City Moves: Who’s switching jobs in the Square Mile this week? March 10, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Field Renewable energy storage company Field has announced a flurry of senior hires. Elspeth Vincent, who joins the London-based firm as general counsel, brings over a decade of legal experience to the role. While Ben Saward joins [...]
Bango revenue jumps over a third as it eyes new high growth sectors like crypto March 8, 2022 Mobile commerce technology company Bango, which works with clients including BT and Verizon, has secured a full-year revenue which its CEO has hailed as “ahead of expectations”. Revenue jumped more than a third in the year to 31 December to $20.7m, up from $15.7m in 2020. Bango, which now has services available to marketers on [...]
EE teams up with Nokia to boost network coverage on 200 UK streets March 7, 2022 EE has deployed 200 mobile radio cells across its UK network to boost capacity in high demand areas, allowing customers to benefit from download speeds up to 300Mbps. Small cells help provide better coverage for customers at street level, where it’s often impractical to build larger sites, and 300Mbps can be quantified as downloading a movie [...]
World’s blue-chips ditch Russia as West ramps up efforts to freeze out Moscow March 2, 2022 More of the world’s top companies are pouring out of Russia as the West ramps up efforts to freeze Moscow out of the global economy. Despite the exodus, French energy firm Total bucked the trend by announcing tepid measures today, stating it will keep doing business in Russia, but not invest in new projects. The [...]
Britain’s richest man foots bill as Dazn faces $1.3bn in losses February 23, 2022 Sir Leonard Blavatnik is patching losses for sports streaming company Dazn which hase reported a $1.3bn shortfall for 2020.
Why sport is taking over terrestrial TV airwaves again February 21, 2022 If you’ve turned on your subscription-free, Nadine Dorries-unfriendly, terrestrial TV recently you may have been transported back to a time when moustachioed behemoths like Dickie Davies and Des Lynam ruled the afternoon airwaves – for we again live in an era of live, free-to-air sport. Of course, you may not have noticed. Sky and BT [...]
BT and EE set to hire 1000 new call centre staff by April February 21, 2022 BT and EE have launched a new recruitment drive to hire 1,000 UK based contact centre staff by April 2022. The roles will be across 24 sites nationwide including contact centres in Warrington, Doncaster and Sheffield and with the aim to fill all the roles by April. The new roles are part of a multi-million [...]
Avanti’s deadline closes in on £110m debt February 20, 2022 Satellite operator Avanti Communications is gearing up to repay its $150m (£110m) debt after the struggling broadband provider negotiated an extension. According to the Telegraph, the deadline for repayment is now February 28 after the British satellite communications firm raised millions of pounds in bonds to fund its satellite launches to reach the most remote [...]
Blavatnik’s firm pumps $4.3bn into sports media group DAZN February 19, 2022 Billionaire investor Sir Len Blavatnik has announced a $4.3bn capital injection into sports media firm DAZN as the firm eyes an expansion into betting, gaming and NFTs.
Ofcom calls on broadband firms to provide low income homes with support packages February 15, 2022 Ofcom has called on all broadband companies to better support low income households, suggesting the use of “social tariffs” across the board. These special discounted broadband packages are available to an estimated 4.2 million households in receipt of Universal Credit. However, only 55,000 homes have taken advantage of these discounted rates so far – just [...]