The revolution is imminent, and big Telco needs to change February 21, 2020 Complex deals. High prices. Bad service. Guess which industry I am talking about? Four old incumbents own more than 90 per cent market share, nearly nine million people pay a loyalty tax every year, and yet “industry leaders” get invited to Downing Street for tea and biscuits. The answer is telecoms. It’s front-page news: 5G [...]
Tyson Fury v Deontay Wilder 2: Heavyweight duo’s trilogy plan leaves Anthony Joshua left out in the cold February 20, 2020 They may have just one of the four heavyweight world titles between them but, 14 months after their first fight, Deontay Wilder and Tyson Fury are still the main attraction in boxing’s most popular division. Following their split-decision draw of 2018, Wilder and Fury will put their undefeated records on the line in a highly-anticipated [...]
O2 revenue rises for third year running as it beefs up customer base February 20, 2020 O2 has posted its third consecutive year of revenue and profit growth as the mobile network continued to expand its customer numbers. Revenue rose 3.8 per cent to hit £6.2bn in the year to the end of December, while operating income was up 2.3 per cent to £1.9bn. The growth was driven by a continued [...]
T-Mobile owner Deutsche Telekom forecasts slower core earnings growth February 19, 2020 Deutsche Telekom has forecast that growth in its core earnings will slow to three per cent this year after a strong end to last year, as the T-Mobile owner looks to complete a merger to create the third largest wireless carrier in the US. The telecoms firm said it expected adjusted earnings before interest, taxation, [...]
UK live entertainment sector poised for £2.3bn 5G boost February 19, 2020 The UK’s live entertainment industry could be given a boost of as much as £2.3bn over the next 10 years thanks to a raft of benefits brought by 5G, new research has revealed. Figures compiled by O2, seen exclusively by City A.M., showed consumer spending on live music and sports events could surge in the [...]
Mobile provider Three taps Cityfibre for 5G rollout February 18, 2020 Mobile operator Three today announced that it has chosen challenger broadband firm Cityfibre to help build its 5G network. The deal means Cityfibre will be Three’s preferred provider of digital infrastructure for its network outside London. The first phase of the agreement will connect the mobile company’s 5G network in 23 cities where the broadband [...]
BT unveils new flexible TV packages in bid to beef up content offering February 18, 2020 BT today rolled out a string of new flexible TV packages as it looks to flex its muscles in the increasingly cut-throat content wars. The telecoms giant has unveiled a range of subscription options that allow customers to choose the TV shows, films and sport they want, with the flexibility to change their package each [...]
MWC 2020 cancelled after coronovirus fears spark mass exodus February 12, 2020 Telecoms extravaganza Mobile World Congress (MWC) has been cancelled after fears over the coronavirus sparked a mass exodus by some of the world’s biggest tech giants. GSMA, which organises the annual conference, today said the outbreak had made it “impossible” for the event to go ahead later this month. “With due regard to the safe [...]
MWC 2020: BT and Nokia join exodus of companies over coronavirus fears February 12, 2020 BT is pulling out of the Mobile World Congress (MWC) because of the coronavirus outbreak, becoming the latest in a string of telecoms firms to say they will not attend the event in Barcelona later this month. Earlier today, Nokia and and Deutsche Telekom both said they would not be attending MWC, increasing the likelihood [...]
Court gives green light to T-Mobile’s $59bn merger with Sprint February 11, 2020 T-Mobile and Sprint were today given the green light for their $59bn (£45bn) merger after a US federal judge ruled the tie-up was legal. A group of US state attorneys general filed a lawsuit seeking to block the merger over concerns it would reduce competition and lead to higher prices. But judge Victor Marrero today [...]