Altice, the largest shareholder of BT Group PLC (LSE: BT.A), led by billionaire Patrick Drahi, has raised its stake by acquiring an additional 650 million shares.
Altice, the largest shareholder of BT Group PLC (LSE: BT.A), led by billionaire Patrick Drahi, has raised its stake by acquiring an additional 650 million shares.
BT, the telecommunications behemoth, has announced plans to significantly reduce its workforce, from 130,000 to somewhere between 75,000 and 90,000 by the end of the financial year 2030.
UK gas and electricity providers E.On Next, Good Energy, and Octopus Energy have been mandated to pay £8m due to their failure to provide timely compensation for delayed final bills
Ofcom had mandated internet providers to introduce the “one touch switch” service by Monday to help customers facing steep bill hikes.
Perella Weinberg Partners LP London headquarters was searched as part of a German Insider Trading Investigation.
BT is currently under investigation for hiding inflation-busting price increases in its contracts. Customers are now bracing for a sharp rise in their bills.
BT Group PLC announced plans to combine its Global Enterprise and Global units into a single, B2B unit called BT Business. This move will result in cost savings of at
There is peace at BT as the telco group announces a UK Cost of Living Pay Increase that could end strike action at the company.
According to the company, it reported an 18% decline in pretax profits, from just above £1bn to £831m, year-on-year, in the six months to September. It also stated that its
The energy consultancy Cornwall Insight warned that UK consumers will face unprecedented energy-cost increases starting in October. A typical household bill is expected to reach 34,000 by the beginning of
Gas flow via the Yamal Europe pipeline, which normally travels west from Russia into Europe, was reversed Friday. Low supply to Poland from Germany remained largely unchanged since Monday, according