Communication Stocks

UK’s Fibre-Optic fund and top 5 FTSE telecom companies

 UK’s Fibre-Optic fund and top 5 FTSE telecom companies

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...

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   Focus on 3 FTSE Communications Stocks with Over 100% 1-Year Return as Zoom’s Profit Increase

  Focus on 3 FTSE Communications Stocks with Over 100% 1-Year Return as Zoom’s Profit Increase

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...

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3 FTSE Telecom Stocks in Focus as Vodafone’s Spin Off Vantage Makes Its Debut

3 FTSE Telecom Stocks in Focus as Vodafone’s Spin Off Vantage Makes Its Debut

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...

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Spectrum Auction: 3 Telecom Stocks with Over 30% One-Year Return in Focus

Spectrum Auction: 3 Telecom Stocks with Over 30% One-Year Return in Focus

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...

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ITV (LON: ITV) shares dip after it reports fall in earnings in FY2020

ITV (LON: ITV) shares dip after it reports fall in earnings in FY2020

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 ...

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Why 4G Smartphone Users in UK Might Receive £482.5 Mn In Payout from Qualcomm

Why 4G Smartphone Users in UK Might Receive £482.5 Mn In Payout from Qualcomm

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...

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How BT Group’s Renewables Supply Deal with Total SE will Impact Its Climate Goals

How BT Group’s Renewables Supply Deal with Total SE will Impact Its Climate Goals

Source: PopTika, Shutterstock Summary Telecom major BT Group has signed a three-year renewable energy supply deal with French oil and gas company Total SE starting from April 2022. The deal includes the supply of about 1,124 GWh of e...

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O2 fined £10.5m for Overcharging Subscribers for Almost A Decade

O2 fined £10.5m for Overcharging Subscribers for Almost A Decade

Summary The company had been facing troubles with its billing procedure since 2011. Almost 140,000 exiting subscribers wrongfully paid £2.4million as extra charges.   UK’s second-largest service provider O2 was penalised ...

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How Electronic Arts’ new acquisition will change its future

How Electronic Arts’ new acquisition will change its future

Summary EA is all set to buy Glu Mobile for $2.4 billion. Glu shares rose substantially by 35 per cent to $12.67 on 9 February. EA is also expected to buy UK-based producer of auto-racing games Codemasters Software Company Ltd. ...

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Tencent Music Entertainment acquires equity interest in Universal Music

Tencent Music Entertainment acquires equity interest in Universal Music

Summary Tencent Music Entertainment Group had entered into an agreement with Universal Music Group on 29 January to acquire an additional 10 per cent equity stake in the company. This deal will result in an increase in TME’s equity owners...

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BT Group PLC (LON: BT.A) announces recruitment plans 

BT Group PLC (LON: BT.A) announces recruitment plans 

Summary One of the largest employers in the UK has announced it plans to hire 400 apprentices. The move has been appreciated by the national education secretary. London UK-based multinational telecommunications company BT Group P...

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