BT hits cost savings target 18 months early November 1, 2021 BT said this morning it had delivered on its cost saving programme 18 months ahead of a March 2023 target, driving its shares up 6%.
BT takes £600m landline charges case to the Court of Appeal October 19, 2021 BT will continue to defend itself against the claim of overcharging customers by taking the tribunal ruling to the Court of Appeal.
Court gives 2m angry Brits the green light to claim £600m from BT September 28, 2021 A court has approved a £600m legal case against BT, on behalf of some 2m landline customers who claim they have been overcharged. The telecoms giant was investigated by Ofcom in 2017 for similar claims, which led to BT trimming future bills for those who felt short-changed. Director of Advocacy and Policy at Which?, Rocio [...]
DAZN in talks to buy BT Sport September 22, 2021 Sports streaming service DAZN is in late stage conversations to buy BT’s sports business, according to the Financial Times which first reported the news. The chairman of DAZN, Kevin Mayer, reportedly told an industry conference that he would “love to have EPL [English Premier League] ultimately,” and was “possibly” interested in BT Sport. The TV [...]
BT to hire 1,000 staff outside of London as part of ‘levelling up agenda’ September 16, 2021 BT is set to hire around 1,000 new staff to fill the broadband giant’s flagship Birmingham office, its first major site outside of London. There are currently some 225 positions available, which will grow over the coming months and years, BT said in a statement. The FTSE 100 has been slowly introducing its workforce back [...]
Worst kept secret confirmed as Crozier moves to head up BT August 17, 2021 Adam Crozier has been confirmed as the new chairman of BT following the retirement of Jan du Plessis. It has been known for some time that Crozier would be taking up the post after The Sunday Times revealed that he had beaten off three other candidates for the post earlier this month. Crozier is an [...]
Space-tech: Billionaire Bezos’ flight to space to draw in starry-eyed investors July 21, 2021 Following Amazon boss Jeff Bezos’ 10-minute venture into space yesterday, space-tech investment may be set to rocket, space-fund boss Mark Boggett has said. Just last week Boggett’s space investment firm Seraphim Space listed on the London Stock Exchange after rallying £178.4m from starry-eyed investors in mid-July. “Branson, Musk and Bezos initially cracked open the [...]
BT takes multi-million-pound stake in US cyber firm Safe Security July 21, 2021 BT has taken a multi-million-pound stake in a US cyber firm as the telecoms giant looks to ramp up its presence in the cybersecurity sector. The FTSE 100 company will be the largest investor in a funding round in Safe Security, which specialises in cyber risk management. Headquartered in Silicon Valley, the company’s platform allows [...]
BT sets sights on Elon Musk’s SpaceX after Oneweb satellite deal July 14, 2021 BT is eyeing up a deal with Elon Musk’s SpaceX as the telecoms giant looks to adopt satellite technology to roll out the UK’s next-generation broadband network. The blue-chip group has already inked an agreement with British firm Oneweb to explore how satellites could be used to beam internet services to rural areas that are [...]
EE to remove data charges during England Euro 2020 final July 9, 2021 EE customers will be able to stream England’s Euro 2020 final clash against Italy on Sunday night for no extra cost after the mobile network said it will remove data charges. The company today said that any data used from 6pm until midnight on Sunday will be free of charge. The data freebie, which will [...]
