Revolving door: Kantar’s third boss in 18 months is BT CEO’s bro July 1, 2021 Kantar has tapped the brother of BT’s chief executive as its new boss, marking yet another leadership change at the media giant following its takeover by Bain Capital. The market research group today said Chris Jansen, brother of BT’s Philip Jansen, will take the reins from 1 November. The appointment comes less than 18 months [...]
BT promises wholesale price freeze in full-fibre broadband push July 1, 2021 BT has pledged to freeze prices for its wholesale telecoms customers in a bid to drive the take-up of full-fibre broadband services and fend off competition from rivals. The FTSE 100 company today said it will hold prices for up to 10 years when communications providers commit to using full-fibre wherever it is available, rather [...]
Dazn inks landmark deal to stream Women’s Champions League June 30, 2021 The Women’s Champions League will be streamed live for free around the world for the next four seasons following a landmark deal with sports platform Dazn. The streaming service, dubbed the “Netflix of sports”, has acquired the rights to the tournament from UEFA until 2025. It has also agreed a partnership with Youtube to host [...]
OneWeb scores $500m injection from India’s Bharti Global ahead of satellite launch June 30, 2021 OneWeb has received an investment injection of $500m today from business giant Bharti Global, making the Indian conglomerate the start-up’s largest shareholder. Just days after the UK space start-up inked a deal with BT, OneWeb, which currently has 218 satellites, is due to launch another 36 on Thursday. Bharti now has a 39 per cent [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 30, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. IoD’s chief economist departs for Fitch Ratings The Institute of Director’s (IoD) chief economist will step away from the role next week to become director of economics at US credit rating [...]
FTSE 100 climbs despite mounting concerns over Delta variant June 29, 2021 London’s FTSE 100 climbed on Tuesday despite mounting concerns over the spread of the Delta variant of coronavirus. The capital’s premier index rose 0.39 per cent to 7,100 in afternoon trading. The gains come as data from the Bank of England shows households recorded positive net consumer borrowing for the first since August, fuelling hopes [...]
Oneweb and BT ink deal for rural broadband rollout June 28, 2021 Oneweb and BT have inked an agreement to use satellites to help roll out broadband in the most remote rural areas across the UK. The two companies have signed a memorandum of understanding to explore how satellite technology could be used to beam internet services to rural areas that are too difficult or expensive to [...]
Former BT executive Leslie Winnister locked up for life for killing wife of 40 years June 25, 2021 A wealthy former BT executive who killed his wife of nearly 40 years after becoming paranoid she was having an affair with the handyman has been locked up indefinitely. Leslie Winnister, 69, had “lost touch with reality” when he attacked 66-year-old Suzanne Winnister at their home in Bexley, Kent, on 8 September last year, the [...]
EE to bring back Europe roaming charges after Brexit June 24, 2021 EE will reintroduce additional roaming charges for customers who use their phones in Europe from next year, despite promises not to hike fees after Brexit. Users will be charged a new flat fee of £2 a day when roaming across 47 European destinations, which will cover their plan’s data, minutes and texts allowance. The changes [...]
Murdoch’s News UK ‘held talks’ over BT Sport tie-up June 22, 2021 Rupert Murdoch’s News UK is said to have eyed up a partnership with BT’s TV division as the mogul looks to secure the future of his media empire. News UK, which publishes The Sun and The Times titles, held talks with the telecoms giant over a potential tie-up with BT Sport. Bankers from Lazard were [...]