Latest BT Deals – Page 11
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Premium
BT inches toward 100% coverage with OneWeb tie-up
State-backed satellite operator OneWeb snags distribution agreement with BT to launch satellite trials in 2022. Pair share 2028 target for 100% connectivity coverage.
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Venturing & Investments
Höttges: “All options open” for BT stake
Patrick Drahi free to make bigger move on BT from 11 December. French billionaire is planning to increase BT stake, reports Reuters. Sources say any move likely to involve DT. Höttges keeps cards close to chest.
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Partnerships & Alliances
BT Group appoints pensions advisory partner
XPS Pensions Group will support BT’s established in-house team.
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Partnerships & Alliances
UK telcos face missing out on Horizon Europe funding
Political brinkmanship between London and Brussels threatens access to €95.5bn R&D pot. UK preps Discovery Fund as alternative, but unlikely to match largesse of Horizon Europe.
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Financial & Performance
BT highlights cost-cutting progress as Drahi waits in wings
Group confirms it has achieved its headline £1bn savings target well ahead of original March 2023 deadline. Announcement is an attempt to display strengths ahead of this week’s Q2 results and in the face of potential Altice takeover bid before the end of the year.
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Network & Infrastructure
EE says “delays elsewhere” have impacted ESN delivery
Mobile operator “committed to ESN contractual obligations” as Home Office announces revised timetable for the UK’s LTE-based emergency services network. Unveils ESN Coverage Extender prototype from Parallel Wireless as part of ongoing preparations for nationwide shutdown of Airwave.
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Strategy & Change
BT picks advisors to patch takeover vulnerabilities
Robey Warshaw testing BT defences ahead of the end of restrictions on a full takeover bid from major shareholder Altice. Jansen’s ambitious strategy coupled with share price volatility may also be contributing to need for additional City counsellors.
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Premium
BT engages virtual twin(s) on infrastructure resiliency
Group one of three national infrastructure owners to pledge resources to project using simulation tech to overcome impact of climate change on UK’s built environment. Tranche of UK universities and research institutes involved too. Yet another example of BT dipping toes into ‘digital twin’ realm.
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Premium
Oracle wins new role in BT’s 5G network
US supplier to play role in 4G to 5G migration. Huawei woes could have played a role in Oracle’s selection.
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Premium
BT pushes on quantum security with Lumenisity, Toshiba
QKD hook-up with Lumenisity’s hollow core fibre pitched as world first. Senior BT researchers optimistic about multiple use-cases for Lumenisity’s NANF HCF, but commercial timeframes unclear. Collaboration with Toshiba to build “quantum-secure” metro network in and around London.
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Premium
BT helps Ericsson shrink massive MIMO radios
Operator and supplier team up on product development. Lighter weight and easier to handle means faster urban 5G deployment.
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Premium
BT enables Azure data farm at Rolls-Royce testbed
BT infrastructure installed at Rolls-Royce’s Testbed 80 site, linking sensors to analytics tools provided by Microsoft’s Azure.
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Strategy & Change
Digital duo plan to be catalysts of change for BT
Incomers Harmeen Mehta and Rob Shuter are tag-teaming to bring their external perspectives to BT’s digital transformation plans. Enterprise unit set to become a route to market for emerging services, with a “fail fast” mindset. BT described as receptive to need for change, but Mehta calling for people to ...
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Strategy & Change
BT eyes telco tie-ups following buying reboot
Newly inaugurated BT Sourced unit may branch out as a commercial player, selling services to other telcos and big companies. Function’s leadership open to partnerships in and outside industry, including DT and Orange’s BuyIn JV.
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M&A
DAZN targets Premier League with BT Sport bid — reports
Reports indicate BT is in “advanced” stage talks with DAZN to offload BT Sport, with a deal mooted “within weeks”. Broadcasting rights the big-ticket item for US streaming specialist, while BT looks to focus efforts on network expansion.
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Premium
BT Pension Scheme completes Hermes exit
Federated Hermes actions call option to acquire BTPS’s residual shareholding in fund manager. BT on track with pension deficit recovery plan.
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Premium
TEAC UK edge startup Ori adds KX analytics
Speedy analytics and edge compute platform for enterprises. Another step in BT’s private edge network ambitions.
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Premium
BT enhances Forescout security partnership
BT Security wants to help improve cyber-resilience at its enterprise customers.
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Partnerships & Alliances
Arqit CEO lets slip mixed feelings about BT links
Startup boss concedes that its partner is also a QKD competitor, which “changes the addressable market somewhat”. He also tellingly describes BT as “very cautious” at a time when terrestrial QuantumCloud on cusp of commercial rollout.
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M&A
CityFibre eyes fresh cash injection
Press reports suggest Openreach challenger will announce fresh funds through stake sale and bond issue.