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Things are looking Upp for UK broadband with new 1bn fibre pledge
2021-06-02 02:00:00| Total Telecom industry news
New ISPs pop up throughout the UK all the time, but rarely with investment plans of the same scale as newcomer Upp, which plans to invest £1 billion in its FTTP network over the next four years. Backed by investment firm LetterOne, which also own Holland & Barrett, the new fibre operator said it is aiming to pass 1 million premises in eastern England by 2025…read more on TotalTele.com »
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RAF Tempest jet will 'add 1bn to East of England economy'
2021-05-26 18:52:24| BBC News | Business | UK Edition
Tempest is due to fly into action in 2035, eventually replace the existing Typhoon.
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1bn stake sale could see CityFibre increase rollout to 10m
2021-05-24 02:00:00| Total Telecom industry news
Back in March, it was announced that UK altnet CityFibre were looking to sell a significant minority stake in the company for up to £1 billion. Now, CityFibre CEO Greg Mesch (pictured) has told The Mail on Sunday that the operator in talks with 20 potential investors to purchase up to a 30% stake in the company…read more on TotalTele.com »
Tata Motors: Jaguar Land Rover's Indian owner sees surprise $1bn loss
2021-05-19 05:34:27| BBC News | Business | UK Edition
Tata Motors wrote off $2bn due to its shakeup of Jaguar Land Rover and warned over the global chip shortage.
Singtel to rethink strategy as it prepares to book almost $1bn loss
2021-05-14 02:00:00| Total Telecom industry news
Singtel has today announced that it expects to announce a net loss of $907 million in its upcoming full-year results. The losses come primarily due to the severe impairment of two of its US-based units, digital advertising platform Amobee and cyber-security firm Trustwave. As a result, Singtel has announced a major strategic review that could see significant restructuring of product or business segments…read more on TotalTele.com »
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