Verizon slides as it misses Street forecasts with first quarter earnings and sales
Before it brought back an all-you-can-eat data plan, Verizon was on course to lose almost 800,000 phone customers in the first quarter
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Regulator Ofcom nails BT over rivals' access to telegraph poles
The new rules mean competitors must now have equal access to Openreach’s infrastructure
Department 13 wins first Australian order for counter drone solution
MESMER is a low power, non-kinetic drone mitigation solution.
Department 13 International to outline sales agreement
The halt will remain in place until Wednesday 12th April 2017.
Verizon combines AOL and Yahoo! units to form "Oath"
The newly named business will have 20 brands in it, the best known of which are Yahoo! and AOL
AdEPT Telecom shares rise 15% after it says earnings will exceed City expectations
Underlying earnings and net debt are both better than the City was predicting, while the dividend will rise 19%
Satellite Solutions wins contract with Norwegian government to build fixed wireless network
Satellite Solutions has scored a 10-year contract to supply remote Norwegian towns with faster broadband speeds
Snap rises in falling market as it introduces search feature to Snapchat
The function will give easier access to the content archives of Snapchat's “Stories” feature
Verizon names former Ericsson boss to head up fibre network business
Vestberg's team will be responsible for further developing the architecture of Verizon's fiber networks
Regulator tightens grip on BT as it mulls superfast broadband price cap
Ofcom is proposing to reduce the amount BT’s Openreach division can charge competitors for its superfast broadband service
Inmarsat unit chosen to provide satellite communications for US FirstNet emergency network
The FTSE 250-listed firm said Inmarsat Government will work with AT&T to deliver satellite communication solutions as part of the network.
Avanti Communications rises on Sub-Saharan partnership
Millicom will provide the infrastructure and Avanti the satellite communications
Cracking Snap pops higher as no fewer than 8 analysts start coverage, the majority with 'buy'
According to traders, five of the analysts tagged the social media group with the equivalent of a ‘buy’ rating, and three had ‘hold’ or equivalent ratings on the firm
BT Group fined record £42mln by Ofcom over Openreach broadband installation delays
Ofcom has fined BT Group £42mln for breaching rules that abused its market power as the owner of network division Openreach
Ofcom calls on broadband providers like BT Group to give customers ‘instant’ compensation
A total of £185mln of compensation could be paid out to UK customers, Ofcom said.
Frontier Communications big loser on Nasdaq on Goldman downgrade
The broker is concerned that the group's weakening fundamentals may cause it to suspend its divi payment after the first quarter payout.
BT’s Plusnet fined by Ofcom for overcharging customers
"This fine should serve as a reminder to telecoms companies that they must adhere to Ofcom's billing rules at all times, or face the consequences.”
Satellite Solutions sees revenues and customers triple in 2016
Revenues, underlying earnings and cash in the bank all came in ahead of market expectations
BATM Advanced Communications Limited lands US$2.8mln Kenya contract
It will upgrade the network infrastructure to increase bandwidth capacity so the client can expand the service offering.
Vodafone grabs India's telecoms tiger by the tail in merging its operations with rival Idea Cellular
More than 10 telecom operators are battling it out to try and attract India's one billion mobile users, forcing firms to keep tariffs low, significantly impacting their profitability