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</div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="a160dccd-a946-4238-aba5-e6649a587296" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="a160dccd-a946-4238-aba5-e6649a587296"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/europe" aria-label="Category: Europe">Europe</a></div><div class="o-teaser__heading"><a href="/content/a160dccd-a946-4238-aba5-e6649a587296" data-trackable="heading-link" class="js-teaser-heading-link">Germany and Finland ‘deeply concerned’ about severed undersea cable</a></div><p class="o-teaser__standfirst"><a href="/content/a160dccd-a946-4238-aba5-e6649a587296" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Foreign ministers do not rule out sabotage as part of Russia’s ‘hybrid warfare’</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" 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data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-13T05:01:01.812Z">Wednesday, 13 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="4307c389-f8b1-42f4-9623-256264b2c611" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="4307c389-f8b1-42f4-9623-256264b2c611"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">FT Collections</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/content/6f4d5d4a-01ef-4ed5-a342-5b864d23e945" aria-label="Category: Reinvention Champions 2024">Reinvention Champions 2024</a></div><div class="o-teaser__heading"><a href="/content/4307c389-f8b1-42f4-9623-256264b2c611" data-trackable="heading-link" class="js-teaser-heading-link">Cailabs sees the light on transmitting big data from space</a></div><p class="o-teaser__standfirst"><a href="/content/4307c389-f8b1-42f4-9623-256264b2c611" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">French business started out in telecoms — until a client suggested a switch to optical communications</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="4307c389-f8b1-42f4-9623-256264b2c611" data-myft-ui="saved" action="/myft/save/4307c389-f8b1-42f4-9623-256264b2c611" data-js-action="/__myft/api/core/saved/content/4307c389-f8b1-42f4-9623-256264b2c611?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Cailabs sees the light on transmitting big data 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alt="Aerial view of a modern red-roofed industrial building with large glass windows, an observatory dome on one side, and a smaller pavilion nearby. The surrounding area includes green lawns, a parking lot, and neighboring buildings"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-12T18:02:12.424Z">Tuesday, 12 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="240a2c86-9761-4da8-9fb8-bc823fd7bf59" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="240a2c86-9761-4da8-9fb8-bc823fd7bf59"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Lex</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/cab4b7dc-d177-4173-8afc-21da673e2369" aria-label="Category: Vodafone Group PLC">Vodafone Group PLC</a></div><div class="o-teaser__heading"><a href="/content/240a2c86-9761-4da8-9fb8-bc823fd7bf59" data-trackable="heading-link" class="js-teaser-heading-link">Vodafone may yet be worth hanging on for </a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/240a2c86-9761-4da8-9fb8-bc823fd7bf59" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Turnaround signal distorted by interventions from politicians and regulators in Germany and the UK</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="240a2c86-9761-4da8-9fb8-bc823fd7bf59" data-myft-ui="saved" action="/myft/save/240a2c86-9761-4da8-9fb8-bc823fd7bf59" data-js-action="/__myft/api/core/saved/content/240a2c86-9761-4da8-9fb8-bc823fd7bf59?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" 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class="o-teaser__image-placeholder" style="padding-bottom:56.2636%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff0ff4513-9b83-47e4-821e-194f2b2f593a.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A woman walks past a Vodafone store"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-12T10:25:37.918Z">Tuesday, 12 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="a7d94dd5-8d07-4ce2-a8a7-1b86cd7788be" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="a7d94dd5-8d07-4ce2-a8a7-1b86cd7788be"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/cab4b7dc-d177-4173-8afc-21da673e2369" aria-label="Category: Vodafone Group PLC">Vodafone Group PLC</a></div><div class="o-teaser__heading"><a href="/content/a7d94dd5-8d07-4ce2-a8a7-1b86cd7788be" data-trackable="heading-link" class="js-teaser-heading-link">Vodafone’s revenue drops in Germany</a></div><p class="o-teaser__standfirst"><a href="/content/a7d94dd5-8d07-4ce2-a8a7-1b86cd7788be" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">UK telecoms group hit by law changes over bundling TV with rent in its biggest market</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="a7d94dd5-8d07-4ce2-a8a7-1b86cd7788be" data-myft-ui="saved" action="/myft/save/a7d94dd5-8d07-4ce2-a8a7-1b86cd7788be" data-js-action="/__myft/api/core/saved/content/a7d94dd5-8d07-4ce2-a8a7-1b86cd7788be?method=put" data-myft-ui-save-config=""> 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aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2365%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Face55371-28d3-48dc-91d7-81d88ca6f247.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A pedestrian walks past a Vodafone mobile store in London, with promotional signage for the iPhone 16 Pro visible in the window"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=top;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" 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class="js-teaser-heading-link">Verizon-Frontier deal goes to the wire as investors demand higher price</a></div><p class="o-teaser__standfirst"><a href="/content/79d633b9-e9b8-451d-bc86-d8d2d658c6aa" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Telecoms group offered rich premium in $20bn deal but some shareholders may hold out for more </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="79d633b9-e9b8-451d-bc86-d8d2d658c6aa" data-myft-ui="saved" action="/myft/save/79d633b9-e9b8-451d-bc86-d8d2d658c6aa" data-js-action="/__myft/api/core/saved/content/79d633b9-e9b8-451d-bc86-d8d2d658c6aa?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F07ebb2bd-7394-480f-8c6b-d5786519b1a2.