Showing results for "BT Group"
technology
Vodafone-Three’s UK Combination Faces Full-Blown Deal ReviewVodafone Group Plc’s push to combine its UK unit with CK Hutchison Holdings Ltd.’s Three faces an in-depth investigation, with the country’s antitrust watchdog saying it’s seen little evidence so far to support their claims that the £13 billion ($16.4 billion) deal would help consumers.March 22, 2024
technology
Altice: Inside the Corruption Probe Billionaire Drahi’s Telecom Empire FacesCriminal investigations in Portugal and France are sending shock waves through Altice, billionaire Patrick Drahi’s sprawling telecommunications empire. The probes into suspected corruption, money laundering and tax fraud have resulted in the suspension of about a dozen executives and 60 suppliers in Portugal, France and the US, pushing some of Altice’s bonds deep into distress. The spreading crisis comes as the group’s debt pile has ballooned to more than $60 billion after years of aggressive acMarch 15, 2024
technology
KKR-Backed Hyperoptic Said to Seek Up to £500 Million of CapitalU.K. fiber-optic network Hyperoptic Ltd. is seeking to raise about £400 million ($502 million) to £500 million of fresh capital to fund its expansion as competition heats up, people with knowledge of the matter said.February 14, 2024