BT's possible sale of sports broadcaster 'BT Sports' to DAZN is back in spotlight
Sports streaming app DAZN could land a deal to buy the broadcast business for US$800mln in the next month.
Sector
Telecommunications
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Airtel Africa gets first payment from Tanzania sale
Around US$60m of the proceeds will be used to invest in Tanzania and for distribution to the local government, with the balance used to reduce group debt
Verizon and AT&T to delay 5G installation over aviation industry concerns
In 2021, an auction sold the two phone providers the right to use “C-band” frequencies after a US$70bn purchase
Looking Glass Labs says its subsidiary House of Kibaa joins DigiBC to further its NFT and metaverse opportunities in British Columbia
Through DigiBC, Looking Glass intends to explore opportunities for NFTs, uNFTs and metaverse-related technologies to potentially be added to the scope of interactive digital media in the context of public policy relating to digital art crea
FIVE AT FIVE: LADBible founders bank £53mln, BT investor Drahi's latest move, Daily Mail final day squeeze....and the Footsie
Here's a round-up of the day's top Proactive stories
BT Group investor Drahi's latest move? He's reportedly planning to auction off shares in Sotheby's as part of an IPO
Given his recent rhetoric on BT (he’s not a buyer, but a long-term investor, he says) this looks like an opportunistic move rather than one to free up some cash for an all-out bit for, say, dealmaking
Altice ups stake in BT to 18% but again rules out bid
"We ..remain fully supportive of their strategy, principally to play the pivotal role in delivering the expansion of access to a full-fibre broadband network"
BT Group: Open season is underway; but will anyone be tempted to take a potshot?
The shares fell 2% on Monday, reflecting the reality that a bid for BT may fraught with all sorts of political and regulatory problems
Guild partners with PlayStation for FIFA tournament
The event starts today and will finish on Wednesday
UK’s Ofcom to expand monitoring of BT’s Openreach
Openreach has an important role to play in ensuring that competition operates effectively as faster broadband is rolled out across the country, the regulator said
Intel to spend Mobileye proceeds on chip factories
The company announced on Monday that it intended to list the Israeli company in New York
BT Group seen as a ‘buy’ as shackles are set to come off Drahi
BT’s organic story is undoubtedly strengthening, that's according to Berenberg.
BT Group undervalued? Here's what this leading investment bank thinks
Credit Suisse thinks the stock is worth 200p, a 19% premium to its current price
FIVE at FIVE: Musk keeps selling, Omicron keeps spreading, and NFTs now streaming plus BT and oil
Here’s Proactive’s round-up of the day’s news with helpful links taking you our up-to-the-minute news analysis.
NFT music platforms can give artists a fairer deal
Streaming platforms such as Spotify and Apple Music “don’t guide individual subscribers’ fees to the actual music an individual subscriber listens to”, said Saxo Bank
BT and Vodafone shares are up strongly. This note by a leading Wall Street bank may help explain why
JP Morgan expects an M&A frenzy in the telecom sector and named both stocks among its top picks
Any BT bidder has big hurdles to overcome suggests UBS
The UK’s National Security and Investment Act gives the government a veto on M&A in sectors including communications
BT bid battle in prospect? India's Reliance mooted as a potential bidder for the British telco
Billionaire Patrick Drahi’s Altice owns 12% of and the lock-up agreement stopping it from tabling an offer for the full group expires on December 10
BT opens flagship London HQ
The telecoms group said it still “firmly believes” in the future of the office and is adopting hybrid working
Helios Towers to invest US$100mln in measures to halve tenant carbon intensity by 2030
The mobile telecoms infrastructure company aims to become a net zero carbon emissions business by 2040