Auditors flag unusual accounting for TalkTalk as consolidation remains up in air September 6, 2022 Auditors have flagged a series of unusual accounting practices for broadband giant TalkTalk. According to the firm’s annual report, which was obtained by The Telegraph, TalkTalk’s auditors Deloitte said in a reasonable worse case scenario the firm would only be able to meet the covenants on its debt by excluding more “exceptional items” from everyday [...]
Government pushes forward with plans to simplify broadband ‘social tariffs’ for struggling households August 14, 2022 Broadband bills could be cut for millions of low-income households under new plans to encourage ‘social tariffs’.
Commuter numbers into City of London nearly double with Wednesdays and Thursdays busiest August 12, 2022 Commuter numbers into the City of London have nearly doubled since last year and the lifting of Covid-19 restrictions in England, according to new data from mobile operator O2. The network said the data – which it gathered based on connections to O2 mobile masts in major commuter, hospitality and retail hubs – had found [...]
Virgin Media O2 posts improved profitability as prices rise across the board July 28, 2022 Virgin Media O2 has posted a return to revenue growth and improved profitability during the second quarter as the telecom giant turns to price rises.
Telecom giants agree new cost of living plan amid rocketing prices June 27, 2022 The UK’s biggest broadband and mobile operators have agreed to a raft of new commitments to further help customers with the rising cost of living following a government-led summit at No 10 Downing Street.
Dorries set to meet with telecom giants to talk about cost of living strategy June 21, 2022 Culture Secretary Nadine Dorries has called on Britain’s biggest telcos firms to discuss the cost of living crisis. According to reports by Mark Kleinman for Sky News, BT Group and Vodafone have been invited to discussions with Dorries. A Whitehall source told the publication that the minister would be challenging the companies on how they [...]
Virgin Media O2 says investors on track to receive £1.6bn payout in 2022 May 11, 2022 British telecoms giant Virgin Media O2 confirmed it is on track to fork out £1.6bn to its shareholders this year.
Battle of the telcos: BT fails to block Virgin Media’s title as fastest broadband May 4, 2022 BT has failed in its bid to stop Virgin Media from claiming to be the faster broadband provider this morning as the battle of the telcos rages on. The world’s oldest telecommunications firm put in a complaint to the advertising watchdog about Virgin Media claiming to be the “UK’s fastest major broadband provider” in a TV ad and on its website. [...]
Virgin Media O2 launches all-in-one streaming service despite Netflix subscriber woes April 26, 2022 Virgin Media O2 gives streaming services a vote of confidence with the launch of its new entertainment service, Stream, despite concerns that streamers are losing their sparkle. The service will offer customers a new way to bring together their favourite TV channels, video apps and streaming subscriptions all in one place, with a small plug and play [...]
Sky launches discount broadband following Ofcom pressure April 12, 2022 Sky is the one of the latest broadband providers to launch a discounted rates for low-income customers, following ongoing pressure from Ofcom.