Networks to vie for mobile spectrum in GBP70m Ofcom auction
26th Oct 2015 10:58
(ShareCast News) - Mobile networks are expected to splash the cash in an expensive battle early next year to ensure they keep their share of mobile market in the UK, with the last similar auction drumming up £2.3bn for the government. The spectrum auction was originally scheduled by regulator Ofc
Read moreTalkTalk tumbles further as hacking fears linger, MPs launch inquiry
26th Oct 2015 10:56
(ShareCast News) - Shares in TalkTalk and some telecoms sector peers were knocked back for the second time since Friday's cyber-heist, after hackers warned over the weekend that they were planning another attack A parliamentary inquiry into the attack has been planned, culture minister Ed Vaizey tol
Read moreBT encouraged by G.fast broadband speed trials
20th Oct 2015 14:39
(ShareCast News) - Shares in BT Group gained on encouraging early trial results that found its G.fast technology, which can roll out more quickly and cheaply than replacing its entire copper wire network with fibre-optic cable, was capable of achieving speeds of more than 5 gigabits per second. "The
Read moreBT looks to extend fibre coverage, supports minimum broadband speeds
22nd Sep 2015 09:44
(ShareCast News) - A new universal minimum broadband speed and millions of premises to get ultra-fast speeds is part of Britain's digital future, according to BT's chief executive. Gavin Patterson unveiled the company's aim to deliver Britain's digital future and cement the UK's future prosperity as
Read moreNomura downgrades BT to 'neutral', cites regulatory risk
21st Sep 2015 14:30
(ShareCast News) - Nomura downgraded BT Group to 'neutral' from 'buy' and cut its price target to 490p from 560p. The Japanese bank said it senses a negative shift in regulatory risk, which along with renewed public sector headwinds dents its confidence in BT achieving its target of profitable top-l
Read moreBroker tips: BT Group, Rotork, Wolseley
21st Sep 2015 14:29
(ShareCast News) - Nomura downgraded BT Group to 'neutral' from 'buy' and cut its price target to 490p from 560p. The Japanese bank said it senses a negative shift in regulatory risk, which along with renewed public sector headwinds dents its confidence in BT achieving its target of profitable top-l
Read moreSunday newspaper round-up: Bond crisis, Altria's SAB stake, ITV, Anglo's dividend
20th Sep 2015 16:49
(ShareCast News) - The Bank of England will warn this week of a potentially damaging liquidity crisis in the gigantic market for government and corporate bonds, the Sunday Times said. A six-month investigation into bond markets culminates in a BoE's financial policy committee (FPC) meeting on Wednes
Read moreSunday share tips: Dairy Crest, Cluff Natural Resources, tightening cycle stocks
20th Sep 2015 15:08
(ShareCast News) - Dairy Crest shares are worth buying, said Danny Fortson in the Sunday Times' Inside the City column. Investors are currently awaiting a Competition & Markets Authority decision on 19 October whether to allow Dairy Crest to sell its dairy business, roughly two thirds of group sales
Read moreBT to unveil plans for broadband in rural areas
20th Sep 2015 14:12
(ShareCast News) - Telecommunications giant BT is expected to this week unveil details of how it plans to deliver fibre broadband coverage to homes in rural areas. The company has already been tasked with extending the level of coverage from the current 80% of homes to 95% by December 2017. Its pla
Read moreFootsie drops sharply, traders point to 'fat finger' error
18th Sep 2015 13:01
(ShareCast News) - Losses on London's top-flight index were being ascribed by some media outfits to a 'fat finger' error or an error in an automated trading system. Shares in BHP Billiton, BP, BT Group, Diageo, HSBC, Wolseley, Vodafone and British American Tobacco were among the affected stocks. Th
Read moreVodafone's Colao 'should retire' after Liberty talks collapse, says Aviate's Campling
15th Sep 2015 12:51
(ShareCast News) - Vodafone chief executive Vittorio Colao should step down after Liberty Global walked away from merger talks, telecoms analyst Neil Campling has said, while numerous other consequences could follow. The highly respected Campling, a partner at London broker Aviate Global, said tight
Read moreSunday newspaper round-up: RBS spin-off, Trinity Mirror acquisition, PR Newswire sale
13th Sep 2015 16:38
(ShareCast News) - Royal Bank of Scotland will begin marketing the initial public offer of its Williams & Glyn spin-off later this year ahead of a flotation expected in the second half of 2016. The Sunday Telegraph reported that, with Bank of America Merrill Lynch advising the lender on the process,
Read moreThursday newspaper round-up: BT, House prices, Minimum wage
10th Sep 2015 07:06
(ShareCast News) - BT has been accused of fudging its figures to avoid penalties over the installation of fibre-optic cables after the telecoms regulator launched an investigation into its excuses when it fails to connect lines in time.Openreach, the engineering division of BT, is set stringent targ
Read moreBT takes Sky's wicket after securing Ashes rights
24th Aug 2015 08:16
(ShareCast News) - The next Ashes cricket series might be two years away but, as far as broadcasting is concerned, the biggest wicket of the tour has already fallen, as BT pipped Sky to the rights. The telecom giant, which has already snaffled exclusive rights for the Champions League and will show
Read moreBT unveils new non-exec director
17th Aug 2015 11:38
(ShareCast News) - Mike Inglis will join BT as a non-executive director, the telecoms giant confirmed on Monday. In a short statement, the FTSE 100 group said Inglis, who is currently a non-executive director and chairman designate of Ilika, an AIM listed materials technology business, will step int
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