How BT, EE, Plusnet, Talktalk, O2 and Virgin Media misled customers over mid-contract price rises telecoms Six of the UK’s biggest broadband providers, BT, EE, Plusnet, Talktalk, O2 and Virgin Media, failed to make mid-contract price increases clear to consumers, the advertising watchdog has ruled. The Advertising Standards Authority (ASA) said the companies misled consumers by placing important information about price rises separately to headline prices and in areas of less [...]
Virgin Media O2 to offload stake in mobile tower network telecoms Virgin Media O2 has reportedly agreed to offload roughly eight per cent of Britain's biggest mobile tower network as the telecoms group looks to fund the expansion of its fibre broadband and mobile operations.
‘It can be spaghetti out there’: can Cityfibre take on BT? telecoms The UK’s altnet industry is a tangled mess of “spaghetti” – at least, that’s how the boss of Cityfibre put it earlier this year. Altnets, or alternative networks, such as Cityfibre, Gigaclear and Community Fibre, have emerged as competitors to the UK’s broadband giants Virgin Media O2 and Openreach. Despite their smaller scale, they have [...]
Boardroom Uncovered: How Virgin Group’s CEO went from New Zealand to running Richard Branson’s empire July 30, 2024 Boardroom Uncovered is City A.M.‘s on-camera interview series featuring the CEOs of the biggest and best-known companies operating in the UK.
Talktalk hopeful of securing lifeline investment as refinancing deadline looms July 21, 2024 Talktalk has warned investors it could collapse within weeks unless its bosses secure a £200m lifeline from its largest shareholders, as the struggling telecoms firm flounders in its mountainous debt pile
Vodafone vows to boost competition in new network deal with Virgin Media O2 July 3, 2024 Vodafone and Virgin Media O2 have struck a new network agreement as the firms looks to reassure regulators of competition concerns in the telecoms sector.
Giffgaff’s new offerings help sales edge towards £600m June 24, 2024 Giffgaff saw its sales edge closer to the £600m mark as the budget provider invested in new products during 2023, according to new documents.
Cityfibre: Network provider hits profitability in challenge to BT Openreach and Virgin Media May 8, 2024 Cityfibre recently announced its acquisition of network provider Lit Fibre, which has boosted its full fibre rollout by up to 300,000 sites.
Hostelworld bets on ex-Will Hill boss as chair amid strong trading May 2, 2024 Hostelworld Group, a booking service for hostels around the world, has named its new chair and announced an earlier-than-planned repayment of a debt facility thanks to strong trading ahead of its Annual General Meeting (AGM).
Virgin Media O2: Tough first quarter as customers head for competitors May 2, 2024 Total revenue decreased marginally by 0.5 per cent year on year to £2.58bn, which VMO2 said was mainly driven by handset revenue decline.