Panoramic Resources opens data room for multiple parties
Panoramic’s board reiterates that shareholders should take no action regarding the takeover offer from IGO.
Sector
Telecommunications
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BT faces “race to the bottom” as 5G adds to broadband competition
Barclays downgraded the shares after regulatory efforts will lower costs for BT’s competitors, notably TalkTalk and Vodafone
TalkTalk swings back to profit after record quarter for fibre
At the statutory level, the telecoms group swung from last year’s £4m loss to a profit before tax of £1mln, with underlying profits up 39% to £140mln
BT investors shrug off Labour's Openreach nationalisation plan, UEFA rights renewed
The infrastructure unit would be nationalised to create a UK-wide network to offer "free full-fibre broadband" across the country
Allot industry report highlights need for congestion management among communication service providers to improve customer experience
In a survey, more CSPs picked quality of experience (26%) as their top business objective, more than competitive pricing (25%), reduction of capital expenditures (17%) and market share (14%)
Vodafone returns to growth in Q2, profits hit by India ruling
Organic service revenue returned to growth of 0.7% in the second quarter after a decline of 0.2% in the first
Spirent Communications says strategy shift to land it with US$4mln bill next year
The FTSE 250-listed telecoms equipment company said that order intake and revenues grew in the third quarter as 5G gains momentum
Allot Ltd posts 3Q earnings and revenue beats as it signs significant new deals
For the quarter ended September 2019, Allot posted a 14% rise in revenue to $27.6 million from $24.2 million in the same quarter of 2018
Vodafone to sell handset produced by ethical smartphone company, Fairphone
"Fairphone is showing that there is a market for more ethical phones to inspire the rest of the industry to produce more ethically," claimed Eva Gouwens, the CEO of Fairphone
BT holds dividend steady as cost cuts offset lower revenues
The FTSE 100 telecoms group reported a pre-tax profit of £1.3mln, the same as the prior year, while revenues fell 1% to £11.4mln
Verizon Communications posts strong third quarter, beats on earnings and revenue
The largest US wireless carrier by subscribers beat analyst estimates for earnings and revenue in the three months to end September
Allot appoints industry veteran Ziv Leitman as CFO
He will be replacing Alberto Sessa who will be leaving the company to pursue other professional opportunities
Snap shares struggle despite third quarter revenue beat, strong user growth
The social media giant saw its active users increase 13% to 210 million and revenue grow to $446 million from $298 million
Helios Towers floats after second attempt
Helios Towers owns and operates over 6,500 telecom towers in five African countries
Vodafone glitch leaves some customers with bills in the thousands
The FTSE 100 company said it was “proactively checking accounts and fixing any issues”
Allot earns $12 price target as Frost & Sullivan initiates coverage
The research firm expects revenue growth from each of Allot’s two primary offerings: Network Intelligence and Network Security
BATM expands the reach of its cyber-security offering
"We continue to receive increasing demand for our cyber solution and expect more orders this year," said Zvi Marom, the CEO of BATM
Phunware showcases third quarter contract wins, including a deal with Verizon
It also won a contract with American Made Media Consultants, which coordinates ad buys for President Trump's re-election campaign
Allot seeing rising demand for its network services from regulatory agencies around the globe
The Israeli company said it had received increased inquiries from all types of agencies in the first half of this year
Cello Health sells social media analytics software business for £4.5mln
The sum will be paid through shares, with Cello receiving an 11.3% stake in the UK-based software provider