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Exterior of Frontier’s headquarters"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-05T12:37:43.445Z">Tuesday, 5 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="e263b847-a9d0-445e-b0fd-edf9327307bd" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="e263b847-a9d0-445e-b0fd-edf9327307bd"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Lex</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/85dd52bb-d10c-43ed-9a3e-828846119188" aria-label="Category: BT Group Plc">BT Group Plc</a></div><div class="o-teaser__heading"><a href="/content/e263b847-a9d0-445e-b0fd-edf9327307bd" data-trackable="heading-link" class="js-teaser-heading-link">Simplifying BT is a tough ask for boss Kirkby </a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/e263b847-a9d0-445e-b0fd-edf9327307bd" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Chief’s dilemma is that it is easier to earmark disposals than to snuffle out buyers</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="e263b847-a9d0-445e-b0fd-edf9327307bd" data-myft-ui="saved" action="/myft/save/e263b847-a9d0-445e-b0fd-edf9327307bd" data-js-action="/__myft/api/core/saved/content/e263b847-a9d0-445e-b0fd-edf9327307bd?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Simplifying BT is a tough ask for boss Kirkby to myFT for later" aria-label="Save Simplifying BT is a tough ask for boss Kirkby to myFT for later" data-alternate-label="Simplifying BT is a tough ask for boss Kirkby is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="e263b847-a9d0-445e-b0fd-edf9327307bd" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/e263b847-a9d0-445e-b0fd-edf9327307bd" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2533%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F9ea16cf0-f1de-4dff-a7b4-02eafe03a471.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="BT chief Allison Kirkby"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-05T08:35:53.045Z">Tuesday, 5 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="4a0d6b25-1711-4171-b4e6-a3656b04543f" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="4a0d6b25-1711-4171-b4e6-a3656b04543f"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/4a0d6b25-1711-4171-b4e6-a3656b04543f" data-trackable="heading-link" class="js-teaser-heading-link">UK regulator paves way for £16.5bn Vodafone-Three merger</a></div><p class="o-teaser__standfirst"><a href="/content/4a0d6b25-1711-4171-b4e6-a3656b04543f" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">CMA signals support for deal as long as companies commit to delivering joint network plan and retaining certain mobile tariffs</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="4a0d6b25-1711-4171-b4e6-a3656b04543f" data-myft-ui="saved" action="/myft/save/4a0d6b25-1711-4171-b4e6-a3656b04543f" 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</span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/4a0d6b25-1711-4171-b4e6-a3656b04543f" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd3cf380d-637c-4634-942c-df6f45b87d41.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A Vodafone logo displayed on the bright red window of a store in Barcelona, Spain. In the foreground, two people are looking at their phones"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-10-27T05:00:41.515Z">Sunday, 27 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="6fe5e337-18dc-4a32-8e6e-e759a977b490" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="6fe5e337-18dc-4a32-8e6e-e759a977b490"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/85dd52bb-d10c-43ed-9a3e-828846119188" aria-label="Category: BT Group Plc">BT Group Plc</a></div><div class="o-teaser__heading"><a href="/content/6fe5e337-18dc-4a32-8e6e-e759a977b490" data-trackable="heading-link" class="js-teaser-heading-link">BT explores sale of Radianz unit as part of overhaul </a></div><p class="o-teaser__standfirst"><a href="/content/6fe5e337-18dc-4a32-8e6e-e759a977b490" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">UK telecoms group is working with Citigroup on possible disposal </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="6fe5e337-18dc-4a32-8e6e-e759a977b490" data-myft-ui="saved" action="/myft/save/6fe5e337-18dc-4a32-8e6e-e759a977b490" data-js-action="/__myft/api/core/saved/content/6fe5e337-18dc-4a32-8e6e-e759a977b490?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F77eb99f5-4a76-42ee-b20f-5947420e51c0.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="BT Group sign"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-teaser o-teaser--native-ad o-teaser--small o-teaser--stream-card" data-o-ads-name="PartnerContent--horizontal" data-o-ads-targeting="pos=native;format=horizontal" data-o-ads-formats="PartnerContent" data-o-ads-component="slot" ></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-10-22T10:00:15.068Z">Tuesday, 22 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="f16d57d6-a811-4605-8236-4a140e5598bb" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="f16d57d6-a811-4605-8236-4a140e5598bb"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/mergers-acquisitions" aria-label="Category: Mergers & Acquisitions">Mergers & Acquisitions</a></div><div class="o-teaser__heading"><a href="/content/f16d57d6-a811-4605-8236-4a140e5598bb" data-trackable="heading-link" class="js-teaser-heading-link">Debt impasse threatens $23bn bid to build satellite rival to Netflix</a></div><p class="o-teaser__standfirst"><a href="/content/f16d57d6-a811-4605-8236-4a140e5598bb" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">New correspondence between DirecTV and Dish creditors shows the two are stuck at an impasse</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="f16d57d6-a811-4605-8236-4a140e5598bb" data-myft-ui="saved" action="/myft/save/f16d57d6-a811-4605-8236-4a140e5598bb" data-js-action="/__myft/api/core/saved/content/f16d57d6-a811-4605-8236-4a140e5598bb?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Debt impasse threatens $23bn bid to build satellite rival to Netflix to myFT for later" aria-label="Save Debt impasse threatens $23bn bid to build satellite rival to Netflix to myFT for later" data-alternate-label="Debt impasse threatens $23bn bid to build satellite rival to Netflix is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="f16d57d6-a811-4605-8236-4a140e5598bb" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/f16d57d6-a811-4605-8236-4a140e5598bb" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2555%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff4b395e2-67e1-4cbb-a894-9fa8bd9b4c83.