BT
Coverage of BT in the Nexus archive.
- How BT’s ‘no nonsense’ first female chief helped turn company around
Allison Kirkby, BT’s first female chief executive, has led an 80% rise in the company’s share price and received a £5.6m pay and bonus package. Questions remain about how much credit she deserves for the business revival.
- BT and Verizon to create joint global business in $625m deal
BT and Verizon will create a 50/50 joint global business with a $625m equalisation fee from Verizon to ensure equal voting rights. The venture combines their international operations, targeting 3,000 customers across 180 countries and $4bn in annual revenue.
- BT and Verizon to create joint global business in $625m deal
BT and Verizon are forming a 50/50 joint venture to combine their international businesses, with Verizon paying a $625m equalization fee to ensure equal voting rights. The new entity is expected to serve over 3,000 customers across 180 countries with $4bn in annual revenue.
- Verizon and BT Create Joint Venture for International Businesses
Verizon and BT have formed a joint venture focused on international businesses. The partnership aims to expand their global operations and services.
- BT’s pension fund lost £300mn on Thames Water
BT’s pension fund lost £300 million on Thames Water in 2024 by writing off its stake. The fund is described as one of the UK’s biggest private schemes.
- Karnataka should explore dedicated investment mechanisms for BT: Mazumdar-Shaw
Mazumdar-Shaw suggests Karnataka should explore dedicated investment mechanisms for BT.
- UK would block Indian billionaire raising BT stake
The UK government is blocking an Indian billionaire from increasing his stake in BT due to concerns about maintaining sovereign control over critical national infrastructure. This decision highlights the intersection of business and national security interests.
- BT warns of smartphone price rises due to chip shortages from AI boom
BT's CEO Allison Kirkby warns that smartphone prices could rise due to semiconductor chip shortages caused by tech companies purchasing large quantities of memory chips for AI-powered datacentres. The AI boom is creating supply chain pressure that may impact consumer electronics pricing.
- BT Sees Revenue Declines as UK Competition Rises
BT is experiencing revenue declines as competition in the UK telecommunications market intensifies. The company faces pressure from increased competitive activity in its home market. An Openreach engineer is pictured in relation to the company's infrastructure operations.