Analysts warned that now that the European Central Bank had decided to use its veto on Greek bonds, a solution to the country’s debt crisis had to be found quickly.

A fall in Greek shares, sparked by the European Central Bank’s decision to stop accepting the country’s bonds, held back stock markets yesterday. A(...)

An EE logo on a shop in central London: BT had spent the last few weeks in exclusive talks with the owners of EE, Orange and Deutsche Telekom, about a deal. Photograph: Facundo Arrizabalaga/EPA

BT has finalised a deal to buy mobile operator EE for £12.5 billion (€16.67bn) and now faces a contested approval process to seal its status as Britai(...)

Volatile currency swings negatively impacted revenue at BT group’s Irish subsidiary to the tune of £6 million (€7.9 million), the company’s latest qua(...)

Hutchison Whampoa has agreed to buy Telefonica’s British mobile unit O2 for up to £10.25 billion

Li Ka-shing’s Hutchison Whampoa has agreed to buy Telefonica’s British mobile unit O2 for up to £10.25 billion, as Asia’s richest man makes his bolde(...)

Sky and Telefónica are said to have been talking since late 2014

Sky has approached Telefónica about a possible alliance with the Spanish telecoms group’s British mobile phone business, a move that would push the sa(...)

Traders said CRH was the most heavily traded stock on the Iseq

The Iseq nudged up by close to 1 per cent as, despite worries over Russia’s economy, a rally in energy shares sent US and European equities higher af(...)

“BT have done a fantastic job in the last five years,” a telecoms industry executive said about the group which was still on its knees in 2008 and 2009 with two major profit warnings

BT’s move to buy mobile operator EE is expected to put the former state-owned telecoms giant back in pole position as fixed line and mobile services c(...)

Vodafone is looking at options for the future of its British mobile business. Photograph: PA/PA Wire

Vodafone is looking at options for the future of its British mobile business, including the combination of a rival group, in reaction to the takeover (...)

Thomas Cook was the story of the day, slumping 17.7 per cent to 113.5 pence after chief executive Harriet Green, credited with reviving the business, was unexpectedly pushed out. Photograph: Suzanne Plunkett/Reuters

European equities closed unchanged at a two-month high after weaker travel and leisure stocks offset a rebound for mining companies. German sto(...)

BT said it was in preliminary talks for two companies and identified only Telefónica-owned O2 as a target. Photograph: Martin Divisek/Bloomberg
Companies named as BT targets

BT Group plc is in talks to buy Telefónica SA’s O2 unit or another mobile phone company to expand its wireless offering in the UK and complement its b(...)