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  • Sky supposedly reaches new internet providing deal
    Comcast Corporation's Sky Group Limited has reached an agreement with independent British telecommunications network provider CityFibre to have its planned internet services offered on the latter's network, The Telegraph reported on Tuesday.According to the sources, Sky is seeking to release its...
  • Europe's telecom firms likely to ask for higher fees for Big Tech
    The Old Continent's major telecommunications companies have penned a joint letter addressed to the European Commission and ask it to introduce higher fees for Big Tech companies that contribute the most from their internet traffic, such as Netflix Inc. and Alphabet Inc.'s Google, the Financial...
  • BT names Allison Kirkby its new CEO
    BT Group plc announced on Monday that it appointed Allison Kirkby (pictured) as its next chief executive officer (CEO). Kirkby, who has served as Telia Company CEO since 2020 and has been a non-executive director at BT since 2019, will take over from current BT CEO Philip Jansen around the end of...
  • BT to cut up to 55,000 jobs by 2030, stock sinks 8%
    BT Group plc said on Thursday that it plans to cut between 40,000 and 55,000 jobs by 2030. The layoffs would represent 40% of the company's 130,000 employees, 80,000 of whom are based in the United Kingdom. The telecoms firm said it intends to rely more on artificial intelligence, "which could be...
  • UK fines PwC £1.75M after BT's Italy fraud audit
    The United Kingdom's Financial Reporting Council (FRC) announced on Monday that it is fining PricewaterhouseCoopers LLP (PwC) £1.75 million. The watchdog decided the accounting firm failed to properly conduct the audit of telecoms operator BT Italy in 2017. BT Italy was suspected of fraud in...
  • BT Group appoints new chairman
    BT Group plc announced on Tuesday that it appointed Whitbread plc Chairman Adam Crozier as its new head of the board, effective December 1. Crozier will replace Jan du Plessis, who held the position for four previous years. In addition to Whitbread, the executive chairs ASOS plc and Kantar...
  • BT's chairman left due to CEO's ultimatum - report
    BT Group's non-executive chairman, Jan du Plessis, left the company earlier this week due to the ultimatum which the company CEO Philip Jansen (pictured right) gave his fellow directors, Sky News reported on Friday. Jansen grew frustrated with the time needed for the management to make...
  • Nokia signs 5G radio equipment deal with BT
    Nokia Corporation announced on Tuesday it had signed a deal to distribute 5G radio equipment to BT Group, becoming the British telecommunications company's largest provider. The Finnish tech firm will contribute to its partner's operations with its AirScale Radio Access system that will enhance...
  • BT's revenue falls 6.8% to £5.2B in its Q1
    BT Group announced on Friday that its revenue fell 6.8% in its first quarter to £5.2 billion, putting down the drop to the coronavirus pandemic. The company said its reported profit before tax fell 13% in the first quarter of its fiscal 2020 to £561 million as a result of lower earnings before interest,...
  • BT: If UK expels Huawei too soon, there could be outages
    British Telecom CEO Philip Jansen asked the British government on Monday to think about removing China's Huawei from the 5G network, warning that if it happens too fast, it could cause outages and possible security issues. "If we get to a situation where things need to go very, very fast, then you...
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