‘I always love to squeeze the shorts’: Hedge funds burned as BT shares surge May 16, 2024 Hedge funds have been burned by BT surging share price today.
BT shares surge as traders bet giant has turned a corner May 16, 2024 BT Group's profit after tax plummeted 55 per cent after the British telecoms firm wrote down a significant chunk of its business.
Struggling Vodafone and BT to update the City on turnaround efforts May 13, 2024 A highly competitive market, heavy debts, tight regulation and dividend cuts are to blame for Vodafone and BT's poor performance.
BT taps Blackstone boss to lead communications team May 2, 2024 British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.
Premier League hits six major UK internet providers including Sky with legal application May 1, 2024 The Premier League has issued new legal proceedings in an English court against several internet service providers which includes Sky and BT.
BT to revamp Britain’s ‘street furniture’ by converting old payphones into advertising screens March 28, 2024 Starting 2025, BT will partner with media company Global over the following decade to revamp the old payphones into advertising screens.
BT: Telecoms giant enters the drone market in £5m deal January 4, 2023 BT, Britain’s telecoms giant has entered the automated drone business. Earlier today, Etc., the incubation team in BT Group’s Digital unit announced that it was entering a £5m deal with Altitude Angel. Altitude Angel is a Reading based technology provider and the deal is supposed to scale up UK’s automated flying infrastructure. The two businesses [...]
Vodafone CEO frontrunner critical of telecoms sector January 2, 2023 Vodafone’s former non-executive director and ex-EE chief has publicly criticised the bureaucracy of European telecoms. Olaf Swantee, a Dutch businessman and key figure in the continent’s telecom sector has stated that the sector’s biggest companies are too complex and centralised. He stated that the sector needs to listen to customers. Swantee is rumoured to be [...]