Ministers should rip up planning rules to deliver Boris Johnson's promise of super-fast broadband to every home, the head of Britain's biggest telecoms company has said.
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https://www.investing.com/news/stock-market-news/bt-picks-new-home-in-londons-aldgate-area-1929950
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Boris Johnson has attempted to disavow himself of his controversial “f--- business” remark with a bold pledge to a private gathering of top industry leaders, including the bosses of Lloyds, Marks & Spencer, and BT, to be “the most pro-business Prime Minister” in history.
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BT Group on Wednesday said it will sell its global headquarters to a fund managed by European private equity company Orion Capital Managers for £209.6 million.
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BT Group said on Thursday its third-biggest investor Orange would sell its remaining 2.5% stake, valued at over $600 million, in the former British telecoms monopoly.
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Karnataka government has proposed to announce a revised IT policy in a move to push the state as global 'first choice' for innovation and technology and reinforce startup capital tag. The State’s Department of IT, BT and S&T said it would soon announce a new IT Policy to drive investments and employment in Karnataka with a special focus on small (tier-II) cities. “We are in the process of formulating a revised IT Policy for the State. Our aim is to strengthen the State’s leadership position in the IT/ITeS industry through increased thrust for emerging technologies and R&D. Our focus would be to enhance necessary support through key incentives and facilitation through institutional mechanism," said Kris Gopalakrishnan, chairman Alixor Ventures, and Gaurav Gupta, principal secretary, Department of IT, BT and S&T, after the 15th Vision Group Meeting here. The Vision Group, led by industry leaders, advises the State government on organising technology events such as Bengaluru Tech Summit.
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Next big rights auction will test new BT chief’s commitment to top-level soccer
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Britain's biggest telecoms group BT will be forced to give rivals greater access to its core network Openreach to encourage a faster roll-out of high-speed fibre cables, under plans set out by regulator Ofcom on Friday.
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Britain's biggest broadband and mobile provider BT Group said on Thursday former Chief Executive Officer Gavin Patterson had agreed to a halving of his annual bonus.
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BT Group Plc won’t offer phones from Huawei Technologies Co. when it starts Britain’s first 5G mobile network next week, joining a growing list of wireless operators ditching the Chinese company’s handsets after the U.S. blocked it from critical suppliers.
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The new boss of Britain's BT Group will give each employee 500 pounds ($641) worth of shares, at a total cost of 50 million pounds, in one of his first moves to drive better performance at the telecoms giant.
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