BT makes “last-ditch effort” on TV packages
Customers will need to take a rather unflexible 24-month broadband contract in order to get the supposedly "flexible" deals
Sector
Telecommunications
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BATM secures third international agri-waste treatment contract
The deal will see the company's treatment solution installed in a poultry processing facility in the Middle East
Berenberg cuts BT Group target price to 175p from 220p, but still maintains ‘hold’ rating
"We believe that one would either have to be overly negative on the rate of decline in BT’s financials or take a strong view on real gilt yield deterioration to justify a price target significantly below the current share price"
Jefferies ups Vodafone to ‘buy’ from ‘hold’ after looking at two tracks it could take boost valuation
The US investment bank’s analysts hiked their target for the FTSE 100-listed firm to 176p from 144p, which they say offers 22% upside, including the dividend, on a one-year view
Ceres Power appoints former Vodafone executive as an independent non-executive director
Warren Finegold held the position of Group Strategy and Business Development Director and was a member of the Vodafone Group Executive Committee for 10 years
Vodafone says removing Huawei equipment will cost €200mln
Chief executive Nick Read said removing the mobile boxes will take "around five years" to implement
Vodafone's revenue lifted by Liberty Global acquisition
Full-year guidance remained unchanged as revenue rose 6.8% for the three months to 31 December
Allot's stock soars as 4Q revenue jumps 14% to $30.6M as security offerings gain traction
It expects 2020 revenue of $135 to $140 million and to reach profitability in the last quarter of the year
Talktalk keeps outlook unchanged as cost savings come through
Headline revenue for the three months to December dipped 1% to £383mln, while new fibre subscriptions inched up 1% to 148,000
BT's extra 5G costs raises further dividend questions
“In order to make 5G work we are going to have to use other manufacturers’ equipment,” says chief executive Philip Jansen
Keywords Studios touts revenue and profit growth despite “light year” for video game industry
The provider of technical and creative services is forecasting a double-digit increase in revenue thanks to a boost from its two largest divisions, functional testing and game development
BT Group warns government's Huawei 5G decision will have £500mln impact
“BT delivered results slightly below our expectations for the third quarter of the year,” said chief executive Philip Jansen
BT Group broadband pressure, Diageo’s festive performance, and Shell trading update all in focus on Thursday
It is set to be a busy day in the City, before the Bank of England’s Brexit-eve interest rate decision.
Deutsche Bank cuts target for BT Group noting that "risks have risen” on the broadband front
The German bank’s analysts have reduced their target price for the FTSE 100-listed firm to 157p, down from 169p previously
Vodafone hawks off Egyptian arm for $2.4bn
The sale will help the telecoms giant trim its massive debt pile, which stood at €48.1bn at the end of September
BT faces further pressure as Sky nears broadband deal with Virgin Media
Sky and Virgin Media executives met for talks on Friday as the pair eye a potential UK fibre broadband collaboration, according to reports at the weekend
Gfinity continues shift toward higher margin revenue streams, shuffles commercial team
The esports media firm is expecting gross profits for its first half to rise 300% to £2.1mln
Allot's cybersecurity platform picked by Portuguese broadband operator MEO to protect its users
MEO, the largest fixed broadband and mobile service provider in Portugal, opted for the Allot Secure solution
BT’s quarterly update to be “uneventful”, says Berenberg
Analysts expressed support for Philip Jansen, who started as the telecoms firm's chief executive last February
UBS hikes Snap to Buy and raises price target to $24 on ‘momentum’
Analysts expect Snap to keep increasing its ad revenue and user growth into the new year