Vodafone expands full-fibre network with Openreach deal November 11, 2019 Vodafone is set to expand its full-fibre broadband network to three new UK cities after signing a new commercial deal with Openreach. Customers of the telecoms firm will be able to access the superfast network in Birmingham, Bristol and Liverpool from spring 2020, taking its total reach to 15 UK towns and cities. Read more: [...]
Keep an eye on these shares during General Election November 8, 2019 The UK is holding a general election on 12 December. All the political parties are keen to return discussion to domestic policies after years of neglect because of Brexit, but the UK’s proposed departure from the EU will continue to dominate the debate. Still, whichever party wins (or parties, if it results in a hung parliament) [...]
BT shares fall as Virgin Media ditches telco for Vodafone network November 6, 2019 Virgin Media is leaving BT’s mobile network for rival Vodafone from late 2021, in a five-year deal that will give its customers access to new services including 5G. Under the deal, Vodafone will supply wholesale mobile services including voice and data to over three million Virgin Mobile and Virgin Media Business customers until 2026. Read [...]
O2 steps into 5G driverless car testing in London as it grows mobile customer base November 5, 2019 O2 will have a hand in an ambitious project to trial driverless cars on London roads, using its 5G network to help test the vehicles in Greenwich. The mobile phone network, which this morning announced it had hit 34m customers following its 5G rollout last month, said using the technology on the roads could reduce [...]
Galliford Try joins the Winters of discontent October 31, 2019 Standard Chartered, Lloyds Banking Group, Aviva and BT Group: even the Investment Association (IA) must have been surprised by the rich seam of targets it uncovered when it launched a campaign to curb the lavish pension perks enjoyed by the chief executives of listed companies. A quarter of FTSE 100 bosses have seen their pension [...]
Why the Rugby World Cup could force up player wages and bring legal challenges to the sport’s salary cap October 31, 2019 When Japan and South Korea hosted football’s World Cup in 2002, it precipitated a significant increase in Asian investment in the sport. Takeovers of high-profile European clubs followed, as did multi-million pound Asia-only sponsorship deals with star players. With the first Rugby World Cup to be held in Asia about to conclude, this milestone could [...]
BT boss Philip Jansen says full-fibre rollout should be ‘top priority’ for next government October 31, 2019 BT’s new chief executive, Philip Jansen, has urged the next government to put a full-fibre rollout at the very top of its to-do list as he warned the UK is growing hungrier for data. While British homes currently have just five connected devices, BT predicts that number will soar to 100 within just five years [...]
BT keeps dividend alive despite heavy network spending October 31, 2019 BT kept its dividend alive despite a hit to earnings and revenue in the first half of new boss Philip Jansen’s first financial year due to hits from regulation and legacy product declines. The telco posted a flat profit and interim dividend as it pushes to try and roll out fibre broadband to 4m premises [...]
The UK has a vital role to play in leading the global fourth industrial revolution October 28, 2019 For nearly a year, my mayoral programme – Shaping Tomorrow’s City Today – has promoted UK innovation and technology, addressed social and digital exclusion, and championed digital skills. And during my recent business delegation visit to Kenya, I saw the great potential that technological innovation offers to individuals and communities seeking financial empowerment. Over the [...]
Twitter goes bonkers over Innocent’s fake conkers drink October 23, 2019 Smoothie maker Innocent, famous for its playful advertising, has been forced to warn people not to eat conkers after putting out an advert for a fake autumnal drink. The company’s promotion of a new range of Innocent nut milks backfired when it included a seasonal addition of conker-based milk, telling customers: “Your taste buds are [...]