PARIS: BT Group has joined forces with Broadpeak®, a global leader in content delivery network (CDN) and video streaming solutions, to unveil a pioneering live video streaming service. This new venture is set to redefine the standards of live broadcasting with the introduction of the Multicast-Assisted Unicast Delivery (MAUD) solution, powered by Broadpeak’s cutting-edge nanoCDN™…
All posts tagged BT Group
BT Group sells BT Tower to MCR Hotels for £275 million
LONDON, UK: BT Group has agreed to the sale of the BT Tower for £275 million to MCR Hotels, who plan to preserve BT Tower as an iconic hotel, securing its place as a London landmark for the future. As the UK heads rapidly into an all-digital future, a number of network operations that were…
BT Group will axe 55,000 jobs by 2030
BT Group, Britain’s biggest broadband and mobile provider, has announced plans to axe 55,000 jobs by the end of the decade in order to become a leaner business. The announcement came after it met market expectations with a 5 per cent rise in full-year adjusted core earnings of £7.9billion, after growth in networks and consumer…
BT Group negotiating with Discovery to create new sports joint venture
LONDON, UK: Following a detailed process to identify the best way to generate investment and strengthen sports business, BT Group entered exclusive discussions with Discovery Inc. on a deal to create a new sport and entertainment offering for customers in the UK. The new business would be a 50/50 joint venture, bringing together BT Sport…
Adam Crozier appointed Chairman of BT Group
LONDON, UK: BT Group plc announced that Adam Crozier will succeed Jan du Plessis as Chairman. Adam will join the Board as an independent non-executive director and Chairman Designate with effect from 1 November 2021 and will become Chairman with effect from 1 December 2021 when Jan will retire from the BT Board. Adam is an experienced chairman with…
Rob Shuter appointed CEO of BT Group’s Enterprise unit
LONDON: BT Group announced the appointment of Rob Shuter as CEO of its Enterprise unit and as a member of BT’s Executive Committee. Rob is expected to join by the end of the 2020/21 financial year. Rob is currently Group President and CEO at MTN Group, Africa’s leading mobile telecommunications company with 250 million customers…