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BT reports lower H1 revenue, ultrafast roll-out passes 2 million premises

2018-11-01 10:34:00| Telecompaper Headlines

(Telecompaper) BT Group has reported revenue of GBP 11.59 billion for the fiscal half year to 30 September, down 2 percent from GBP 11.78 billion a year earlier. Adjusted revenue fell 1 percent to GBP 11.62 billion as consumer business growth was offset by declines in the enterprise business and regulated price reductions for Openreach. Reported profit before tax was GBP 1.35 billion for the six months, with adjusted EBITDA up 2 percent to GBP 3.67 billion, driven mainly by higher volume and mix of high-end smartphones in the consumer business and restructuring-related cost savings. 

Tags: reports lower million revenue


UK allocates 200m to boost rural fibre rollout

2018-10-31 01:00:00| Total Telecom industry news

The UK government is to allocate a further £200 million to boost rural connectivity across the UK.The government has made rural connectivity a key part of its telecoms manifesto this term and has repeatedly pledged to improve connectivity in some of Britain's most hard to reach areas…read more on TotalTele.com »

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Reliance Jio: India will be ready for 5G rollout by 2020

2018-10-29 01:00:00| Total Telecom industry news

Reliance Industries' chairman, Mukesh Ambani, has said that he expects India to be ready to rollout full 5G services by the year 2020. Ambani told the Economic Times of India that exponential growth in the average data consumption of Indian subscribers was highlighting the need for the country to begin its rollout of next generation networks…read more on TotalTele.com »

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HP and ePac announce record rollout of 20 HP Indigo 2000 digital presses

2018-10-18 16:20:00| Label and Narrow Web Breaking News

The largest deal ever for the HP Graphics packaging business, the new ePac order is estimated to be worth over $100 million.

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Reliance Jio invests in Hathway, Den Networks to speed fibre roll-out

2018-10-18 13:53:00| Telecompaper Headlines

(Telecompaper) Reliance Industries (RIL) has acquired a 66 percent stake in Den Networks and 51.3 percent in Hathway Cable and Datacom in order to expand into the fixed broadband market. The acquisitions of the cable networks is expected to support its plan to bring fibre broadband to 50 million homes across India.

Tags: den speed networks reliance


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