Highlights UK media regulator Ofcom introduced new broadband rules to make it simpler for customers to switch suppliers. The new process, One Touch Switch, will be hassle-free and will potentially reduce the issues faced by customers. By...
Summary The government has announced a new £4 million fund, specifically for the companies whose projects are trialling running fibre-optic broadband cables through water pipes. New innovative companies can help serve the dual purpo...
The British telecommunications sector is going to see an intense competition in the coming days as the nation’s competition regulator Competition and Markets Authority (CMA) approved Virgin Media and O2′s merger of £ 31.4 billion ...
Source: shutting, Shutterstock Summary Dutch telecom company KPN NV’s shares dropped sharply on Tuesday after it announced a joint venture deal with pension fund ABP. KPN had earlier negated news about a takeover from Sweden-based privat...
Source: Andy Dean Photography, Shutterstock Summary UK-based home improvement retailer Kingfisher PLC reported its total sales increased by 6.8% to £12.3 billion in FY2021 due to a new generation of DIY enthusiasts amid the pandemic. Abo...
Source: thanongsak kongtong, Shutterstock Summary Zoom Video Communications’ pre-tax profit for FY20 increased to £476 million from £11.5 million a year ago. Zoom managed to reduce its income taxes gl...
Source: ShutterOK, Shutterstock Summary Telecommunications giant Vodafone Group Plc said its EU-based towers arm Vantage Towers is set to float on the Frankfurt stock exchange valued at EUR 12.1 billion Vodafone will net up to EUR2.3 billion a...
Source: I'm friday, Shutterstock Summary The UK government is expected to get £1.4 billion from mobile spectrum auction. Vodafone Group Plc, Telefonica UK, EE, and Hutchison 3G bid for 34 lots of spectrum. The United Kingdom governm...
pound;573 million for last year, but still better than external expectations. UK’s leading media organisation ITV plc (LON: ITV) announced its financial results for the year ending 31 December 2020 on Tuesday. Its adjusted EBITA (earnings ...
Source: wutzkohphoto, Shutterstock Summary Consumer rights body Which? filed a lawsuit against tech giant Qualcomm accusing it of breach of anti-competitive laws. If Which? wins, smartphone users may collectively receive £482.5 million a...