BT blames Covid-19 for revenue fall

first_img BT preps renewed 5G push, pandemic hits earnings Previous ArticleQualcomm targets Huawei opportunityNext ArticleDocomo leads 5G open RAN acceleration group Kavit Majithia AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 04 FEB 2021 BT mulls options for sports TV service Tags Author BT suffered a 5 per cent drop in revenue in its fiscal Q3 as its consumer business felt the effects of Covid-19 (coronavirus) restrictions, results which CEO Philip Jansen said were in-line with expectations and prompted no change to its outlook.In a trading update for the three months ending 31 December 2020, BT reported revenue of £5.4 million, a 5 per cent decline year-on-year, with its consumer business 3 per cent lower at £2.7 billion.BT said its mobile division suffered from partial closure of retail stores and low roaming, resulting in a 3 per cent decline, while its fixed and other segment dropped 7.1 per cent from the closure of venues such as pubs and clubs showing its BT Sport offering.Revenue for its enterprise business of £1.4 billion was down 6 per cent, again due to Covid-19 along with ongoing declines in legacy products.There was also a 16 per cent revenue decline in its Global business to £907 million, in part due to foreign exchange movements, and it warned fiscal Q4 and subsequent periods will be impacted by reduced spending and more caution from multinational customers.Its Openreach unit was the one sweet spot, with revenue up 2 per cent to £1.3 billion, driven by higher fibre and ethernet volumes.Jansen remained bullish, stating the company remained on track to deliver its fiscal 2020/21 outlook “despite even greater Covid-19 restrictions than previously forecast”.It expects core earnings for the year to end-March at £7.3 billion to £7.5 billion, as Jansen added it expected “no material impact” from the UK’s Brexit deal with the European Union.During the quarter, he added the company made progress on strategic objectives, with 5G live in 125 towns and cities, 4.1 million Fibre to the Premises (FTTP) passed and 790,000 FTTP Openreach customers. Subscribe to our daily newsletter Back Related Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Home BT blames Covid-19 for revenue fall BTfiscal q3 earnings BT consumer boss opens net neutrality debatelast_img read more

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US Wave Energy Team Bags COER Award

first_imgWith members from the National Renewable Energy Laboratory (NREL) and Sandia National Laboratories (SNL), the US Department of Energy-funded wave energy converter (WEC) modeling team won the Center for Ocean Energy Research (COER) Hydrodynamic Modeling Competition.Through the competition, researchers were challenged to predict the dynamic motion of a floating body in an irregular wave field using computer-based modeling software.Teams had three months to compile and submit their final simulation results; these submissions were then compared with data from an experimental scenario outlined by COER. Victory would go to the team that simulated the experimental scenario with the smallest variance from the experimental results.The winning team was revealed at this year’s International Conference on Ocean, Offshore and Arctic Engineering (OMAE). Using national lab-developed design tools, DoE’s modeling team beat five other international teams, including from MIT, Dynamic Systems Analysis from Canada, and three other international universities.Organized by the Maynooth University in Ireland, the COER competition was held in conjunction with OMAE in St. John’s, Newfoundland, Canada, from May 31–June 5, 2015.last_img read more

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Intelligent metro

first_imgMETRO line controllers may be able to respond more efficiently to operating disruptions using real-time decision support software which is being demonstrated by Cambridge Consultants Ltd.The software can automatically balance any performance penalty payments applicable at the current time of day with crewing requirements, infrastructure limitations and the ease of returning to a normal service pattern. It gathers data from a range of inputs and sensors, suggesting recovery strategies in response to an incident. By automating the monitoring, the software leaves staff free to review the suggested actions, adapting or rejecting them as appropriate.The system has been produced using CCL’s experience working with London Underground, and can be adapted to represent the structure, operating and performance regime for any metro or train operator. It is hoped that the demonstrator will lead to a full-scale implementation in the next few months.Cambridge Consultants Ltd, UKReader Enquiry Number: 142last_img read more

