In response to Ofcom’s proposals to make Openreach more accountable, BT confirmed it had volunteered “significant” governance changes to further increase the independence and transparency of the unit. It believes these unprecedented changes, elements of which have been welcomed by Ofcom, can form the basis for a fair, proportionate and sustainable regulatory settlement. They can also […]
Orange’s sales recovery stuttered in Q2 as competition in the French mobile-phone market weighed on wireless revenue, offsetting increasing demand for broadband services. Sales were little changed at just over €10 billion. Adjusted earnings before interest, taxes, depreciation and amortisation rose 0.1 per cent on a comparable basis to €3.34 billion. Sales are stuttering after […]
BT Group will form a separate board for its Openreach business in a bid to persuade regulator Ofcom the company should not be split off. Shaken by political criticism and the threat of break up, BT chairman Sir Mike Rake has said there will be a board and separate investment control for Openreach. Competitors and […]
For the second time in the two days following BT Openreach’s heavy criticism from MPs, BT and Plusnet users customers have suffered service outages because of power cuts at datacentres. BT said that connectivity returned to normal by 13:45 BST, though some larger businesses may still have had problems. There were reports of other organisations […]
TalkTalk has reported Q1 revenues were flat year-on-year (-0.4 per cent). On-net revenues were down 2 per cent as anticipated, reflecting the smaller average on-net base in the quarter. Corporate revenue grew strongly by 7.5 per cent with continuing growth in Data (+38.5 per cent) and further growth in Carrier revenues (+40 per cent) helping […]
A cross-party group of MPs says BT is “significantly under investing” in Openreach, its infrastructure subsidiary. Based on a report – Establishing world-class connectivity throughout the UK – commissioned from a panel of independent experts, the Culture, Media and Sport Committee concluded the shortfall in investment could potentially be hundreds of millions of pounds a […]
Vodafone Group and Liberty Global have announced their intention to appoint Jeroen Hoencamp as Chief Executive and Ritchy Drost as Chief Financial Officer of the two companies’ proposed 50‐50 joint venture business combining Vodafone Netherlands and Liberty Global’s broadband quad-play operator Ziggo. The merger is subject to approval by the relevant competition authorities. Jeroen Hoencamp […]
Research from Kantar Worldpanel ComTech on the home services market – covering broadband, fixed landline and pay-TV – reveals strong gains for the major players amid further turmoil for TalkTalk. BT, Sky and Virgin Media have all seen year-on-year customer growth, with BT’s share up by 7.8 percentage points on last year thanks to strong […]
The availability of fast fixed and mobile next generation networks has significantly changed video consumption habits in Europe, driving mobile video, on-demand video and multi-screen viewing, according to insight from Pyramid Research The company’s report states
Swedish telco Com Hem has reported second quarter revenues of SEK 1,300 million (€137.5m), up 4.3 per cent, while operating profit increased by 5.5 per cent to SEK 192 million. Com Hem also reported it added 6,000 subscribers in Q2, taking its installed base to a new high of 926,000. Anders Nilsson, CEO, Com Hem, […]