BT Deals & M&A – Page 4
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PremiumElsewhere in BT Group: O2-VM gets provisional nod
BT remains neutral as CMA clears Virgin Media–O2 deal.
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M&ABT absorbs Local Business agent Fourfront
Reseller relationship brought in-house in small transaction. BT says no shift in strategy for SME go-to-market.
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M&ABT to take full OnePhone ownership
Swedish technology partners to be bought out after nine years, bringing the mobile PBX proposition fully under BT umbrella. OnePhone previously flagged as a quiet success of Enterprise portfolio, and now seemingly turning a profit.
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M&ABT Cornwall quietly put into liquidation
Business blighted by falling-out between BT and its local public sector partners to be wound up. Another marker of troubled public-private partnership approach to council contracts confined to past.
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M&ABT retreats in Italy as court date looms
TIM snaffles SME and public sector accounts business, but BT maintaining a presence for large enterprises as well as multinationals. Taint of accounting scandal lingers, with former Global executives set for trial in 2021.
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PremiumElsewhere in BT Group: Cisco takes IMImobile
Partners Cisco and IMImobile to meld customer comms solutions.
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Strategy & ChangeJansen floats potential for Openreach stake sale
“Open-minded” Jansen may see an Openreach stake sale as a way to relieve pressure on investor demands for a quicker transformation. While CEO’s tone more positive on an asset sale, the challenges of extricating elements of the Group for a sell-off may limit options.
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M&ABT Global wraps up French exit
French infrastructure business bought by IT group said to generate in region of £100m in annual revenue. BT keen to highlight it will maintain a presence in France, with 60 major customers active on the country.
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Enterprise (B2B)BT completes sale of Latin America assets
New company Sencinet to operate BT network assets. With Sencinet partnership, BT keeps a presence in the region. What’s next in Global asset offload?
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PremiumElsewhere in BT Group: SEC exit nears
BT backing off office space rental plans, SEC exit nears, rival TalkTalk set to de-list.
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M&AMBNL’s future up in air as Three ponders mast sale
Both MBNL and Cornerstone, UK MNOs’ two tower joint ventures, appear on the verge of an ownership revamp. Three exit could tie with moves by CK Hutchison to establish a separate TowerCo.
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PeopleFormer BT exec Hanif Lalani stripped of OBE
Lalani’s last BT role was CEO of BT Global Services. He was fined €1.5m by France’s stock market watchdog in 2012.
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OperationsBT–EE meld: more execs become part of the mothership
BT’s de-duplication effort accelerates with more than two thirds of EE’s operations staff being swallowed up by its parent Group since April 2019.
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M&ABT readies itself to ward off unwanted advances
With its share price deflated, dividend suspended, and a series of financial challenges on the horizon, BT Group is consulting on the best way to shore its defences against unsolicited bids. Boutique banker and trusted Vodafone advisor Robey Warshaw may be added to BT defence team. KKR emerges as ...
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Suppliers & SCMAmdocs snaps up emerging rival Openet
Amdocs acquisition follows on the heels of a significant Openet coup at EE, highlighting the threat carried by the Irish competitor.
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M&ABT Global finalises French offload to Computacenter
Asset-light playbook repeated. BT to continue serving MNCs and retain local SoC.
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PremiumBT to face bona fide converged challenge from VM–O2
Liberty Global and Telefónica Group creating a UK “connectivity champion” that will leapfrog Sky to become a close second competitor to BT Group. BT confident in its lead in the convergence race, and upbeat on consolidation opportunities, but Spanish fibre know-how and comparable digital portfolio could present new threat. ...
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M&ABT exits Saudi JV
30-year relationship trimmed back as part of BT’s broader global operations revamp. Transformation process also sees closure of branch in Abu Dhabi.
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Strategy & ChangeBT begins new chapter in Spain
Rosa Ronda to head trimmed-down Spanish unit. Portobello Capital creates new company called Evolutio from former BT assets.
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M&ABT denies Openreach stake sale
FT report sparks speculation on the future of BT’s access services business as Group market cap hits lows, and worries persist on the funding of fibre rollout plans. BT declined to comment officially but senior management vehemently denied the accuracy of the report in internal comments and on ...