BT audit failings land PWC £1.75mln fine
BT eventually took a £513mln charge for the fraud in its Italian arm
Archive
Telecoms
2522 stories · page 30 of 127
Spirent pre-tax profit and revenue soars
Pre-tax profit was US$40.3mln, 16% higher than the first half of last year.
Virgin Media O2 secures £4.5bn for fibre network expansion
The company has agreed to build a full-fibre network that will provide connectivity to up to 7mln homes
UK taxpayer liable to pick up the tab on up to £2bn of defaulted Covid-19 loans
The British Business Bank has so far settled £420mln of claims made by lenders under the loan guarantee scheme
BT reports first sales growth since 2017 and says current trading in line
The telecoms giant faces widespread strike action over the next two weeks as workers demand pay increases
Vodafone boosts revenue 1.6% after UK price increases
The mobile phone operator will work with Vantage Towers to tap into mainland Europe where sales revenue lagged
Will Amazon stave off declines in digital advertising?
Amazon recently announced plans to generate more than 4000 new jobs in the UK
Week ahead: Avalanche of news including Lloyds Bank, Shell, Apple, Amazon and US rate decision
It's an absolute flood of news next from tech giants, household names and even the Federal Reserve chipping in
BT Group outlook clouded as industrial action looms
Investors will be looking for reassurance from telecoms giant when it reports Q1 results on Thursday with threats of industrial action on the horizon and economic pressures building on the business
Snap bears the brunt as digital advertising suffers in downturn
Shares tumbled 25% as it missed a raft of Wall St forecasts
BT and Warner Bros sports joint venture cleared by UK competition watchdog
The joint venture is expected to be completed in the coming weeks
BT and ITV investigated over potential pay fixing for sports freelancers
The CMA is investigating the broadcasters under Section 25 of the Competition Act, which focuses on potential cartels
BT takeover bid to be blocked by Kwarteng
Primary shareholder Drahi increased his stake in December 2021
Is Vodafone a growth stock? ... Deutsche Bank's lofty target suggests it is
Deutsche’s ‘buy’ recommendation suggests more than 70% upside to the current market price of around 127p.
Strike call to dominate BT's quarterlies suggests Citi
Growth in the consumer and broadband arms will offset declines in Enterprise and GS
Bigblu Broadband continues to trade in line with expectations, well positioned for second half
Total revenue for the six months to end-May grew 13.8% to £14.9mln, while adjusted EBITDA climbed 1.4% to £2.0mln
FTSE 100 ends flat as Wall Street dips again after dire first half to 2022
At the close, the UK blue-chip index was just 0.63 points lower at 7,168.65, below the session peak of 7,214.82 but well above the day’s low of 7,101.38
BT has prepared for potential strike amid political pressure not to hike pay offer
The company's main trade union will announce the result of its strike ballot tomorrow afternoon, with analysts expecting a 'yes' vote
When is a food bank not a food bank: BT disputes union claim
Earlier this week the telecoms group held a virtual town hall meeting where boss Philip Jansen, who saw his own pay rise 32% this year, said a strike would “damage the business” by harming customer relationships
BT and Vodafone set to meet culture secretary over cost of living crisis
Berenberg warns that mass-market pricing could damage investment in the sector