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A DirecTV satellite dish on the roof of a home"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-10-20T12:58:40.337Z">Sunday, 20 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5416645e-c618-42eb-9cff-660f338006b3" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5416645e-c618-42eb-9cff-660f338006b3"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/2d2dc7f7-f29f-4be6-ab3c-de7319bb59e8" aria-label="Category: Sky Group">Sky Group</a></div><div class="o-teaser__heading"><a href="/content/5416645e-c618-42eb-9cff-660f338006b3" data-trackable="heading-link" class="js-teaser-heading-link">Sky’s annual losses double after sports and filming push </a></div><p class="o-teaser__standfirst"><a href="/content/5416645e-c618-42eb-9cff-660f338006b3" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Media and telecoms group bets on sporting coverage to give it competitive edge </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5416645e-c618-42eb-9cff-660f338006b3" data-myft-ui="saved" action="/myft/save/5416645e-c618-42eb-9cff-660f338006b3" data-js-action="/__myft/api/core/saved/content/5416645e-c618-42eb-9cff-660f338006b3?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Sky’s annual losses double after sports and filming push to myFT for later" aria-label="Save Sky’s annual losses double after sports and filming push to myFT for later" 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</div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-10-16T09:02:18.572Z">Wednesday, 16 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="037e6987-fc30-402c-a291-66b62fc0dc97" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="037e6987-fc30-402c-a291-66b62fc0dc97"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/reports/satellite-communications" aria-label="Category: Satellites">Satellites</a></div><div class="o-teaser__heading"><a href="/content/037e6987-fc30-402c-a291-66b62fc0dc97" data-trackable="heading-link" class="js-teaser-heading-link">Elon Musk battles Indian billionaires over satellite internet spectrum</a></div><p class="o-teaser__standfirst"><a href="/content/037e6987-fc30-402c-a291-66b62fc0dc97" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Starlink head in spat with owners of Reliance Jio and Bharti Airtel mobile networks who have called for space bandwidth auctions</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="037e6987-fc30-402c-a291-66b62fc0dc97" data-myft-ui="saved" 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data-content-id="037e6987-fc30-402c-a291-66b62fc0dc97" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/037e6987-fc30-402c-a291-66b62fc0dc97" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fac126566-72d2-4e15-86ef-a8e615953a76.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Elon Musk, second from left, at a ceremony to launch Starlink service on Indonesia’s resort island of Bali in May 2024"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-10-01T05:30:35.582Z">Tuesday, 1 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5c43fd2e-7d13-4c21-ad30-9084179346f8" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="5c43fd2e-7d13-4c21-ad30-9084179346f8"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Unhedged</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/robert-armstrong" aria-label="Category: Robert Armstrong">Robert Armstrong</a></div><div class="o-teaser__heading"><a href="/content/5c43fd2e-7d13-4c21-ad30-9084179346f8" data-trackable="heading-link" class="js-teaser-heading-link">The AT&T-DirecTV mistake</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/5c43fd2e-7d13-4c21-ad30-9084179346f8" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">How a $67bn deal went wrong</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5c43fd2e-7d13-4c21-ad30-9084179346f8" data-myft-ui="saved" action="/myft/save/5c43fd2e-7d13-4c21-ad30-9084179346f8" data-js-action="/__myft/api/core/saved/content/5c43fd2e-7d13-4c21-ad30-9084179346f8?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save The AT&T-DirecTV mistake to myFT for later" aria-label="Save The AT&T-DirecTV mistake to 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data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-30T21:09:55.759Z">Monday, 30 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="c0dfbf2f-521a-4592-913b-8d032eb9d4ce" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="c0dfbf2f-521a-4592-913b-8d032eb9d4ce"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/streaming-services" aria-label="Category: Streaming services">Streaming services</a></div><div class="o-teaser__heading"><a href="/content/c0dfbf2f-521a-4592-913b-8d032eb9d4ce" data-trackable="heading-link" class="js-teaser-heading-link">TPG bets it can build a streaming disrupter from satellite TV’s decline</a></div><p class="o-teaser__standfirst"><a href="/content/c0dfbf2f-521a-4592-913b-8d032eb9d4ce" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Private equity group’s DirecTV and Dish deals are about creating a budget rival to Netflix and Apple</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="c0dfbf2f-521a-4592-913b-8d032eb9d4ce" data-myft-ui="saved" action="/myft/save/c0dfbf2f-521a-4592-913b-8d032eb9d4ce" data-js-action="/__myft/api/core/saved/content/c0dfbf2f-521a-4592-913b-8d032eb9d4ce?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save TPG bets it can 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F225ed7dc-4e0f-4c97-a1b8-1afe92db6244.jpg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-30T17:09:58.976Z">Monday, 30 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="eabf9a49-e246-48b1-b29b-0582f83be889" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="eabf9a49-e246-48b1-b29b-0582f83be889"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Lex</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/mergers-acquisitions" aria-label="Category: Mergers & Acquisitions">Mergers & Acquisitions</a></div><div class="o-teaser__heading"><a href="/content/eabf9a49-e246-48b1-b29b-0582f83be889" data-trackable="heading-link" class="js-teaser-heading-link">TPG takes on pay-TV bondholders to ride to Ergen’s rescue</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/eabf9a49-e246-48b1-b29b-0582f83be889" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Private equity firm leads rescue deal to keep EchoStar afloat</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="eabf9a49-e246-48b1-b29b-0582f83be889" data-myft-ui="saved" action="/myft/save/eabf9a49-e246-48b1-b29b-0582f83be889" 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</span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/eabf9a49-e246-48b1-b29b-0582f83be889" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fffc74397-473c-4e38-8302-c6604d968246.