telecoms

UK telecoms giant BT reported a 1% fall in first quarter revenue to £5.63 billion in the same period the firm started its roll-out of 5G services.

UK telco BT said it has agreed the sale of its global headquarters, BT Centre, on Newgate Street, London, to the Orion European Real Estate Fund V, managed by Orion Capital Managers, for £209.55 million.

UK telecoms giant BT said it plans to close down hundreds of office locations around the UK in it biggest ever consolidation of its real estate.

EE said it plans to launch its 5G network in the UK at the end of May, making it the first telco to switch on its 5G network in the country.

UK broadband disrupter Hyperoptic has appointed two new members to its executive team as it embarks on its ambitious growth plan.

Telecoms testing and analytics firm Spirent Communications, has reported a solid start to the year and a “robust” pipeline of orders in its first quarter trading update.

BT has announced the licensing of the company’s cyber security visual analytics technology, SATURN, to QiO Technologies, an advanced analytics and artificial intelligence software company.

UK mobile provider O2 today announced it will begin the rollout of its 5G network this year, with Belfast, Cardiff, Edinburgh and London being the first to benefit from the company’s 5G network.

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