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The medical laboratory and networking solutions provider also said its "strong cash position" meant it is planning to reinstate its dividend for the full year 2020
The communications regulator is proposing to deregulate the market so phone network providers will no longer need to purchase the capability from BT
BT's lower-end guidance envisages renewed lockdown and abrupt withdrawal of government support
The company attributed the higher EBITDA to tenancy growth combined with “continued improvements in operational efficiency"
The telecoms group also said some softness in order intake during its second quarter had "rebounded" in June
The company said the new solution will allow network operators to benefit from a high-performing network with lower energy consumption, operating costs and emissions
COVID-19 in particular has hit the telecoms group in four areas, first-quarter results showed last week, including BT Sport, Openreach, B2B sales and the effect on its pension deficit
The competitive landscape for consumer broadband may have stabilised but news that rival Virgin Media is freezing prices this year “is unhelpful”, said analysts
A positive for the telecoms group was that mobile and fixed-line customer churn reduced 1% in the quarter during lockdown
Places that will get a fibre connection include Millom, Thurso, Ballycastle and Aberystwyth
The bank said Openreach’s plans to build fibre to premises for 20mln more homes over the next 5-10 years, which will require favourable regulation and wholesale deals with major UK service providers, “could happen shortly”
Organic sales fell 1.3% in the first quarter, mostly from the coronavirus pandemic hitting roaming charges
Second quarter user numbers increased by 17% but underwhelmed expectations that were raised in the early weeks of the coronavirus (COVID-19) pandemic
The telecoms group expects average revenue per user to continue to improve in the second half of the year
It has been reported that the infrastructure arm has been valued at roughly £20bn - almost double BT’s market cap
The three new kits are expected to go on sale at the end of the third quarter of 2020
“This has not been an easy decision, but it is the right one for the UK telecoms networks, for our national security and our economy,” media secretary Oliver Dowden said
A statement is expected from the government on Tuesday about the removal of the Chinese tech giant’s 5G telecoms equipment
The broker said the company had made “sustained investment” in its technology in recent years and that the fruits of this were “now being seen in the group’s success”
BATM now expects to report a substantial increase in full-year revenues, at least 25% higher than in 2019 and materially higher than market expectations.
