Related UK News – Page 5
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M&A
Intelsat–SES merger gets green light from UK competition watchdog
Satellite majors receive thumbs up from the UK’s Competition and Markets Authority to go ahead with $3.1bn merger, clearing a major regulatory hurdle in their mission to build a “stronger and more competitive” multi-orbit satco.
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Financial & Performance
BT FY24−25 Spend: ‘on and off’ contractors help keep cost-cutting on track
BT’s long-running cost-cutting campaign is in full swing, with headcount cuts driving the savings. Capex continues to rise despite earlier promises, but the (revised) peak is in sight…
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Financial & Performance
BT FY24−25 In-depth: another year of transition
Group CEO Allison Kirkby has called the past year one of ‘transition’, but insists a turnaround is imminent. ‘Revenue pressure’ (see, decline) reflects a challenging FY for all divisions, but strategic and structural change at the Group may have set it up for delivery next FY and beyond…
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Network & Infra
EE densifies Westminster network with Ontix small cells tie-up
Ties with shared infra specialist and ambitious neutral host extended to 80 fresh sites in central London, in conjunction with assertive local authority. Learn more…
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Financial & Performance
BT holds off on international B2B sale until division proves its worth
FY24–25: BT Group CEO Allison Kirkby says carved-out BT International must show its value, with ‘runway’ needed for Global Fabric to do the same, ahead of a prospective offload. UK M&A remains on the cards too as BT looks to capitalise on SMB opportunity…
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Financial & Performance
Openreach seeks another gear as altnets gain and CPs flop
FY24–25: BT CEO Allison Kirkby has tossed earlier promises of lower capex, instead fuelling an accelerated fibre build “now that we’ve got the engine humming” to bolster a defence against altnet incursions, and make up for CP shortcomings…
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Network & Infra
FullFibre becomes latest altnet to call off Project Gigabit contracts
UK altnet FullFibre “mutually” agrees with Building Digital UK to terminate two rural fibre contracts, after several other operators have cancelled subsidies under the Project Gigabit scheme in recent months.
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Financial & Performance
Community Fibre take-up rate hits 25% after strategic shift
Altnet hits 25% full-fibre take-up rate, placing it third only to Openreach and nexfibre/VM O2 among UK fibre majors.
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Financial & Performance
Vodafone sees the bright side of global chaos
FY24–25: As Vodafone Business surpasses €8bn in revenue, driven by Digital Services, anticipated hikes in cybersecurity, defence, and sovereignty spending in politically uncertain times is expected to provide another boost.
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Financial & Performance
Vodafone braces for UK merger impact, lines up €1.5bn investment for inaugural year
FY24–25: Vodafone CEO Margherita Della Valle teases imminent deal completion and rapid integration to follow.
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Public Affairs
Vodafone’s £120m legal battle with franchisees reaches High Court
Lawsuit filed by nearly half of Vodafone UK’s retail franchisees proceeds to High Court, after failing to reach a resolution through a mediation process.
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Analyst Briefings
BTwatch Weekly: public cash, automated networks, and UK exceptionalism
Latest from BT, including reports of an overseas B2B carve-out; a new Chief Digital Officer incoming; Reza Rahnama’s evolving ‘Dark NOC’ vision; and a setback in Openreach’s attempt to reform MDU access rights…
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Products & Services
Rip & Restart: AllPoints launches aquila UK fibre wholesale platform
Days after Zen’s The Fibre Hub launch, Fern Trading outpost opens curtains on UK’s latest aggregator in effort to offer a simplified, stable route to ‘national’ ISP scale, with multiple FibreCos and B2B retailers already on board. Could this be the game-changer the altnet segment needs?
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People
Ex-Vodafone chief Colao takes board seat at Wireless Logic
Vittorio Colao joins the Board of Directors at UK-based IoT connectivity provider (and MVNO using BT’s network), after the business agrees to sell a minority stake to General Atlantic.
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Network & Infra
BT secures slice of Welsh rural broadband funding
Duo to deliver £10m fibre to hard-to-reach premises in Wales under the Swansea Bay City Region’s Digital Infrastructure Programme.
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Strategy & Change
BT to carve out International in next step of B2B grand plan — report
Reports cite an internal memo that tees up a spin-off of overseas B2B, headed by Bas Burger, as Group CEO Allison Kirkby puts her foot down on UK retrenchment aspirations.
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M&A
AllPoints ‘not for sale’ amid CityFibre M&A rumours
UK fibre wholesaler AllPoints Fibre Networks says it is not looking to sell after reports that CityFibre is discussing a potential acquisition with AllPoints stakeholder Fern Trading. Rumours come after AllPoints CEO Jarlath Finnegan said he is confident in the altnet’s financial position, as several players struggle to bag fresh financing…
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Venturing & Investments
Actis looks for emerging infra opportunities after closing $1.7bn fund
London-based infrastructure investment group eyes fresh opportunities in digital infra (among other sectors) after closing latest fund, with focus on businesses in Asia, EMEA, and Latin America…
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Analyst Briefings
UK Infrawatch Briefing: altnets prove worth, AI plans develop, nexfibre stalls
Latest from the digital infra scene in the UK, including: UK MVNO market reinvigorated by challengers; Kao Data schmoozes with DSIT; a £70m network upgrade contract floated in Wales; people moves; and plenty more…
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People
Vodafone scouts for new CFO as Luka Mucic steps down
Group finance chief set to exit for German real estate firm Vonovia, after two years as Margherita Della Valle’s right hand man.