Navigating Challenges in the Telecom Industry

The chapter explores the complexities faced by BT in a heavily regulated industry, particularly regarding its fiber rollout and competition from companies like City Fiber. It delves into the financial implications of fiber investments, past growth strategies, and the strategic decisions impacting the company's share price. The discourse also touches on the pitfalls of telecom acquisitions, senior level decision-making in M&A, and the expectations of investors in the telecommunications sector.