Spirent Communications continues 5G development amid coronavirus pandemic
The telecommunications testing firm continues to operate and said it continued "to build momentum into the second quarter”
Sector
Telecommunications
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BT stands behind network and jobs, but no word on dividend yet
The FTSE 100 group said it will offer a 1.5% annual pay increase to non-managerial staff from July
BT dividend cut an "obvious" option as telcos "not immune" from coronavirus
Analysts at Barclays said BT's uncovered dividend “remains the elephant in the room” and cut its forecast payout
BATM Advanced Communications developing a COVID-19 rapid home test with Israeli life sciences firm
BATM hopes to have a product with regulatory sign-off in the form of CE mark that’s ready to ship in three to four months
BT boss Philip Jansen tests positive for coronavirus
Jansen said he met several other people in the telecoms industry over the past week and so has alerted them to his diagnosis
Spirent Communications in demand climb as 5G momentum picks up
Underlying profits rose 20% to US$93.9mln while the cash balance soared by 50% to US$183mln.
BATM sees full year earnings double
As a result of the improved performance, CEO Zvi Marom said the company had entered 2020 with a “substantially higher” order backlog than the previous year
Vodafone invests and agrees partnership with SpaceMobile satellite broadband
The FTSE 100 company is a lead investor and has agreed a strategic partnership with the Texas-based satellite company
BATM Advanced gets boost as it unveils coronavirus diagnostics kit
The kit has undergone testing by several central laboratories and hospitals
Allot to showcase product repertoire at this week's virtual conference
It offers the chance for it to showcase its products in 3D via interactive sessions with executives, demo events and meetings
BATM awarded US$4mln follow-on cybersecurity contract
The new order takes the total contracted revenue for the deal to over US$18mln
Sprint, T-Mobile rework merger terms
Deutsche Telekom will own 43% of new combined company, while SoftBank will hold a 24% stake
Surge Holdings subsidiary, Surge Logics sees January sales increase nearly tenfold
CEO Brian Cox said subsidiary Surge Logics is headed for an annualized revenue run-rate in excess of $10 million
Citigroup cuts target for BT Group, thinks stock remains a "potential value trap for now”
The bank reduced its target price for the FTSE 100-listed firm to 165p, down from 205p previously, but that was still above the current share price of 153.68p
BT makes “last-ditch effort” on TV packages
Customers will need to take a rather unflexible 24-month broadband contract in order to get the supposedly "flexible" deals
BATM secures third international agri-waste treatment contract
The deal will see the company's treatment solution installed in a poultry processing facility in the Middle East
Berenberg cuts BT Group target price to 175p from 220p, but still maintains ‘hold’ rating
"We believe that one would either have to be overly negative on the rate of decline in BT’s financials or take a strong view on real gilt yield deterioration to justify a price target significantly below the current share price"
Jefferies ups Vodafone to ‘buy’ from ‘hold’ after looking at two tracks it could take boost valuation
The US investment bank’s analysts hiked their target for the FTSE 100-listed firm to 176p from 144p, which they say offers 22% upside, including the dividend, on a one-year view
Ceres Power appoints former Vodafone executive as an independent non-executive director
Warren Finegold held the position of Group Strategy and Business Development Director and was a member of the Vodafone Group Executive Committee for 10 years
Vodafone says removing Huawei equipment will cost €200mln
Chief executive Nick Read said removing the mobile boxes will take "around five years" to implement