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Airline boys 2nd in Byrd cross country meet

first_imgWilkes covered the 3-mile course at Camp Forbing in 15 minutes, 43 seconds. Other Airline runners in the scoring were Kaleb Sahlie (eighth), Samuel Kelley (13th), Jase Thaxton (14th) and Jack Jordan (21st). Premier Diamond BoutiqueHong Kong’s first lab-grown diamond empirePremier Diamond Boutique|SponsoredSponsoredUndoInstant Voice TranslatorInstant Voice Translator (43 Languages) Takes Hong Kong By StormInstant Voice Translator|SponsoredSponsoredUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?Perfect-Dating.com|SponsoredSponsoredUndoStanChart by CNBC CatalystBlockchain Is Changing the Game for Trade Financing. Here’s How It’s Driving Future Global Trade.StanChart by CNBC Catalyst|SponsoredSponsoredUndoStrategyCombatIf you own a Computer, then you have to play this Game. No Install.StrategyCombat|SponsoredSponsoredUndoDating.comThe Most Handsome Guys In Hong Kong On This Dating SiteDating.com|SponsoredSponsoredUndo Byrd won the meet with 42 points to 49 for Airline. Led by individual champion Jack Wilkes, the Airline Vikings finished second in the Byrd Cross Country Invitational on Saturday. Russell [email protected]last_img read more

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Slavia with a new transfer attracts a defender from Botev –…

first_imgSlavia is on the verge of a new transfer. It is about the defender Radoslav Terziev from Plovdiv Plovdiv, reports “Blitz”.A day after the deal with CSKA for Georgi Yomov, the “whites” strengthened with the defender, who did not fall into the plans of Ferrario Spasov for the new campaign in efbet League and arrives as a free agent.Levski was also interested in him, but in the end he chose “Ovcha Kupel”.The 25-year-old has 165 games for the Canaries, in which he has scored 4 goals. Last season he played in 24 matches and scored once. Follow us anywhere and anytime with the mobile application of Gong.bg. You can download it from Google Play, App Store and AppGallery.last_img

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BBS McGregor (ISH) and Jack Ryan claim victory in Mullingar ISH SJ Series

