BT ‘to slash executive pensions’ in pay shake up March 6, 2020 BT is reportedly set to cut its top executives’ pension allowances and link their bonuses to sustainability targets, as part of an executive pay shakeup by the telecoms giant. BT has started the latest phase of a shareholder consultation including a proposal to slash chief executive Philip Jansen’s maximum remuneration package from £8.3m to £5.6m, [...]
Huawei is uniting Tory backbenchers – but can they win over Saj? March 4, 2020 What Brexit put asunder, Huawei appears to be joining. Yesterday morning, former Tory leader Iain Duncan Smith led a debate about the Chinese firm’s involvement in the UK’s 5G infrastructure. He was joined by plenty of Conservative MPs you might expect – fellow Leavers David Davis, Bob Seely and Owen Paterson – and plenty of [...]
Global signs outdoor advertising deal with BT March 4, 2020 Media group Global today said it has inked a deal with BT to operate outdoor advertising on the telecoms giant’s street furniture across the UK. The new three-year deal covers print and digital advertising across the network, which includes 17,500 traditional telephone boxed, 500 payphone and 500 digital street units. The agreement will also cover [...]
MPs urge Johnson to ditch Huawei deal March 4, 2020 MPs will today urge the government to drop Huawei’s involvement with the UK’s 5G network, amid growing concerns surrounding the Chinese firm. A cross-party group of around 40 MPs will today call on the Prime Minister to pedal back on his controversial decision to grant the Chinese state-subsidised firm permission to supply equipment to more [...]
Premier League broadcasting: What does Amazon’s initial success with Prime Video mean for the market? March 3, 2020 Amazon broadcast its first live football matches in December, showing 20 Premier League games to subscribers on its Prime Video platform. The decision to make a first foray into the sector was a brave, albeit relatively small, one for the US retail giant. Now that the dust has settled, it looks increasingly like an intelligent [...]
Sky confirms Disney Plus deal as it ramps up streaming war chest March 3, 2020 Sky today confirmed it has signed a multi-year deal with Disney Plus to make the nascent streaming service available to its pay-TV customers. The deal means Disney Plus will be fully-integrated on Sky Q, while Now TV subscribers will be able to access the service in the coming months. Disney Plus, which launches in the [...]
Streaming firm Dazn looks to shake up sports market with UK launch March 2, 2020 Streaming platform Dazn is set to expand to more than 200 countries, including the UK, as it looks to break the stranglehold of traditional broadcasters over sports rights. London-based Dazn, dubbed the “Netflix of sports”, currently operates in nine countries but has yet to break into the UK market, which is dominated by Sky and [...]
Nokia replaces chief executive as 5G strategy fails to win over investors March 2, 2020 Nokia today announced plans to replace its chief executive as the Finnish telecoms firm battles escalating 5G costs and fierce competition from rivals. Rajeev Suri will step down as president and chief executive after more than a decade in the role, and will be replaced by Pekka Lundmark. Lundmark, who currently leads Finnish energy company [...]
Hungary for UK growth March 2, 2020 Last Friday, after four years, I stepped down as the ambassador of Hungary to the Court of St. James’s. I arrived just days before the Brexit referendum — a referendum that, of course, shaped almost everything I did in the role here. It became apparent that the two priorities for me would be the representation [...]
Sky closes in on bumper £300m Six Nations broadcasting deal March 1, 2020 Sky is said to be closing in on a £300m deal for the broadcast rights to the Six Nations in a controversial move that could wipe the rugby tournament from terrestrial TV. The tender process for the new broadcasting contract is set to close when this year’s tournament wraps up on 14 March, with Sky [...]