Monzo goes mobile: UK fintech debuts cell service in tie-up with Virgin Media O2 Fintech Monzo is set to launch its mobile service this summer in the firm’s latest play at diversifying its income from its traditional digital banking roots. The London-based fintech has sealed a tie-up with Virgin Media O2 and 1Global to kick off ‘Monzo Mobile’ – a phone plan and e-sim offering. Virgin will provide the UK [...]
BT bags five-year digital contract with BAE Systems Tech BT has signed a five-year deal with BAE Systems to provide secure connectivity across the defence giant’s global operations, as military contractors ramp up digital infrastructure spend. The contract will see BT support BAE’s network across 40 countries, with an option to extend the partnership by an additional three years. The deal comes as BAE, [...]
Vodafone says UK merger is ‘ahead of plan’ as boss bets on mega multi-brand strategy Telecoms Vodafone said it is “building momentum” as the telecoms behemoth pushes further into the British market following its £4.3bn VodafoneThree deal and signs of stabilisation in Germany. The FTSE 100 telecoms group reported better-than-expected annual revenue of €40.4bn (£35bn) for the year to March, up from €37.4bn last year. Meanwhile, pre-tax profit slipped slighty to [...]
BT shares dip as Ofcom probes EE and Plusnet data April 29, 2026 Shares in telecoms giant BT Group slid on Wednesday after the regulator Ofcom launched a formal investigation into whether it provided inaccurate or incomplete customer service data through EE and Plusnet. The UK watchdog said it is looking into whether BT complied with legally binding information requests issued in December 2023, under the Communications Act, [...]
Ovo sues Talktalk over failed broadband customer deal April 12, 2026 Ovo Energy has launched legal action against Talktalk over a dispute stemming from a failed broadband customer transfer, adding pressure on both companies as they battle financial challenges. The claim centres on a 2022 deal in which Ovo sold a telecoms business, originally acquired through its takeover of SSE Energy Services , to Talktalk, transferring [...]
BT bets on budget provider amid broadband customer losses November 6, 2025 BT has lost more broadband customers than expected, a sign that even its £15bn fibre rollout is struggling to retain customers from drifting to cheaper rivals. Openreach, BT’s network arm, reported a net loss of 242,000 broadband lines in the second quarter of its financial year, worse than the 205,000 analysts had pencilled in. The [...]
Virgin Media O2 and Starlink race to fix London’s connectivity crisis October 30, 2025 Virgin Media O2 has switched on its first ‘giga site’ in central London, a move aimed at improving mobile connectivity across the UK. The site, which combines low-mid and high-band spectrum with Nokia’s technology, can deliver speeds of more than 10Gbps, enough to support 2,000 simultaneous HD video streams. The move is part of the [...]
BT urges government action amid standalone 5G rollout October 2, 2025 BT has called on the UK government to remove regulatory barriers and accelerate mobile network expansion. The call comes as the FTSE 100 giant announced plans to deliver standalone 5G (5G+) coverage to 99 per cent of the UK population by 2030, four years ahead of rival operators’ stated projections. Speaking at the Connected Britain [...]
Natwest and Lloyds expect lending hit from broadband battle August 28, 2025 Natwest and Lloyds have had to brace for losses on loans as players across the broadband sector struggle against escalating competition. Lloyds Banking Group’s commercial unit set aside £25m in provisions for loans that were unlikely to be fully repaid. William Chalmers, the group’s finance boss, said the coverage was mainly due to loans in [...]
Plusnet cuts jobs as sales and profit slashed August 15, 2025 Plusnet cut more than 100 jobs as its sales and profit were slashed during its latest financial year, it has been revealed. The Sheffield-headquartered broadband provider, which is owned by BT, has posted a turnover of £342.4m for the 12 months to 31 March, 2025, down from the £401.8m it achieved in the year before. Plusnet [...]