Warner Bros Discovery makes steady start on market debut
Warner Bros Discovery Inc will run three streaming services; it also owns the Warner Bros film studio and a number of cable channels
Sector
2551 stories · page 33 of 128
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
Think of a number. Halve it. Add your birth year and the current temperature. Chances are you'll be closer to the non-farm payrolls number than many economists.
“The new business would be a 50/50 joint venture and operational later this year
The group expects adjusted revenue for the year to end-March 2022 to be 2% lower than in the prior year
There are at least 12 companies in the FTSE 350 with activist funds on the share register, including Vodafone, GSK and Unilever