BT and ITV investigated over potential pay fixing for sports freelancers
The CMA is investigating the broadcasters under Section 25 of the Competition Act, which focuses on potential cartels
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The CMA is investigating the broadcasters under Section 25 of the Competition Act, which focuses on potential cartels
Primary shareholder Drahi increased his stake in December 2021
Deutsche’s ‘buy’ recommendation suggests more than 70% upside to the current market price of around 127p.
Growth in the consumer and broadband arms will offset declines in Enterprise and GS
Total revenue for the six months to end-May grew 13.8% to £14.9mln, while adjusted EBITDA climbed 1.4% to £2.0mln
At the close, the UK blue-chip index was just 0.63 points lower at 7,168.65, below the session peak of 7,214.82 but well above the day’s low of 7,101.38
The company's main trade union will announce the result of its strike ballot tomorrow afternoon, with analysts expecting a 'yes' vote
Earlier this week the telecoms group held a virtual town hall meeting where boss Philip Jansen, who saw his own pay rise 32% this year, said a strike would “damage the business” by harming customer relationships
Berenberg warns that mass-market pricing could damage investment in the sector
It is expected that the ballot result will be announced before the end of June
The boss of BT's Openreach arm said difficulties in hiring enough skilled staff from abroad was “constraining the rate of fibre build”
Headwinds in Germany are likely to offset any other improvements, according to the note
A merged BT/Discovery would be able to offer sports fans Champions League and Premier League football plus a host of other events
It will be the first national strike at the telco for 35 years
The minutes reaffirmed that the Fed's position is that it would be appropriate to rise interest rates by 50 basis points over the next couple of meetings
The social media company blamed economic conditions worsening "further and faster than anticipated", as well as changes to Apple's iPhone privacy settings and the war in Ukraine
"We believe that BT moving to growth represents a watershed moment in the investment case,” Berenberg said.
The upside for BT is likely capped according to analysts at Citigroup.
With BT, Vodafone and others also attracting major investors and almost US$1.8 trillion of ‘dry powder’ sitting in private equity balance sheets, who could they swoop for next?
Net debt stood at €41.6bn at year-end, down from €40.5bn a year earlier