Why Virgin Media O2 is cutting jobs and retreating from fibre Telecoms Virgin Media O2’s decision to cut thousands of jobs and halt further fibre upgrades marks quite the retreat for a company once positioned as BT’s biggest challenger, writes Saskia Koopman. Five years after Virgin Media and O2 merged to create a £31bn telecoms giant, VMO2 is battling falling revenues, ongoing customer losses and over £22bn [...]
Openreach eyes further fibre discounts after Ofcom blocks price cut Telecoms Openreach is considering further targeted fibre discounts over the next five years after Ofcom blocked its most aggressive attempt to cut wholesale prices, the BT-owned network told City AM. The broadband giant said it remained open to competition in different parts of the country after the regulator approved a separate £50 rebate for new full-fibre [...]
Ofcom blocks ‘unfair’ Openreach pricing scheme Business The communications regulator has blocked Openreach’s new pricing scheme, arguing the proposed charges were “unfair” and granted it an unfair advantage over competitors. Ofcom has ordered Openreach, a fibre broadband network, to withdraw its ‘Incremental New to Openreach Offer’. The offer would have provided internet service providers (ISPs) a monthly discount for bringing new full-fibre [...]
Ordnance Survey revenue jumps as map maker goes digital August 4, 2026 Ordnance Survey has posted record revenue growth as the mapping agency takes the fight to Apple and Google with the “most detailed digital map of Britain to date”. The firm, which is Great Britain’s official mapping service, posted a 2.1 per cent jump in revenue to £199m in the year to March, driven by its [...]
TalkTalk: Huge losses revealed amid job cuts and fleeing customers August 6, 2025 The full extent of TalkTalk’s financial woes have been revealed for the first time amid sky-rocketing losses and huge job losses as customers move to other broadband providers. New accounts for the Salford-headquartered group filed with Companies House have revealed its pre-tax losses surged from £153m to £465m in the year to 28 February, 2025. [...]
BT powers ahead as UK tech services offer rare growth signal July 11, 2025 BT Group has become one of the standout performers of the FTSE 100 this year, with its share price climbing over 34 per cent since January, and hitting a near five-year high. The telecoms and broadband giant is being closely watched as it ramps up fibre roll-out, explores strategic moves around its Openreach infrastructure arm, [...]
Uber, AA and Royal Mail urge Khan to scrap EV congestion charge plans July 3, 2025 A host of businesses including Uber, the AA and Royal Mail have urged Sadiq Khan to re-think rolling back the exemption for electric vehicles in London’s congestion charge. Some 28 business and green groups published an open letter to the Mayor arguing that changing the discount would threaten London’s clean air ambitions, while prompting a [...]
Fast broadband ‘revolution’ in final phase, Ofcom says March 20, 2025 The roll-out of ultrafast broadband across the UK is in its “final phase” and could reach nearly all homes by 2027, Ofcom has said. The industry regulator said data it had compiled from telecoms firms indicated 96 per cent homes and businesses would have access to full-fibre by 2027 with the right investment and regulation. [...]
BT appoints chief for new UK-centric business arm as revenue dips January 30, 2025 BT has appointed a CEO for its new UK-centric BT Business, at the same time as reporting a dip in revenue due to tough trading outside of the UK. BT’s share price fell just over four per cent in early trades. Jon James will be appointed a CEO of BT Business in March, and it [...]
Congestion charge: Ocado leads push against ‘money making’ levy October 7, 2024 More than 40 UK businesses, including Ocado, the AA, and Openreach, have urged Sadiq Khan to scrap plans to extend the £15 daily congestion charge to electric vans. The businesses argue that this hugely unpopular congestion charge if continued, would severely impact those who have invested in greener fleets. Under Transport for London (TfL)’s current [...]