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 [...]
Goldman-backed Neyber set to be rescued by rival Salary Finance March 1, 2020 The Goldman-Sachs backed lender Neyber will reportedly sell its assets to rival Salary Finance. Neyber is expected to appoint administrators this week, according to Sky News reports. The consumer finance provider will offload its assets including its blue-chip customer contracts to Salary Finance. Sky News sources said the deal was almost certain to happen in [...]
Salesforce promotes former BT chief in management shake-up February 26, 2020 Salesforce has promoted former BT chief executive Gavin Patterson to a top role as part of a wider shake-up of its management team. Patterson, who joined the business software firm in September last year, will now serve as president and chief executive of Salesforce International. He will be based in Salesforce’s UK headquarters in the [...]
Outsourcing giants to discuss contracts reform with Whitehall officials February 24, 2020 The country’s biggest outsourcers will hold Whitehall talks with top civil servants to discuss changes to the public sector’s procurement process. Twenty chief executives – from companies such as BT Group, Capita and G4S – will meet with civil service chief executive John Manzoni tomorrow. City sources told Sky News the meeting will address “new [...]
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 [...]