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The US State Department has offered a bounty of US$5mln for information that leads to the arrest of Daniel Kinahan, who had been providing a boxing 'consultancy services'
The largest US wireless carrier reported a loss of 36,000 monthly phone subscribers in the quarter, compared with estimates of a loss of 49,300
The US bank added it is now looking at a possible upgrade for BT
Virgin Media O2 hopes to challenge the BT and subsidiary EE with the new offering
Warner Bros Discovery Inc will run three streaming services; it also owns the Warner Bros film studio and a number of cable channels
The pay rise will cost the telecoms giant around £90mln
Energy costs are likely to be a drag of at least €150mln in each of fiscal 2023 and 204.
The UK telco warned in February it faced a €150mln energy headwind but gas prices have since risen by 50%
Gross consideration for the deal is US$55mln, of which 20% is backed by Old Mutual Infrastructure Investment Trust Fund, representing a local Malawian shareholding of 20%
CityFibre is proposing to spend £4bn to take superfast broadband to eight million homes by 2025.
The offers are for a majority stake in the company that was listed in Frankfurt last year
Airtel Africa PLC said it has agreed to settle US$30mln in licensing and operating fees with the Kenyan government through its Kenyan subsidiary, Airtel Kenya Networks Limited.
The 28.1% stake in total was valued at around US$2.6bn based on the last closing price
Price rises of £43 a year follow similar hikes by BT and Virgin Media
The telecoms group has come under increasing pressure since its biggest shareholder, Patrick Drahi, upped his stake to 18% in December, sparking speculation a takeover bid was on the horizon
The sector has underperformed the broader market by 50 percentage points over the past five years.
Reports of consolidating business in Europe have intensified over the last week
Stories have been circulating for a number of weeks linking Vodafone Italia with Iliad’s Italian arm
Reports in the past month had linked the group with a merger with Three UK and Italian mobile group Iliad.
Sky is also under threat from a potentially rejuvenated competitor
