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Tag: suspends
BT increases fibre network build target, suspends dividends on Covid-19 impact
2020-05-07 11:17:00| Telecompaper Headlines
(Telecompaper) BT Group has announced a rapid acceleration of its FTTP network build, setting a new target of reaching 20 million premises by mid-to-late-2020s, with a significant build in rural areas. This will be supported by a GBP 12 billion investment spend. The announcement was made as BT reported revenue of GBP 22.90 billion for the year to 31 March 2020, down 2 percent (reported basis) on the impact of regulation, declines in legacy products, strategic reductions in low-margin business and divestments.
Tags: network
build
impact
target
BT suspends 2.5bn dividend in wake of pandemic
2020-05-07 02:00:00| Total Telecom industry news
Last month, Orange became the first major operator to cut its dividend, reducing by 30% in the wake of coronavirus-related losses. Now, BT has announced that it will go one step further, scrapping both the last £1 billion dividend of 2019, as well as those of the coming financial year, projected to be worth around £…read more on TotalTele.com »
Tags: of
wake
dividend
pandemic
Indiana Packers Corporation suspends operations in Delphi
2020-04-25 13:40:00| National Hog Farmer
To date, IPC has had a total of 15 confirmed COVID-19 positive cases.
Tags: corporation
operations
indiana
delphi
Poly says sales better than expected, but suspends dividend to preserve cash
2020-04-15 17:40:00| Telecompaper Headlines
(Telecompaper) Poly announced sales have been better-than-expected in the past quarter on strong demand for its headsets and other products. While its backlog has grown, its main production site in Mexico was shut down this month, which could cause problems filling orders. The company has suspended its quarterly dividend and debt repayments in order to conserve cash and is starting a cost-cutting plan.
PPB Temporarily Suspends Tow Releases and Fees
2020-04-08 21:34:30| PortlandOnline
Tags: releases
fees
temporarily
tow
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