Latest UK News – Page 5
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PeopleBT Peoplewatch: B2B shaken up, ExCo slimmed down
20+ senior and strategic changes across the Group, including: Corporate & Brand lead leaves the top team after just six months; Business overhaul continues; VM O2 exec brought in to lead Mobile at EE; more from the Etc. and innovation fall out…
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PeopleVodafone Peoplewatch: top-table refresh at Group and across Europe
30+ senior and strategic changes including a new Investments & Strategy lead; UK exec refresh; more in the Germany ExCo overhaul; a move from Vodafone to shareholder e&; and a data centre swap in Turkey…
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Suppliers & SCMHitachi–Telent JV picks up £80m telecoms deal for HS2
Rail and infrastructure specialists unite to secure contract overseeing high‑speed rail links comms requirements.
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Financial & PerformanceEutelsat overhauls board as losses mount
Challenged SatCo performs boardroom reshuffle and financial reshaping to drive greater “flexibility”. CEO Eva Berneke affirms LEO expansion on the way, with positive developments in last six months…
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M&AVirgin Media O2 said to attract first offers in £1bn NetCo stake sale
Spanish media reports Virgin Media O2 owners Telefónica and Liberty Global have received non-binding offers from investors for a 40% stake in the planned NetCo carve out, with BlackRock and CPP Investments in the mixer.
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Suppliers & SCMBT taps Cisco AI know-how for UK-wide office spruce-up
Cisco Spaces built into BT’s Better Workplace real estate redevelopment scheme as Group eyes dark compute and AI in the network opportunities…
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Weekly BriefingsVodafonewatch Weekly Q3 special: German woe distracts from bright sparks in Europe, Africa
Latest from Vodafone as Q3 earnings are digested, leaving investors with a sour taste but management still hungry (and expectant) for a turnaround in the near future. Major executive changes in UK and Investments; MOCN shared network deal goes live in Oz; massive capex uptick in India; strategic deals signed with Mobily, Advantage; more…
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PeopleVodafone–Three MergeCo CEO names UK leadership team
Max Taylor lines up eleven lieutenants, only three of which come from Three UK as merger completion nears…
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M&ACityFibre confirms M&A outreach, predicts 2025 acceleration and ‘inflection point’
UK’s largest altnet actively engaging rival FibreCos to discuss rollup deals. Sees M&A as “major opportunity” to up competitive pressure on incumbent Openreach. Read more about financial execution, XGS-PON and Sky amongst defining 2025 aspects after first year of profitability
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Financial & PerformanceQ3 FY24–25: de-bloated Vodafone still struggling for buoyancy
Q3 FY24–25: Patience on Vodafone’s turnaround prospects shown to be wearing thin after German shortcomings prove too much, and management attempts to promote good news from elsewhere fall flat. Although there are positives, there is plenty of work to be done by Margherita Della Valle to keep the markets on-side in the interim…
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Financial & PerformanceQ3 FY24–25 Spend: Vodafone to hold the line as foundations laid for future returns
Q3 FY24–25: Prior year investment beginning to pay off, if management is believed, but mammoth task remains in the Group’s largest market. CFO Luka Mucic satisfied with capital allocation and intensity, without getting carried away…
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Financial & PerformanceVodafone Q3 In-depth: Germany takes shine off comparatively bright quarter
Q3 FY24–25: Shoddy numbers of Vodafone Germany drag down Group performance, but good work in rest of Europe and Africa provides some distracting positivity.
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Weekly BriefingsBTwatch Weekly: sowing XGS-PON seeds; Group restructure advances
Latest from BT, including a rejigged innovation proposition as Tom Guy exits; sale confirmed for Irish enterprise and wholesale business; divestment reportedly in the works for TNT Sports stake; plus more from Openreach and Nokia, diversity and inclusion commitment changes, and new offices in Scotland…
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M&ABT kicks off talks to exit TNT Sports venture — report
Group reportedly at early stages of discussions to offload 50% stake in venture to Warner Bros. Discovery. Move previously hinted at by BT chief Allison Kirkby, as part of strategy to remove non-core distractions from the operator…
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Weekly BriefingsUK Infrawatch Weekly: UK satellite taking off; Equitix bailing on Gigaclear?
Latest from the digital infra scene in the UK, including the latest on public sector network investment; a rapidly developing SatComms scene; signs of Equitix edging away from Gigaclear, and plenty more…
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Innovation (R&D)BT to create unified innovation function as Division X, Etc. combine
Group seeks to “sharpen” connectivity focus and meet evolving customer needs with new innovation team, under the watch of Tom Meakin’s Strategy & Change team. Longstanding Etc. chief Tom Guy leaves the Group, while Business’s Division X joins forces with the ‘startup from within’…
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Strategy & ChangeBT ‘remains committed’ to diversity despite dropping DEI calculator
BT’s decision to drop the diversity, equity, and inclusion targets from its management bonus scheme comes as the corporate world reassesses the benefits of DEI measures. BT claims to be ready to move on with DEI already embedded, but has it reneged on commitments without first meeting targets?
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Weekly BriefingsBTwatch Weekly: patience required after more mixed results
Latest from BT, including an in-depth look at the Group’s Q3 earnings, the new BT Business CEO, and Openreach’s broadband vulnerability; Ireland divestment confirmed; rural Scotland build rolls on; more…
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Suppliers & SCMVirgin Media O2 puts Hansen on five-year tech revamp mission
Australian software provider Hansen to support UK joint venture on digital transformation and wider business revival plan.
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Venturing & InvestmentsDeutsche Telekom invests in voice AI startup ElevenLabs
Group’s corporate venture arm T.Capital splashes out on a strategic stake in UK-based artificial intelligence voice startup ElevenLabs with intentions to roll out the popular tech to customers.