Dow finishes up more than 250 points on US-China trade détente
The surge on Wall Street comes in response to a pact between the US and China at the G20 summit that agrees to a 90-day détente on trade tariffs
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Mobile Streams signs new direct billing deal with Indian telecoms giant
The agreement means BSNL’s 100mln customers can now purchase apps on Mobile Streams’ mobilegaming.com store and add the cost on to their next phone bill
Avanti Communications predicts “strong growth” in final quarter of 2018
In an update for the quarter ended 30 September the satellite operator reported revenues for of US$10.8mln, with an EBITDA loss of US$10.6mln
Vodafone, Sony Pictures employing new Spider-Man movie to promote digital-jobs finder
After users complete the tests on the platform, they receive a summary of their skills and interests
Allot powers Telefónica’s pioneering cybersecurity service for consumers
The joint cyber-security solution in the shape of the Movistar Conexión Segura service will protect consumer connections from malware and fraud threats on fixed and mobile networks
Mobile Streams seals India deal with CoolGames
The gaming firm said it had gained subscribers at an encouraging rate, reaching over 6mln subscribers since launch, in recent months
Manx Telecom’s hearing software adds tech edge to steady telecoms base
There are 3mln people in the UK with moderate to severe hearing problems and within five years Manx wants to have a fifth of these or 600,000 as customers.
TalkTalk to move headquarters and take on BT's Openreach with new fibre company
TalkTalk will accelerate its fibre broadband roll-out by setting up a new company called FibreNation
BT's EE and Virgin Media fined £13.3mln for overcharging customers with early exit fees
Ofcom said EE and Virgin Media have agreed to change their terms and reduce exit charges
Spirent chief executive to retire after 36 years at networking specialist
Hutchinson’s parting shot was an upbeat trading statement that orders are now translating into revenues
Vodafone slumps to first-half loss but shares jump as it maintains dividend
Vodafone expects organic growth in adjusted earnings to meet the mid-point of its guidance range and raised its forecast for free cash flow
BT Group faces number of headwinds, says Barclays
“BT’s recent share price outperformance reflects a solid 2Q result, with EBITDA well ahead of expectations on solid cost execution,” said Barclays
Mobile Streams narrows loss but revenues drop amid tough market conditions
The company said India’s mobile phone market has faced heightened competition in the past year, leading to the merger of Idea and Vodafone and the bankruptcy of Aircel
Inmarsat shares sink as revenue drops in major Maritime division
The FTSE 250 mobile satellite firm reported group revenues climbed 3.7% to US$369.3mln, however its Maritime arm, comprising 36% of the takings, dropped 5.7% year-on-year
Vodafone has target price cut by JP Morgan Cazenove amid dividend and growth concerns
In a note to clients, analysts at the US investment bank said in contrast to 2017 when Vodafone hit multi-year highs, this year it had suffered a “dramatic de-rating”
Blockchain Worldwide makes bid for company set up by RBS’s old blockchain team
Richard Crook and a handful of his engineers left RBS back in September to set up their own blockchain company, which Blockchain Worldwide is now eyeing up
BT share price spike short-lived after media report suggests Deutsche Telekom looking at takeover bid
The Financial Times website’s Alphaville column said there had been conjecture from multiple sources that Deutsche Telekom "has recently been working with advisors" on a full takeover of its UK rival
BT's turnaround plan pays off but challenges remain for incoming boss
Analysts still think BT's dividend yield looks robust after the company lowered its interim dividend
BT shares surge despite dividend cut as it expects earnings to hit top end of guidance
Regulated price reductions in the Openreach network and a poor performance in its enterprise businesses dragged revenue lower in the first half
Allot Communications reaches deal with Swiftel Networks
Allot will provide Swiftel with a distributed denial-of-service (DDoS) protection system to offer it as a service across their broad network of internet service provider and enterprise customers