Snap stock slides as COVID-19-led user growth proves ephemeral
Second quarter user numbers increased by 17% but underwhelmed expectations that were raised in the early weeks of the coronavirus (COVID-19) pandemic
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TalkTalk Telecom sees sales trends improving in June and July
The telecoms group expects average revenue per user to continue to improve in the second half of the year
BT insists it's not selling a stake in Openreach
It has been reported that the infrastructure arm has been valued at roughly £20bn - almost double BT’s market cap
BATM higher as it unveils three new coronavirus testing kits
The three new kits are expected to go on sale at the end of the third quarter of 2020
BT and Vodafone jump after UK government allows seven years for Huawei ban
“This has not been an easy decision, but it is the right one for the UK telecoms networks, for our national security and our economy,” media secretary Oliver Dowden said
BT boss warns of dangers in ripping Huawei equipment out of UK telecoms network
A statement is expected from the government on Tuesday about the removal of the Chinese tech giant’s 5G telecoms equipment
BATM making ‘visible and considerable progress’, says house broker
The broker said the company had made “sustained investment” in its technology in recent years and that the fruits of this were “now being seen in the group’s success”
BATM Advanced Communications surges to multi-year highs after raising guidance
BATM now expects to report a substantial increase in full-year revenues, at least 25% higher than in 2019 and materially higher than market expectations.
Pelatro a difference-maker for mobile phone companies
The company processes huge swathes of data with the aim of turning subscribers users into loyal repeat customers
BT and Sky set for summer sports binge as Premier League restarts
The weekends will host twenty hours of live Premier League football matches starting in mid-June.
Allot launches BusinessSecure to help telcos protect their business customers from cyberattacks
The solution offers a network-based antivirus service that requires no security expertise and needs no installation on to business or employee devices
Vodafone appoints Heineken boss Van Boxmeer as new chairman
Van Boxmeer steps down as Heineken chief executive next month after fifteen years in charge
BT shares now 'more reasonable' versus peers but risks remain, says Deutsche Bank
The telecom group's commitment to rolling out its fibre broadband network "is a good thing" for the company’s long-term future, the analysts, but the market seems to think opposite
Vonex shares rise after achieving remarkable growth in recurring revenue
The company has increased its annualised recurring revenue by more than 85% during FY20, with the acquisition of 2SG Wholesale a major contributor to this growth.
Vodafone agrees device partnership with Chinese supplier
Smartphones from Oppo will be made available across the UK telecoms group's retail and online channels
BT in talks over Openreach stake sale says report
Over the past three weeks, BT has held talks with Australian bank Macquarie and several sovereign wealth funds according to the FT
BT boss buys shares for £2mln as board members top up
Shares were also bought by non-executive director Ian Conn, Magdalena Du Plessis, a person closely associated with chairman Jan Du Plessis, and Karen Key, a person closely associated with non-executive director Matthew Key
Allot's stock soars as 1Q revenue jumps 16% on flurry of new security deals, improving margins
For the first quarter ended March 31, 2020, the company posted unaudited revenue of $29.3 million, compared to $25.3 million a year earlier
Vodafone picture is improving for analysts and dividend hunters
Analysts at UBS said there are “enough positives” for the FTSE 100 telecoms group's shares to reverse their recent underperformance versus the sector
Vodafone keeps dividend on redial as customer loyalty improves in pandemic
Net debt ended March at a massive €42.2bn, up from €27bn a year earlier