Changes due at BT ?Interesting to see so much about BT and
private equity (
PE) - my feeling is that the original
Times story was speculative and riding on the back of the increasing activity around PE investments
this has now spawned more
speculation , the original article merely gave BT as an example of what PE could target (in terms of scale) - this has now triggered a share price rise in BT. There's some good backgrtound on
Private Equity here.
BT could benefit from splitting various of it's divisions away from BT group at the moment it's size is hampering its ability to act quickly and decisively- Openreach should be a company in its own right, the changes that are needed at BT can be carried out within the current structure and would release share holder value - without some action there will always be stories of a speculative nature.
BT's media and broadcast business is also in the news, there's talk of a strike hitting TV sports coverage -our old friend Petra finds out
more.