BT has secured a five-year partnership with DEFRA to connect 34,000 workers and devices across the UK. Using EE’s mobile network and the Shared Rural Network, the project enhances safety, monitors the environment, and supports carbon reduction, helping DEFRA predict weather events and prevent critical incidents in rural areas.
BT has sold its remaining stake in its Italian unit to Retelit, propelling Retelit’s expansion and enhancing ICT infrastructure services. This strategic move marks a pivotal step for BT, while streamlining its operations and focusing on the UK market.
Cordiant Digital Infrastructure is on the brink of acquiring BT Ireland’s wholesale unit for €22 million. This strategic move, approved by Ireland’s Competition and Consumer Protection Commission, is set to enhance Cordiant’s influence within the Irish market.
The Indian government’s strategic move to convert Vodafone Idea’s debt into equity has dramatically increased its stake to 49%. This comes as a lifeline for the telco, offering significant relief in its enormous debt woes. Despite this, Vodafone Idea faces tough competition from leaders Jio and Airtel, particularly in the 5G arena.
Telus, a leading telecom operator, is considering selling a minority stake in its wireless tower portfolio, aiming to strengthen its financial position. The potential divestment of up to 49.9% of its 3,000 towers could raise over CAD 1 billion, fueling debt reduction and aligning with broader industry trends of leveraging asset sales for growth.
BT is in talks with AT&T and Orange to explore partnerships for its international operations, possibly leading to a partial sale. This move aligns with CEO Allison Kirkby’s UK-focused strategy, following BT’s recent sale of its Irish operations.
BT urges UK SMEs to switch from analogue to digital networks by 2025 amid the phased retirement of PSTN, essential yet outdated. With 22% still reliant on traditional systems, disruptions rise.
BT Group is expanding its Global Fabric services through collaborations with Equinix and Optiva, significantly enhancing its network reach. The Global Fabric platform connects enterprises to rapid computing services, revolutionizing access to cloud-based solutions.
BT is removing Diversity, Equity, and Inclusion (DEI) targets from its managerial bonus scheme, shifting focus to employee engagement. DEI targets previously made up 10% of bonuses for 37,400 managers. Despite the change, BT insists it remains committed to inclusion.
BT’s sale of its wholesale and enterprise unit in Ireland to Speed Fibre Group for €22 million marks a significant shift in the Irish telecom market. Transferring BT Communications Ireland Ltd, this acquisition includes domestic network infrastructure and over 400 business clients, excluding multinational services.
