BT is cutting prices on Broadband Telephony.
In an email today, noted Eurotelcoblog author James Enck said:
BT Group has, in our opinion, the most forward-looking management team and strategy in the sector, probably globally, but the problem the company faces is that visibility is very, very poor - both in terms of the competitive landscape and the rate of decline of traditional sources of cash flow generation. Today’s results show signs of growing strain - unexpectedly large losses in market share, traffic volumes and access lines, and an apparent structural weakness in gross margin.
Clearly something is wrong with the marketing, positioning and a lack of understanding of what the market wants, or perhaps, an inability to execute because the overseeers and management are at odds. Bottom line is BT is an awesome company, that is right now experiencing the blind staggers that the market is clearly able to see.