Sector
2550 stories · page 58 of 128
Eutelsat said that following market rumours, it had made yesterday’s statement confirming that it was considering a possible offer for Inmarsat, at the request of the UK Panel on Takeovers and Mergers
In a brief statement, Eutelsat confirmed that it is “currently evaluating a possible offer for Inmarsat" but said there was no certainty an offer would be made
The IFRS 15 standard was brought in earlier this year so it was closer to FASB’s accounting guidance
According to the Telegraph, BT wants to sell off the division as part of its plan to simplify and modernise its business
The AIM-listed firm said the deal provides Viasat with leased capacity on a steerable beam on the newly launched Avanti HYLAS 4 satellite
The 4.9mln emails were sent between December 2015 and November 2016 promoting three charities: the BT ‘My Donate’ platform, Giving Tuesday and Stand up to Cancer
“Ruling out a dividend cut would be unwise,” Jefferies said in a bullish note on BT
The accountant only got the mandate last year after PWC stood down after 33 years
The AIM-listed software and managed services provider reported a pre-tax profit for the year of £1.8mln, up from a £0.5mln loss the previous year
The analysts said: “For the first time in four years, we see guidance and consensus as achievable, ending the cycle of earnings downgrades”
The San Diego-based company's revenue jumped thanks partly to higher sales of specialized custom cabling
Inmarsat confirmed it had been approached with a takeover offer by EchoStar last Friday, however it said the offer had “significantly undervalued” the company
Deutsche Bank’s analysts said: “We were a bit early to u/g to Hold after a 30 month Sell but despite the lower share price since, we restrain ourselves from an unsubstantiated positive view"
The group said the contract was its fifth awarded by a national government and carried a value of around US$3mln over the next 18 months
The move into sports broadcasting and the mobile market were significant developments, but neither has quite panned out how Patterson would have hoped
Announcing the departure, chairman Jan du Plessis, who had only recently come out in support of Patterson, said they both now realised a change of leadership was necessary
The FTSE 100-listed firm said the additional games, added to the 32 Saturday matches which BT Sport won earlier this year, giving it a total of 52 games to broadcast
The classic red phone box in Kingsbridge, Devon was redundant, but the local council has ‘adopted’ it and turned it into what is believed to be the smallest nightclub in the world
The data analytics business has signed a £240,000 a year deal
BT owns the UK's national telecom and broadband network through Openreach, a legally separate division that is used by the firm and its rivals to provide services to consumers
