BT offloads £80m legal software arm Tikit as sell-off continues March 25, 2020 BT today said it has sold its legal software division Tikit as the telecom giant’s transformation plan picks up pace. Tikit, which provides lawyers with software for time recording and case management, has been acquired by UK software firm Advanced. Financial details were not disclosed, but the business is reportedly valued at £80m. The sale [...]
BT in talks to sell French business to Computacenter March 24, 2020 BT today said it is in exclusive discussions to sell its French business to British IT services and consulting firm Computacenter. The telecoms giant’s French division, which manages and maintains IT and network infrastructure, pulled in revenue of roughly £104m last year. The companies did not disclose the value of the deal. The move marks [...]
Sir Ian Cheshire to join BT as non-executive director March 15, 2020 Former head of department store Debenhams Sir Ian Cheshire is on the brink of being named as a non-executive director at telecoms giant BT. Sky News reported that Sir Ian’s appointment could be announced as early as this week, in a boardroom coup for Britain’s largest telecoms firm. Sir Ian, who currently chairs Barclays’ UK [...]
Mobile networks reach compromise over rural mast-sharing plans March 8, 2020 The UK’s mobile networks have signed off on a deal to banish so-called signal not spots in rural areas, despite squabbling over how to split the costs of the venture. Chancellor Rishi Sunak is set to unveil the £1bn agreement in the Budget on Wednesday as part of a plan to improve 4G coverage across [...]
BT ‘to slash executive pensions’ in pay shake up March 6, 2020 BT is reportedly set to cut its top executives’ pension allowances and link their bonuses to sustainability targets, as part of an executive pay shakeup by the telecoms giant. BT has started the latest phase of a shareholder consultation including a proposal to slash chief executive Philip Jansen’s maximum remuneration package from £8.3m to £5.6m, [...]
Global signs outdoor advertising deal with BT March 4, 2020 Media group Global today said it has inked a deal with BT to operate outdoor advertising on the telecoms giant’s street furniture across the UK. The new three-year deal covers print and digital advertising across the network, which includes 17,500 traditional telephone boxed, 500 payphone and 500 digital street units. The agreement will also cover [...]
BT unveils new flexible TV packages in bid to beef up content offering February 18, 2020 BT today rolled out a string of new flexible TV packages as it looks to flex its muscles in the increasingly cut-throat content wars. The telecoms giant has unveiled a range of subscription options that allow customers to choose the TV shows, films and sport they want, with the flexibility to change their package each [...]
MWC 2020: BT and Nokia join exodus of companies over coronavirus fears February 12, 2020 BT is pulling out of the Mobile World Congress (MWC) because of the coronavirus outbreak, becoming the latest in a string of telecoms firms to say they will not attend the event in Barcelona later this month. Earlier today, Nokia and and Deutsche Telekom both said they would not be attending MWC, increasing the likelihood [...]
ITV holds talks with BT as it eyes Champions League broadcast rights January 12, 2020 ITV is said to be in discussions with rival BT as it looks to secure broadcast rights to Champions League football matches. The public service broadcaster is eyeing up a bid for a package of games held by the telecoms giant after losing out in an auction in November, the Sunday Times reported. Read more: [...]
Ofcom plans to ‘supercharge’ rollout of full-fibre broadband January 8, 2020 Ofcom will “supercharge” British investment in full-fibre broadband by encouraging more competition in cities and supporting BT to roll out faster speeds in rural areas. In a new five-year plan set out today, Britain’s telecoms regulator proposed the introduction of different regulatory regimes for rural and urban areas. Read more: Broadband speeds are increasing but [...]