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Global Cost Cutting – BT Group Confirm London HQ Move to Aldgate

Monday, July 22nd, 2019 (3:31 pm) - Score 2,592
BT HQ UK Building Logo

Telecoms giant BT Group has confirmed that their global headquarters will move from its building near St Paul’s in London to a new 18 floor base in the city’s Aldgate district by the end of 2021. Meanwhile the old HQ building is being sold for £210m to private equity firm Orion Capital Managers.

At present the operator is conducting a significant internal restructure, which among jobs losses has also resulted in them looking to withdraw from a number of their global businesses (more may be coming). Instead the operator appears to be refocusing on its UK operations, including their wider rollout of “full fibre” (FTTP) broadband to ISPs (Openreach) and 5G mobile (EE) services.

The CEO of BT Group, Philip Jansen, said: “We’ve been headquartered in BT Centre for nearly 35 years and we’ve been looking for a building in central London that will be the home of BT for the next 35 or more. The 18 floors of our new headquarters will do just that. The relocation of our global headquarters is a symbolic move but really it’s the tip of the iceberg; we are currently embarking on one of the largest workplace transformation programmes the UK has ever seen.”

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Mark Jackson
By Mark Jackson
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on Twitter, , Facebook and Linkedin.
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6 Responses
  1. Avatar Martin Pitt - Aquiss

    I wonder if they will be moving into Aldgate Tower, which just happens to be 18 floors high, right opposite Aldgate East Station.

    • Avatar New_Londoner

      According to the news articles, it will be based in a new 320,000 square foot building near Aldgate East station at 1 Braham Street, London E1 8EP. So not the Aldgate Tower but close by.

    • Avatar Martin Pitt - Aquiss

      @New_Londoner, likely the building going up next door to Aldgate Tower then.

      Aldgate Tower just happens to be owned by Aldgate Development (who themselves have offices on floor 13 of Aldgate Tower). Aldgate Development is the company BT Group are leasing the new building from, so seems to makes sense.

    • Avatar Rahul

      The irony is that the Aldgate Tower building does not have any plans for Fibre at all. It doesn’t even have FTTC by the looks of my research around the area. Yet it appears to be such an important office building all made out of glass.

      Aldgate and its City of London area has very little FTTP/FTTC deployment due to partly being Exchange Only lines. While some of the new residential buildings do have FTTP. Most recently the Crawford Building opposite the Aldgate Tower has now got FTTP from Openreach very recently to my surprise and is in the process of getting overbuild with Hyperoptic soon.

      I wonder whether the BT Group move to Aldgate Headquarters would mean a greater expansion of FTTP/H in the area and around from Openreach?

    • Avatar New_Londoner

      @Rahul
      In common with most businesses of any size, I’m pretty confident that BT will use Ethernet to provide connectivity to its building in Braham Street. Much like the connectivity to the surrounding businesses in the many other buildings in the area.

  2. Avatar Optimist

    BT goes full circle! Back in the late 60s when BT was part of the Post Office (part of the Civil Service), its computer development teams were housed in ten-storey office building in Commercial Road close to Aldgate East. I was there, starting as a trainee programmer!

    Originally part of the civil service, the PO became a public corporation and the first noticeable change was the imprint on the lavatory paper – from “Government Property” to “Post Office Property”!

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