BT Venturing – Page 4
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Partnerships & Alliances
BT’s McRae fights corner for Nordic giants, as peers swing for Eur-O-RAN
BT Chief Architect highlights value of local major NEPs, as European peers promote greater supply chain diversification. Remarks follow McRae support for Ericsson foray into open RAN orchestration. BT committed to open RAN as part of opportunity to ‘network-ify’ applications and functions in new markets. Analysys Mason-backed report highlights ...
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Venturing & Investments
Höttges: “All options open” for BT stake
Patrick Drahi free to make bigger move on BT from 11 December. French billionaire is planning to increase BT stake, reports Reuters. Sources say any move likely to involve DT. Höttges keeps cards close to chest.
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Partnerships & Alliances
BT Group appoints pensions advisory partner
XPS Pensions Group will support BT’s established in-house team.
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Partnerships & Alliances
UK telcos face missing out on Horizon Europe funding
Political brinkmanship between London and Brussels threatens access to €95.5bn R&D pot. UK preps Discovery Fund as alternative, but unlikely to match largesse of Horizon Europe.
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Venturing & Investments
BT forms team to target strategic startup investments
Group getting back in funding game, focusing on startups in North America and Europe. New Digital division’s focus on platforms and partnerships at centre of push.
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M&A
DAZN targets Premier League with BT Sport bid — reports
Reports indicate BT is in “advanced” stage talks with DAZN to offload BT Sport, with a deal mooted “within weeks”. Broadcasting rights the big-ticket item for US streaming specialist, while BT looks to focus efforts on network expansion.
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Partnerships & Alliances
Arqit CEO lets slip mixed feelings about BT links
Startup boss concedes that its partner is also a QKD competitor, which “changes the addressable market somewhat”. He also tellingly describes BT as “very cautious” at a time when terrestrial QuantumCloud on cusp of commercial rollout.
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M&A
CityFibre eyes fresh cash injection
Press reports suggest Openreach challenger will announce fresh funds through stake sale and bond issue.
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M&A
Höttges “ready” for Drahi tête-à-tête after BT raid
DT confirms Altice’s secretive acquisition of a large BT holding went unflagged. Group “open” to discussions and sees prospect of “exciting” developments towards end of 2021. DT accentuates lack of pressure to sell up, should Altice target its holding.
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M&A
DT interest Community Fibre subsumes rival
FTTP altnet backed by BT shareholder absorbs assets of smaller fibre builder. Business now looking “beyond London” as it continues to accelerate growth. Community Fibre’s FTTP footprint stands at 300,000 premises. Acquisition not impacting commercial operations or leadership structure of “independent” merger partner.
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Partnerships & Alliances
Sky “fundamental” to BT Sport strategic partnerships
As BT’s sports broadcasting division hunts for minority investors or strategic partners, CEO Jansen puts Sky tie-up front and centre. ITV backs away from chipping in, but remains keen on partnership.
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Partnerships & Alliances
BT wants a billion pounds “minimum” from Microsoft deal
Microsoft beefs up its position within BT’s enterprise ecosystem with formation of an updated strategic partnership. BT aiming for a nine-figure revenue target from “complicated”, “big” deal. Software giant separately acquires BT spend-tracking partner Suplari.
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Venturing & Investments
BT investment signals cybersecurity intent
BT named lead investor in $33m Safe Security funding round. SAFE cyber risk quantifier to be added to BT security offering, with the potential to target 30 million BT Consumer customers flagged by the partner. As well as exclusive securing UK rights, BT’s cash injection to fund accelerated innovation ...
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Partnerships & Alliances
BT targets Amazon as key commercial partner
As Consumer embraces a platform strategy and seeks new partners to help boost customer value and enhance its billing relationships, a concerted effort is being made to woo internet giant Amazon. Relationship building reflects determination to achieve a “best for partnerships” strategic objective.
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M&A
Drahi cites Brexit for BT swoop
Co-founder of Altice telecoms group pays UK government ministers a visit about newly acquired 12.1% BT stake. Claims Brexit and relatively low FTTP rollout makes UK ripe for investment. Some in BT reportedly think overtures to government might be part of a grand takeover plan.
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Partnerships & Alliances
BT’s Corston-Petrie: private 5G networks are changing the game
Mobile Core Networks Research lead underlines benefits of private 5G. BT’s John Davies outlines how data and the ‘three pillars’ of AI, IoT, and 5G are enabling a growing number of industrial use cases. AE Aerospace provides a real-world example of a private 5G network in action.
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M&A
Murdoch’s News UK steps away from BT Sport talks
News UK has pulled back from talks with BT regarding a partnership for the sports broadcasting business. Discovery and ITV said to remain in contention, with DAZN seemingly the keenest of the bunch.
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M&A
BT’s uninvited new co-pilot: what’s Drahi’s mission?
Altice buys minority stake but claims no intention of full-fledged takeover. Seeks to support BT’s strategic fibre, for which Drahi has genuine zeal. BTwatch explores industrial logic and financial machinations behind move.
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M&A
BT quietly divests Boingo Wireless interest
Telco offloads small minority stake in Boingo. US wireless internet service provider recently subsumed by Digital Colony.
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Partnerships & Alliances
BT seeks South African alternatives after partner breakup
Group abruptly severs ties with longstanding partner Sekunjalo, but is under pressure to remain compliant with the country’s black economic empowerment agenda.