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EE MVNO Lycamobile UK says it has been wrongly hit with a winding-up petition from HMRC and that the amounts claimed have already been paid. The company says a winding up order from HMRC was issued in error and is not connected with the recent ruling of a tribunal that it must pay £51 million
Three UK spent £17 million more than it earned after covering operating costs and investments,according to half-year figures for 2024. This is an improvement from the £112 million shortfall in early 2023. However revenue climbed nine per cent to £1.335 billion, up from £1.227 billion in the same period last year. The increase was driven
Currys is now selling devices from Dutch manufacturer Fairphone and will be selling the Fairphone 5 on a SIM-free basis for £619. Fairphone was founded in 2013 to produce smartphones that are environmentally friendly. The phones have a modular design, and components like the battery, screen, and camera can be replaced individually. Owners can buy
Leading MVNO Lebara has been sold to the European private equity firm Waterland Private Equity by its main existing owners, Alchemy and Triton Partners, who acquired the MVNO in 2020. The deal is subject to regulatory approvals. Waterland specializes in a “buy-and-build” strategy, acquiring and consolidating businesses. It was established in 1999 and has its
Indian investment company Bharti Global has taken a 24.5 percent stake in BT Group worth £4 billion by buying all the BT stock owned by Altice UK. Bharti Global is the key investment arm of India-based Bharti Enterprises, a conglomerate with interests in telecommunications, space, insurance, and other sectors. The company aims to leverage new
Swisscom Broadcast is deploying 300 of Nokia’s ‘Drones-as-a-Service’ networks across Switzerland to enable emergency response, handle perimeter protection, and conduct infrastructure inspections. The drones communicate over 4G or 5G networks. The drone-in-a-box as-a-service solution includes a Nokia drone, docking station, parachute, payload equipment such as a dual gimbal camera, software ground control station, and a
Olympic edition Galaxy Z Flip 6 phones gifted to around 17,000 Paris Olympic athletes have started appearing on eBay with asking prices up to $10,000. Samsung produced the Olympic edition for Paris24 athletes only. The phones have a gold finish with Olympic rings and come in a special leather case. They are not available to
Vodafone is now offering an alternative IoT service called Long Term Evolution for Machines (LTE-M). It is designed for IoT services not connected to mains electricity and only transmit small amounts of data, such as burglar alarms, wearable devices, and asset tracking. The technology is also known as LTE Cat-M1 and is optimised for indoor
Three UK has revised its pricing structure to show annual price increases outlined in “pounds and pence” determined by tiers based on the data allowance of each contract. Each year mobile customers will see the following increases depending on their data allowance. 4GB or less: £1 more a month, 5GB-99GB: £1.25 more a month, 100GB
The Competition and Markets Authority needs another three months to produce its findings on the proposed Vodafone and Three merger. The original period for the CMA’s report to be prepared and published was September 18. This has now been extended to December 7. Inquiry group chair Stuart McIntosh stated that this was because the Inquiry