BT share price opens lower, despite dividend lift October 30, 2014 Investors saw BT's decision to spend £2bn on securing exclusive rights to Premier League and Champions League games for its new sports channels as a gamble, but it looks as thought it might have paid off. This morning the company raised its dividend by 15 per cent to 3.9p as it reported Premier League audiences [...]
BSkyB sees off BT with profit and revenue rise in first quarter October 16, 2014 BSkyB has reported a good start to its financial year after ear-marking £5.3bn for Sky Deutschland and Sky Italia with a rise in revenue, profit and subscribers in the first quarter, slightly ahead of expectations. The British broadcaster increased revenue by six per cent to £1.9bn for the three months to September 30, with operating [...]
Hermes gets a head spin with a BT Tower soiree September 16, 2014 Owned by the BT pension fund, you’d think Hermes Investment Management would have free rein in the telecoms giant’s famous tower, but last night the firm had only its second event there ever. It’s inaugural autumn party gave employees (and The Capitalist) a chance to enjoy the views and celebrate Hermes’ recent rebrand. “I remember [...]
Scottish independence: BT, TalkTalk, EE, Telefonica, Vodafone and Three warn of increased costs if Scots vote Yes September 14, 2014 Six of Britain's leading telecoms companies are the latest to warn of potential price rises if Scotland votes Yes to independence. The chiefs of BT, TalkTalk, EE, Telefonica UK, Vodafone UK and Three UK have issued a joint letter warning that the uncertainty around regulation and spectrum allocation, which mobile networks use to operate, could [...]
The game that matters… BT Sport reaches for the Sky – Brand Index August 19, 2014 Following on from my column last week covering the home broadband market, I analyse another area in which BT has expanded in to – live broadcasts of Premier League matches. Clubs are making the most of the massive money they receive from TV in order to bolster their squads. The two main domestic football broadcasters, [...]
More pubs than ever are picking BT Sport over rival Sky Sports August 17, 2014 More pubs now subscribe to BT Sport than Sky Sports, according to the former state monopoly, as its £2bn investment in building a sports TV empire continues. In May, BT said more than 19,000 pubs, clubs and commercial properties had signed up for its sports service, putting BT neck-and-neck with Sky Sports, BT’s consumer division [...]
BT share price creeps up as demand for fibre drives growth July 31, 2014 BT posted better-than-expected first quarter results yesterday on the back of growing demand for fibre. However, it received a tepid 0.15 per cent share price rise as investors waited to see how the Bo bets on sport and mobile play out. Revenue at the group rose just 0.5 per cent on a like-for-like basis to [...]
BT One Phone puts BT back in mobile business July 17, 2014 BT is ambitiously launching itself back into the competitive mobile market with its One Phone mobile business service after escaping more than a decade ago when it sold off O2. The cloud-based service connects the landline and mobile calls of business users using a BT sim card. It means calls to numbers for office landlines [...]
BT set to launch mobile offering for businesses July 14, 2014 Telecoms giant BT will this week start paving the way for a re-entry to the consumer mobile phones market when it launches a mobile offering targeting its existing 900,000 small and medium-sized business (SME) customers. BT yesterday sent out invites for Thursday’s event at the BT Tower where it will reveal pricing and packages for [...]
Supreme Court ruling in favour of BT ends dispute over 08 charges July 9, 2014 BT was boosted yesterday by winning a court ruling over the price it is able to charge mobile operators for connecting calls to fixed-line 08 numbers. The Supreme Court found in favour of BT’s right to set prices for termination charges for mobile calls to non-geographic 08 numbers, bringing to a conclusion years of disputes [...]