BT confirms chief executive handover date August 20, 2013 BT has confirmed the leaving date for current chief executive Ian Livingstone as 10 September 2013 following a board meeting scheduled for that day. Gavin Patterson, whose appointment was announced on 19 June this year, will immediately succeed Livingstone as head of the company. Patterson has served as chief executive of BT Retail and as [...]
BT Sport has a mountain to climb in its bid to beat BSkyB August 19, 2013 A COUPLE of friends of mine have spent most of their summer putting together what is certain to be an entertaining and enlightening show for Sky Arts called Portrait Artist of the Year. Presented by the comedian Frank Skinner, the series involves members of the public painting portraits of celebrities, including the actress Juliet Stevenson. [...]
BT Sport pulls in the fans amid £1bn Sky Sports war August 18, 2013 BT SPORT kicked off its bid to take on rival Sky Sports with a peak television audience of 764,000 for its opening day match on Saturday, it emerged yesterday. The number tuning in for the lunchtime fixture between Liverpool and Stoke City is on a par with opening day games shown on broadcasters ESPN and [...]
BT Sport strikes Virgin deal for new channels August 15, 2013 VIRGIN Media customers will now be offered access to BT’s new sports channels, after the network providers struck a deal just days ahead of the start of the Premier League season. The three-year deal – BT Sport’s first tie-up with a rival pay-TV service – will mean subscribers to Virgin’s most expensive XL package will [...]
Bottom Line: Nice move needs an end result August 15, 2013 BACK of the net! Just a fortnight after the launch of BT’s new sports channels and it’s already scored millions more potential viewers. But hang on. BT may have clinched a three-year deal to share content with one of its main pay-TV rivals, but exactly what is the telecoms group getting out of it? [...]
BT teams up with Virgin Media in football battle against Sky August 15, 2013 BT and Virgin Media have announced a three year deal that will give Virgin Media TV customers access to BT Sport TV channels (release). The deal will come into effect from this weekend, and will give Virgin Media’s 3.8m XL customers access to BT Sport 1, BT Sport 2 and ESPN. The deal will boost [...]
What the other papers say this morning – 13 August 2013 August 12, 2013 FINANCIAL TIMES Subpoenas issued over metals probe The US commodities watchdog has subpoenaed companies including Goldman Sachs, JP Morgan Chase and Glencore as it ramps up its probe into the metals warehousing industry. The subpoenas come amid a barrage of criticism in the US of activities in commodity markets. The CFTC requested documents by the [...]
Best of the Brokers for 5 August 2013 August 4, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com ROTORK Espirito Santo tells investors to “buy” shares in the manufacturing group and has a fair value of 3,050p ahead of first-half results tomorrow. The broker thinks Rotork’s shares have unfairly fallen behind the rest of the industrial sector in the year so [...]
Round one to Sky in battle with BT August 1, 2013 Communications regulator Ofcom dealt a blow to BT yesterday, ruling that it is not ready to force Sky to allow its sports channels to be shown on BT’s new TV service. The decision came on the day that BT launched its new TV sports channel, BT Sport, with presenter Jake Humphrey leading the way last night. [...]
BT splits retail division into consumer and business July 30, 2013 BT yesterday said it would split its retail division into two separate companies amid an increasingly bitter broadband war with rivals. BT Retail, which posted quarterly revenues of £1.8bn last week and represents roughly 40 per cent of the groups income, will split into two entities called BT Consumer and BT Business. John Petter will [...]