BT Group tries to reassure as Italian issues overshadow quarterly results
BT posted third quarter pretax profits of £526min, down from £832mln a year earlier, as revenues rose to £6.13bn.
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BT posted third quarter pretax profits of £526min, down from £832mln a year earlier, as revenues rose to £6.13bn.
BT's 'Italian Job' has done more than 'blow the bloody doors off'. Was the reaction overdone?
Charter Communications shares were one of the top three gainers in the S&P 500 index’s latest record high registered on Thursday
After Tuesday’s share price debacle, investors will be hoping BT Group can provide some reassurance with third-quarter numbers on Friday.
Verizon reported its third consecutive quarterly decline after six years of growth, with earnings of US$4.5bln, or US$1.10 a share, down from US$5.39bn, or US$1.32 a share.
BT also spooked investors with a cautious update in today’s announcement, saying “the outlook for UK public sector and international corporate markets has deteriorated.”
The broker expects average revenue per user (ARPU) to decline at a faster pace than the market is currently predicting
The FTSE 100-listed firm, which announced an initial investigation in October, said the review had found “a complex set of improper sales, purchase and leasing transactions.”
Department 13 International (ASX:D13) has commercially launched its flagship counter-drone product, MESMER Version 1.0, a patented, non-kinetic drone mitigation solution.
Up until now BT Sport had been free to its TV channel subscribers
Of the 14 brokers logged as following BT, eight are ‘buyers’ and only two have ‘sell’ recommendations on the stock.
The acquisitive satcoms company, which specialises in the provision of rural and last mile broadband services, has bought a French rival
The research house repeated its ‘buy’ recommendation on the stock and 560p a share price target.
It may be the Netherlands but Vodafone believes the future is not orange
The company's CTO spent £192,500 buying shares at 7.7p a throw
Chinese partner Egens Biotechnology Company has paid US$2.85mln for a 4.9% stake in Adaltis and is providing a US$1.5mln shareholder loan.
The group said that a key strategic review of the business, which began in July, has led it to terminate the formal sale process it had announced in September.
The contract, worth about €1.75mln, is for the supply and installation of a unit at one of the customer's bovine slaughterhouses.
With coverage of just 53% – the amount of time the average user has access to 4G – the UK network is worse than Romania and Albania, Panama and Peru, according to the National Infrastructure Commission report.
Haitong’s analysts drew this conclusion after studying submissions the trustee of the BT Pension Scheme (BTPS) made to Ofcom on October 4, which were published on November 29.