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="TPG’s satellite TV provider, DirecTV, will acquire its arch-rival Dish Network from EchoStar"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-30T13:18:42.999Z">Monday, 30 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="14496d6d-37b3-4b5b-93ee-70c0ef0baddc" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="14496d6d-37b3-4b5b-93ee-70c0ef0baddc"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/14496d6d-37b3-4b5b-93ee-70c0ef0baddc" data-trackable="heading-link" class="js-teaser-heading-link">Vodafone and Three offer UK regulator new concessions on £16.5bn merger</a></div><p class="o-teaser__standfirst"><a href="/content/14496d6d-37b3-4b5b-93ee-70c0ef0baddc" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Companies say they will keep £10-a-month package for ‘value-focused’ customers in effort to win CMA’s approval for tie-up </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="14496d6d-37b3-4b5b-93ee-70c0ef0baddc" data-myft-ui="saved" 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advert--instream" data-o-ads-targeting="pos=mid1;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-27T04:00:06.086Z">Friday, 27 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="ac7702c8-238f-4656-bd26-a2ba445af971" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="ac7702c8-238f-4656-bd26-a2ba445af971"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/the-big-read" aria-label="Category: The Big Read">The Big Read</a></div><div class="o-teaser__heading"><a href="/content/ac7702c8-238f-4656-bd26-a2ba445af971" data-trackable="heading-link" class="js-teaser-heading-link">The satellite spectrum battle that could shape the new space economy </a></div><p class="o-teaser__standfirst"><a href="/content/ac7702c8-238f-4656-bd26-a2ba445af971" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Elon Musk’s SpaceX is pushing to loosen power limits on transmissions in low Earth orbit, a move that some fear could give upstart US operators more power</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="ac7702c8-238f-4656-bd26-a2ba445af971" data-myft-ui="saved" action="/myft/save/ac7702c8-238f-4656-bd26-a2ba445af971" data-js-action="/__myft/api/core/saved/content/ac7702c8-238f-4656-bd26-a2ba445af971?method=put" data-myft-ui-save-config=""> <input 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href="/content/ac7702c8-238f-4656-bd26-a2ba445af971" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F36a4aebc-bf6f-4445-a549-8e5810af1949.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="An infographic-like image with a rocket launch in the background, surrounded by multiple satellites in orbit. The satellites are arranged in a radial formation, with light beams representing communication signals from satellite dishes on the ground. A pair of red and blue satellites on the right stand out from the rest"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-23T04:00:08.347Z">Monday, 23 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="f61e2375-3d66-426a-8549-d4cadebb8156" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="f61e2375-3d66-426a-8549-d4cadebb8156"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/4fed9e03-5ce1-460c-8da4-1730005aa7a0" aria-label="Category: Eutelsat SA">Eutelsat SA</a></div><div class="o-teaser__heading"><a href="/content/f61e2375-3d66-426a-8549-d4cadebb8156" data-trackable="heading-link" class="js-teaser-heading-link">Eutelsat explores partnerships to fund Europe’s space-based network</a></div><p class="o-teaser__standfirst"><a href="/content/f61e2375-3d66-426a-8549-d4cadebb8156" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Chief executive says new partners needed if EU constellation project fails to reach agreement </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="f61e2375-3d66-426a-8549-d4cadebb8156" data-myft-ui="saved" action="/myft/save/f61e2375-3d66-426a-8549-d4cadebb8156" data-js-action="/__myft/api/core/saved/content/f61e2375-3d66-426a-8549-d4cadebb8156?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff274ddc7-a43a-44b4-85f1-367587dfb225.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="OneWeb satellite"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-20T10:00:39.995Z">Friday, 20 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="23f2ebbc-9d6e-49c1-ba77-3f3e557251b3" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="23f2ebbc-9d6e-49c1-ba77-3f3e557251b3"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/3eca149d-e454-4e0f-b452-1cad47f97882" aria-label="Category: Space Exploration Technologies Corp">Space Exploration Technologies Corp</a></div><div class="o-teaser__heading"><a href="/content/23f2ebbc-9d6e-49c1-ba77-3f3e557251b3" data-trackable="heading-link" class="js-teaser-heading-link">Elon Musk’s Starlink faces legal jeopardy in Brazil after X ban</a></div><p class="o-teaser__standfirst"><a href="/content/23f2ebbc-9d6e-49c1-ba77-3f3e557251b3" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Billionaire’s satellite service is considered vital in remote areas but is coming under new scrutiny in Latin American country</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="23f2ebbc-9d6e-49c1-ba77-3f3e557251b3" data-myft-ui="saved" action="/myft/save/23f2ebbc-9d6e-49c1-ba77-3f3e557251b3" data-js-action="/__myft/api/core/saved/content/23f2ebbc-9d6e-49c1-ba77-3f3e557251b3?method=put" 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js-teaser-image-container"><a href="/content/23f2ebbc-9d6e-49c1-ba77-3f3e557251b3" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fff31e731-2278-4e08-903f-c4a41c5dac89.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Montage of Elon Musk, Brazil flag, Starlink logo"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-13T06:27:12.173Z">Friday, 13 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="32f835ac-05ab-48d1-8f56-11abf1e51122" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="32f835ac-05ab-48d1-8f56-11abf1e51122"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/cab4b7dc-d177-4173-8afc-21da673e2369" aria-label="Category: Vodafone Group PLC">Vodafone Group PLC</a></div><div class="o-teaser__heading"><a href="/content/32f835ac-05ab-48d1-8f56-11abf1e51122" data-trackable="heading-link" class="js-teaser-heading-link">UK regulator demands changes to £16.5bn Vodafone-Three merger </a></div><p class="o-teaser__standfirst"><a href="/content/32f835ac-05ab-48d1-8f56-11abf1e51122" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Competition and Markets Authority says deal could lead to higher bills for tens of millions of customers</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="32f835ac-05ab-48d1-8f56-11abf1e51122" 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<span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/32f835ac-05ab-48d1-8f56-11abf1e51122" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2391%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F15def714-d3ad-43a9-89e8-a6120ce0d52c.