How Talktalk went from taking on BT to being rescued by it Telecoms TalkTalk was founded to take on BT, slash the price of broadband and shake up a market dominated by a handful of incumbents. But more than two decades later, the challenger has ended up in the arms of the company it was built to challenge. BT stepped in on Monday to buy Talktalk and its [...]
Monzo goes mobile: UK fintech debuts cell service in tie-up with Virgin Media O2 Fintech Monzo is set to launch its mobile service this summer in the firm’s latest play at diversifying its income from its traditional digital banking roots. The London-based fintech has sealed a tie-up with Virgin Media O2 and 1Global to kick off ‘Monzo Mobile’ – a phone plan and e-sim offering. Virgin will provide the UK [...]
BT bets on budget provider amid broadband customer losses Tech BT has lost more broadband customers than expected, a sign that even its £15bn fibre rollout is struggling to retain customers from drifting to cheaper rivals. Openreach, BT’s network arm, reported a net loss of 242,000 broadband lines in the second quarter of its financial year, worse than the 205,000 analysts had pencilled in. The [...]