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“With the combined pension and net debt position a rather daunting £16.1bn, it’s hard to see the new CEO raising the dividend in May’s full years,” said George Salmon, equity analyst at Hargreaves Lansdown
Outgoing chief executive, Gavin Patterson, said he believes he is handing over the business to new boss Phil Jansen with “good momentum behind its ongoing transformation programme”
The lock-up on Deutsche Telekom’s 12% holding in BT — a legacy of the £12.5bn sale of mobile phones business EE to the FTSE 100-listed firm in 2015 — ended on January 29
The FTSE 250-listed global mobile satellite communications group said more than 175 aircraft within the Garuda Indonesia Group will now be equipped with GX Aviation
The jobs — about 1,600 of which will be new roles — are an extension of the company’s largest-ever recruitment drive to hire 6,500 apprentice engineers this year and next
The firm said the initial US$14.5mln would be funded by the end of March, while the remaining US$15.5mln is to be funded by the end of 2020
Berenberg sees BT's full-year results in May as an opportunity for new boss Phil Jansen to lay out his plan for the business
Vodafone's third-quarter revenue was dented by the adoption of IFRS 15 rules, the sale of its Qatar stake and foreign exchange headwinds
Nick Jeffery, Vodafone UK’s chief executive said: “We believe that these plans will generate significant benefits for our business and our customers as we move into the digital era of connected devices, appliances and systems on a mass scal
“On one hand dividends and pension constrain investment budgets, on the other, competitors are starting to receive funds for ambitious new builds and are mobilising to avail of duct and pole access regulation,” Deutsche Bank said
Barclays expects BT’s revenues to fall 1.5% and earnings to drop 5.6% in the third quarter
The company, which installed the previous network in 2016, said the upgrade would allow KENET to upgrade the quality of its existing services
Spirent Communications said full year revenue gained 6%, driven by growth in the networks and security division
A Tier 1 US Network operator is adopting Allot’s IoTSecure solution to protect IoT (Internet of Things) devices on its network
The bank said that despite the mobile operator saying its March 2019 dividend would be unchanged, with a payout costing €4.1bn per year it would be “unsustainable beyond that”
Deloitte, EY and KPMG will all want to win the Vodafone contract, which earned PwC more than £20mln last year
Following the vote, its Remuneration Committee Chairman invited a broad selection of shareholders and proxy advisory bodies to meet with him to understand their views on executive pay at BT
The Citizens Advice Bureau recently filed a ‘super-complaint’ in which it criticised companies from various industries for taking advantage of loyal customers
Ofcom has launched a review into broadband pricing practices over concerns customers are paying more than they should
"Huawei remains an important equipment provider outside the core network, and a valued innovation partner," BT said
