BT Deals & M&A – Page 2
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Weekly Briefings
BTwatch Weekly: BT adds to concerns about Vodafone−Three UK merger, EE Finance gets Patterson’s Glow
Latest from BT and its ecosystem of partners and suppliers in a week where the UK’s competition authority revealed the level of concern it has about Vodafone UK’s proposed merger with Three — with BT’s networks found to be one potential flashpoint. EE continues retail revamp; Etc. ignites EV charging trial; and Business advances its Portfolio makeover…
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M&A
BT revives Ireland sale talks as Kirkby picks up where Jansen left off — report
BT said to be considering BT Ireland sale as new CEO Allison Kirkby attempts what Philip Jansen could not. A sale would extend the asset-light strategy taken on at BT Business…
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People
Ex-BT CEO Patterson takes chair of edtech company Kahoot
Gavin Patterson named Chair of new Board of Directors at recently privatised online learning platform company Kahoot.
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Suppliers & SCM
BT Sourced chief: procuretech Globality now ‘core’ to Group buying
Cyril Pourrat heralds autonomous sourcing specialist as “way beyond indirect”; now handling two-thirds of BT Sourced spend. Foresees procuretech platform consolidation, driven by AI and users…
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Premium
Elsewhere in BT Consumer: BT’s brief interest in consumer electronics reseller musicMagpie dies a quick death
BT’s brief interest in consumer electronics reseller musicMagpie dies a quick death.
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M&A
BT eyes musicMagpie: flailing gadget marketplace offers circular economy, consumer tech boost
musicMagpie confirms “very early” talks with BT and private equity partner Aurelius as operator seeks to spin up circular economy credentials, stretch into consumer retail via New EE.
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Strategy & Change
Höttges gives BT a year, but ‘all ideas’ on the table
Deutsche Telekom Chief Executive Timotheus Höttges sets expectations for incoming BT CEO Allison Kirkby as rumours circulate about the future of Deutsche Telekom’s BT stake.
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M&A
BT braces for Deutsche Telekom takeover bid — report
German incumbent said to be interested in spearheading takeover bid of British counterpart and take it private.
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Premium
BT FY22–23: BT buys time with merger as B2B troubles linger
Global and Enterprise go out with a whimper, as Jansen stresses merger cost savings will provide breathing space for BT to refocus in the B2B sector.
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M&A
BT’s smart locker sale gets regulatory green light
Pelipod acquisition by connected locker player ByBox granted CMA approval.
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Strategy & Change
Drahi builds BT bet as stake nears 25%
French billionaire ups BT holding via Altice UK vehicle but shushes takeover talk.
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Premium
Trooli set to become latest in UK altnet consolidation
Founders of fibre challenger resign, making way for director appointments by anticipated buyer, Vauban Infrastructure Partners.
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Premium
Elsewhere in BT Group: BT sits on fence over Three–Vodafone merger
BT sits on fence over Three–Vodafone merger, but acknowledges potential for more efficient market.
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Premium
Elsewhere in Openreach: Openreach initiates ‘shallow build’ trial to extend FTTP network
Openreach initiates ‘shallow build’ trial to extend FTTP network
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Premium
Competition watchdog reviewing BT’s planned Pelipod sale
Sale of ‘smart locker’ enabler, announced at end of 2022, comes under CMA microscope.
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Premium
Contractor Morrison Telecom Services buys out competition, strengthens Openreach ties
MTS acquires part of Light Source Design from administrators, saving 83 jobs.
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Premium
Union “deeply concerned” over BT Sport redundancies
More than 200 BT Sport staff put at risk of redundancy following transfer to Warner Bros. Discovery.
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Premium
BT agrees sale of Pelipod logistics business
ByBox indicates deal should be completed in early‑2023
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Strategy & Change
UK altnet Giganet plots wholesale play to counter Openreach threat
After acquiring ISP Cuckoo, the altnet’s next move is opening its network. Wholesale is necessary to compete with Openreach and “just makes business sense”, says CEO Jarlath Finnegan.
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M&A
BT’s Allera backs Vodafone–Three merger
Marc Allera says arguments against consolidation are “out of touch with the reality today”.