BT dividend looks exposed as cash pressures mount
Around 40,000 staff walked out on strike in October with more industrial action threatened
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BT Group raises cost-savings target to fund fibre build
The group increased its full-year 2025 cost-savings target by £500mln to £3bn and reported a big fall in broadband customers as it unveiled half-year numbers today
BT shares rise ahead of results despite torrent of bad news
UK telecoms competition is stiffening, there are concern over rising interest rates, a pay dispute is unresolved, there were recent alarms for its pension fund and a fine for its accountant over audit failings
Vodafone gets mixed, but ultimately positive messages from Citi analysts
The analysts noted that, though under pressure to execute on the many options Vodafone has in place to crystalise value and improve its balance sheet, market conditions may be favourable mid-term
BT’s Openreach reportedly looking to offer lower wholesale rates to providers
Providers could be offered lower prices to use Openreach’s network throughout the UK, potentially benefitting customers
BT and Openreach staff striking again today
Prior to 29 July BT had not faced any industrial action for nearly 40 years
Snap price target slashed to $12 by Canaccord after big 3Q revenue miss
Canaccord said Snap is growing at the slowest rate in company history as privacy changes and inflation affect advertising spent on the platform
Fobi AI updates investors on pilot projects and partnerships
The company said it is engaged in pilot programs with various clients on an ongoing basis which are generally undertaken by the company for no consideration to show the value of Fobi AI's products
Snap warning drags on Facebook and Google owners
Losses for the quarter were US$360mln with the group now running up a deficit of US$1.14bn in the year so far
Snap stock price crackles and drops over 25% after 3Q revenue miss
"We expect that the operating environment will continue to be challenging in the months ahead," Snap said
BT, Royal Mail and offshore workers strike again as disputes continue
Offshore, Royal Mail and telecom workers are all taking part in industrial action, as disputes with employers continue over pay and conditions.
BT pension scheme lost over a fifth of value due to mini-budget
Unlike some other companies, BT Group was not forced to provide any cash to cover the fall in the value of the assets
Vodafone creates joint venture with Altice to deploy fibre-to-the-home in Germany
Nick Read, Vodafone chief executive, commented: "This significant infrastructure investment supports the country's social, economic and digital development and the broadband ambitions of the German government as part of Europe's Digital Dec
UK competition regulator refers Viasat-Inmarsat merger for in-depth investigation
The referral follows concerns that the merger could lead to a “substantial lessening of competition” in the UK
BT, Virgin and rivals reach 37% full-fibre broadband coverage of UK
A download speed of at least 10Mbps and an upload of 1Mbps is the core requirement of the government’s broadband Universal Service Obligation (USO) in 2020
BT mobile arm EE faces Ofcom probe over contract compliance
New rules introduced in June require telecoms companies to provide customers with a short summary of the main contract terms
Vodafone confirms talks with Three UK to merge British arms
The envisaged transaction would involve both companies combining their UK businesses, with Vodafone owning 51% and CK Hutchison owning 49% of the combined business.
One third of UK households are struggling to pay telecom bills, regulator warns
"It is essential that the industry puts its customers first, and focuses on what more it can do to help support them,” said Lindsey Fussell, Ofcom’s networks and communications group director
Costs will remain Vodafone's near term focus - Citi
'Significant volatility' will remain a feature into next year
BT calls for three days a week office return
BT’s directive comes as more staff this week threatened to walk out over pay