UK multiplay telco Virgin Media O2 has announced two changes to its Executive Committee as the company dials up its customer-first focus, accelerates its digital transformation strategy and doubles down on key growth initiatives to drive long-term commercial momentum. Ulrik Bengtsson, the former Chief Executive of William Hill, has joined the company as Chief Operating […]
Swedish telco Telia Company has entered into a binding term sheet agreeing upon the key terms on which to sell 100 per cent of its operations and network assets in Denmark to Danish energy and telco group, Norlys, at an expected enterprise value of DKK 6.25 billion (€838m), on a cash and debt-free basis. The […]
The mergers and acquisitions (M&A) deal value in the global Tech, Media, and Telecom (TMT) sector totalled $754 billion (€686bn) in 2022, down 31 per cent from 2021, according to data and analytics company GlobalData. The number of M&A deals in the sector also dropped sharply by 39 per cent in 2022 as climbing inflation […]
More than half of low-income UK households are in the dark about bargain broadband deals that could save them around £200 (€226) a year, with just 5 per cent of eligible households signed up to a discounted package, according to research from comms regulator Ofcom. These special offers, known as social tariffs, are available to […]
A study by Strand Partners on behalf of Virgin Media O2 has revealed that millions of Brits are paying for mobile phones they already own because they don’t fully understand their bills. More than 9 in 10 (93 per cent) Brits are unaware they could be charged for mobile phones they’ve already paid for through […]
With UK comms regulator Ofcom proposing an enforcement programme, following delays in implementing a broadband provider switching scheme, a report from analyst firm Omnisperience suggests that a revamp of the UK’s number porting process, which allows customers to change service provider without having to change their number, is critical to curbing both fraud and cyber […]
François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, has given the go-ahead, subject to a number of conditions, for the C$26 billion (€21.8bn) merger of multiplay telcos Rogers and Shaw first announced in March 2021. “Since the proposed merger between Rogers and Shaw was announced, I have been very clear: affordability and competition are […]
To help people in need stay connected, Virgin Media O2 and the digital inclusion charity, Good Things Foundation, have opened the UK’s 1000th National Databank Hub, part of the National Digital Inclusion Network, at Summit Learning Trust in Birmingham The National Databank, founded by Virgin Media O2 and Good Things Foundation, is like a foodbank […]
As the key ingredient for wireless technology, radio frequency spectrum is an important resource, according to trade body 5G Americas. One of the most useful spectrum bands for 5G is mid-band, which ranges between 1 GHz and 6 GHz, and offers a balance of speed, capacity, coverage, and penetration for cellular wireless networks. A study […]
Belgian multiplay telco Telenet has confirmed it has been informed by converged broadband, video and mobile communications investor Liberty Global about its intention to launch a voluntary and conditional cash offer for all of the Telenet shares that it does not already own or that are not held by Telenet. Liberty Global has been Telenet’s […]