BT Group
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BT has reportedly put its global division up for sale as part of the company’s ongoing attempts to shave costs -
BT has expanded its Carbon Network Dashboard, enhancing business customers' visibility into electricity consumption and carbon emissions for more effective infrastructure optimisation.
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BT Group has activated its first self-powering mobile site in the Shropshire Hills, with approximately 70% of the site’s energy requirements met by on-site solar panels and a wind turbine.
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BT Group has undergone a leadership reshuffle with Harmeen Mehta, the company’s chief digital and innovation officer, departing.
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BT Group is leveraging large language models from AI vendors like Claude developers Anthropic, Meta, and Amazon through a specially designed internal platform to enhance operations and drive innovation.
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Mexican tycoon Carlos Slim has raised his BT stake to 4.3% for around £150 million.
Forthcoming events
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Nokia has equipped Finnish company Sandvik with a 5G private network to control mining equipment.
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BT has completed negotiations to sell the French domestic operations of what was BT Global Services.
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Huawei’s revenue growth rate fell from 23.2% to a modest, for the Chinese vendor, 13.1% in the first half of the year.
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Four UK government departments are considering moves to spend millions to enable some of the country’s surviving telecoms engineering talent to rebuild a manufacturing capability.
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BT’s mobile arm, EE, has given a contract to Nokia to augment its much delayed network for emergency services in Britain.
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BT has partnered with the UK’s Department for Education to open up millions of BT Wi-fi hotspots for those can’t easily afford to access the internet.
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BT’s own auditor, KPMG, has criticised the group’s internal controls following the 2017 scandal when it wrote off £530 million of losses in its Italian business.
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Digicel, the Caribbean and Pacific mobile operator, has filed for bankruptcy, saying it has “unsustainable levels of indebtedness”.
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Australian investor Macquarie and an unnamed sovereign wealth fund are talking to BT about taking an investment in Openreach, its last-mile fibre and copper company.
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In a rallying speech delivered via video link yesterday, Ericsson president and CEO Börje Ekholm called on the industry to rethink the future role of networks, saying “more than ever, connectivity is key.”
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Capacity shares 5 key finance stories from around the world making headlines today!
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Christian Luiga, who was acting CEO of Telia Company until Allison Kirkby took over this week, has resigned as CFO of the group.
