TalkTalk takings up despite user exodus February 7, 2012 TALKTALK upped its full-year profit guidance and raised its expected earnings per share yesterday despite continuing to haemorrhage customers throughout its third quarter. The former Carphone Warehouse subsidiary shed 43,000 net broadband accounts in the period, leaving TalkTalk with around 4m customers. This year has seen the telecoms group fined £3m and ordered to pay [...]
BT Openreach cost could be capped further by Ofcom February 6, 2012 BT HAS spoken out against regulations suggested to the European Commission by media watchdog Ofcom which would see the wholesale broadband provider’s prices further capped. This marks the third time Ofcom has regulated rental costs for BT Openreach, which dominates the wholesale broadband line rental market. As they currently stand in draft form, the changes [...]
Everything Everywhere could thrash rivals in bringing 4G to British shores January 15, 2012 ORANGE and T-Mobile customers could be the first to welcome the next generation of mobile network to the UK, despite Ofcom’s recent refusal to guarantee the service providers a section of the new 4G airwaves. Everything Everywhere, the combined Orange and T-Mobile networks, has applied to communications regulator Ofcom for permission to upgrade its current [...]
Ofcom plans to auction off 4G airwaves January 12, 2012 EVERYTHING Everywhere may lose out when 4G mobile bandwidth comes to the UK later this year due to Ofcom proposals set out yesterday, which would see the next generation of mobile coverage reach 98 per cent of the population. Ofcom will auction off the new airwaves in late 2012 for an expected figure of £3bn, [...]
CBI: Comms sector is key for UK January 11, 2012 The government must ensure that Britain’s communications sector continues to expand both at home and abroad, the CBI will urge today. Ofcom should “promote the UK communications sector in international markets”, the CBI will state, while suggesting that BBC Worldwide becomes “a key facilitator and partner of smaller content providers seeking opportunities abroad.” The communications [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 5, 2012 FINANCIAL TIMES NEW CLASHES BREW OVER TOBIN TAX Britain and France are set for another European clash as Paris attempts to frame a new Eurozone financial transaction tax in a way that is likely to have a significant impact on the City of London. President Nicolas Sarkozy of France wants to include the so-called Tobin [...]
Ofcom drops TV ads review December 15, 2011 British media regulator Ofcom has decided not to refer the television advertising trading market for a full competition review after finding that the system was functioning properly, it said yesterday. Ofcom had in June opened a consultation on whether the way TV advertising was bought and sold could restrict competition.
CITY MOVES | WHO’S SWITCHING JOBS December 15, 2011 Smith & Williamson Finbarr O’Connell, the former managing partner of turnaround specialist Re10, has joined the accountancy and investment management group as a director, bringing the total number of staff in the restructuring and recovery team to 70. O’Connell is a past president of the Insolvency Practitioners’ Association and has 25 years’ restructuring and turnaround [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 6, 2011 FINANCIAL TIMES BOURSES VIE FOR TIE-UP WITH KAZAKH EXCHANGE The London Stock Exchange and Russia’s two main exchanges are vying to secure a strategic partnership with the Kazakhstan Stock Exchange as the bourse becomes the latest play on the central Asian country’s huge natural resources. The manoeuvring comes as the Kazakh exchange is preparing for [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 1, 2011 FINANCIAL TIMES BIG AREAS STILL LACK 3G, SAYS OFCOM Nearly 90 per cent of the UK’s land mass and a quarter of buildings are unable to receive all five 3G phone networks a decade after the introduction of the mobile licences, according to the telecoms regulator. In its first report on the UK’s communications infrastructure, [...]