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Communication
BT Group (LON: BT) fined £6.3 million for breaking telecom regulations
December 13, 2020 02:35 AM AEDT| By Team Kalkine MediaSummary BT failed to meet the obligations of the regulatory authority Ofcom during the tendering process of the ‘Northern Ireland public sector shared network contract’ The telecom major did not give competitor Eir’s bid team .....
CMA launches investigation into the merger of O2 and Virgin Media
December 12, 2020 10:07 PM AEDT| By Hina ChowdharySummary The Competition and Markets Authority has launched a probe into the O2 and Virgin Media merger announced in May Investigators will be checking if the deal could reduce competition for customers of broadband giants and mobile phones unde.....
How will JTC (LON: JTC) benefit by acquiring CEES?
December 11, 2020 09:07 PM AEDT| By Kunal SawhneySummary JTC Group Plc (LON: JTC) announced the acquisition of CEES, an employee benefits platform, from RBC Holdings, for £20 million in cash CEES was incorporated in 2005 as an employee benefits platform Wealth services prov.....
Gfinity Plc (LON: GFIN) acquires digital news platform Epicstream
December 08, 2020 09:47 PM AEDT| By Kunal SawhneySummary Gfinity has acquired digital news platform leading online news community for fantasy and sci-fi movies Epicstream As per the deal, the esports firm will be monetising all the social media channels of Epicstream Two founders of Epicstre.....
How One Should Be Looking at Telecom Shares as Vodafone (LON: VOD) Keeps Paying Out Dividend?
November 22, 2020 05:41 PM AEDT| By Team Kalkine MediaSummary Vodafone announced an interim dividend of 4.50 eurocents per share during the release of first half of 2021 results The commercial services built the momentum in the first half, and it delivered 5G through strong network sharing. The t.....
BT Enters 5G Deal with Ericsson to Help Phase Out Huawei Equipment
October 30, 2020 11:42 PM AEDT| By Team Kalkine MediaSummary BT has entered into a deal with Ericsson, where it would use its 5G equipment, like radio antennas, base stations and others. BT has also signed a similar deal with Nokia to supply 5G equipment Huawei was banned by the UK government fr.....
BT Group Stocks Under Pressure Amid Ofcom’s Investigation
October 17, 2020 05:59 AM AEDT| By Team Kalkine MediaAn investigation has been launched by the Office of Communication to find whether BT Group PLC is fulfilling its obligations under USO Ofcom seeks to determine whether an accurate cost is being provided by BT, though it said that being in...
BT Group’s View Gets SMF Affirmation-British Government to Miss 2025 Deadline to Fibre Up The UK
October 11, 2020 12:10 PM AEDT| By Team Kalkine MediaSummary Boris Johnson had promised full-fibre broadband by 2025 to every UK household during his election campaign last year Social Market Foundation has called upon the British government for major reforms in the telecom sector Industry exper.....
Talktalk To Ponder on Toscafund’s Takeover Bid
October 10, 2020 03:55 AM AEDT| By Team Kalkine MediaSummary The fourth-largest internet service provider of the UK said it has received a preliminary non-binding offer of 97 pence per share from Toscafund Asset Management LLP Last year also, Toscafund had approached TalkTalk with a 135 pence-per.....
BT (LON: BT.A) to open new office at Manchester for staff from late 2023
October 09, 2020 04:48 AM AEDT| By Kunal SawhneySummary BT Group announced that it would commence its new Manchester office from late 2023. The New Bailey site would have a capacity of 2,000 staff members. Though a majority of BT staff would keep working from home in the coming months, it w.....
5G Rollout Delay Could Result in Loss of Country’s Economic Output by £41 Billion
October 05, 2020 12:38 PM AEDT| By Team Kalkine MediaAccentuating the ability of the powerful 5G telecommunication technologies' ability to fast pace the state of recovery, Centre for Policy Studies (CPS) has come out with a report advocating an early implementation of the technology. Authored by fo.....
Nokia strikes deal with BT to phase out Huawei from UK networks
September 30, 2020 11:33 PM AEST| By Kunal SawhneySummary Nokia to replace Huawei as BT’s largest equipment supplier for 5G networks across the nation. This deal would be the first in the sector after the UK government banned all the mobile providers from buying Huawei 5G equipment in Ju.....
BT Increases Tariff Amidst A Boom in Demand, Vodafone And TalkTalk Follow the Trend
September 10, 2020 11:34 PM AEST| By Team Kalkine MediaSummary BT has recently announced a tariff increase in its services for new and re-contracting customers which is pegged at a base price adjusted to CPI announced at the beginning of the year plus 3.9 per cent. The telecom operator has stated t.....
BT And Ofcom’s Plan for UK Broadband, as Nation’s ranking Slips To 47 in Speed
September 02, 2020 11:11 PM AEST| By Team Kalkine MediaSummary The UK this year is placed 47th among 221 countries and territories in an annual survey that ranks them in terms of speed of broadband internet. Incidentally, this rank is 13 points lower than its previous year rank of 34th. Within Euro.....
BT Plc and Takeover Bid from Deutsche Telecom Amidst A Decade Low Showing at the LSE
August 28, 2020 11:00 PM AEST| By Kunal SawhneySummary German telecom firm Deutsche Telekom currently owns 12 per cent stake in BT and given the sharp fall in prices of BT's shares on LSE because of the pandemic; speculations are rife that the German firm could make a bid. The company is cu.....
A Communications Company Poised for A Giant Leap on The Back of Strong Demand
August 17, 2020 11:18 AM AEST| By Team Kalkine MediaTelecom services had remained on the forefront keeping the world moving when all the businesses came to a halt due to Covid-19 and the resultant lockdown imposed across the globe to contain its spread. Here we are going to discuss a company whi...
British Government Takes A U-Turn, Huawei To Be Stripped from Nation’s 5G Network By 2027
July 14, 2020 11:00 PM AEST| By Kunal SawhneySummary Huawei to be stripped out of the United Kingdom's 5G networks by 2027 In January 2020, the United Kingdom had given a green signal to Huawei for its involvement in the 5G network The decision to oust Huawei from the nation’s 5G n.....
AI on the Rise: A Look at Top AI Companies and Their Stocks