Manage episode 232476897 series 2402082
The race to provide faster broadband is on. But will incumbents be disrupted by the challenger providers: the 'altnets'? The upcoming set of results from BT and their strategy for the future will be crucial in determining the answer.
In 2018, UK consumers spent a total of one day a week online, more than twice as much as in 2007. Time spent online, demand for data and the number of devices connected to the internet all continue to grow, generating demand for ever faster and more reliable internet connections. BT currently passes less than a million homes with full fibre, targeting three million by 2022, and potentially leaving the company vulnerable to market share losses from the altnets in the long term. BT’s future depends on this investment decision – will management be willing to take some short term pain to preserve its long-term success?
Read Marija and Madeleine’s blog here: https://futureworldblog.lgim.com/categories/themes/uk-broadband-infrastructure-at-a-crossroads/?cid=lgimtalks
• Marija Simpraga, Infrastructure Strategist, Real Assets team
• Madeleine King, Co-Head of Pan European Investment Grade Research, Global Fixed Income team
• Mark Chappel, Senior Investment Writer
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