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Pedestrians walk past a closed-down Vodafone store in central London"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-13T04:00:48.967Z">Friday, 13 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8c9e6400-3042-4387-b7b6-3be2408c88b9" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="8c9e6400-3042-4387-b7b6-3be2408c88b9"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/c07b658f-082a-447d-a88c-de4b0be9c081" aria-label="Category: Virgin Media O2">Virgin Media O2</a></div><div class="o-teaser__heading"><a href="/content/8c9e6400-3042-4387-b7b6-3be2408c88b9" data-trackable="heading-link" class="js-teaser-heading-link">Virgin Media O2 to sell stake in mobile towers business </a></div><p class="o-teaser__standfirst"><a href="/content/8c9e6400-3042-4387-b7b6-3be2408c88b9" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Deal for holding in Cornerstone joint venture comes as telecoms groups monetise infrastructure assets</a></p><div 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data-o-date-format="date-only" datetime="2024-09-12T15:05:44.681Z">Thursday, 12 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5f086aee-91b9-421a-9f32-c33e67b1af7f" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5f086aee-91b9-421a-9f32-c33e67b1af7f"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/e39c9284-b0db-45dd-a496-479b92dddb2b" aria-label="Category: Nokia">Nokia</a></div><div class="o-teaser__heading"><a href="/content/5f086aee-91b9-421a-9f32-c33e67b1af7f" data-trackable="heading-link" class="js-teaser-heading-link">Nokia seeks to replace CEO in bid to revive falling sales</a></div><p class="o-teaser__standfirst"><a href="/content/5f086aee-91b9-421a-9f32-c33e67b1af7f" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">The active search comes as Pekka Lundmark has failed to revive growth </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5f086aee-91b9-421a-9f32-c33e67b1af7f" data-myft-ui="saved" action="/myft/save/5f086aee-91b9-421a-9f32-c33e67b1af7f" data-js-action="/__myft/api/core/saved/content/5f086aee-91b9-421a-9f32-c33e67b1af7f?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Nokia seeks to replace CEO in bid to revive falling sales to myFT for later" aria-label="Save Nokia seeks to replace CEO in bid to revive falling sales to myFT for later" data-alternate-label="Nokia seeks to replace CEO in bid to revive falling sales is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="5f086aee-91b9-421a-9f32-c33e67b1af7f" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/5f086aee-91b9-421a-9f32-c33e67b1af7f" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2967%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb0d6f632-7ef1-411c-89b9-4d71c311de0d.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Nokia stand at an exhibition"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-12T00:00:30.885Z">Thursday, 12 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7739f67a-d604-48ec-aa69-92731d1a63d0" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="7739f67a-d604-48ec-aa69-92731d1a63d0"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/1afa0641-8bd3-47ff-abcf-44e72bec1bc8" aria-label="Category: Transsion Holdings">Transsion Holdings</a></div><div class="o-teaser__heading"><a href="/content/7739f67a-d604-48ec-aa69-92731d1a63d0" data-trackable="heading-link" class="js-teaser-heading-link">China’s smartphone ‘King of Africa’ hit by detention of finance chief</a></div><p class="o-teaser__standfirst"><a href="/content/7739f67a-d604-48ec-aa69-92731d1a63d0" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Shanghai-listed Transsion also facing growing competition in African market and legal challenges over intellectual property </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7739f67a-d604-48ec-aa69-92731d1a63d0" data-myft-ui="saved" action="/myft/save/7739f67a-d604-48ec-aa69-92731d1a63d0" data-js-action="/__myft/api/core/saved/content/7739f67a-d604-48ec-aa69-92731d1a63d0?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save China’s smartphone ‘King of Africa’ hit by detention of finance chief to myFT for later" aria-label="Save China’s smartphone ‘King of Africa’ hit by detention of finance chief to myFT for later" data-alternate-label="China’s smartphone ‘King of Africa’ hit by detention of finance chief is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="7739f67a-d604-48ec-aa69-92731d1a63d0" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/7739f67a-d604-48ec-aa69-92731d1a63d0" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F59d838ff-5f75-49a5-b9f5-adb8d132ba5a.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A person holds a Tecno phone in a mobile phone booth in Nigeria"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-05T17:03:27.450Z">Thursday, 5 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="d6c6c0df-9453-4386-a0a6-46ec0b882635" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="d6c6c0df-9453-4386-a0a6-46ec0b882635"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Lex</span></div><div class="o-teaser__heading"><a href="/content/d6c6c0df-9453-4386-a0a6-46ec0b882635" data-trackable="heading-link" class="js-teaser-heading-link">Verizon’s pricey high-fibre diet won’t suit telco investors</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/d6c6c0df-9453-4386-a0a6-46ec0b882635" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Acquisition part of sector’s push to converge phone, internet and television</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="d6c6c0df-9453-4386-a0a6-46ec0b882635" data-myft-ui="saved" action="/myft/save/d6c6c0df-9453-4386-a0a6-46ec0b882635" data-js-action="/__myft/api/core/saved/content/d6c6c0df-9453-4386-a0a6-46ec0b882635?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Verizon’s pricey high-fibre diet won’t suit telco investors to myFT for later" aria-label="Save Verizon’s pricey high-fibre diet won’t suit telco investors to myFT for later" data-alternate-label="Verizon’s pricey high-fibre diet won’t suit telco investors is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="d6c6c0df-9453-4386-a0a6-46ec0b882635" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/d6c6c0df-9453-4386-a0a6-46ec0b882635" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff577444c-19e0-4bdd-8b8f-18390781a7e0.