Vodafone's new investor not likely to remain passive, says JPMorgan
The telecoms group has long been criticized for capex warnings, operational disappointment, excess complexity and a poor M&A record “making it a prime target for activism”
Archive
Telecoms
2531 stories · page 32 of 127
Vodafone perks up as Middle Eastern investor takes US$4.4bn stake
A 9.8% stake was purchased for a premium price of 129p a share, or US$4.4bn, making it the FTSE 100 telecoms group's largest shareholder
Vodafone downgraded ahead of results, but analysts see 'significant synergies' from Three merger
Jefferies cut its rating as it sees higher energy and wage bills being an issue that management will need to deal with
BT Group sees ‘better value’ in Discovery deal - broker
BT is getting more from the deal than the share price had priced in, meanwhile, Barclays reckons the telecoms firm is inflation resistant.
BT boss Philip Jansen may be over the moon but more goals left on the pitch
With investors wanting better returns, the management team are still juggling a big pension deficit, the cost and complexity of further network investment, and calls from workers for a big wage increase
Vodafone in talks to merge UK arm with Three - report
Vodafone is under pressure from activist fund Cevian Capital to simplify its business, according to the Financial Times
BT reinstalls dividend as profits come in higher than expected
A final dividend of 5.39p per share was as promised
BT, Disney and UK economy to grab the headlines on Thursday
More heavyweight updates overnight and in the morning but the state of the UK economy is all people are focused on currently
Key update ahead for BT as bulls and bears battle it out
"We see rising infrastructure competition for Openreach with Cityfibre gaining traction and Virgin Media expanding"
BT Group reviews Tyson Fury fight payments for possible Irish gangster connections
The US State Department has offered a bounty of US$5mln for information that leads to the arrest of Daniel Kinahan, who had been providing a boxing 'consultancy services'
Verizon shows broadband gains and loses fewer phone subscribers in 1Q
The largest US wireless carrier reported a loss of 36,000 monthly phone subscribers in the quarter, compared with estimates of a loss of 49,300
BT 's pricing power bodes well in tough enviroment says JP Morgan
The US bank added it is now looking at a possible upgrade for BT
Virgin Media O2 targets BT with multi-million-pound ad campaign for Volt
Virgin Media O2 hopes to challenge the BT and subsidiary EE with the new offering
Warner Bros Discovery makes steady start on market debut
Warner Bros Discovery Inc will run three streaming services; it also owns the Warner Bros film studio and a number of cable channels
BT faces strike despite £1,500 pay award
The pay rise will cost the telecoms giant around £90mln
Vodafone's energy headache highlighted by second broker
Energy costs are likely to be a drag of at least €150mln in each of fiscal 2023 and 204.
Vodafone facing energy cost headwind reckons broker
The UK telco warned in February it faced a €150mln energy headwind but gas prices have since risen by 50%
Helios Towers completes acquisition of Airtel Africa's mobile tower business in Malawi
Gross consideration for the deal is US$55mln, of which 20% is backed by Old Mutual Infrastructure Investment Trust Fund, representing a local Malawian shareholding of 20%
CityFibre to ramp up pressure on BT as new investor comes on board
CityFibre is proposing to spend £4bn to take superfast broadband to eight million homes by 2025.
Vodafone mulls Vantage Towers offers from private equity - report
The offers are for a majority stake in the company that was listed in Frankfurt last year