The UK-based businesses grew at their slowest pace since April 2021 in the three months to January 2022 as per the latest survey conducted by the Confederation of British Industry (CBI). The growth amongst private firms eased to 12% from 21% in the q...
Highlights Vodafone group will potentially acquire its rival firm Three UK. The group is also holding talks for the merger of its Italian business with Iliad. Following the news of mergers, Vodafone shares jumped 4.5% on 24 January. ...
The mobile operators in the UK will start taking roaming charges from customers for using their network in European countries from this year. The mobile operators are allowed to reintroduce roaming charges following the Brexit trade deal in Decembe...
Highlights The CMA recently stated that the UK telecom deal between Cellnex and CK could lead to ‘significant competition concerns’. The investment banking group, Jeffries, recently stated that telecom companies in the EU coul...
FTSE 100 listed telecom service provider BT Group Plc’s (LON: BT. A) stock ended higher by over 6% in the last trading session. At one point of time, the shares of the company were up by around 10%, becoming the top gainer of the blue-chip in...
Highlights Vodafone Group’s board declared an interim dividend of 4.5-euro cents per share to shareholders. BT achieved its gross annualised cost savings target of £1 billion, 18 months ahead of the March 2023 timeline. Telecom...
Highlights BT Group’s shares rose over 4 per cent after it reached its £1 billion cost savings target by 18 months in advance. The company seems to have accelerated its cost-savings programme amid talks of a potential takeover offer...
Highlights Shares of BT Plc collapsed approximately 8% to a six-month low After partially recovering in late deals, the stock was trading 4% lower Shares of BT Plc (LON: BT), the UK’s largest telecommunications company, collaps...
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...