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Top 5 FTSE 5G stocks to connect with
July 08, 2021 07:49 AM BST| By Kamalika Ghosh5G technology is once again in focus after the UK government launched a competition for 5G network building. This £30 million competition aims to turn the nation into a leading global destination for developing the next-gen 5G networks. 5G n.....
Focus on Vodafone And BT Group as CMA Approves Merger of Virgin Media and O2
May 20, 2021 04:03 PM BST| By Suhita PoddarThe 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 .....
2 FTSE 100 Telecom Stocks to Focus After KPN Shares Fall
March 24, 2021 06:28 AM GMT| By Suhita PoddarSource: 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...
3 FTSE Retail Stocks in Focus After Kingfisher Shares Surge
March 22, 2021 03:52 PM GMT| By Suhita PoddarSource: 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...
Focus on 3 FTSE Communications Stocks with Over 100% 1-Year Return as Zoom’s Profit Increase
March 22, 2021 03:34 PM GMT| By Suhita PoddarSource: 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...
3 FTSE Telecom Stocks in Focus as Vodafone’s Spin Off Vantage Makes Its Debut
March 18, 2021 08:43 AM GMT| By Suhita PoddarSource: 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...
Spectrum Auction: 3 Telecom Stocks with Over 30% One-Year Return in Focus
March 17, 2021 04:21 PM GMT| By AbhijeetSource: 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...
ITV (LON: ITV) shares dip after it reports fall in earnings in FY2020
March 09, 2021 11:23 AM GMT| By Team Kalkine Mediapound;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...
Why 4G Smartphone Users in UK Might Receive £482.5 Mn In Payout from Qualcomm
February 27, 2021 12:25 AM GMT| By Suhita PoddarSource: 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
February 25, 2021 10:06 AM GMT| By Suhita PoddarSource: 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...
O2 fined £10.5m for Overcharging Subscribers for Almost A Decade
February 14, 2021 12:46 AM GMT| By Kunal SawhneySummary 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 .....
How Electronic Arts’ new acquisition will change its future
February 10, 2021 07:42 AM GMT| By Team Kalkine MediaSummary 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. .....
Tencent Music Entertainment acquires equity interest in Universal Music
February 01, 2021 01:39 PM GMT| By Hina ChowdharySummary 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.....
BT Group PLC (LON: BT.A) announces recruitment plans
January 27, 2021 04:03 PM GMT| By Hina ChowdharySummary 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.....
Vodafone (LON: VOD), O2 And Three Join Hands to Tackle Rural Coverage
January 27, 2021 12:13 PM GMT| By Hina ChowdharySummary 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.....
Netflix crosses 200m paid subscribers, shares zoom 14% aftermarket
January 20, 2021 11:37 AM GMT| By Kunal SawhneySummary 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.....
BBC should decide its future plans clearly, suggests National Audit Office
January 20, 2021 10:18 AM GMT| By Kunal SawhneySummary 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.....
Telecom Industry: Will There Be Any Additional Cost for Subscribers In 2021?
January 03, 2021 12:57 AM GMT| By Hina ChowdharySummary 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.....
Vodafone Group (LON: VOD) Unveils Tender Offer for Kabel Deutschland Minority Holdings
December 23, 2020 05:52 AM GMT| By Team Kalkine MediaSummary 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......
TalkTalk Telecom (LON: TALK) to be bought out in a 1.11-billion deal
December 17, 2020 02:56 PM GMT| By Kunal SawhneySummary 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.....
