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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
Ofcom has fined BT Group £42mln for breaching rules that abused its market power as the owner of network division Openreach
A total of £185mln of compensation could be paid out to UK customers, Ofcom said.
The broker is concerned that the group's weakening fundamentals may cause it to suspend its divi payment after the first quarter payout.
"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.”
Revenues, underlying earnings and cash in the bank all came in ahead of market expectations
It will upgrade the network infrastructure to increase bandwidth capacity so the client can expand the service offering.
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
The combined company will have nearly 400 mln customers, a 35% customer market share, and 41% revenue market share.
Flexiroam offers globally unified mobile voice and data roaming.
The European regulator has given the thumbs up to AT&T's planned merger with Time Warner but the deal still needs approval from the US Department of Justice
In a note to clients published today, analysts at Barclays Capital reiterated its ‘overweight’ stance on BT Group with an unchanged price target of 475p.
Increased worldwide drone activity is creating security challenges.
BT has agreed to separate from Openreach but will still retain assets, begging the question of whether it gives the network true autonomy
Jan du Plessis is to step down as chairman of the mining giant as he assumes a new position on the board of BT
BATM, which operates in the telecoms and biomedical sectors, is predicted to post revenues of US$100mln, up from US$90.4mln in 2016, with EBITDA rising to US$4.1mln from US$100,000.
Shares in BT have climbed more than 10% in the wake of its earnings alert in mid-January
Maritime earnings make up almost half of Inmarsat’s total revenues, but they were down for the second year in a row
On revenues of US$90.4mln the company generated underlying earnings (EBITDA) of US$2.8mln with the gross margin remaining steady at just over 31%.
Snap's investors will be hoping to see its shares reverse yesterday's decline as it enters its fourth day of trading
