Latest UK News – Page 66
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Operations
Newgate St: BT has left the building
Facilities management partner completes “decommissioning” of the Group’s former HQ, ending long historical association with St. Pauls location.
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Network & Infrastructure
Macquarie linked with £10bn UK infrastructure boost
Australian group points to planned investments in UK broadband. Macquarie has snapped up local providers including KCOM, Voneus, and Wavenet.
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M&A
Iliad makes move on Vodafone Italy
France-based Iliad Group said to have tabled an offer to Vodafone board last week. Vodafone share price gets short-lived bounce. Read’s self-styled “proactive” approach to M&A under the spotlight (again).
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Elsewhere in UK: VM O2 to establish refurbished device scheme
VM O2 continues social change efforts with refurbished device lending scheme for temporary accommodation residents; CWU swaps target-driven bonuses for 10% salary increase for retail staff.
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VM O2 signals private network ambitions
JV collaborating with Nokia on private mobile networks since 2020. Further deals could be in pipeline.
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VM O2 CTO Jeanie York tackles convergence complexity
York opens up on bringing together technology, products, and teams. CTO, CIO, and CDO are separate but collaborate. New Volt converged service is result of squad way of working.
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Elsewhere in BT Consumer: Smart Hub 3 router to launch
BT, EE to launch new router; BT Sport hits target for darts coverage.
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UK operators action inflation-linked pricing
BT, EE join fellow operators in price hike announcements as UK inflation pushes broadband and mobile prices up nearly 10%. Consumer challenges affecting MNOs too, say MNOs. Brexit impact also felt for roamers.
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Elsewhere in BT Technology: FWA trial underway at Adastral Park
BT joins partner list for entertainment R&D hub; FWA trial launched by Adastral Park.
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Elsewhere in Openreach: £20,000 reward for cable theft information
What next for Openreach under Drahi?; apprentice hiring spree targets diversity; Plusnet readies for FTTP entrance.
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Telefónica people moves: Colombian fibre JV names leadership
Telefónica Colombia’s fibre-building joint venture with KKR launches with a familiar top-team. Collaborative initiatives see Group execs take board seats at GSMA and IndesIA. VM O2 continues to make sweeping changes to senior leadership, with former O2 UK execs Bailey and Soto finding new roles elsewhere.
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M&A
Discovery JV: BT Sport to be unbundled from BT
Another twist to the tale as BT and Discovery enter exclusive discussions. Jansen indicates agreement encompasses Eurosport UK and ‘Discovery app’, hinting at sports content tie-up; says deal has “no downsides”. The move could be a huge blow to DAZN, which appeared to have secured an $800m buyout.
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BT takes open RAN for a spin with Nokia
Hull trial puts Nokia’s near-real-time RIC and xApps through their paces. Goal is to optimise EE’s network performance. Open RAN Innovation Centre at Adastral Park facility slated for launch “later” in 2022.
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Financial & Performance
BT Q3: king of a still-wobbly hill
Corporate weakness postpones recovery, with BT Global recuperating and BT Enterprise still in surgery. Rational rivals embraced, but warned of “Armageddon scenario”, with Sky current BFF. Discovery tie-up a win-win for BT Sport (but what about for BT itself?). Openreach charges on, hitting new records for FTTP connections and ...
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Elsewhere in BT Group: recruitment drive for apprentices and graduates
Recruitment campaign to fill Better Workplace offices; shareholder Altice drops Portuguese sale plans.
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Elsewhere in BT Enterprise: LandWeb days limited
End is nigh for contentious LandWeb engagement in Northern Ireland; Toople builds up its Enterprise relationship.
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Financial & Performance
Vodafone’s Q3 deciphered: glad-handing activists; German misfire; IoT, Africa fintech blossom
Management seeks to seize back agenda amid growing City pressure for urgency on asset sales. CEO Nick Read assures Group will be “proactive” in finding returns-focused deals. German user experience misstep takes gloss off solid set of numbers. Price rises planned across Europe, in response to rising costs.
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Premium
BT wary of Cellnex compromise on CKH tower merger
Spanish InfraCo willing to sell enough sites from existing estate to enable new UK tower player to emerge, overcoming CMA concerns on competition linked to planned CKH infrastructure acquisition. Four companies already stepped forward as potential buyers. BT remains concerned about impact on MBNL and 5G investment plans.
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BT Q3 FY21–22 Guidance: positives to come, but later than promised
Revenue down 2% for the year, but growth anticipated from Q1 FY22–23. All things point up, but large corporates at Enterprise and Global need turnaround to avoid continued struggles. Discovery tie-up a win–win for BT Sport (and maybe for Sky, but what about for BT itself?).
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Interview
OpenUK explores Gaia-X data model
Open technology advocacy group wants to keep UK engaged with Europe on developing federated data models.