BT to close 90 per cent of its UK offices June 5, 2019 BT Group will shut offices in more than 270 locations across UK as it seeks to cut £1.5bn in costs. The telecoms company is to slash its number of offices across the UK by 90 per cent, leaving just 30 open. In some locations, existing buildings will be refurbished while in others BT will move [...]
Shares in Kcom jump as it backs £563m Macquarie takeover bid June 3, 2019 Shares in Hull-based broadband firm Kcom have jumped more than 12 per cent after it unveiled a £563m takeover bid from investment bank Macquarie. Kcom’s board had last month said it backed an offer of 97p per share from the trustees of the Universities Superannuation Scheme (USS) pension fund. Read more: Shares in telecoms firm Kcom [...]
Firms to make it easier for mobile and broadband customers to switch June 3, 2019 Broadband, phone and pay TV companies have signed up to a string of new measures that will ensure customers are treated fairly, as regulator Ofcom continues its crackdown on poor customer service. BT, Vodafone, O2 and Sky are among the companies that have committed to helping customers get a good deal and switch providers easily [...]
How Liverpool dialled down their heavy metal football to beat Tottenham in the Champions League final June 2, 2019 Six was the magic number for Liverpool and Jurgen Klopp on Saturday night when a deserved yet unspectacular display in the stifling heat of Madrid yielded a 2-0 win over Tottenham. But while a sixth European Cup victory was the guiding motivation for all involved with Liverpool, the number also held personal significance to Klopp. [...]
Chelsea 4-1 Arsenal: Eden Hazard seals Europa League trophy before bidding Blues farewell May 29, 2019 They don’t want him to go, but if this is goodbye it’s a sweet one from Eden Hazard. He took his time, but when the chances came to shape the Europa League final it was Chelsea’s star who shone the brightest to light up a strangely subdued and distant – in more ways than one [...]
Vodafone dividend cut: which UK shares might be next? May 28, 2019 By Tom Bailey from interactive investor. Vodafone's cut might be a canary in the coalmine for FTSE 100 shares. Over the past year the market has increasingly cooled on Vodafone (LSE:VOD). The company has a long list of problems, including the high cost of 5G investment, being squeezed by competition on the continent and high [...]
Ofcom rules BT’s Openreach must give rivals greater access to broadband network May 24, 2019 Britain’s biggest telecoms firm BT will be forced to give rival networks more access to its Openreach infrastructure under proposed Ofcom rules, in a bid to encourage a faster roll out of high-speed fibre cables. Read more: Openreach to hire 3,000 new engineers for full-fibre rollout Rivals can currently only use Openreach telegraph poles and [...]
How long will luck last for Centrica’s 13% dividend yield? May 23, 2019 Times are hard and the yield screams danger, but Centrica has not cut the payout. Next results are key. The press was awash with stories predicting a nasty cut to Vodafone (LSE:VOD) dividend before it published full-year results. Few would be surprised. But BT (LSE:BT.A) kept shareholders on side by committing to its generous payout, and Centrica (LSE:CNA), one of [...]
Talktalk narrows losses as customers embrace fibre optic broadband May 23, 2019 Broadband provider Talktalk has cashed in on lower costs and customers switching to faster fibre products, narrowing its losses for the year. The London-listed company said it had restructured its customer base in recent years, which led to a slight drop in revenue, as consumers switch to fibre broadband. The figures Talktalk made a small [...]
EE and Vodafone ditch Huawei devices from summer 5G rollout May 22, 2019 EE and Vodafone have both blocked Huawei handsets from their 5G launches this summer, the telcos confirmed today, as the fallout from US accusations of spying turned radioactive. Read more: EE will be the first UK provider to offer 5G later this month They had announced the launch of Huawei’s Mate 20 X 5G smartphone when [...]