Vodafone to bring more 5G trials to London from October this year June 21, 2018 Vodafone will launch its own 5G trials in seven cities across the UK, including London, towards the end of this year. Customers in Birmingham, Bristol, Cardiff, Glasgow, Liverpool and Manchester will also be able to try out the new spectrum when trials are rolled out between October and December. Infrastructure work is already being completed [...]
Trinity Mirror merger with Daily Express owner Northern & Shell cleared by culture secretary Matt Hancock June 20, 2018 Trinity Mirror’s acquisition of Daily Express and Daily Star owner Northern & Shell Media Group has been cleared by culture secretary Matt Hancock. A £127m deal for Reach Plc, the new name for the Trinity Mirror, to buy the Express owner was reached in February 2018, but has been subject to two regulatory probes since [...]
BT’s investors lost faith in Gavin Patterson June 11, 2018 When BT announced last month that it would cut 13,000 jobs, many wondered if it would in fact end up as 13,001. Investor patience had been wearing thin, and chief executive Gavin Patterson had been standing on thin ice for a while. From a peak of nearly 500p in November 2015, BT's share price has [...]
BT chief executive Gavin Patterson will step down this year as chairman says there is ‘a need for a change of leadership’ June 8, 2018 BT Group chief executive Gavin Patterson will step down at the end of the year, with a search now underway to find his successor. The telecoms giant expects to have its next chief executive in place by the second half of the year, with Patterson continuing to serve as chief executive until then. Read more: [...]
Culture minister Matt Hancock confirms Sky-Fox deal can proceed as long as Sky News is divested June 5, 2018 Culture secretary Matt Hancock has confirmed that the Sky-Fox merger can go ahead, as long as Sky News is divested to Disney or another firm. If an “acceptable form of remedy” can be found, the minister said he would wave it through. Hancock said he agreed with the Competition and Markets Authority (CMA) that there [...]
Culture minister Matt Hancock confirms Sky-Fox deal can proceed as long as Sky News is divested June 5, 2018 Culture secretary Matt Hancock has confirmed that the Sky-Fox merger can go ahead, as long as Sky News is divested to Disney or another firm. If an "acceptable form of remedy" can be found, the minister said he would wave it through. Hancock said he agreed with the Competition and Markets Authority (CMA) that there [...]
Royal Mail faces regulator Ofcom fines threat after blaming industrial dispute for missing service targets May 11, 2018 Royal Mail today blamed a bitter spat with postal workers for failing to meet its annual quality of service targets. Postal regulator Ofcom, which said it was “concerned that Royal Mail has fallen short” will now consider whether to slap it with fines of up to 10 per cent of “relevant turnover”. Last year Royal [...]
Digital Innovators: three life changing companies leading the way in the technology sector May 8, 2018 The way society lives tomorrow is changing today, as companies find new and exciting ways to apply technology to the world’s problems. Consumers can now check their bank account, book a holiday, and buy new furniture using their smartphone during the morning commute. With voice-powered assistants at home, and AI-powered, data-driven tools at work, the [...]
Runners and riders: Who will replace Mark Carney as Bank of England governor? May 8, 2018 The Bank of England will this week reveal its latest monetary policy decision, with investors having performed an abrupt u-turn on their bets it will raise rates. Investor bets indicate a probability of only seven per cent for a May hike, compared to an implied probability of more than 71 per cent at the end [...]
UK expected to lag behind US and China in race for 5G connectivity April 9, 2018 The UK and Europe are likely to lag behind the likes of the US and China in the race to roll out 5G connectivity, new research published today has shown. Technology research group CCS Insight predicted that the US could roll out 5G as soon as 2018, while China will establish itself as a leader [...]