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

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...

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...

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 ...

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. ...

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...

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...