BT hires new managing director to head up digital transformation unit ‘Division X’ January 13, 2022 BT today announced the appointment of Marc Overton as Managing Director of its newly created ‘Division X’ unit, which forms part of its Enterprise business.
DAZN close to finalising BT Sport takeover in $800m deal January 12, 2022 Sports streaming service DAZN is edging closer to finalising a deal to snap up BT Sport in an $800m deal. Bosses are preparing to ink a deal as soon as this month, four sources familiar with the matter told the Reuters news agency. The acquisition would give DAZN access to the highly-desired rights English Premier [...]
BT engineers new digital network infrastructure for robotics firm ABB January 12, 2022 BT today announced it is working with robotics company ABB to elevate its international communications infrastructure.
City Moves: Who’s switching jobs in the Square Mile this week? January 11, 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. Moorhouse Management consultancy Moorhouse has appointed a new managing partner, who will focus on supporting the growth of its portfolio, which includes the Health, Financial Services, Energy and Life Science industries. Richard Brackstone, who had previously spent [...]
Former BT chief Du Plessis selected to take over as audit watchdog chair December 21, 2021 Jan du Plessis, the former Chairman of BT as well as a host of FTSE 100 companies, has been selected as chair of the UK's audit watchdog.
Three and EE to bring 4G to Tube network December 21, 2021 Mobile operators Three and EE have announced a partnership to bring 4G and 5G connectivity to the whole Tube network. “Three is delighted to be part of bringing even more connectivity to our customers in London,” said Three’s chief executive Robert Finnegan. “They will be able to enjoy smooth streaming, phone calls underground and continued [...]
Ashes: Five things we’ve learned from Test two, day four December 19, 2021 It’s been a wild ride watching England in the second Ashes Test these last few days, but not in an exciting “we might do it” kind of way. The disappointment has been palpable, but not surprising, and on day four England began the task of chasing more than 450 runs. At the end of play, [...]
Netflix challenges broadband fees for big tech companies December 19, 2021 Netflix has attacked plans that would let broadband giants charge tech companies for access to their networks.
Outlook 2022: UK equities December 16, 2021 The UK holds many mispriced opportunities for stockpickers. Pick-up in M&A activity is striking. Stock market fit for the future. Sue Noffke, Head of UK Equities: UK shares remain cheap because of the perceived significant political and economic risks of Brexit, which continue to linger and depress the valuation of the UK stock market. We [...]
French tycoon Drahi mulls US IPO for Sotheby’s auction house December 15, 2021 Patrick Drahi is reportedly eyeing up a potential listing for Sotheby’s, just over two years after the billionaire telecoms tycoon and art collector snapped up the renowned British auction house in a $3.7bn deal. Drahi has been exploring the prospect of floating Sotheby’s in the US as soon as next year during discussions with potential [...]