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Tag Archives: BT

BT will remove Huawei 4G devices and exclude companies from 5G bidding

Huawei's network infrastructure hardware is facing more and more setbacks. Australia earlier this year and New Zealand recently rejected Huawei's offer to provide hardware for the 5G network infrastructure, with national security as the main reason. A November Wall Street Journal report said the US has asked close allies to avoid buying and using network equipment from the Chinese manufacturer. …

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Gavin Patterson is invited as BT CEO

BT boss Gavin Patterson will be replaced later this year. BT's CEO resigns due to poor shareholder profits and skepticism over his plans to restructure the telecoms and media group. The British group said in a statement Friday that Gavin Patterson would be leaving his job later this year. The company's board has begun a search for its successor. BT …

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BT Chief Gavin Patterson to leave the strategy reset flop

Gavin Patterson, BT Group Plc's Chief Executive Officer, leaves the company after five years at the helm of the UK telephone monopoly after the strategy failed to win investors Patterson will resign later this year and the board English: He started a search for his replacement, BT said on Friday. The board expects to have a successor in the second …

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BT is to employ 13,000 people • The Register

Former state monopoly BT is expected to cut 13,000 jobs over the next three years and shut down its current London headquarters to cut back 1.5 billion pounds in costs and boost its staggering share price. mainly in the back office and middle management, but BT has not specified in which areas of the business the ax will fall. BT …

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BT will cut 13,000 jobs over the next three years

BT Group Plc lost most in 15 months after the company said it would cut revenues and maintain a flat dividend, along with a comprehensive policy refresh to address the uncertainties that weighed on the stock. The former telephone monopoly fell even 9.6 percent after it was forecasted that underlying sales would fall 2 percent in the next fiscal year …

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