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Frontier Communications headquarters in Dallas, Texas"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-05T12:00:26.206Z">Thursday, 5 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7b6f37f7-e55d-4be0-862c-acaae3802561" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="7b6f37f7-e55d-4be0-862c-acaae3802561"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/1d7dee26-2bd6-4281-9683-c66412c94e02" aria-label="Category: Verizon Communications Inc">Verizon Communications Inc</a></div><div class="o-teaser__heading"><a href="/content/7b6f37f7-e55d-4be0-862c-acaae3802561" data-trackable="heading-link" class="js-teaser-heading-link">Verizon to expand broadband reach with $20bn Frontier acquisition</a></div><p class="o-teaser__standfirst"><a href="/content/7b6f37f7-e55d-4be0-862c-acaae3802561" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">US telecoms group says deal will ‘significantly’ increase its fibre footprint ‘across the nation’</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7b6f37f7-e55d-4be0-862c-acaae3802561" data-myft-ui="saved" action="/myft/save/7b6f37f7-e55d-4be0-862c-acaae3802561" data-js-action="/__myft/api/core/saved/content/7b6f37f7-e55d-4be0-862c-acaae3802561?method=put" data-myft-ui-save-config=""> <input 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<form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="14d7b5fd-07d9-4ecf-84c3-c5f754f0e13b" action="/myft/add/14d7b5fd-07d9-4ecf-84c3-c5f754f0e13b" data-js-action="/__myft/api/core/followed/concept/14d7b5fd-07d9-4ecf-84c3-c5f754f0e13b?method=put" > <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Now following Property technology." data-unpressed-text="No longer following Property technology." ></div> <button aria-pressed="false" aria-label="Add to myFT: Property technology" title="Add Property technology to myFT" data-alternate-label="Added Property technology to myFT: click to remove" data-alternate-text="Property technology" class=" n-myft-follow-button n-myft-follow-button--inverse" data-concept-id="14d7b5fd-07d9-4ecf-84c3-c5f754f0e13b" data-trackable="follow" type="submit">Property technology</button> </form> </li> <li class="collection__concept"> <form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="6a112bc2-de49-4956-be12-c835b7eab4a6" action="/myft/add/6a112bc2-de49-4956-be12-c835b7eab4a6" data-js-action="/__myft/api/core/followed/concept/6a112bc2-de49-4956-be12-c835b7eab4a6?method=put" > <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Now following Big Tech." data-unpressed-text="No longer following Big Tech." ></div> <button aria-pressed="false" aria-label="Add to myFT: Big Tech" title="Add Big Tech to myFT" data-alternate-label="Added Big Tech to myFT: click to remove" data-alternate-text="Big Tech" class=" n-myft-follow-button n-myft-follow-button--inverse" data-concept-id="6a112bc2-de49-4956-be12-c835b7eab4a6" data-trackable="follow" type="submit">Big Tech</button> </form> </li> <li class="collection__concept"> <form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="84d2eabb-caee-4d2d-97dc-94c456e1682f" action="/myft/add/84d2eabb-caee-4d2d-97dc-94c456e1682f" data-js-action="/__myft/api/core/followed/concept/84d2eabb-caee-4d2d-97dc-94c456e1682f?method=put" > <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Now following Tech start-ups." data-unpressed-text="No longer following Tech start-ups." ></div> <button aria-pressed="false" aria-label="Add to myFT: Tech start-ups" title="Add Tech start-ups to myFT" data-alternate-label="Added Tech start-ups to myFT: click to remove" data-alternate-text="Tech start-ups" class=" n-myft-follow-button n-myft-follow-button--inverse" data-concept-id="84d2eabb-caee-4d2d-97dc-94c456e1682f" data-trackable="follow" type="submit">Tech start-ups</button> </form> </li> <li class="collection__concept"> <form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="f9c6d3fe-5e16-479c-b762-bccdeeb349fe" action="/myft/add/f9c6d3fe-5e16-479c-b762-bccdeeb349fe" data-js-action="/__myft/api/core/followed/concept/f9c6d3fe-5e16-479c-b762-bccdeeb349fe?method=put" > <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Now following Games industry." data-unpressed-text="No longer following Games industry." ></div> <button aria-pressed="false" aria-label="Add to myFT: Games industry" title="Add Games industry to myFT" data-alternate-label="Added Games industry to myFT: click to remove" data-alternate-text="Games industry" class=" n-myft-follow-button n-myft-follow-button--inverse" data-concept-id="f9c6d3fe-5e16-479c-b762-bccdeeb349fe" data-trackable="follow" type="submit">Games industry</button> </form> </li> <li class="collection__concept"> <form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="54a79fa5-b484-49cc-9919-7ccd50f2f7b8" action="/myft/add/54a79fa5-b484-49cc-9919-7ccd50f2f7b8" data-js-action="/__myft/api/core/followed/concept/54a79fa5-b484-49cc-9919-7ccd50f2f7b8?method=put" > <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Now following Telecoms." data-unpressed-text="No longer following Telecoms." ></div> <button aria-pressed="false" aria-label="Add to myFT: Telecoms" title="Add Telecoms to myFT" data-alternate-label="Added Telecoms to myFT: click to remove" data-alternate-text="Telecoms" class=" n-myft-follow-button n-myft-follow-button--inverse" data-concept-id="54a79fa5-b484-49cc-9919-7ccd50f2f7b8" data-trackable="follow" type="submit">Telecoms</button> </form> </li> <li class="collection__concept"> <form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="6b32f2c1-da43-4e19-80b9-8aef4ab640d7" action="/myft/add/6b32f2c1-da43-4e19-80b9-8aef4ab640d7" data-js-action="/__myft/api/core/followed/concept/6b32f2c1-da43-4e19-80b9-8aef4ab640d7?method=put" > <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Now following Technology sector." data-unpressed-text="No longer following Technology sector." ></div> <button aria-pressed="false" aria-label="Add to myFT: Technology sector" title="Add Technology sector to myFT" data-alternate-label="Added Technology sector to myFT: click to remove" data-alternate-text="Technology sector" class=" n-myft-follow-button n-myft-follow-button--inverse" data-concept-id="6b32f2c1-da43-4e19-80b9-8aef4ab640d7" data-trackable="follow" type="submit">Technology sector</button> </form> </li> <li class="collection__concept"> <form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="2b16bb33-5d9b-4e3b-bc49-88245a385d7d" action="/myft/add/2b16bb33-5d9b-4e3b-bc49-88245a385d7d" data-js-action="/__myft/api/core/followed/concept/2b16bb33-5d9b-4e3b-bc49-88245a385d7d?method=put" > <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Now following Neurotechnology." data-unpressed-text="No longer following Neurotechnology." ></div> <button aria-pressed="false" aria-label="Add to myFT: Neurotechnology" title="Add Neurotechnology