AT&T jumps after activist investor announces $3.2B stake, pens open letter calling for restructuring
Elliot Management Corp predicted shares could reach $60 by the end of 2021 under its "Activating AT&T" plan
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Elliot Management Corp predicted shares could reach $60 by the end of 2021 under its "Activating AT&T" plan
The car giant is making its debut in Formula E this season, and its first ever car will bear the Vodafone logo
UBS maintained a ‘neutral’ rating on BT's shares but cut its target price to 165p from 240p.
A private equity group is said to be interested in buying the business
Allot will boost the mobile service provider’s security by protecting fixed, and mobile customers against phishing, crypto-jacking, malware and ransomware
Weekend reports suggest the blue-chip firm is set to offload telecoms towers and broadband cables that serve the firm’s Global Services business customers in the EU country
BATM’s chief executive officer, Zvi Marom said "we expect to report good growth for full year 2019, in line with the Board's expectations”
Allot and McAfee created a secure connection for the company's small and medium-sized business customers, known as Conexión Segura Empresas
Management reiterated expectations for revenue of between $106 million to $110 million for 2019, representing double-digit year-on-year growth
Barclays maintained an ‘equal weight’ rating and target price of 240p on BT after the company reported mixed results for the first quarter
Chief executive Philip Jansen said the group was “on track” to meet its full-year guidance
"We are pleased that this transaction has been successfully concluded and that we have generated additional value from this legacy asset," said chief executive Dr Zvi Marom.
The FTSE 100 group will spin off its passive towers joint venture into Milan-listed Inwit and also has agreed a plan to deploy 5G across Italy faster and at a lower cost
Organic service revenue for the quarter was down just 0.2%, an improvement on the 0.7% drop in the fourth quarter, and with Vodafone expecting this recovery to continue.
The pair will deploy their own separate radio antennae in 23 large cities, covering 16% of combined mobile mast sites
BT's Openreach has "little choice but to accelerate" its fibre broadband rollout in order to gain scale quickly amid reports that Virgin Media is seeking to expand its fibre footprint
The Competition & Markets Authority will extend its investigation to include any concerns over national security or competition
The telecoms group is to move to a new site in Aldgate by the end of 2021, when it has to move out of its current HQ near St Paul’s, which it sold off last week for £210mln
The new ultra-high capacity cloud platform will allow network operators to open their networks to “a new ecosystem and value chain, such as internet-of-things applications”
The FTSE 100 group will become the biggest telecoms company in Europe when the €18.4bn deal completes around the end of this month