Gavin Patterson pays the price for BT’s costly sports and mobile ventures
The move into sports broadcasting and the mobile market were significant developments, but neither has quite panned out how Patterson would have hoped
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Telecommunications
2556 stories · page 59 of 128
BT boss Gavin Patterson to step down later this year
Announcing the departure, chairman Jan du Plessis, who had only recently come out in support of Patterson, said they both now realised a change of leadership was necessary
BT Group says BT Sport has won rights to broadcast a further 20 Premier League football matches
The FTSE 100-listed firm said the additional games, added to the 32 Saturday matches which BT Sport won earlier this year, giving it a total of 52 games to broadcast
BT phone box turned into world’s smallest nightclub
The classic red phone box in Kingsbridge, Devon was redundant, but the local council has ‘adopted’ it and turned it into what is believed to be the smallest nightclub in the world
Actual Experience lands second large-scale project
The data analytics business has signed a £240,000 a year deal
BT Group up on reports of informal interest from infrastructure funds about taking stake in Openreach
BT owns the UK's national telecom and broadband network through Openreach, a legally separate division that is used by the firm and its rivals to provide services to consumers
BT rivals TalkTalk and Vodafone threaten Openreach broadband dominance
Openreach plans to replace the UK’s ageing copper lines with fibre optic cables to bring faster broadband to three million premises by 2020
BT to raise base salary for chief executive for first time since Italy accounting scandal
BT's boss said fiscal 2018 was a "challenging year" but the company delivered on its strategy
TalkTalk announces sale of direct B2B unit as it reports 35% drop in profits
TalkTalk shares jumped as it said it expects a return to revenue and earnings in growth in fiscal year 2019
Inmarsat in a spin as its global maritime distress safety systems services monopoly is broken
The International Maritime Organization approved the introduction of a GMDSS service by Iridium on its network, subject to Iridium passing a number of stringent performance tests
BT investors 'need to be patient', says Berenberg as it keeps 'buy' rating but cuts target price
Berenberg has asked why BT decided to keep its dividend at 15.4p for the next two years, given that net debt will now increase by £3bn over this period
Vodafone 'highly likely' to receive approval for Liberty Global deal, says Citi
Citi downgraded Vodafone to a ‘neutral’ rating, sending shares in the company lower
BT unveils new strategy to revive customer service reputation
BT will offer customers faster internet speeds, more TV content and bring its call centres back to Britain and Ireland by 2020
BT will have 'inadequate dividend cash cover', Bernstein predicts, as it downgrades the stock
“Valuations are cheap but with no catalysts, flat free cash flow and no dividend growth, BT’s stock price is likely to stay at these low levels for a while,” Bernstein said
BT Group is not the only blue-chip with a debt mountain and pension problems
There's an argument to be made that BT would have been better off tapping the market three years ago when its shares were twice as high as they are now, rather than braving it out. John Harrington looks at the FTSE 350 to see whether there
Are Vodafone and BT bosses up to the challenge?, analysts question
Some investors have asked whether BT's chief executive can survive as he tackles such challenges as regulation, pensions and tough competition
BT Group says BT Sport to show UEFA Champions League final for free online via YouTube
The FTSE 100-listed firm said the final between Liverpool FC and Spain’s Real Madrid, will also be made available online to millions of additional fans who do not yet subscribe to BT Sport
Vodafone announces departure of CEO Vittorio Colao as it swings to full year profit
Vodafone returned to a profit in fiscal year 2018 but revenues declined 2.2%
Forget the recent falls, BT Group is a ‘buy’, says Numis analyst
John Karidis is one of the few BT bulls in the Square Mile, and he reckons the telecom giant’s share are worth 325p
Berenberg trims target price for Vodafone as value of Indian venture dips
In a previous announcement, Vodafone said it would merge its Indian mobile tower joint venture with a local rival to become the world’s second largest tower mobile company