilities which we expose us to either deliver cash on or much value volatility.