Bank in hot water over BT's Plusnet deal
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Watchdog is not amused BT says it will continue to work with Rothschild bank, depite the financial institution giving it such poor advice over the Plusnet acquisition last year that the bank has been formally reprimanded by the Takeover Panel.â¦
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UK internet service providers (ISPs) have reacted with dismay to the publication of a direction statement from telecoms regulator Ofcom, which they say leaves BT free to levy high charges on the wholesale digital subscriber line services it leases to them
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Acquires Belgian IT services outfit Telecoms giant BT has acquired Belgian-based network systems integrator INS Group S.A. as it continues to push the brand beyond British shores.â¦
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Â· Company faces insolvency without Â£400m cash boostÂ· Public-private deal was driven by Treasury
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British bank's sharp fall in value makes it vulnerable to takeover by the acquisitive Spanish bank.
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BT Group Plc will buy Infonet Services  Corp. for $965 million in cash, giving the UK's top fixed-line  telecoms company 1,800 multinational corporate clients and an  expanded presence in the United States and Asia.
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Business & money: Â· Scant detail 'designed to antagonise', says analystÂ· Debt suspected to have soared to Â£300m
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BT Group confirmed this morning it is to buy the Californian telecoms group Infonet Services Corp for Â£965 million. The news followed reports which said that the UK telecoms
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Slap on the wrist for Openreach The UK now has 735,000 unbundled phone lines in BT's local exchanges, but "planned quality levels" have not been met for Business As Usual lines (individual lines rather than bulk migrations), according to the Office of the Telecoms Adjudicator's monthly report.â¦
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By Andrew Murray-Watson Ben Verwaayen, the chief executive of BT, has called for a review of the universal service obligation that legally binds the company to provide basic telecoms services to British homes.
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Business & money: City gripped by speculation that a major high street bank has been forced to borrow Â£1.6bn from the Bank of England to see it through a cash-flow problem.
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Business & money: Stakes raised in battle for control of ABN Amro as Royal Bank of Scotland-led consortium trumps Barclays' offer for Dutch bank.
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Debt forces administration and layoffs Jem Telecom, a Leicestershire reseller specialising in Blackberrys, has been forced into administration by an outstanding debt from Orange, apparently linked to the network operator's investigation into payments to their channel partners.â¦
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UK telecoms giant BT offers to open its network to rivals and cut prices in an effort to head off a possible break-up.
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BT must work harder to open up its network to rivals in order to aid uptake of broadband internet access or risk a possible investigation by the UK Competition Commission, the UK communications regulator has warned.
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Two days left to opt out of new 12-month agreement BT customers with Business PSTN lines will find their contract upgraded to include BT Business Line Divert come Thursday - but will find that upgrade locks them into a 12-month repeating contract unless they opt out before it kicks in.â¦
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LONDON: Britainâs BT Group is hoping to make a dramatic return to the US with a $1bn acquisition of Californian telecoms group Infonet Services, the Sunday Times reported.