Virgin Media O2 is reportedly preparing to cut approximately 4,000 jobs, equivalent to a quarter of its workforce, as the telecommunications giant seeks to reduce operating costs and manage a
BT Rescues TalkTalk From Administration in Deal With £400m Cash Impact
BT Group has acquired TalkTalk out of administration, stepping in after the broadband provider neared collapse.
Government on alert over possible TalkTalk administration
TalkTalk could appoint administrators within days, according to The Telegraph, prompting heightened contingency planning across government, regulators and the telecoms industry.
How to Legally Watch Television Without Paying for a TV Licence
A standard UK TV licence currently costs £180 a year for a colour television and £60.50 for a black-and-white set. However, households that do not watch or record live television
BT and Verizon to combine international businesses in $4bn telecoms joint venture
BT Group PLC (LON: BT.A) and Verizon Communications have agreed to combine their international operations into a new 50:50 joint venture, creating a global connectivity business with approximately US$4 billion
BT expands savings programme after mixed full-year results
BT Group delivered a mixed set of annual results on Thursday, with falling revenues offset by stronger profits, improved customer trends and an expanded long-term cost-saving programme.
RNS Hotlist with Zak Mir: BT.A, IES, BUCE, TUN, MKA, ZIN, BMIN, ROAD, SKA, NTVO, HDD, BHL & GSCU
Reuters: BT Group (BT.A) revenue slightly misses on international and handset declines. UK telecom provider’s fiscal year revenue declined 3%, slightly missing analyst expectations. Adjusted EBITDA was flat year-on-year and slightly
O2 risks customer exodus amid backlash over ‘unfair’ price hikes
O2 is facing the prospect of losing more than two million customers after unexpectedly raising monthly mobile bills by £2.50, according to new data from consumer group Which?.
FTSE 100 poised for a heavy fall at the open
The FTSE 100 looks set for a bruising start on Tuesday, with futures pointing to a sharp 135-point drop — less a gentle dip and more a full-throated plunge. It’s
UK Stocks Flat After Income Tax U-Turn Sparks Market Turmoil
UK equities steadied on Monday after last week’s dramatic sell-off triggered by the Chancellor’s U-turn on raising income tax. The FTSE 100 was largely unchanged in early trading at 9,698.32,
FTSE 100 Set for Slight Dip After Heavy Sell-Off, With Fresh Data in Focus
London equities were poised to open slightly lower on Monday, with the FTSE 100 expected to fall around 10 points at the open following Friday’s triple-digit slump. Traders are bracing
FTSE 100 Closes Lower as Budget Turmoil Shakes Markets
The FTSE 100 ended the session firmly in the red on Friday, closing down 1.1% at 9,698.37 points, as mounting uncertainty over the public finances rattled UK markets.