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BT results defy analysts

BT has beaten analysts expectations and announced Wi-Fi phones, improved LLU rollout, and renamed The Project Formerly Known As 21CN

July 27, 2006 by

Rupert Goodwins' Diary

Friday 29/4/2005Long faces at Marconi, as BT's decision not to buy any of the company's kit for its huge 21CN network initiative has halved the share price and led to predictions of the company being broken up and sold off in bits. A special mention must go to analysts at Dresdener Kleinwort Wasserstein who said immediately before the contract announcement that Marconi was "so advanced with its products and so entrenched with BT Group plc that its selection looks certain".

April 29, 2005 by

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