Govt gives telecom giants extended deadline to boot Huawei out October 13, 2022 The government has extended the deadline for telecom giants to boot Huawei from its 5G network after concerns that it could cause major disruption. The timeframe for the likes of BT’s Openreach and Vodafone to remove Huawei equipment and services in core networks was moved 11 months from January 2023 to December. Telecoms and broadband [...]
Former Liverpool FC CEO says live sports needs to up its game to keep Gen Z’s attention October 11, 2022 Peter Moore knows a thing or two about making sport work as a business. After all, his time as the boss at videogame developer EA Sports coincided with the boom in online sports competition that still continues today. And his time running Liverpool FC saw the club win the Champions League and the Premier League, [...]
999 call handlers to strike on Thursday over BT pay row October 4, 2022 999 emergency call handlers are set to walk out for the first time this Thursday as the strike over pay for BT Group workers continues. Members of the Communication Workers Union – the union for BT workers – will be walking out on Thursday 6 October, with further strikes planned for Monday 10 , Thursday 20 and [...]
Connecting? Vodafone confirms merger talks with Three UK October 3, 2022 Vodafone confirmed it was in merger talks with Three UK this morning, setting the scene to become the largest mobile telecoms supplier in Britain. The FTSE 100 firm said it was in discussions with CK Hutchison, Three’s Hong-Kong parent company, with the view of combining the two UK arms, with Vodafone owning 51 per cent [...]
Vodafone takes crown once more as UK’s most valuable brand September 29, 2022 Vodafone has been named as the UK’s most valuable brand for the fifth year in a row, beating heavyweights HSBC and Shell to the top spot. The country’s top 75 brands are now collectively worth $282.9bn, up by one per cent year on year, the Kantar BrandZ Most Valuable UK Brands 2022 report has stated. [...]
£277m financing deal between Quintain and J.P. Morgan to provide new homes at Wembley Park September 28, 2022 A £277m financing deal between development company Quintain and investment bank J.P. Morgan Chase will provide 769 new homes at Wembley Park. 74 percent of Quintain’s two new residential buildings, expected to be completed by early 2025, will be ‘Build-to-Rent’. Shops, cafes, restaurants and a 7-acre park are also in the works. The largest construction [...]
French tycoon Xavier Niel snaps up Vodafone stake in merger push September 21, 2022 French billionaire Xavier Niel has snapped up a 2.5 per cent stake in Vodafone, sending the British telecom shares climbing this morning.
BT shares slump as brokers downgrade FTSE 100 firm September 6, 2022 BT shares slumped to the bottom of the FTSE 100 this morning after it received a scathing broker note about its investments. German investment bank Berenberg dropped the telecom stock from a Buy to a Hold, stating that it had underestimated the pressures on the UK firm. Brokers also reduced its price target to 190p from 220p. [...]
BT and Warner complete sports streaming mega-deal September 1, 2022 Warner Bros Discovery and BT completed its ambitious 50:50 tie-up this morning, marking a major moment for live sports coverage in the UK. The deal brings together BT Sport and Eurosport UK under roof, which the companies say will eventually merge to make one single brand. BT Sport and Eurosport UK said they will retain [...]
Starmer: ‘I refuse to join picket lines – because I want to be a Labour PM’ August 31, 2022 Keir Starmer refused to join rail strike pickets “because I want to be a Labour Prime Minister”. The Labour leader made his comments on Channel 5’s popular Jeremy Vine show, responding to callers as thousands of workers continue to bring the country to a halt with industrial action. Starmer previously told close cabinet colleagues not [...]