BT Group chief executive Gavin Patterson took home £4.4m last year May 21, 2015 BT chief executive Gavin Patterson received a £1.3m bonus on top of his £950,000 basic for the last financial year, it has been revealed. Patterson took home a total package worth more than £4.4m, up 5.7 per cent on last year. Chief financial officer Tony Chanmugam received a bonus of £714,000 – half [...]
WPP buys stake in Ascot and Liverpool FC sports marketers Two Circles May 19, 2015 WPP has gained a majority stake in Two Circles Limited, a London-based, data-driven sports marketing agency. After the deal, Two Circles will become part of ESP Properties, GroupM’s newly launched company serving rightsholders in the worlds of sports and entertainment. Founded in 2011, Two Circles has become the market leader for a data-driven approach to [...]
BT wins major aviation contract with Emirates to manage contact centres May 18, 2015 BT Group has won a six-year, multimillion-pound contract with Emirates to manage the airline’s contact centres around the world Building on a deal agreed in 2009, BT will now upgrade and manage the latest versions of contact centre technology. This will improve how agents combine dealing with calls, emails and webchat enquiries. Emirates will use [...]
City Moves for 18 May 2015 | Who’s switching jobs May 17, 2015 BT Alison Wilcox has been appointed group HR director at BT. She joins from Vodafone, where she has been regional HR director for Europe for the past 18 months. Wilcox has also worked as regional HR director for Africa, the Middle East and Asia Pacific at the mobile operator. Centrus Advisors The treasury and debt [...]
BT share price edges down as Ofcom outlines measures to open fibre networks May 15, 2015 Shares in BT opened almost one per cent lower at 461.65p this morning, after it was revealed regulator Ofcom could force it to open some of its fibre-optic lines to rivals. However, these falls were later clawed back, with shares trading at 463.9p, 0.24 per cent down, an hour later. The regulator said the measures [...]
English football clubs’ shortage of success in Europe is a risk for BT May 14, 2015 Gavin Patterson’s BT, which bid a sky-high £897m for the live rights to Champions League football for the next three years, could see the attractiveness of its package diminished if English clubs continue to perform badly in the prestigious competition next year. Four Premier League teams qualify for the competition but there are fears [...]
TalkTalk chief Dido Harding pushes to split BT and Openreach as profit rises May 14, 2015 TalkTalk boss Dido Harding renewed her calls for the regulator to force BT to sell its telecoms network division Openreach yesterday, and said more competition in the market would lead to further investment. Harding made the comments while discussing TalkTalk’s results for the year to 31 March, which showed a 3.2 per cent rise [...]
BT awards chief Gavin Patterson £1.95m in shares May 13, 2015 BT chief executive Gavin Patterson yesterday took home 416,719 shares, as part of an incentive package. The shares were priced at £4.69, meaning Patterson’s bonus came to a total value of £1.95m. Other senior executives to benefit included group finance director Tony Chanmugam, who received 391,131 shares, and Luis Alvarez, the chief executive of BT [...]
Fantasy football: Can BT’s dreams of boosting growth come true? May 7, 2015 The telecom’s move into TV sports gained credibility from its £900m deal to broadcast the Champions League, but it is not without problems BT BOSS Gavin Patterson didn’t waste any time in making his presence felt at the top of the FTSE 100 company when he was appointed chief executive in 2013. Just two months [...]
BT share price up after profits rise 14 per cent May 7, 2015 BT’s share price has risen half a per cent, after the company revealed a 14 per cent jump in pre-tax profits, which rose to £2.6bn for the 12 months ending 31 March. The figures Despite the headline rise in profit, BT’s revenue fell two per cent to £17.9bn for the year and £4.6bn for the [...]