Updated
Updated · Bloomberg · May 21BT Forecasts £19 Billion-£19.5 Billion 2027 Revenue, Missing Estimates as Openreach Upgrade Ends
5 articles · Updated · Bloomberg · May 21
- BT projected 2027 adjusted revenue of £19 billion to £19.5 billion, below the £19.58 billion analyst consensus compiled by Bloomberg.
- The weaker outlook comes as the Openreach network upgrade nears completion, reducing a growth tailwind for the group.
- CEO Allison Kirkby is also trying to halt broadband customer losses while BT faces intense competition in its core market.
- The forecast signals pressure on BT's next phase of growth as infrastructure spending benefits fade and commercial execution becomes more critical.
Can BT's bets on AI and private 5G offset its core business decline amid fierce competition and falling revenues? With cheaper rivals surging, can BT’s new strategy stop the massive customer exodus before the old network shuts down in 2027?