Openreach

Openreach

https://www.openreach.com/
https://www.linkedin.com/company/openreach/

Openreach, a privately owned company headquartered in the UK and a subsidiary of BT Group, founded in 2006, operates with approximately 35,000 employees and reported $7.9B in revenue as of 2024. The company specializes in enterprise connectivity services, primarily focusing on building and running the UK's broadband network.

2024 Revenue

Founded

2006

Headcount

35,000

Headquarters

UK

Primary Segment

Enterprise connectivity services

Ownership

Privately Owned

News Summary:

On May 2, 2026, landline phone users voiced fears over the digital switchover, which replaces the old public switched telephone network (PSTN) with digital lines, marking a significant technological upgrade. Previously, on April 30, 2026, Openreach filled out its Customer Experience and regional Service Operations teams as part of broader reshuffles within BT Group. This followed news from April 29, 2026, that CityFibre secured £2.3 billion, including £500 million in fresh equity, from investors such as Goldman Sachs Alternatives and Antin Infrastructure Partners, to challenge Openreach's market dominance in UK fibre. Earlier on April 28, 2026, Openreach began bringing full fibre broadband to Warwick, aiming to provide gigabit-capable speeds to thousands of local homes and businesses. On the same day, Openreach urged over 56,000 Gwynedd homes and businesses, which already have access due to a £16.8 million investment covering approximately 75% of properties, to make the switch to full fibre broadband.

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Openreach offers 2 products in the connectivity and cloud industry. Openreach's product portfolio comprises of enterprise connectivity services.

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Openreach's revenues were over $1B in 2024. All the revenue comes from enterprise fibre and private IP.

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May

29th

2026

23:30

Openreach to deliver full fibre broadband upgrade in Tiptree

Openreach has begun work in Tiptree to deliver the new network, which will offer gigabit-capable connectivity to residents and businesses. Kieran Wines, partnership director for London and the South East at Openreach, said: "We’re bringing full fibre broadband to Tiptree and letting local people know what to expect.

Maldon and Burnham Standard

May

27th

2026

05:48

Partnerships and Alliances, B2B Tag

Broadband upgrade for 2,000 Perth and Kinross flats

Openreach has joined forces with Perth and Kinross Council to make full fibre broadband available to 2,000 flats and apartments. The agreement will see faster, more reliable broadband made available to flats across 250 buildings, including in Perth, Crieff, Blairgowrie and Pitlochry.

May

27th

2026

05:47

Openreach bringing Full Fibre broadband to Tiptree

Openreach has started work to build a new broadband network for Tiptree – giving residents and businesses access to some of the fastest, most reliable broadband anywhere in Europe. The once-in-a-generation, full fibre broadband upgrade will let thousands of local people connect multiple devices at gigabit-capable speeds and help businesses trade online and compete for decades to come.

May

27th

2026

05:47

Openreach bringing Full Fibre broadband to Farnham Common

Openreach has started work to build a new broadband network for Farnham Common – giving residents and businesses access to some of the fastest, most reliable broadband anywhere in Europe. The once-in-a-generation, full fibre broadband upgrade will let thousands of local people connect multiple devices at gigabit-capable speeds and help businesses trade online and compete for decades to come.

May

26th

2026

04:18

EMR: Metal and cable theft costs the UK economy £500m a year

The campaign urges the public to report metal theft – which costs the UK economy £500 million a year. The appeal follows a series of incidents that have caused widespread disruption. Bruce Miller, Commercial Director at EMR, said: “Copper is now recognised as a critical material, with demand continuing to grow as industries invest in new networks, infrastructure and low-carbon technologies.

letsrecycle.com

May

25th

2026

22:27

Capital Investment, Funding Activities, B2B Tag

digital future of Essex

The UK government’s digital infrastructure strategy reached a new milestone earlier this month with the announcement of an £8.3 million funding injection to expand the Project Gigabit rollout across Essex. This latest investment targets an additional 9,500 homes and businesses, marking a strategic shift in the programme by addressing connectivity “blackspots” within urban centres alongside traditional rural priorities.

UK Construction Online

May

25th

2026

09:49

Emerging Tech, B2B Tag

Work to bring full fibre broadband to Waltham begins

Openreach engineers are now in the area Digital network company Openreach has started work to build a new broadband network for Waltham. The move will give residents and businesses access to some of the fastest, most reliable broadband anywhere in Europe, says the company.

May

23rd

2026

07:02

Cost Cutting, Artificial Intelligence, B2B Tag

BT Bolsters AI Automation and Fiber Monetization as Peak Network Investment Phase Ends

BT Group is entering a new phase of AI-driven operational transformation and cash flow optimization after completing the peak stage of its nationwide fiber infrastructure expansion, according to its FY26 full-year and Q4 earnings results. The telecom operator is shifting focus from aggressive network deployment toward capital reduction, digital automation, operational efficiency, and long-term free cash flow generation as it scales artificial intelligence across enterprise services and internal operations.

May

22nd

2026

23:00

Capital Investment

Millions of Britons ditch traditional landlines for broadband-powered phones ahead of UK 'switch off'

Millions of Britons have already turned their backs on traditional landlines. Have you? BT has confirmed that more than 3 million UK households have now switched to broadband-powered landlines, dubbed Digital Voice. It comes as BT launched a new campaign called 'Don't Put Off The Switch' to boost awareness about the switch from traditional landlines planned for January 2027.

May

22nd

2026

10:51

Financial Results, Partnerships and Alliances, New Offerings, B2B Tag

Weekly Brief – 22 May 2026

Openreach asks the public to report suspected metal theft Openreach, along with Crimestoppers are teaming up with metal recycling firm EMR to help combat the rise in copper theft from the Openreach network. Openreach says that since April 2024, more than 100,000 people have lost access to their home phone line or broadband due to the theft of 153km of copper cable.

May

22nd

2026

01:00

Openreach steps up battle against copper theft in UK

UK broadband provider Openreach has paired with circular materials expert EMR and independent charity Crimestoppers to step up the battle against the theft of metal in the country. The issue of copper theft, in particular, has been a thorn in the side of network providers such as Openreach for years, with multiple incidents reported.

May

22nd

2026

01:00

Financial Results, B2B Tag

BT : FY26 Results presentation transcript

‌ALLISON ‌Slide 1: Cover ‌Slide 2: Forward looking statements Slide 3: Allison Kirkby title slide‌ Good morning everyone and welcome to our full year results presentation. Thank you for joining us. I'll start with an update on our strategic progress over the past year, then Simon will take you through the financials.

Examples of Openreach's suppliers include Ciena, AllPoints Fibre Networks and Zen Internet.

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