BT plots further £3B in cuts, mulls global operations options
BT Group CEO Allison Kirkby set a target of achieving £3 billion in annual cost savings over the next five years, with the company set to continue a modernisation drive and assess various options for its business activities outside the UK.
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Deutsche Telekom boosted by record profit in Europe
Deutsche Telekom was buoyed by Q1 2024 growth in home market Germany and its European segment, which hit an-all time profit high for the period.
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AT&T, AST SpaceMobile draw closer to sat-to-phone launch
AT&T and AST SpaceMobile entered into a definitive commercial agreement to provide what they claimed would be the first full space-based broadband service direct to common cell phones.
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Anthropic hires Instagram co-founder
OpenAI rival Anthropic hired former Instagram co-founder and CTO Mike Krieger as chief product officer, part of a plan to expand the reach of its Claude chatbot.
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US DoD taps EchoStar for 5G services, devices
EchoStar scored a ten-year contract worth up to $2.7 billion to provide 5G services to the US Department of Defence (DoD) across all 50 states and territories, which would provide a much needed boost to its bottom line.
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vivo teases Y200 GT with Snapdragon 7 Gen 3 and 144Hz display, new Y200 model too
Tencent profits on advertising gains
Tencent's profit in the opening quarter rose by more than 50 per cent year-on-year, credited to a focus on high-quality revenue streams and potentially indicating early signs of a recovery in China's tech sector.
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Roon has transformed how I listen to music
Airtel grows on subscriber gains
Bharti Airtel recorded double-digit growth in its India mobile business in fiscal Q4 2024 (ending 31 March), driven by 4G and 5G customer additions and rising ARPU, but its net profit tumbled on one-off charges.
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Analysis: Chip equipment makers await sting from export controls
Suppliers of chipmaking machinery reported surprisingly buoyant sales to China customers in the opening quarter of 2024 amid weak overall demand for equipment, seemingly unfazed by wider exports controls .
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