BT pension scheme lost over a fifth of value due to mini-budget
Unlike some other companies, BT Group was not forced to provide any cash to cover the fall in the value of the assets
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Unlike some other companies, BT Group was not forced to provide any cash to cover the fall in the value of the assets
Nick Read, Vodafone chief executive, commented: "This significant infrastructure investment supports the country's social, economic and digital development and the broadband ambitions of the German government as part of Europe's Digital Dec
The referral follows concerns that the merger could lead to a “substantial lessening of competition” in the UK
A download speed of at least 10Mbps and an upload of 1Mbps is the core requirement of the government’s broadband Universal Service Obligation (USO) in 2020
New rules introduced in June require telecoms companies to provide customers with a short summary of the main contract terms
The envisaged transaction would involve both companies combining their UK businesses, with Vodafone owning 51% and CK Hutchison owning 49% of the combined business.
"It is essential that the industry puts its customers first, and focuses on what more it can do to help support them,” said Lindsey Fussell, Ofcom’s networks and communications group director
'Significant volatility' will remain a feature into next year
BT’s directive comes as more staff this week threatened to walk out over pay
Companies have made pay offers that the unions have mostly rejected for not being in line with current rates of inflation
The French billionaire owns telecoms provider Iliad and is a long-term investor in the telecoms sector across several European and African markets
KKR & Co. and Global Infrastructure Partners are among those firms competing for a stake in Vodafone's wireless towers business.
The analysts said BT shares are more than 20% lower than when they downgraded to 'sell' in June last year
The pressures on BT's business-facing units had perhaps previously been underestimated, analysts said
Metaverse-related plans first on the chopping block for struggling social media company
Jeremi Gorman and Naylor have been appointed to oversee global advertising at Netflix
BT said the pay rise is its largest in 20 years and represents an average increase of around 5%
Most T-Mobile phones will be compatible with the new service
The government said it will continue to assess acquisitions “on a case by case basis”
Business Secretary Kwarteng used his call-in power in May to look at the Altice move