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Nov 24, 2014

BT in talks to buy UK mobile operator

LONDON/MADRID Nov 24 (Reuters) – Britain’s BT Group
is in early stage talks with Spain’s Telefonica on a
deal to buy UK mobile operator O2, with two sources saying it
has also begun negotiations with EE as it seeks a return to the
British consumer mobile market.

Both Telefonica and BT confirmed they were in talks after
Spanish website El Confidencial reported that O2 could be sold
in return for a 20 percent stake in BT as part of a “strategic
alliance” to strengthen the two groups.

Nov 18, 2014

Britain to investigate Premier League rights auction

LONDON (Reuters) – Britain is investigating whether the way Premier League football match rights are sold is anti-competitive, alarmed by the runaway costs broadcasters have to pay to show the top games in the country’s national sport.

Media regulator Ofcom’s move poses a threat to the business model of the league, which bankrolls the salaries of some of the world’s best players with TV revenues, and to broadcasters Sky (SKYB.L: Quote, Profile, Research) and BT (BT.L: Quote, Profile, Research) who attract subscribers with exclusive matches.

Nov 18, 2014

Britain to investigate Premier League soccer rights auction

LONDON (Reuters) – Britain is investigating whether the way Premier League soccer match rights are sold is anti-competitive, alarmed by the runaway costs broadcasters have to pay to show the top games in the country’s national sport.

Media regulator Ofcom’s move poses a threat to the business model of the league, which bankrolls the salaries of some of the world’s best players with TV revenues, and to broadcasters Sky and BT who attract subscribers with exclusive matches.

Nov 17, 2014

TalkTalk switches to Telefonica UK for 4G mobile broadband offer

LONDON, Nov 17 (Reuters) – British broadband provider
TalkTalk Telecom Group said on Monday it had signed an
agreement to use Telefonica’s O2 network to provide
mobile phone services to its customers, including for the first
time 4G mobile broadband.

The company’s previous partner as a mobile virtual network
operator (MVNO) was Vodafone, for a service that had
348,000 customers at the end of September, some 9.5 percent of
TalkTalk’s broadband base.

Nov 14, 2014

Nokia’s cautious forecast on profit margins disappoints investors

HELSINKI/LONDON, Nov 14 (Reuters) – Nokia
predicted on Friday a return to growth for sales in its core
network equipment and services business next year and lifted its
long-term profit margin target after meeting strong demand for
4G mobile broadband networks this year.

However, the share price fell by nearly 6 percent to 6.28
euros as analysts said the margin target could have been more
ambitious, mindful that the company was expecting to beat the
new target in 2014.

Nov 13, 2014

Flush from Columbus win, C&W says set to take battle to Caribbean rival

LONDON, Nov 13 (Reuters) – Cable & Wireless Communications
Plc believes its expensive victory in the battle to buy
broadband and TV provider Columbus will give it the heft it
needs to take on fierce rival Digicel in the Caribbean.

C&W, which has sold operations from Macau to Monaco, agreed
to buy Columbus last week for $1.85 billion plus $1.17 billion
in debt, after fending off competition for the firm backed by
pay-TV mogul John Malone, chairman of Liberty Global Plc
.

Nov 11, 2014

SurveyMonkey targets professional customers in Britain

LONDON (Reuters) – SurveyMonkey, an internet company that enables people to poll friends, colleagues and customers, is bringing its professional polling service to Britain, marking its first foray for the product in Europe.

Launched a couple of years ago in the United States, SurveyMonkey Audience has a 4.5 million strong panel ready to answer questions. It is used by companies to get feedback on new products or on ads. Investors, stock market analysts and academics also make use of it.

Nov 11, 2014

TalkTalk posts strongest broadband growth in four years

LONDON, Nov 11 (Reuters) – Britain’s TalkTalk
notched up the fastest growth in broadband subscribers in four
years in its second quarter, as a net 15,000 new subscribers
signed up for deals that increasingly include mobile calls and
television.

TalkTalk has been pushing its TV offer, but in the last
quarter broadened its promotions to include high-speed fibre
broadband and mobile.

Nov 7, 2014

Canary Wharf owner Songbird rejects Qatar fund approach

LONDON (Reuters) – Songbird Estates, the majority owner of London’s Canary Wharf, has rejected a 2.2 billion pound ($3.5 billion) takeover proposal from Qatar Investment Authority and Brookfield Property Partners, saying it undervalued the group.

“This proposal significantly undervalues Songbird and does not reflect the inherent value of the business and its underlying assets,” Chairman David Pritchard said on Friday.

Nov 6, 2014

Cable & Wireless broadens horizons with Columbus deal

LONDON, Nov 6 (Reuters) – Cable & Wireless Communications
has agreed a deal to buy Columbus International, a
fibre-based telecoms provider backed by cable TV billionaire
John Malone, for $1.85 billion to boost its mobile, fixed line,
broadband and TV offer in the Caribbean.

London-listed C&W, which sold its operations in Monaco and
Macau in the past two years, said the deal would accelerate its
push into multiple services, particularly with Malone on board.