Shanghai-listed Transsion also facing growing competition in African market and legal challenges over intellectual property
Acquisition part of sector’s push to converge phone, internet and television
US telecoms group says deal will ‘significantly’ increase its fibre footprint ‘across the nation’
Partial climbdown by billionaire follows freezing of satellite internet group’s finances over fines levied on social media site
Department for Science, Innovation and Technology wants to know where barriers ‘can be mitigated or removed’
Arch-rival Christie’s also suffering from slowdown in auctions
Institute of Directors among those pushing Ofcom to make redress compulsory rather than on case-by-case basis
Fibrus and Community Fibre secure £160mn to take on broadband incumbents such as BT
(And it’s got worse)
Sky’s deal with CityFibre complements, rather than replaces, its existing arrangement with Openreach network
FTSE 100 group’s existing agreement with media company will remain but choice of rival ‘altnet’ puts it under pressure
Company that drew investment from UK group in the 1990s is now becoming its biggest shareholder
UK telco used to own 21% of Bharti’s group. The roles are now reversed
Bharti’s acquisition of a stake alongside other telco investors is a vote of confidence in the company’s strategy
Sunil Bharti Mittal’s conglomerate says it has no plans to make an offer for the UK telecoms group
Size of payment to be made by the telecoms company to HMRC still to be decided
Sale part of CEO’s plan to simplify telecoms group’s sprawling business and reduce debt
UK telecoms group ‘fell woefully short of its responsibilities’ in incident last year, says Ofcom
Heavy borrowing raises questions over whether the stake can be maintained in the long term
UK regulator says providers must ‘transparently’ tell customers upfront about any increase included in their contract
US telecoms group delayed disclosure under public safety exemption to SEC rules
German telecoms groups to remove Huawei and ZTE components by 2029
The CMA’s chief concern will be the merged company’s impact on consumer tariffs and on its wholesale customers
Disclosure puts further pressure on telecoms group and former Conservative party donor
Deal is latest example of consolidation in fast-growing sector providing alternative full-fibre networks