{"id":45308,"date":"2020-07-31T10:19:32","date_gmt":"2020-07-31T10:19:32","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=292627"},"modified":"2020-07-31T10:19:32","modified_gmt":"2020-07-31T10:19:32","slug":"bt-hands-mtn-boss-enterprise-role-books-profit-drop","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/07\/31\/bt-hands-mtn-boss-enterprise-role-books-profit-drop\/","title":{"rendered":"BT hands MTN boss enterprise role, books profit drop"},"content":{"rendered":"

<\/p>\n

\tBT announced outgoing MTN CEO Rob Shuter as its new Enterprise chief, as the operator reported declines in fiscal Q1 revenue and profit on a drop in takings from businesses and a consumer hit due to a lack of live sport.<\/p>\n

During its investor call for the three months to end-June, CEO Philip Jansen said BT had been resilient \u201cin the context of everything going on around us\u201d. Net profit was down 11 per cent year-on-year to \u00a3448 million and revenue fell 7 per cent to \u00a35.2 billion.<\/p>\n

Its Consumer division, which includes mobile operator EE alongside its residential fixed and broadcast units, was hampered by a fall in sport revenue and closure of retail stores caused by Covid-19 (coronavirus) lockdown measures.<\/p>\n

BT added the pandemic would continue to impact the division citing \u201clower roaming and pay-as-you-go revenue, sport revenue from pubs and clubs, and more price-conscious customers\u201d.<\/p>\n

Despite business disruption from the pandemic, Jansen said it was still on-track with previously announced [1] \u201cmodernisation programmes\u201d, but had also identified further cost reductions including the introduction of recruitment controls.<\/p>\n

He also addressed the UK\u2019s decision to ban Huawei [2] from the country\u2019s 5G networks earlier this month: \u201cDespite the logistical and cost implications, we believe the proposed 2027 end-date provides sufficient scope to make these changes without impacting the resilience of our networks, or the pace and scale of deployment.\u201d<\/p>\n

The cost would be within the \u00a3500 million estimate made in January [3], he said.<\/p>\n

Appointment
\nAlongside its results, the company announced Shuter would take the role of BT Enterprise CEO, replacing the retiring Gerry McQuade.<\/p>\n

The switch is set to take place before the end of the current financial year (end-March 2021), which fits with the departure timeline previously announced by MTN [4].<\/p>\n

Shuter led the African operator group since 2017 and previously held a number of roles in Vodafone Group\u2019s European businesses.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/jansen-begins-campaign-to-revamp-bt
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/rivals-circle-as-huawei-thrown-out-of-uk-5g\/
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/bt-chief-reveals-cost-of-uk-huawei-decision
\n[4] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/mtn-chief-shuter-enters-final-year-in-charge<\/p>\n\n

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BT announced outgoing MTN CEO Rob Shuter as its new Enterprise chief, as the operator …<\/p>\n

The post BT hands MTN boss enterprise role, books profit drop<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"BT hands MTN boss enterprise role, books profit drop - ITTeacherITFreelance.hk","description":"BT announced outgoing MTN CEO Rob Shuter as its new Enterprise chief, as the operator ... The post BT hands MTN boss enterprise role, books profit drop appeared"},"footnotes":""},"categories":[11,8],"tags":[4353,4354],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/45308"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=45308"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/45308\/revisions"}],"predecessor-version":[{"id":45313,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/45308\/revisions\/45313"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=45308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=45308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=45308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}