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Last week in telecoms: Inmarsat approached for a takeover and BT is up for a CEO change
2018-06-10 22:30:00| Telecompaper Headlines
(Telecompaper) Last week's strongest stocks in the European telecoms sector included satellite firm Inmarsat, subject of a takeover rumour, and Romanian challenger Digi, launching a share buy-back program. Quite a few stocks in our basket have attracted bids: TDC, Com Hem, CityFibre, Sky - and no doubt more will follow. The sector and the market i.c. the EuroStoxx 50 index ended week 23 down slightly, though (-0.2%).
Verizon names Vestberg as successor to CEO McAdam
2018-06-08 14:27:00| Telecompaper Headlines
(Telecompaper) Verizon Communications has announced the appointment of a new CEO from 1 August. Hans Vestberg, currently head of Global Networks and the company's CTO, will succeed Lowell McAdam, who will serve as executive chairman of the board until he retires at the end of the year. After that, he will become a non-executive chairman.
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Remy Cointreau CEO joins Pernod Ricard in hailing China Cognac health
2018-06-08 13:36:00| Daily beverage news and comment - from just-drinks.com
The head of Remy Cointreau has added her own weight to bullish industry sentiment on China's Cognac category, saying she expects strong growth for the category in the country over the coming year.
Patterson to step down as BT Group CEO later in 2018
2018-06-08 09:04:00| Telecompaper Headlines
(Telecompaper) BT Group announced that Gavin Patterson will step down as CEO later in 2018, with a search to find his successor already launched by the Board. BT Chairman Jan du Plessis said the Board was fully supportive of the recent strategy laid by out by Patterson, but said the reaction to recent announcements showed there was need for a change in leadership to deliver this strategy.
BT begins search for new CEO as Gavin Patterson steps aside
2018-06-08 02:00:00| Total Telecom industry news
BT's CEO Gavin Patterson is to step down from his role later this year, following a meeting with the company chairman, Jan du Plessis. Speaking of Patterson's stewardship, du Plessis said that the time had come for the company to make a change. “The broader reaction to our recent results announcement has ... demonstrated to Gavin and me that there is a need for a change of leadership to deliver this strategy…read more on TotalTele.com »
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