The UK government said it has plugged another potential source of bill shock after brokering a voluntary deal with EE, O2 UK, Three UK, Virgin Media and Vodafone UK to cap costs accrued on stolen devices.
Zegona, a UK-based company established by former Virgin Media executives to execute a 'buy-fix-sell' strategy in the European telecoms, media and technology (TMT) sector, on Monday kicked off a plan to raise £30 million (€42 million/$44 million) ahead of the company's planned listing on the AIM market of the London Stock Exchange on Mar. 19.
BT this week made further progress in its bid to buy mobile operator EE for £12.5 billion (€16.8 billion/$19 billion), raising £1 billion in a share placing on Thursday to help fund the deal.
TalkTalk was quick to praise the success of its new quad-play strategy after reporting year-on-year revenue growth of 4.2 per cent in its financial third quarter (calendar Q4), but the UK-based operator also indicated that the cost of acquiring new subscribers for combinations of its mobile, broadband and TV products would hit earnings in the full year.
EE, Virgin Media and Vodafone UK have become the last Internet service providers in the UK to sign up for a voluntary code of practice that supports the fundamental concepts of the Open Internet, also known as net neutrality.
Telefónica's UK mobile operator O2's customer service was ranked best by consumers quizzed by regulator Ofcom in a regular annual survey, although Virgin Mobile was the only operator to show a year-on-year improvement.
Announcing its first major expansion beyond North America, advanced-advertising company BlackArrow has unfurled a new partnership with Virgin Media in the United Kingdom.
EE has launched a new home TV service as part of efforts by the UK operator to encourage further take-up of its home broadband service, as the battle for fixed and mobile subscribers focuses increasingly on the home.
Russian telco VimpelCom made its second high profile appointment in as many months, after lining up Scott Dresser as group general counsel with effect from Sep. 1
More years ago than I care to remember, I journeyed to Nice in France to participate for the first time in what was then called Management World, organised by the Telemanagement Forum. My main reason for going? In all honesty, to hear EasyJet founder Stelios Haji-Ioannou discuss the business plan behind his easyMobile venture.