BT Group may save hundreds of millions amid Premier League restart turmoil
As it cancels dividends totalling £3.25bn over three years, BT Group may find further savings as the Premier League restart remains uncertain.
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As it cancels dividends totalling £3.25bn over three years, BT Group may find further savings as the Premier League restart remains uncertain.
Chief executive Philip Jansen launched a “radical modernisation and simplification programme” to make £2bn of savings over the coming five years
A survey conducted by JPMorgan found that 72% of investors would support a sizeable dividend cut
The new tests are already being shipped to several customers in Europe, with production being ramped up to fulfil more orders
The Spanish telecoms firm said the negotiations are still at the initial phase
The group expects its Bio-Medical division to perform well during the global lockdown period and the Networking & Cyber division to experience a temporary slowdown
At the completion of the merger last month the company received cash proceeds of €2.1bn
Communications, users, and downloads were higher amid the early days of lockdown, the Snapchat owner confirmed
The order from a European government is expected to be completed in the second half of 2020
The telecommunications testing firm continues to operate and said it continued "to build momentum into the second quarter”
The FTSE 100 group said it will offer a 1.5% annual pay increase to non-managerial staff from July
Analysts at Barclays said BT's uncovered dividend “remains the elephant in the room” and cut its forecast payout
BATM hopes to have a product with regulatory sign-off in the form of CE mark that’s ready to ship in three to four months
Jansen said he met several other people in the telecoms industry over the past week and so has alerted them to his diagnosis
Underlying profits rose 20% to US$93.9mln while the cash balance soared by 50% to US$183mln.
As a result of the improved performance, CEO Zvi Marom said the company had entered 2020 with a “substantially higher” order backlog than the previous year
The FTSE 100 company is a lead investor and has agreed a strategic partnership with the Texas-based satellite company
The kit has undergone testing by several central laboratories and hospitals
It offers the chance for it to showcase its products in 3D via interactive sessions with executives, demo events and meetings
The new order takes the total contracted revenue for the deal to over US$18mln