Related UK News – Page 9
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Venturing & InvestmentsIFM targets UK infra with £10bn capital injection
Australian investor plans to analyse “commercially viable” opportunities in collaboration with UK government, bolstering its existing commitments to fuel the nation’s infra expansion.
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M&APrivate equity buyout of Gresham House moves closer
UK infra investor announces clearance of regulatory and other obstacles to takeover by Searchlight Capital Partners.
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EventwatchProject Gigabit draws criticism over voucher headaches and cross-regional contracts
INCA Conference 2023: see what “nightmare” is haunting altnet leaders within Project Gigabit; confusion over cross-regional contracts; and what new BDUK CEO has to say on it all…
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Enterprise (B2B)London’s Vorboss breaks B2B fibre price-performance barrier for retailers
Leading on price as well as “unheard of” performance, CEO exclusively unpacks new low-priced 10Gbps Retail Connect proposition for TelcoTitans UK Infrawatch. Read more about how Vorboss is setting itself apart…
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M&ABT eyes musicMagpie: flailing gadget marketplace offers circular economy, consumer tech boost
musicMagpie confirms “very early” talks with BT and private equity partner Aurelius as operator seeks to spin up circular economy credentials, stretch into consumer retail via New EE.
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Financial & PerformanceVodafone’s problem children: German remedial progress, Spain disowned, UK betroved, Italy seeks paramour
Vodafone Europe H1 FY23–24 insights, including Germany still needing to navigate TV exodus; regional organic growth; the happier story at remnant smaller markets; and more…
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Partnerships & AlliancesBT exploring HAPS-based 5G business case as R&D taxis for take-off
Partnership with Stratospheric Platforms sees HAPS-based 5G tested at Adastral Park ahead of airborne trials next year.
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Financial & PerformanceBT pensions deficit way down in face of oncoming headwinds
BTPS deficit down more than 50% as management express pleasure with progress towards full funding; de-risking also in full swing, likely of interest to potential investors/takeover bidders…
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M&ATwo down, one to go: Vodafone gets serious about M&A in Italy
H1 FY23–24: CEO Margherita Della Valle signals Italy is next in Group’s “right-sizing” initiative for struggling European markets as strategy in motion for Spain and UK.
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M&AHelios keeps M&A plans on ice, despite sunny outlook
Middle East and Africa tower group to remain disciplined on deal-making, despite being ahead of the game on leverage reduction and growth.
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Financial & PerformanceJansen concedes losses to altnets as Openreach set to miss annual fibre build target
BT Group CEO Philip Jansen boasts of fibre progress but guidance for coming quarters indicates Openreach will fall short of four million premises passed in the FY; earnings call included a rare admission that Openreach lines are being lost to altnet rivals.
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Strategy & ChangeUK infra investment group Fern branches out into mobile services
Expansive fibre, energy, and property investor builds an MVNO enablement platform business, targeting high-street retailers and other consumer brands.
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Strategy & ChangeUK Infrastructure Bank keeps watch on ‘stretched’ fibre space
Digital remains a sector of focus for new, state-owned investment house, attracting four more deals and more than £500m of commitments during its last fiscal year.
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Network & InfrastructureVodafone urges top operators to shoulder responsibility on scaled open RAN adoption
Vodafone’s Head of Open RAN Francisco Martín Pignatelli emphasises duty of ‘top 20’ operators in supporting smaller players on their “open RAN journey”.
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Venturing & InvestmentsITS bags fresh funding for UK fibre rollout, eyes M&A opportunities
Avenue Capital Group injects £100m of debt funding into B2B-focused altnet.
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M&ACellnex takes over WHP’s Scottish tower assets
Behind-scenes acquisition sees group become tower partner for Scotland’s publicly-funded 4G rollout initiative.
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Products & Services‘New EE’ partners Apple to elevate TV ambitions
EE TV service announced with Apple as collaborators, moving ‘New EE’ towards B2B2C goals.
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Strategy & ChangeEE spreads its wings with open platform evolution
New platform placed front and centre of “landmark shift” for EE, with likes of consumer electronics, home security, and subscription management available on “open” basis.
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Products & ServicesIn depth: BT’s Kevin Lee on Aimee becoming EE’s AI ‘superhero’
BT Consumer Chief Digital Officer Kevin Lee tells the story of Aimee’s journey from fledgeling with “limited skillset”, to becoming EE’s ‘superhero’. Exec highlights importance of Aimee as a co-pilot for EE customer support, with operator aiming to assist all agent conversations with chatbot beyond 2025.
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Network & InfrastructureUS underwater data centre startup plans two hubs in Europe
Subsea Cloud prepares to expand tech beyond the Americas with the launch of new facilities in Norway and the UK.