to myFT" data-alternate-label="Added Neurotechnology to myFT: click to remove" data-alternate-text="Neurotechnology" class=" n-myft-follow-button n-myft-follow-button--inverse" data-concept-id="2b16bb33-5d9b-4e3b-bc49-88245a385d7d" data-trackable="follow" type="submit">Neurotechnology</button> </form> </li> <li class="collection__concept"> <form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="909907e7-99f8-4cda-9a10-add72bdd2a23" action="/myft/add/909907e7-99f8-4cda-9a10-add72bdd2a23" data-js-action="/__myft/api/core/followed/concept/909907e7-99f8-4cda-9a10-add72bdd2a23?method=put" > <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Now following UK Broadband." data-unpressed-text="No longer following UK Broadband." ></div> <button aria-pressed="false" aria-label="Add to myFT: UK Broadband" title="Add UK Broadband to myFT" data-alternate-label="Added UK Broadband to myFT: click to remove" data-alternate-text="UK Broadband" class=" n-myft-follow-button n-myft-follow-button--inverse" data-concept-id="909907e7-99f8-4cda-9a10-add72bdd2a23" data-trackable="follow" type="submit">UK Broadband</button> </form> </li> </ul> <div class="collection__meta"> <form method="POST" action="#" data-myft-ui="follow" data-concept-id="14d7b5fd-07d9-4ecf-84c3-c5f754f0e13b,6a112bc2-de49-4956-be12-c835b7eab4a6,84d2eabb-caee-4d2d-97dc-94c456e1682f,f9c6d3fe-5e16-479c-b762-bccdeeb349fe,54a79fa5-b484-49cc-9919-7ccd50f2f7b8,6b32f2c1-da43-4e19-80b9-8aef4ab640d7,2b16bb33-5d9b-4e3b-bc49-88245a385d7d,909907e7-99f8-4cda-9a10-add72bdd2a23" class="n-myft-ui n-myft-ui--follow n-ui-hide-core collection-follow-all"> <input type="hidden" name="directType" value="http://www.ft.com/ontology/Topic,http://www.ft.com/ontology/Topic,http://www.ft.com/ontology/Topic,http://www.ft.com/ontology/Topic,http://www.ft.com/ontology/Topic,http://www.ft.com/ontology/Topic,http://www.ft.com/ontology/Topic,http://www.ft.com/ontology/Topic" /> <input data-myft-csrf-token value="" type="hidden" name="token"> <input type="hidden" name="name" value="Property technology,Big Tech,Tech start-ups,Games industry,Telecoms,Technology sector,Neurotechnology,UK Broadband" /> <button type="submit" aria-pressed="false" class="collection-follow-all__button collection-follow-all__button--regular" data-trackable="follow all" data-concept-id="14d7b5fd-07d9-4ecf-84c3-c5f754f0e13b,6a112bc2-de49-4956-be12-c835b7eab4a6,84d2eabb-caee-4d2d-97dc-94c456e1682f,f9c6d3fe-5e16-479c-b762-bccdeeb349fe,54a79fa5-b484-49cc-9919-7ccd50f2f7b8,6b32f2c1-da43-4e19-80b9-8aef4ab640d7,2b16bb33-5d9b-4e3b-bc49-88245a385d7d,909907e7-99f8-4cda-9a10-add72bdd2a23" aria-label="Add all to myFT: Topics related to IT/Tech/Telecoms collection" data-alternate-label="Added: click to remove all topics in the Topics related to IT/Tech/Telecoms collection from my FT" data-alternate-text="Added" title="Add all topics in the Topics related to IT/Tech/Telecoms collection to my FT"> Add all to myFT </button> </form> </div> </section> </div> <div class="js-track-scroll-event"> <div class="o-teaser-collection o-teaser-collection--numbered" data-trackable="most-popular"> <h2 class="o-teaser-collection__heading 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o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-companies" data-trackable="US Companies">US Companies</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-politics-policy" data-trackable="US Politics & Policy">US Politics & Policy</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-presidential-election-2024" data-trackable="US Presidential Election 2024">US Presidential Election 2024</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/companies" data-trackable="Companies">Companies</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-3" data-trackable="sub-level-toggle | Companies">Show more Companies</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-3" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/energy" data-trackable="Energy">Energy</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/financials" data-trackable="Financials">Financials</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/health" data-trackable="Health">Health</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/industrials" data-trackable="Industrials">Industrials</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/media" data-trackable="Media">Media</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/professional-services" data-trackable="Professional Services">Professional Services</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/retail-consumer" data-trackable="Retail & Consumer">Retail & Consumer</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/technology-sector" data-trackable="Tech Sector">Tech Sector</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--selected o-header__drawer-menu-link--child" href="/telecoms" data-trackable="Telecoms" aria-label="Telecoms, current page" aria-current="page">Telecoms</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/transport" data-trackable="Transport">Transport</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/technology" data-trackable="Tech">Tech</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-4" data-trackable="sub-level-toggle | Tech">Show more Tech</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-4" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/artificial-intelligence" data-trackable="Artificial intelligence">Artificial intelligence</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/semiconductors" data-trackable="Semiconductors">Semiconductors</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/cyber-security" data-trackable="Cyber Security">Cyber Security</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/social-media" data-trackable="Social Media">Social Media</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/markets" data-trackable="Markets">Markets</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-5" data-trackable="sub-level-toggle | Markets">Show more Markets</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-5" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/alphaville" data-trackable="Alphaville">Alphaville</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://markets.ft.com/data" data-trackable="Markets Data">Markets Data</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/crypto" data-trackable="Crypto">Crypto</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/capital-markets" data-trackable="Capital Markets">Capital