BT’s Warner tie-up screams streaming opportunity for investors May 12, 2022 BT confirmed its new sports joint venture with Warner Bros Discovery for the UK and Ireland this morning, shifting focus away from its mediocre results and onto a brighter future.
The City View: Subpar UK economic figures, and more rate hikes to come May 12, 2022 Today Andy Silvester talks to City A.M.’s Economics and Markets reporter Jack Barnett. They go through the gloomy economic figures released by the ONS this morning measuring the economy’s performance, and explain what this will mean for rate hikes going forward. And in the news: BT has confirmed a joint sports venture with Warner Bros [...]
BT teams up with Warner Bros for new sports venture in UK and Ireland May 12, 2022 BT Group has agreed to form a new sports joint venture with Warner Bros Discovery in the UK and Ireland. The telecoms giant confirmed the deal as it also reported that trading is “on the right track” despite a dip in revenues for the past year. In February, BT said it was in exclusive negotiations [...]
Virgin Media O2 says investors on track to receive £1.6bn payout in 2022 May 11, 2022 British telecoms giant Virgin Media O2 confirmed it is on track to fork out £1.6bn to its shareholders this year.
Wings over the world as Blackbird flies high with unique technology May 9, 2022 It might be said that it was only a matter of time before London-based Blackbird plc won a Queen’s Award for Enterprise. Afterall it is a company that the world seems increasingly to need and as a consequence is growing rapidly, especially overseas, particularly in America. In the last year Blackbird has won a raft [...]
It’s wait and see for investors ahead of BT results this week May 9, 2022 Analysts in the City will be waiting nervously to see whether the cost-of-living crisis has seen an exodus in subscribers from telecoms giant BT when the company reveals its results on Thursday. US streaming rival Netflix said recently its own subscriber base had suffered as households cut back and investors in BT are hoping similar [...]
Forget a windfall tax, our pension funds need to give up their fossil fuel addiction May 6, 2022 Yesterday, Shell reported their highest ever quarterly profits after raking in $9.13bn. Only days before, BP had similar results, with the largest earnings in more than a decade. Even if you didn’t know much about the industry, with the surging price of oil and gas, you could have easily predicted this. Indeed, many politicians did, [...]
Battle of the telcos: BT fails to block Virgin Media’s title as fastest broadband May 4, 2022 BT has failed in its bid to stop Virgin Media from claiming to be the faster broadband provider this morning as the battle of the telcos rages on. The world’s oldest telecommunications firm put in a complaint to the advertising watchdog about Virgin Media claiming to be the “UK’s fastest major broadband provider” in a TV ad and on its website. [...]
Going Dutch: Harry and Meghan a sensation in Holland as Invictus Games begin in The Hague April 16, 2022 Prince Harry and his wife Meghan have arrived in the Netherlands among great attention from the Dutch press and public, turning into somewhat of a media sensation in Holland this Easter weekend. The Duke and Duchess of Sussex will both speak on stage at the Invictus Games opening ceremony later. Harry and Meghan are set [...]
Sky launches discount broadband following Ofcom pressure April 12, 2022 Sky is the one of the latest broadband providers to launch a discounted rates for low-income customers, following ongoing pressure from Ofcom.