US tech giants should bear some of the costs of developing Europe’s telecommunications networks, the CEOs of major European operators said.
Browsing: BT Group
BT Group shares advanced as much as 9.5% following a report that India’s Reliance Industries is weighing up a possible offer for the UK’s biggest phone company.
BT Group, the owner of Britain’s EE mobile company, said on Wednesday it would phase out 3G in the next two years to free up airwaves to help bring 5G to the entire country by 2028.
Last week’s announcement by Sekunjalo’s African Equity Empowerment Investments that BT Group was not entitled to claim back the 30% stake in BT South Africa held by AEEI was a little puzzling.
African Equity Empowerment Investments, controlled by Iqbal Survé’s Sekunjalo Group, has told Britain BT Group that it can’t exercise a call option to terminate its agreements with the company.
Britain’s BT Group – formerly British Telecom – has terminated its relationship with Iqbal Survé’s Sekunjalo Group, ending its longstanding relationship with the firm.
BT Group’s board remains divided following the unexpected resignation of chairman Jan du Plessis, with the two camps mainly at odds over the pace of changes needed at the company.
MTN Group said on Monday that it has appointed former McKinsey & Company executive Chika Ekeji to the newly created role of executive: strategy and transformation.
The UK will ban the installation of 5G equipment from China’s Huawei Technologies by the end of next September.
Ralph Mupita, MTN Group’s chief financial officer, will replace Rob Shuter as the CEO of the telecommunications provider on 1 September.