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telecoms

  • Vodafone pushes into legal tech market to co-develop AI platform

    Legal

    Vodafone has partnered with an AI startup to co-develop a legal tech tool, challenging market heavyweights Harvey and Legora. The telecoms giant has teamed up with Aavalynx to co-develop an AI-driven litigation platform that helps manage and track legal disputes and forecast financial costs tied to these. The AI company told City AM the joint [...]

    Vodafone Group has announced the appointment of Microsoft's Pilar López as its new chief financial officer.
  • Tesco Mobile breaches £600m debt facility after reporting failure

    Telecoms

    The UK’s biggest virtual mobile network operator has breached the terms of its debt facility after a reporting shortfall, City AM can reveal. Tesco Mobile, which has more than 5m customers and is owned by Virgin Media O2 and Tesco, identified a breach in covenants in the funding agreement it has with the Royal Bank [...]

    Overhead view of a brightly lit Tesco store interior with shoppers, product aisles, and Clubcard Prices signage.
  • Vodafone shares jump as French telecoms tycoon becomes top shareholder

    Telecoms

    Vodafone shares surged almost 11 per cent on Friday after French telecoms billionaire Xavier Niel bought a £4.4bn stake in the FTSE 100 group from UAE-backed e& and became its largest shareholder. The deal will see Niel’s investment vehicle, Vega, acquire e&‘s entire 16.2 per cent stake for 112.5p a share – a 15 per [...]

    Vodafone Group has announced the appointment of Microsoft's Pilar López as its new chief financial officer.
  • Virgin Media slapped with £28m fine for stopping customers cancelling deals

    July 8, 2026

    Virgin Media has been slapped with the media watchdog’s largest ever fine for direct harm to consumers after it was found to have mishandled millions of calls with users looking to switch away to a better deal  The telecoms giant has been hit with a £28m fine after it was found to have put customers [...]

  • Will AI trigger the end of net neutrality?

    July 2, 2026

    Since its inception, the internet has worked for one fundamental reason: net neutrality. This is the principle that internet carriers – broadband and mobile providers – must treat traffic equally, regardless of where it comes from. They cannot discriminate. This idea, noble in its intentions, was what spurred the enormous growth of internet services over [...]

  • Vodafone takes full control of Three in £4.3bn deal

    May 5, 2026

    Vodafone is to take full ownership of Vodafone Three for £4.3bn in the latest twist in the blockbuster merger between two of Britain’s largest mobile networks. The FTSE 100 telecoms giant said it will buy out the 49 per cent stake held by CK Hutchison, the Chinese owner of Three, to give it full control [...]

  • Airtel eyes fintech IPO spin off in $10bn boost for London market

    April 28, 2026

    British telecommunications giant Airtel is mulling listing its mobile money business on the London Stock Market in what could be one of the largest public debuts on a European exchange in years. Airtel Money – a digital commerce service that allows users to store money, transfer funds and buy mobile data – is said to [...]

  • Vodafone set for £85m court showdown with ex-franchisees

    March 26, 2026

    An £85m court battle between Vodafone and its former franchisees will kick off on Thursday over claims the telecoms giant imposed cuts on franchises which left managers facing closures and bankruptcy.  The 62 ex-franchisees pursuing a civil action against Vodafone – recently renamed VodafoneThree – will launch their case at the High Court for the [...]

  • Virgin Media slapped with £24m Ofcom fine

    December 1, 2025

    Ofcom has dished out its biggest fine of the year after accusing telecoms giant Virgin Media of failing to protect vulnerable customers. The media regulator has hit Virgin Media with a £23.8m fine over its treatment of customers during a planned transition from analogue to digital landlines. Virgin Media notified Ofcom over incidents connected with [...]

  • BT bets on budget provider amid broadband customer losses

    November 6, 2025

    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 [...]

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