From Breakingviews - New BT boss’s biggest test is investor relations
. Shares in the Swedish telco sank 4% on news of her departure, suggesting Telia’s loss is a gain for BT.
Kirkby won’t take over until January 2024 but, having sat on BT’s board for more than four years, she should be able to hit the road running. The challenges include implementing a plan to55,000 jobs over the next seven years, while fulfilling a pledge to build 25 million new fibre-broadband connections by 2026.
Where Kirkby lacks a road map, however, is in dealing with her two major, restive shareholders. French businessman Patrick Drahi’s Altice UK vehicle, with a 25% stake, and German peer Deutsche Telekom , with about 12%, have reasons to fret about BT stock, which fell 45% under Jansen. Keeping these two investors on her side will be the real test for Kirkby at BT.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
BTS’s Jungkook Reveals Plans To Release New Single And Mini Album By NovemberBTS's Jungkook Reveals Plans To Release New Single And Mini Album By November
Consulte Mais informação »
McDonald's to test CosMc's new small format concept, CEO announcesThe golden arches are putting a new small-format restaurant concept to the test next year that will embrace the McDonald's ethos with a lesser-known character in the limelight.
Consulte Mais informação »
UK's BT appoints Telia exec Kirkby as new CEOBritain's BT Group on Monday appointed Allison Kirkby, the boss of Sweden's Telia Company , to replace Philip Jansen as chief executive by the end of January 2024 at the latest.
Consulte Mais informação »
Total War: Pharaoh Reveals New New Canaanite Deep Dive VideoCheck out the latest video from SEGA for Total War: Pharaoh, as they take a better look at the Canaanite Empire and how they operate.
Consulte Mais informação »
New York City rolling out new rules on single-use utensils for takeout ordersPatrons are required to ask for cutlery to help cut down on the estimated 36 million pounds of plastic used yearly.
Consulte Mais informação »
Breakingviews - The BRICS are better off disbanding than expandingThe BRICS are an acronym searching for a geopolitical role. When Brazil, Russia, India, China and South Africa get together for their annual summit in Johannesburg next month, a top issue for discussion will be whether to expand the club. Emerging economies might be better off if it disbands.
Consulte Mais informação »