Patrick Drahi’s Altice is now the largest shareholder in BT after it acquired 12.1% of the company, worth £2.2 billion.
BT has launched a next generation set-top box that adds support for Wi-Fi and High Dynamic Range (HDR) video support.
BT is establishing a new technology unit that will embrace AI and machine learning.
Rob Shuter has been appointed CEO of BT’s enterprise unit and as a member of the telco’s executive committee.
BT has told its shareholders to expect lower dividends as the telco announced it would not be paying a dividend for the first time since the turn of the century.
BT Sport and Samsung have delivered the UK’s first public live 8K sports broadcast. The two partnered for a screening of the UEFA Europa League match between Arsenal and Olympiacos Thursday evening.
BT is offering customers Amazon Prime Video free for six months as the streaming services makes its debut on the IPTV platform.
Plans by the opposition Labour Party to nationalise the provision of broadband by 2030 has caused turmoil in the telecoms sector.
BT has maintained its hold on European football coverage. The telco has made a clean sweep of the rights packages to the UEFA Champions League, UEFA Europa League and UEFA Europa Conference League until 2024 in a £400 million bid.
BT Sport is facing stiff competition to hold onto its exclusive Champions League rights with ITV and Sky both expected to table bids ahead of Monday’s deadline.