Investors dial into TalkTalk on takeover rumours
Hedge fund Toscafund Asset Management has upped its stake in the phone and broadband provider, prompting some takeover chatter
Sector
Telecommunications
2556 stories · page 58 of 128
Inmarsat up as clock counts down until the deadline for Echostar to make bid for satellites rival
Echostar has until 5pm BST on Friday, July 6 to make a firm offer for Inmarsat under the UK Takeover Panel's rules or face a six-month ban from bidding
Numis upgrades TalkTalk but the City broker really isn’t a fan
Because shares have fallen over the past few weeks, Numis reckons the stock is now just a ‘reduce’, but it has a lot of issues with TalkTalk: namely the collapse of the B2B unit sale and rivals starting to compete better on price
TalkTalk pulls out of plan to sell b2b unit to Daisy Group
“Daisy remains an important, long-term strategic partner for TalkTalk,” the telecoms firm said.
FTSE 100 stocks set to yield more but dividend cover on big payers such as BT is worryingly skinny
AJ Bell’s Dividend Dashboard for the second quarter shows the FTSE 100 is projected to yield an impressive 4.1% in 2018 but some of the bigger yielders, such as Direct Line and Vodafone, have threadbare dividend cover
BT Group hikes broadband, landline phone services and TV sport package prices for second time this year
In an announcement on its website, the FTSE 100-listed firm said the cost of its Superfast Fibre Plus package will go up by 40% to £28.75 a month, up from £20.50
Inmarsat shares come back down to earth as Eutelsat says does not intend to make an offer
Eutelsat said that following market rumours, it had made yesterday’s statement confirming that it was considering a possible offer for Inmarsat, at the request of the UK Panel on Takeovers and Mergers
Inmarsat shares launched higher after French satellites firm Eutelsat says considering takeover move
In a brief statement, Eutelsat confirmed that it is “currently evaluating a possible offer for Inmarsat" but said there was no certainty an offer would be made
BT expects “adverse impact” from adoption of new accounting standards
The IFRS 15 standard was brought in earlier this year so it was closer to FASB’s accounting guidance
BT Group brings in bankers as it looks to sell off troubled Italian business
According to the Telegraph, BT wants to sell off the division as part of its plan to simplify and modernise its business
Avanti Communications shares rise on US$10mln contract with Viasat
The AIM-listed firm said the deal provides Viasat with leased capacity on a steerable beam on the newly launched Avanti HYLAS 4 satellite
BT fined by regulator for sending 5mln nuisance emails
The 4.9mln emails were sent between December 2015 and November 2016 promoting three charities: the BT ‘My Donate’ platform, Giving Tuesday and Stand up to Cancer
BT rallies as Jefferies upgrades stock to 'buy', citing positives of CEO departure
“Ruling out a dividend cut would be unwise,” Jefferies said in a bullish note on BT
BT shareholders set to revolt against KPMG after trade body slating
The accountant only got the mandate last year after PWC stood down after 33 years
Castleton Technology swings to profit as it acquires financial modelling platform
The AIM-listed software and managed services provider reported a pre-tax profit for the year of £1.8mln, up from a £0.5mln loss the previous year
TalkTalk shares jump after a double upgrade from Bank of America Merrill Lynch
The analysts said: “For the first time in four years, we see guidance and consensus as achievable, ending the cycle of earnings downgrades”
RF Industries shares pop after 2Q sales and profit soar
The San Diego-based company's revenue jumped thanks partly to higher sales of specialized custom cabling
Mixed opinions on Inmarsat following rejection of EchoStar offer
Inmarsat confirmed it had been approached with a takeover offer by EchoStar last Friday, however it said the offer had “significantly undervalued” the company
BT Group easier as Deutsche Bank trims target price, says firm stuck between “a pension rock and a fibre hard place”
Deutsche Bank’s analysts said: “We were a bit early to u/g to Hold after a 30 month Sell but despite the lower share price since, we restrain ourselves from an unsubstantiated positive view"
BATM secures follow-on cyber security contract for government defence department
The group said the contract was its fifth awarded by a national government and carried a value of around US$3mln over the next 18 months