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Articles tagged with: Bt Group
BT Group, Britain's largest telecoms company, on Thursday reported a 33 percent drop in first-quarter profits amid tough competition and falling prices for Internet connections. But company shares rose as BT reported progress cutting costs and said it would deliver more promised reductions. more
Related Tags: UK
Vodafone to Take Over BT Customer Base in Ireland
British Telecom (BT) and Vodafone have signed a cooperation agreement in Ireland, where BT will transfer its consumer and small business broadband and voice customer base to Vodafone, and will also provide wholesale network services to underpin Vodafone's business over a seven-year period. Over 84,000 consumers and 3,000 small businesses currently with BT will transfer to Vodafone over the next several months. more
Related Tags: vodafone-ireland, base, Ireland
BT offers staff time off in exchange for pay cut
Telecoms company BT Group PLC is offering staff a year off work in return for a 75 percent cut in that year's pay. more
Related Tags: UK
BT posts huge 4Q loss, to cut 15,000 more jobs
Telecommunications company BT Group PLC said Thursday it expects to cut another 15,000 jobs in the next year after its Global Services division dragged the company to a fourth quarter loss of nearly 1 billion pounds. more
Related Tags: UK
Tellabs Wins UK Mobile Backhaul Contract
In a five-year deal, the UK's BT Group has selected Tellabs to provide solutions for part of its Ethernet-based mobile backhaul service. more
Related Tags: orange, ethernet, t-mobile, hutchison-3g-uk, edge, vodafone, hutchison-3g, tellabs, bt, backhaul, hutchison, UK
Alcatel-Lucent's Hagenlocker, Halbron Resign From Board
PARIS -(Dow Jones)- Alcatel-Lucent said directors Ed Hagenlocker and Jean-Pierre Halbron will leave the Franco-American telecommunication equipment maker as it acts on its promise to revamp its board. more
Related Tags: alcatel-lucent, bt, ben, alcatel
New Alcatel-Lucent Chairman: Must Focus on Entire Business Devt
PARIS -(Dow Jones)- Franco-U.S. telecommunications equipment company Alcatel-Lucent's non-executive chairman designate, Philippe Camus, said Tuesday the company must focus on the development of the entire business. more
Related Tags: alcatel-lucent, bt, ben
Virgin Media 2Q Net Loss Wider on Impairment Charge
LONDON -(Dow Jones)- U.K. television and telephony company Virgin Media, Thursday reported a higher than expected rise in second-quarter operating cash flow, but profits were dented by a goodwill impairment charge relating to the company's mobile segment. more
Related Tags: arpu, london, bt, virgin-media, tax, goldman-sachs, UK
Alcatel-Lucent Seen Drawing Several Contenders for CEO Job
PARIS -(Dow Jones)- Patricia Russo's planned departure as Alcatel-Lucent's chief executive swiftly turned to speculation about her replacement Tuesday, as analysts named former BT Group chief executive Ben Verwaayen among their favorites. more
Related Tags: wind, alcatel-lucent, france-telecom, ran, credit-suisse, personal, bt, ben, alcatel, new-york
BT Group CEO Verwaayen to Step Down Next Month
LONDON -(Dow Jones)- BT Group PLC Tuesday said Chief Executive Ben Verwaayen is stepping down and will be succeeded by Ian Livingston, who currently heads the telecom company's retail business. more
Related Tags: alcatel-lucent, london, bt, ben, UK