BT Venturing – Page 3
-
Partnerships & AlliancesBT ‘evolves’ Rackspace multi-cloud partnership
Tie-up becomes multi-sided with Rackspace customers now being offered BT Global networking and security services.
-
M&AEutelsat in talks with OneWeb to build unified satellite player
French satellite operator Eutelsat confirms talks to merge with UK government-backed OneWeb.
-
M&ABT–Discovery merger gains regulatory approval
Competition and Markets Authority signs off on long-mooted 50:50 JV.
-
Partnerships & AlliancesUK military drafts BT on drones and robotics
BT Defence Director highlights innovation tie-ups with army, navy, and air force.
-
Partnerships & AlliancesBT continues “dramatic simplification” with cloud-first AWS deal
Five-year agreement adds to recent contract with Google Cloud to advance operator’s digital transformation and simplification drive. AWS named preferred cloud provider for internal applications.
-
Partnerships & AlliancesBT pilots orchestrated cloud with M2A Media
Pair conduct trial to meet demand for cloud media services. Further collaboration anticipated following “successful” integration showcase.
-
Partnerships & AlliancesBT flags new contract with Deutsche Post DHL
The two groups have been working together since at least 2010. Focus on building a sustainable and cloud-based network to underpin supply chains.
-
Partnerships & AlliancesBT strikes improved deal for Cellnex site access
“Enhanced” terms for a site services deal in place until at least 2031 will support EE’s 5G upgrade in key areas. Cellnex asserting its pro-competitive credentials as it slams the CMA for overstepping its remit in questioning the InfraCo’s planned acquisition of CK Hutchison’s UK towers.
-
Venturing & InvestmentsEutelsat CEO sees EU constellation role with OneWeb in tow
Eva Berneke outlines opportunities to help “ensure European sovereignty”. Eutelsat now second-largest shareholder in OneWeb after Bharti Global. Kwasi Kwarteng suggests bigger role for OneWeb in the UK.
-
M&ABT Italia offloads SAP services subsidiary
BT Global continues ‘global not national’ streamlining programme with the sale of Italian IT outsourcing outfit ERPTech. €4m+ deal leaves Italia lightweight but focused.
-
Venturing & InvestmentsBT opens venturing wallet for on-demand talent pool startup
Startup acceleration ambition kickstarted with minority stake in Distributed. New acquisition to provide BT access to on-demand software engineering teams to support development projects, with connected healthcare solutions first up. BT’s Harmeen Mehta hopes such partnerships will alleviate skills shortage pressures and drive her digitalisation agenda.
-
M&ADiscovery JV: BT Sport to be unbundled from BT
Another twist to the tale as BT and Discovery enter exclusive discussions. Jansen indicates agreement encompasses Eurosport UK and ‘Discovery app’, hinting at sports content tie-up; says deal has “no downsides”. The move could be a huge blow to DAZN, which appeared to have secured an $800m buyout.
-
Partnerships & AlliancesBT ties with SES on ‘multi-orbit’ data and IoT
Global division looking to satcomms to expand mining sector presence and boost search for growth. Tie-up bridges various in-vogue areas of enterprise IoT, satellite, not-spot coverage, and cloud productised services. Deal appears precursor to broader revamp of BT’s ecosystem at intersection of wireless and satcomms.
-
M&ADAZN retakes lead in BT Sport race
Sports streaming specialist in pole position to land $800m deal. Discovery JV still a possibility, but cash injection may be preferable as BT invests in 5G and fibre rollouts.
-
Partnerships & AlliancesBT joins industry bodies in health-tech drive
Operator added to Health Tech Alliance and The Kings Fund as part of effort to expand in the industry through collaboration. Health a sector of interest to CEO Jansen amid BT Enterprise resurgence.
-
M&ADefences up as Drahi increases BT stake
Patrick Drahi’s Altice UK stops short of a takeover bid, but increases holding to 18%. UK government issues warning that it “will not hesitate” to protect national interests amid concerns of foreign investment in critical infrastructure incumbent. Takeover not Drahi’s ‘intention’, but caveats are in place.
-
M&AWill Drahi come knocking on BT’s door?
Six months on from French billionaire’s surprise raid on BT, Altice UK now free to up its stake or mount a takeover bid. Jansen called in for meeting with UK government minister to get the lowdown on Drahi’s intentions.
-
M&ABT Sport mulls Discovery JV as DAZN buyout stalls
Discovery in talks with BT over sports broadcasting partnership. Deal would offer strong alternative to DAZN’s £600m buyout attempt.
-
M&AReliance denies interest in acquiring BT stake
BT share price jumps on report that Indian conglomerate eyeing a move for UK incumbent. Reliance quick to dismiss the article as “completely speculative and baseless”, but City still excited.
-
Partnerships & AlliancesBT renews Middle Eastern partnerships
Long-running R&D tie-up gets extended, with BT’s engagement with Etisalat and Khalifa University stretching a further five years. BT Applied Research MD Tim Whitley among those involved.