Markets</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/commodities" data-trackable="Commodities">Commodities</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/currencies" data-trackable="Currencies">Currencies</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/equities" data-trackable="Equities">Equities</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-wealth-management" data-trackable="Wealth Management">Wealth Management</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/moral-money" data-trackable="Moral Money">Moral Money</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://etf.ft.com" data-trackable="ETF Hub">ETF Hub</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/fund-management" data-trackable="Fund Management">Fund Management</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-trading-room" data-trackable="Trading">Trading</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/climate-capital" data-trackable="Climate">Climate</a></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/opinion" data-trackable="Opinion">Opinion</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-7" data-trackable="sub-level-toggle | Opinion">Show more Opinion</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-7" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/columnists" data-trackable="Columnists">Columnists</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-view" data-trackable="The FT View">The FT View</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/the-big-read" data-trackable="The Big Read">The Big Read</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/lex" data-trackable="Lex">Lex</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/obituaries" data-trackable="Obituaries">Obituaries</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/letters" data-trackable="Letters">Letters</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/lex" data-trackable="Lex">Lex</a></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/work-careers" data-trackable="Work & Careers">Work & Careers</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-9" data-trackable="sub-level-toggle | Work & Careers">Show more Work & Careers</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-9" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://rankings.ft.com/business-education" data-trackable="Business School Rankings">Business School Rankings</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-education" data-trackable="Business Education">Business Education</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://rankings.ft.com/incubator-accelerator-programmes-europe" data-trackable="Europe's Start-Up Hubs">Europe's Start-Up Hubs</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/entrepreneurship" data-trackable="Entrepreneurship">Entrepreneurship</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/recruitment" data-trackable="Recruitment">Recruitment</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-books" data-trackable="Business Books">Business Books</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-travel" data-trackable="Business Travel">Business Travel</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/working-it" data-trackable="Working It">Working It</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/life-arts" data-trackable="Life & Arts">Life & Arts</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-10" data-trackable="sub-level-toggle | Life & Arts">Show more Life & Arts</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-10" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/arts" data-trackable="Arts">Arts</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/books" data-trackable="Books">Books</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/food-drink" data-trackable="Food & Drink">Food & Drink</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/magazine" data-trackable="FT Magazine">FT Magazine</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/house-home" data-trackable="House & Home">House & Home</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/style" data-trackable="Style">Style</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/travel" data-trackable="Travel">Travel</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/globetrotter" data-trackable="FT Globetrotter">FT Globetrotter</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/personal-finance" data-trackable="Personal Finance">Personal Finance</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-11" data-trackable="sub-level-toggle | Personal Finance">Show more Personal Finance</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-11" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/mortgages" data-trackable="Property & Mortgages">Property & Mortgages</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/investments" data-trackable="Investments">Investments</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/pensions" data-trackable="Pensions">Pensions</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/tax" data-trackable="Tax">Tax</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/banking-savings" data-trackable="Banking & Savings">Banking & Savings</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/advice-comment" data-trackable="Advice & Comment">Advice & Comment</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/next-act" data-trackable="Next Act">Next Act</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/htsi" data-trackable="HTSI">HTSI</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/special-reports" data-trackable="Special Reports">Special Reports</a></li></ul><h2 id="ft-recommends" class="o-header__drawer-menu-item o-header__drawer-menu-item--heading">FT recommends</h2><ul aria-labelledby="ft-recommends" class="o-header__drawer-menu-list"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/alphaville" data-trackable="Alphaville">Alphaville</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/ft-edit" data-trackable="FT Edit">FT Edit</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/lunch-with-the-ft" data-trackable="Lunch with the FT">Lunch with the FT</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/globetrotter" data-trackable="FT Globetrotter">FT Globetrotter</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="https://www.ft.com/tech-asia" data-trackable="#techAsia">#techAsia</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/moral-money" data-trackable="Moral Money">Moral Money</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/visual-and-data-journalism" data-trackable="Visual and data journalism">Visual and data journalism</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/newsletters" data-trackable="Newsletters">Newsletters</a></li><li 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