US EditionUBS Predicts Openreach to Lose 800k UK Broadband Lines in 2025
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UBS Predicts Openreach to Lose 800k UK Broadband Lines in 2025
The latest analyst note from Swiss Bank UBS has maintained their long-running “sell” rating on the BT Group and predicted that Openreach could lose 800,000 broadband lines to rival networks in 2025 (up from 707k in 2024). The analyst warned that the operator needed to “deploy fibre faster” to stem the bleed and “accelerate [its] cost-cutting“, otherwise they claim it may face a downside risk to free cash flow in FY26. “We reiterate our view that…
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