first_img 2 June 2019, 16:21 Tags: BBS McGregor (ISH) and Jack Ryan claim victory in Mullingar ISH SJ Series BBS McGergor (ISH) by Cardento (ISH)(TIH) bred and owned by  by Marguerite Ryan, and ridden by son, Jack Ryan, jumped double clear in a time of 38.54 seconds to win the 7-year-old final of the Irish Sport Horse Studbook Showjumping Series at Mullingar Equestrian today (Sunday). BBS McGregor, was one of only twelve double clears in the 7-year-old class. Ryan beat off stiff competition from the 25 combinations who made it through to the final.In the 5-year-old final, ten combinations jumped double clear to split the win, while in the 6-year-olds, there were ten clear rounds. There was €9,500 on offer in Mullingar Equestrian Centre from the Irish Sport Horse Studbook for these young horse classes. The next leg takes place in Galway County on June 15th and 16th.Results, including breeding information, are detailed below.=1st Beechfields Billy Barnwell (ISH) M by Billy Mexico (AES) out of Billy Rock (ISH) by Vechta (KWPN) bred by Donal Barnwell owned and ridden by Gemma Phelan. results, including breeding information, are detailed below.=1st Castle Lux Clover (ISH) M by Boherdeal Clover (ISH) out of Cloonagh Luxury (ISH) by Lux Z (HANN) bred by Jennifer Devlin owned by Anne Marie D’Arcy ridden by Sean Kavanagh.=1st Jolie Demoiselle (ISH) F by Je T’Aime Flamenco (BWP) out of Emerald Inovative (ISH) by Lux Z (HANN) bred by Ita McDermott, owned and ridden by Barbra Allen.=1st Lough Scur Quality Lady (ISH) F by O.B.O.S. Quality 004 (OLD) out of Lough Scur Sardiamond (ISH) by Shannondale Sarco St Ghyvan (BEWB) bred and owned by Seamus Tighe ridden by John Mulligan      .=1 Lisboy Emerald (ISH) C by Emerald Van’T Ruytershof (BWP) out of Hollypark Lux Alright (ISH) by Lux Z (HANN) bred by Michael Macdonagh owned by Joseph M Sharkey ridden by Cora Sharkey.=1st Fernhill Check Your Pocket (ISH) M by Simba (KWPN) out of Cavelle (ISH) by Cavalier Royale (HOLST) bred by Mr & Mrs Alan Wheeler owned by Carol Gee and ridden by Kate Derwin.=1st Florida Springs (ISH) F by Mermus R (KWPN) out of Rockville Star (ISH) by Kings Master (ISH) bred by Patrick Smith owned by Maurice Bingham ridden by Francis Derwin (Jnr)  .=1st Emerald Mystique (ISH) F by Emerald Van’T Ruytershof (BWP) out of Overruled (ISH) by Cruising (ISH) bred by John Cawley owned by Noel Cawley ridden by Kellie Allen     .=1st Rockwell Rc (ISH) F by Kannan (KWPN) out of Urban Sea (ISH) by Guidam (SF) bred by Ronan Byrne owned by Kevin Crumley ridden by Jason Foley.=1st Dawsons Orestus (ISH) F by Orestus (KWPN) out of Creevy Quinn Lass (ISH) by Cruising (ISH) bred by Peter Killeen owned by Km Sport Horses ridden by Jason Foley. 6Year Olds=1st Kinmar Quality Hero (ISH)  G by O.B.O.S. Quality 004 (OLD)  out of Magician Hero (ISH) by Moujik De Sohan (SBS) bred and owned by Gerrard Marron ridden by Damien Griffin.=1st Jacarina (ISH) F by Jack Of Diamonds (Swe) (SWB) out of Lissarina (ISH) by Cruising (ISH) bred and owned by Noel Cawley ridden by Kevin Gallagher.=1st Castlefield Miss (ISH) F by Pacino (BWP) out of Little Miss Puissance (ISH) by Puissance (ISH) bred and owned by Jim O’Neill ridden by Emma Carton.=1st Mhs Cardenta (ISH) F by Cardento (HOLST)  out of Willow Point (ISH) by Diamond Serpent (ISH) bred by Olive Clarke owned by Bravo Hughes Ltd ridden by Michael James Pender.=1st Ogue Alva (ISH) F by Ars Vivendi (HOLST) out of Ogue Alice (ISH) by Aldato (KWPN) bred by Vincent Murphy owned and ridden by Eddie Moloney.=1st Be Aware (ISH) F by Pacino (BWP) out of Warrenstown Well Aware (ISH) by Cruising (ISH) bred and owned by Ronan Tynan, ridden by Vincent Byrne.=1st Hollypark Pacino (ISH) C by Pacino (BWP) out of Hollypark (ISH) by Lux Z (HANN) bred by Jacky Lee owned by Hollypark Irish Horses ridden by Tim Macdonagh.=1st Diamant De La Mer (ISH) M by Diamant De Semilly (SF) out of Vuelta Du Ter (SF) by Eurocommerce Berlin (HOLST)          bred and owned by Hugh Ward ridden by Angela Percy.=1st Abc Ballycruise (TIH)(ISH)  M by Cruising (ISH) out of Arctic Diamond (ISH)     by Diamond Lad (ID) bred by Patrick Kehoe owned by Victoria Foster ridden by Gemma Phelan.=1st Admiran Xena (ISH) F by Je T’Aime Flamenco (BWP) out of Admiran Clio (ISH) by Clover Hill (ID) bred and owned by Peter Mulrine ridden by Cormac Rafferty.7 Year Olds1st Bbs Mcgregor (ISH)   G by Cardento (HOLST)  out of Random Chance (ISH) by Mark Twain (TB) bred and owned by Marguerite Ryan ridden by Jack Ryan.2nd Temple Alice (ISH)   M by Foxglen Cruise Control (AES) out of Innishannon Shamrock (ISH) by Rantis Diamond (ISH) bred by Susan Macdonald owned by Eddie Maloney & Tsi Equestrian ridden by Eddie Moloney.3rd Javas Gucci (ISH) G by Luidam (KWPN) out of Javas Honey (ISH) by Cruising (ISH) bred by Judy Murphy owned by Michael Pender & Bravo Hughes Ltd ridden by Michael James Pender.4th Miss Valent (ISH) F by Valent (KWPN) out of Miss Siss (ISH)   by John Henry (ISH) bred an downed by Lisa Rosbotham ridden by Olivia A Roulston     .5th Mulvin Lights Out (ISH) M by Kroongraaf (KWPN) out of Diamond Vicky (ISH) by Diamond Serpent (ISH) bred by James Hughes owned by Noletta Smyth ridden by Jonathan Smyth             .6th Mohill Rosetta (ISH) F by Omar (BWP) out of Glenda Bahrain (ISH) by Glen Bar (ISH) bred by Martin Mcglynn owned and ridden by John Mulligan Home  »  General  »  BBS McGregor (ISH) and Jack Ryan claim victory in Mullingar ISH SJ Series last_img read more

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