BT downgraded as BarCap wonders whether "wholesale only" competitors could emerge
Wholesale-only competition undermines longer-term returns from BT’s Openreach division but it also risks lowering retail pricing
Sector
Telecommunications
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Department 13 International to launch counter drone system in South Korea
Marked by terrorist attacks and North Korean provocations, the South Korean market represents a substantial opportunity for D13.
OTCMarkets UPDATE: Frozen yogurt robots, military drones and more
Generation Next Franchise Brands' shares rose after entering into a contract with a frozen yogurt robot company
Snap shares hit all-time low as analysts slash targets on poor 1Q results
Analysts are slashing their price targets after the Snapchat parent posted witheringly poor 1Q results
T-Mobile US rings up 1Q revenue beat, boosts forecast for postpaid net customer additions in 2018
Net customer additions surged 25.5% in the first quarter from a year earlier
Inmarsat shares rocket as satellites firm reiterates “all elements” of future guidance, first-quarter revenue rises
The FTSE 250-listed firm saw its quarterly revenue rise by 4.8% to US$345.4mln, up from US$329.5mln a year earlier, though its underlying earnings (EBITDA) fell by 4.5% to US$174.9mln from US$183.1mln
Snapchat parent's shares plunge after missing 1Q profit and revenue estimates
The results throw shade on Snap's recent redesign efforts
Mammoth mobile deal: T-Mobile agrees US$26bn takeover of rival Sprint
T-Mobile boss John Legere will lead the new firm which will take the T-Mobile name and have a market value of US $146bn
Sony fiscal 2018 results soar, but shares slide on guidance for lower revenue, earnings in fiscal 2019
Media and electronics giant turns in big increases in operating income and net income
Sprint, T-Mobile US shares rise on report that they are close to completing merger terms
Reuters says T-Mobile and its majority owner, Deutsche Telekom, are finalizing a debt package to fund the deal
Vodafone to become premium partner for ESL esports series
The agreement will include a live broadcast segment, ‘The Vodafone View’, content and advertising distribution, as well as branding and activation at series events
AT&T 1Q earnings miss, on lighter revenue, subscriber losses
The wireless carrier missed Wall Street profit and revenue estimates
Vodafone unlikely to overpay for Liberty Global assets or cut dividend, says Numis
Numis left its rating on Vodafone at ‘buy’ but cut its target price to 255p from 270p
UBS cuts target prices for BT and Vodafone but remains bullish
Concerns about BT's high-cost base and regulatory headwinds have weighed on the shares while Vodafone is facing uncertainty over talks to buy some of Liberty Global's European assets
BT receives most complaints for mobile and pay-TV services, Ofcom data reveals
Sky had the lowest proportion of complaints for its broadband, landline and pay-TV services
BT merges UK enterprise businesses to simplify operations
"Having brought together our consumer and EE businesses, this is the next step in the simplification of BT's operating model,” said BT’s chief executive, Gavin Patterson
RBC downgrades TalkTalk amid fears BT and Vodafone could undercut mobile and broadband offerings
In a note to clients, analysts at the Canadian bank cited a BT convergence focus as the key risk to TalkTalk's market share
EXFO Swings to 2Q loss on costs linked to acquisitions, U.S. tax reform impact
The company acquired France-based Astellia in February
Sprint, T-Mobile shares soar on revived merger talks
A marriage would give the combined companies 100 million customers, putting the new entity ahead of AT&T and behind Verizon
Vodafone Group tipped to show strong full year earnings
Morgan Stanley repeated an 'overweight' rating and moved its price target to 270p, from 280p.