News

The strongest-ever quarterly earnings from the UK’s largest mobile phone group, Everything Everywhere, today boosted the chances of its £10 billion flotation on the London stock market taking place by the end of this year.

British Aerospace aiming to sell part of pounds 630m stake in Orange

British Aerospace is seeking to sell part of its pounds 630m stake in Orange, the UK's third largest mobile phone network.

Money: A mobile is not just for Christmas ...

Mobile phones are great Christmas gifts for people you don't like. Buy one for as little as pounds 10, and the recipient pays up to pounds 300 a year in line rental charges before making any calls. The mobile phone networks are starting to recognise that not everyone welcomes a present where they pay for most of it. Instead, most operators now offer a deal with a handset, up to a year's airtime and a limited number of "free" calls for one inclusive price of pounds 100-plus.

Orange raises pounds 1.75bn for foreign spending spree

Orange, the newest of the UK's four mobile phone networks, has raised pounds 1.75bn from its bankers to fund a foreign spending spree. Chris Godsmark, Business Correspondent, outlines the company's expansion plans.

Shares in France Telecom to be priced at top end

Shares in France Telecom

Cable & Wireless seeks link with US telephones giant

Cable & Wireless has renewed its interest in forging an alliance with a US telephones giant, just as British Telecom's hopes of merging with MCI have fallen flat.

France Telecom flotation could raise up to pounds 4.4bn

The flotation of part of France Telecom, the state-owned telephones giant, could raise Fr40bn (pounds 4.4bn) for the French government, the finance ministry revealed yesterday.

Orange pips rivals with savage cost cuts

Orange, the UK's fastest-growing mobile phone network, will today unveil a bid to revolutionise the market for international phone calls, by slashing the cost of all its overseas calls to a price 20 per cent below British Telecom's.

Monetary union looms. Give us details, Mr Blair

While the Tories under William Hague seem to be in a muddle on most matters, Labour continues to draw away, leaving a comfortable gap between themselves and the rest of the pack.

France to sell 20% of Telecom

The French government yesterday reactivated the sale of a stake in France Telecom, the huge state-owned phone company, in a move which could raise more than Ffr90bn (pounds 9.4bn) and would cement closer ties with the group's partner, Deutsche Telekom.

Orange to double advertising budget to stay ahead of competitors

Orange, the newest of the UK's mobile phone networks, is planning to double its advertising spending. Its first fully fledged assault on the business market starts today.

Union anger over France Telecom plan

A government-commissioned report on the partial sell-off of France Telecom has recommended that a third of the state-owned telecoms group be opened up to outside investors. The recommendation is a compromise between the former conservative administration's planned privatisation and the Socialist's manifesto pledge to halt the sale of state-run assets.

Sema throws its weight around

Sema, the Anglo-French information technology group, always had the air of a heavyweight, even when it was a fraction of its current size.

Blanc threatens to quit - again

Fresh turmoil engulfed the industrial policy of the new French socialist government yesterday after Christian Blanc, chairman of Air France, threatened to resign if the airline's privatisation was abandoned.

A Villin brings some French charm to BZW

People & Business

Orange's pounds 800m plan for new services aims to 'leapfrog' rivals

Orange, the UK's newest mobile phone network, yesterday unveiled ambitious plans to double its investment programme, spending an extra pounds 400m through next year to improve signal coverage.
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