French tycoon Patrick Drahi’s Altice tops up stake in BT to 18 per cent for £1bn December 14, 2021 Patrick Drahi's Altice UK has this morning increased its stake in telecoms giant BT from 12.1 per cent to 18 per cent.
Dorries to grill BT boss over impending Patrick Drahi takeover December 12, 2021 Digital secretary Nadine Dorries has called in BT chief exec Philip Jansen to discuss its potential takeover by the French-Israeli billionaire, Patrick Drahi.
BT shares humbly climb amid talks of Discovery joint venture December 6, 2021 Shares were up at 170.33p this morning following weekend reports that Discovery, the US media group that owns the Eurosport channels, is in talks about a joint venture for their sports businesses with BT.
Steal the deal: Discovery in talks with BT Sports to derail sale to DAZN December 5, 2021 US media giant Discovery is in talks with BT Sports over a potential partnership deal that would derail months of talks with sports streaming service DAZN over a £600m outright sale. As talks between DAZN and the telecoms group have become mired over commercial details, Discovery has entered the mix with an alternative offer for [...]
BT launches new manifesto to ‘enact real change’ December 1, 2021 BT Group has launched a new business-wide plan to focus and accelerate its efforts to build a better business for its customers, the economy and society at large this morning.
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%.