BT Group and OneWeb team up to deliver LEO satellite services
2nd Nov 2021 11:27
(Sharecast News) - BT Group and OneWeb have inked a new distribution partnership agreement to provide the latter's Low Earth Orbit satellite communication services.
Read moreBT delivers on cost-savings target ahead of time, shares surge
1st Nov 2021 08:49
(Sharecast News) - BT shares surged on Monday after the telecoms group confirmed it has delivered on its cost-savings target ahead of schedule.
Read moreSunday newspaper round-up: Heathrow, GSK, Roll-Royce
31st Oct 2021 15:25
(Sharecast News) - Plans for a third runway at Heathrow may have been dealt a fatal blow after Ferrovial balked at further investment. The Spanish infrastructure investor, Heathrow's top shareholder, signalled the move in protest over the Civial Aviation Authorities's decision to block a 90% rise in landing charges from 2022, which the company said meant shateholders would have to make do with lower returns. - Sunday Telegraph
Read moreBT said to be boosting defences against possible Altice bid
26th Oct 2021 15:45
(Sharecast News) - BT shares surged on Tuesday following a report the telecoms group has moved to strengthen its defences against a possible takeover bid by French billionaire Patrick Drahi, by hiring advisory firm Robey Warshaw.
Read moreDeutsche Bank lowers target price on BT
18th Oct 2021 12:25
(Sharecast News) - Analysts at Deutsche Bank lowered their target price on telecommunications giant BT from 140.0p to 125.0p on Monday, stating that risks were "inflating not abating".
Read moreHSBC cuts rating on BT to 'reduce'
13th Oct 2021 08:47
(Sharecast News) - HSBC has downgraded BT Group, citing potentially "major shifts" in the wholesale broadband market.
Read moreOfcom brings in new broadband switching rules
28th Sep 2021 08:20
(Sharecast News) - British broadband customers will be able to switch providers more easily under a new service to be introduced by media regulator Ofcom.
Read moreFriday newspaper round-up: Saudi Arabia, Marks and Spencer, Oxford Nanopore
17th Sep 2021 07:13
(Sharecast News) - Ministers aim to secure a multibillion-pound investment from Saudi Arabia to fund renewable energy and infrastructure projects in the UK after yesterday's announcement of a £10 billion deal with the United Arab Emirates. Kwasi Kwarteng, the business secretary, visited Saudi Arabia in June for talks with its foreign minister, and negotiations are understood to be under way with Boris Johnson's investment envoy Lord Grimstone of Boscobel. - The Times
Read moreDeutsche Telekom considering options for BT stake
7th Sep 2021 11:10
(Sharecast News) - Deutsche Telekom said on Tuesday that it is considering options for its 12% stake in London-listed telecommunications company BT Group.
Read moreNumis upgrades BT Group but says shares overvalued
6th Sep 2021 14:32
(Sharecast News) - Analysts at Numis upgraded their recommendation on shares of BT Group from 'sell' to 'reduce' after the share price moved to just 14% above their 140.0p target price.
Read moreSunday newspaper round-up: China, Central Banks, Sainsbury's
29th Aug 2021 21:13
(Sharecast News) - Some of China's most valuable public companies could abandon their American stock listings within months, experts have warned, after reports emerged that Beijing is planning a wider crackdown on tech companies going public overseas. The development means that more than $2tn (£1.5tn) of capital invested in the US shares of Chinese companies could be at risk. Reports on Friday suggested that Beijing was about to take further action against tech firms that deal with sensitive customer data, by forcing them to seek formal approval for initial public offerings (IPOs) outside China. - Guardian
Read moreBT slumps as CityFibre said to near investment deal with Abu Dhabi fund
23rd Aug 2021 14:59
(Sharecast News) - BT shares slumped on Monday as it emerged that CityFibre, a challenger to its Openreach network, was set to secure a £500m investment from a consortium including Abu Dhabi's sovereign wealth fund to help bolster its ultra-fast broadband roll-out.
Read moreSunday newspaper round-up: Sainsbury's, Legal and General, Asos
22nd Aug 2021 15:01
(Sharecast News) - Private equity giants are circling Sainsbury's with a view to possibly launching bids of more than £7 billion, as the bidding war for Morrisons reignites interest in the supermarket industry. American buyout giant Apollo is said to be running the rule over Britain's second-largest supermarket chain. It has been scouring the industry for targets after being outbid for Asda last year, and remains in talks to join the Fortress-led consortium bidding for Morrisons. Any involvement in that deal may preclude a move for Sainsbury's. - Sunday Times
Read moreBT poaches Asos chairman Adam Crozier
17th Aug 2021 08:00
(Sharecast News) - BT Group said on Tuesday that it has poached the chairman of online fashion retailer Asos, Adam Crozier.
Read moreSunday newspaper round-up: Meggitt, GlaxoSmithKline, Luxury goods
15th Aug 2021 17:08
(Sharecast News) - Ministers must be prepared to block a takeover of Meggitt if any bidder tries to buy it without giving binding commitments on investment and jobs, the FTSE 250 aerospace and defence manufacturer's chairman warned this weekend. Sir Nigel Rudd said that while "clearly, price is important", any new owner would need to give Meggitt and the government undertakings, including to keep the company's headquarters in Coventry and maintain R&D spending. - Sunday Times
Read more