The UK’s Competition and Markets Authority (CMA) has confirmed it is investigating the anticipated sports joint venture between Warner Bros Discovery and BT Group. The CMA is considering whether it is or may be the case that this transaction if carried into effect, will result in the creation of a relevant merger situation under the […]
EE has announced a number of initiatives as Lead Partner of all England Teams and Wembley Stadium, to support the growth of disability football on and off the pitch, ensuring the game is as inclusive as possible for fans and spectators with disabilities. A three-year commitment to broadcast The FA Disability Cup exclusively live on […]
DAZN Group, the global sports streaming service, has announced that Pete Oliver will be joining the company as Chief Marketing Officer. Oliver will lead the group’s global marketing teams and distribution partnerships. Oliver joins from BT, where he spent the past 20 years launching, marketing and distributing BT’s consumer services. Most relevantly, for seven years, […]
A report from investment bank Jefferies on BT Group, following a briefing by BT Consumer division’s CEO Marc Allera, quotes him saying that BT is focused on value over volume, and that there’s no intention on seeking increased market share. The bank’s report says that BT is keen to signal that it has no ambition […]
BT Sport is proud to present Playing with Pride, premiering on BT Sport on May 27th. In the show, Clare Balding hosts an epic line-up of guests in a round-table discussion, who hold a wealth of experience in the sporting world and beyond. Conversations on the evolution of LGBTQ+ opinion in sport and society are brought […]
BT has demonstrated its broadcast capabilities, with its Media & Broadcast, BT Sport and EE operations combining to showcase the powerful benefits that 5G and cloud-based technologies bring to broadcasters. BT delivered the broadcast innovations on May 21st at the Gallagher Premiership Rugby match between Saracens v Northampton Saints, where it demonstrated the power of […]
BT has unveiled a new Charter for its 1.2 million UK business and public sector customers, providing a blueprint for the telco to accelerate a range of initiatives aimed at boosting the growth of UKplc. The Charter consists of a new set of commitments from BT to provide its Enterprise customers with a springboard for […]
BT Group’s proposed joint venture with Warner Bros Discovery is neutral to BT’s rating, according to credit rating agency Fitch Ratings, who expect the impact on its credit metrics to be limited. “Deconsolidation of the JV should not affect the group’s EBITDA significantly, while the impact on net debt at transaction close is expected to […]
Following its announcement of exclusive discussions on February 3rd, BT Group has agreed a set of definitive agreements with Warner Bros Discovery to form a 50:50 joint venture company to create a new premium sport offering for the UK & Ireland and to transfer the operating businesses of BT Sport to Warner Bros Discovery By […]
BT Group has published its full year results, revealing underlying revenue of £20.9 billion (€24.4bn) – down 2 per cent for the full year – attributed to declines in Enterprise and Global. Cost savings meant EBITDA rose 2 per cent to £7.6 billion. The telco said it is on track to meet its targets for […]