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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Vodafone (LON: VOD), O2 And Three Join Hands to Tackle Rural Coverage

Vodafone (LON: VOD), O2 And Three Join Hands to Tackle Rural Coverage

Summary Vodafone, O2 and Three will join hands and boost service quality in rural areas. The telecom giants are expected to boost 4G coverage in rural areas that have poor connectivity. The UK telecom giants are expected to boost 4G covera...

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Netflix crosses 200m paid subscribers, shares zoom 14% aftermarket 

Netflix crosses 200m paid subscribers, shares zoom 14% aftermarket 

Summary Netflix Inc crossed the 200 million paid subscribers mark for the first time. In FY20, Netflix added 37 million paid memberships translating into a total revenue of $25 billion. Netflix shares rallied by more than 1...

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BBC should decide its future plans clearly, suggests National Audit Office

BBC should decide its future plans clearly, suggests National Audit Office

Summary National Audit Office stressed that BBC is required to formulate a strategic financial plan to secure its future. The report published by the NAO highlighted that there was a fall in the viewership, followed by a decline in income of th...

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Telecom Industry: Will There Be Any Additional Cost for Subscribers In 2021?

Telecom Industry: Will There Be Any Additional Cost for Subscribers In 2021?

Summary All the existing EU rules and regulations will remain in place and will be applicable. The ban on roaming charges will continue even as decided in the free trade deal The telecom industry of the UK is going through a period of inte...

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Vodafone Group (LON: VOD) Unveils Tender Offer for Kabel Deutschland Minority Holdings

Vodafone Group (LON: VOD) Unveils Tender Offer for Kabel Deutschland Minority Holdings

Summary Vodafone Group along with its wholly owned subsidiary Vodafone KDG announced a tender offer for Kabel Deutschland Holding AG. Last year, Elliott and other minority holders had claimed that Vodafone had underpaid for its purchase in KDG....

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TalkTalk Telecom (LON: TALK) to be bought out in a 1.11-billion deal

TalkTalk Telecom (LON: TALK) to be bought out in a 1.11-billion deal

Summary TalkTalk Telecom Group PLC (LON: TALK) said that it has agreed to be taken over by Tosca IOM. The company announced its half yearly results, witnessing a decline in its headline revenue and EBITDA The FTSE 250 company informed that Kat...

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BT Group (LON: BT) fined £6.3 million for breaking telecom regulations

BT Group (LON: BT) fined £6.3 million for breaking telecom regulations

Summary 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 ...

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CMA launches investigation into the merger of O2 and Virgin Media

CMA launches investigation into the merger of O2 and Virgin Media

Summary 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...

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How will JTC (LON: JTC) benefit by acquiring CEES?

How will JTC (LON: JTC) benefit by acquiring CEES?

Summary 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...

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Gfinity Plc (LON: GFIN) acquires digital news platform Epicstream

Gfinity Plc (LON: GFIN) acquires digital news platform Epicstream

Summary 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...

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