Altice ups stake in BT to 18% but again rules out bid
"We ..remain fully supportive of their strategy, principally to play the pivotal role in delivering the expansion of access to a full-fibre broadband network"
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"We ..remain fully supportive of their strategy, principally to play the pivotal role in delivering the expansion of access to a full-fibre broadband network"
The shares fell 2% on Monday, reflecting the reality that a bid for BT may fraught with all sorts of political and regulatory problems
The event starts today and will finish on Wednesday
Openreach has an important role to play in ensuring that competition operates effectively as faster broadband is rolled out across the country, the regulator said
The company announced on Monday that it intended to list the Israeli company in New York
BT’s organic story is undoubtedly strengthening, that's according to Berenberg.
Credit Suisse thinks the stock is worth 200p, a 19% premium to its current price
Here’s Proactive’s round-up of the day’s news with helpful links taking you our up-to-the-minute news analysis.
Streaming platforms such as Spotify and Apple Music “don’t guide individual subscribers’ fees to the actual music an individual subscriber listens to”, said Saxo Bank
JP Morgan expects an M&A frenzy in the telecom sector and named both stocks among its top picks
The UK’s National Security and Investment Act gives the government a veto on M&A in sectors including communications
Billionaire Patrick Drahi’s Altice owns 12% of and the lock-up agreement stopping it from tabling an offer for the full group expires on December 10
The telecoms group said it still “firmly believes” in the future of the office and is adopting hybrid working
The mobile telecoms infrastructure company aims to become a net zero carbon emissions business by 2040
News that KKR is buying Telecom Italia made for a sprightly start in London for BT and Vodafone shares
Vodafone tweaked its earnings forecasts for the year higher
The UK blue chip index ends the day down while positive updates boost US markets
Another of the UK telecoms group's shareholders said on Friday that they are looking at their options
BT Group's shares are also being supported by hopes of a takeover by major shareholder Altice with a key deadline approaching
The transfer will enhance the financial services and connectivity in Egypt, and accelerate growth in smart technology