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The mobile phone giant reaffirmed its guidance for its current financial year, forecasting adjusted underlying earnings of €15.2-15.4bn and adjusted free cash flow of at least €5.3bn
The Swedish hedge fund has neither declared the size of its stake nor explained publicly what its intentions are
Current estimates suggest that the full rollout should be completed by 2026
The new network would roll out fast fibre broadband to 7 million more British households
A source close to Cevian suggested the fund had been in contact with the FTSE 100 group for some months now
“We see rising competition in fixed infrastructure feeding through to retail"
The 'unification' process is due to take place by the end of January
Other telecom companies have announced rises in line with BT
AT&T and Verizon alter roll-out plans as aviation industry calls for 5G ban within two miles of airport runways
BT has dealt with most of the hurdles the broker foresaw in 2021
Sports streaming app DAZN could land a deal to buy the broadcast business for US$800mln in the next month.
Around US$60m of the proceeds will be used to invest in Tanzania and for distribution to the local government, with the balance used to reduce group debt
In 2021, an auction sold the two phone providers the right to use “C-band” frequencies after a US$70bn purchase
Through DigiBC, Looking Glass intends to explore opportunities for NFTs, uNFTs and metaverse-related technologies to potentially be added to the scope of interactive digital media in the context of public policy relating to digital art crea
Here's a round-up of the day's top Proactive stories
Given his recent rhetoric on BT (he’s not a buyer, but a long-term investor, he says) this looks like an opportunistic move rather than one to free up some cash for an all-out bit for, say, dealmaking
"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
