Feeds

Reg sticks with BT's Bonfield

Come on, Sir Pete, you can do it

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

We would just like to reiterate our support for Sir Peter Bonfield in response to yet more scurrilous reports in the press that he is due to resign.

Even some of our loyal readers have turned against him, suggesting that not only is he is responsible for BT's fall from grace but also for the collapse of his former company, ICL.

Some people seem to think that yesterday's five per cent slump in BT's share price (outdoing the 4.1 per cent fall in the FTSE - the largest since 1992) to 469p is adding to the pressure for Sir Pete to leave. Yes, this is a three-year low in share price and puts a market value of £30.8 billion on the company, while it has £30 billion in debts, but it is all part of Peter's masterplan. Just you wait and see.

We just want him to know we are right behind him as he approaches the cliff of decision. If you can make it past today, Peter, you're laughing. As you probably know, many companies only release such catastrophic news late on a Friday to limit the press coverage. All the best. ®

Related Story

Reg backs Bonfield

Security for virtualized datacentres

More from The Register

next story
Are you a fat boy? Get to university NOW, you PENNILESS SLACKER
Rotund types paid nearly 20% less than people who didn't eat all the pies
Emma Watson should SHUT UP, all this abuse is HER OWN FAULT
... said an anon coward who we really wish hadn't posted on our website
Japan develops robot CHEERLEADERS which RIDE on BALLS
'Will put smiles on faces worldwide', predicts corporate PR chief
Bruges Booze tubes to pump LOVELY BEER underneath city
Belgian booze pumped from underground
Oz carrier Tiger Air takes terror alerts to new heights
Don't doodle, it might cost you your flight
Amazon: Wish in one hand, Twit in the other – see which one fills first
#AmazonWishList A year's supply of Arran scotch, ta
Let it go, Steve: Ballmer bans iPads from his LA Clippers b-ball team
Can you imagine the scene? 'Hey guys, it's your new owner – WTF is that on your desk?'
Oi, London thief. We KNOW what you're doing - our PRECRIME system warned us
Aye, shipmate, it be just like that Minority Report
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.