Vodafone raises dividends as it predicts better things to come May 17, 2016 Vodafone's share price rose in early trading this morning, after the telecoms giant reported further declines in its final results for the year – but forecast a turnaround to come in 2017. The figures Group revenues fell three per cent to £40.9bn in the 12 months to 31 March, while group services revenues dropped 3.5 per cent to £37.2bn. Organic revenues [...]
Fantasy football: Can BT’s dreams of boosting growth come true? May 7, 2015 The telecom’s move into TV sports gained credibility from its £900m deal to broadcast the Champions League, but it is not without problems BT BOSS Gavin Patterson didn’t waste any time in making his presence felt at the top of the FTSE 100 company when he was appointed chief executive in 2013. Just two months [...]
BT share price edges down as Ofcom outlines measures to open fibre networks May 15, 2015 Shares in BT opened almost one per cent lower at 461.65p this morning, after it was revealed regulator Ofcom could force it to open some of its fibre-optic lines to rivals. However, these falls were later clawed back, with shares trading at 463.9p, 0.24 per cent down, an hour later. The regulator said the measures [...]
BT share price up after profits rise 14 per cent May 7, 2015 BT’s share price has risen half a per cent, after the company revealed a 14 per cent jump in pre-tax profits, which rose to £2.6bn for the 12 months ending 31 March. The figures Despite the headline rise in profit, BT’s revenue fell two per cent to £17.9bn for the year and £4.6bn for the [...]
BT and Williams Martini Racing close to inking tech partnership April 21, 2015 LUIS Alvarez, the boss of BT Global Service, was revving up for the telecoms giant’s new partnership with the Williams Martini Racing Formula One team yesterday. The pair worked together on a pilot scheme last season and now plan to collaborate in the spheres of communications expertise, technology and consulting services. The benefits of the [...]
TalkTalk chief Dido Harding pushes to split BT and Openreach as profit rises May 14, 2015 TalkTalk boss Dido Harding renewed her calls for the regulator to force BT to sell its telecoms network division Openreach yesterday, and said more competition in the market would lead to further investment. Harding made the comments while discussing TalkTalk’s results for the year to 31 March, which showed a 3.2 per cent rise [...]
Best UK mobile network: EE is the fastest mobile operator but Three is the most reliable as rivals Vodafone and O2 lag behind in new study February 10, 2016 EE has retained its crown as the UK's best mobile operator, but Three has beaten it when it comes to reliability, a fresh ranking reveals. When EE, Three, O2 and Vodafone were put to the test in a nationwide assessment of the operators’ speed, reliability, calls, internet, text and overall performance, EE shone brightest in five of [...]
Gallery: When Muhammad Ali came to London — rarely seen pictures of “The Greatest” in the Big Smoke June 4, 2016 Muhammad Ali's global status and following is illustrated in the long list of locations to stage his fights that stretches far beyond heavyweight boxing's traditional orthodoxy of Las Vegas casinos or New York's Madison Square Garden. From Bavaria to the Bahamas, from the "Thrilla in Manila" to "The Rumble in the Jungle" in Zaire, Ali's [...]
EE boss Olaf Swantee: Hacking activity has increased since TalkTalk attack came to light November 12, 2015 It's not just ironing out the details of the coming takeover from British telecom giant BT, scheduled for March next year, that’s keeping EE chief executive Olaf Swantee busy. The mobile operator EE, – created in a 50:50 joint venture between Deutsche Telekom and Orange SA in 2010 – has had to fend off an increased [...]
Why it’s time for Ofcom to red card the rising cost of watching live football on TV November 17, 2015 The ever-increasing cost of watching Premier League matches on live TV is hitting fans where it hurts. UK fans pay at least twice as much to watch half the games as fans in Europe. In Germany, France, Spain and Italy, all their live games are available to watch at a much lower cost than in [...]