BT shares fall back after India’s richest man denies takeover interest November 29, 2021 Shares in BT retreated after having rallied as much as 10 per cent in early trading, after the company owned by India’s richest man denied a media report it was eyeing a bid for the British telecoms giant. Mukesh Ambani’s Reliance Industries said: “We categorically deny any intent to bid for the UK telecoms group [...]
BT unveils new Aldgate-based global headquarters November 26, 2021 BT has opened its new global headquarters in Aldgate, after shifting its base from St Paul’s. The One Braham site already has nearly all 3,500 colleagues working from the capital-based HQ. The move formed part of the telecoms giant’s plans to upgrade its branches, which is set to be completed in 2024. “We’re really excited [...]
BT broadband rivals bite back against watchdog decision to allow price slash November 21, 2021 BT’s broadband competitors plan to take on Ofcom after it gave the provider a green light to cut prices by £2.4bn.
BT announces ‘epidemiological AI’ prototype to help combat cyber-attacks November 12, 2021 BT has announced its new epidemiology-based cybersecurity prototype, “Inflame”, which uses deep reinforcement learning to enable companies to automatically detect and respond to cyber-attacks.
BT hits cost savings target 18 months early November 1, 2021 BT said this morning it had delivered on its cost saving programme 18 months ahead of a March 2023 target, driving its shares up 6%.
BT takes £600m landline charges case to the Court of Appeal October 19, 2021 BT will continue to defend itself against the claim of overcharging customers by taking the tribunal ruling to the Court of Appeal.
Court gives 2m angry Brits the green light to claim £600m from BT September 28, 2021 A court has approved a £600m legal case against BT, on behalf of some 2m landline customers who claim they have been overcharged. The telecoms giant was investigated by Ofcom in 2017 for similar claims, which led to BT trimming future bills for those who felt short-changed. Director of Advocacy and Policy at Which?, Rocio [...]
DAZN in talks to buy BT Sport September 22, 2021 Sports streaming service DAZN is in late stage conversations to buy BT’s sports business, according to the Financial Times which first reported the news. The chairman of DAZN, Kevin Mayer, reportedly told an industry conference that he would “love to have EPL [English Premier League] ultimately,” and was “possibly” interested in BT Sport. The TV [...]
BT to hire 1,000 staff outside of London as part of ‘levelling up agenda’ September 16, 2021 BT is set to hire around 1,000 new staff to fill the broadband giant’s flagship Birmingham office, its first major site outside of London. There are currently some 225 positions available, which will grow over the coming months and years, BT said in a statement. The FTSE 100 has been slowly introducing its workforce back [...]
Worst kept secret confirmed as Crozier moves to head up BT August 17, 2021 Adam Crozier has been confirmed as the new chairman of BT following the retirement of Jan du Plessis. It has been known for some time that Crozier would be taking up the post after The Sunday Times revealed that he had beaten off three other candidates for the post earlier this month. Crozier is an [...]