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Yasemin Craggs Mersinoglu

Yasemin Craggs Mersinoglu

Telecom & Technology Correspondent at Financial Times

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Email address
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Influence score
23
Phone
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Location
United Kingdom
Languages
  • English
Covering topics
  • Society
  • Computers & Technology
  • Finance & Banking Services
  • Telecommunications
  • Business

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Recent Articles

ft.com

BT's CEO says she 'loves to squeeze' short sellers while unveiling £3bn of cost cuts - Financial ...

BT’s new chief executive Allison Kirkby said “I always love to squeeze the shorts . . . and prove them wrong” as she laid out her plans to turn around the UK telecoms group, sending shares up over 17 per cent. Kirkby made the remark after the Financial Times earlier this week revealed investors had placed a record £300mn bet against the FTSE 100 company. She announced on Thursday that BT would cut another £3bn of costs and increase its dividend, and added that having a new chief executive who h…
ft.com

Mexican billionaire Carlos Slim takes 3% stake in BT - Financial Times

Mexican billionaire Carlos Slim has taken a 3 per cent stake in BT after new chief executive Allison Kirkby unveiled her plans to turn around the UK telecoms group at its annual results last month.The FTSE 100 company on Wednesday announced the position — worth about £400mn — which was taken by three companies controlled by the family of the tycoon. Slim’s motive is unclear, but he joins other high-profile telecoms shareholders, including billionaire Patrick Drahi’s Altice and German group Deut…
ft.com

Auditor refuses to sign off accounts of Lycamobile UK - Financial T...

Auditors were unable to sign off the accounts of telecoms company Lycamobile UK, putting further pressure on the former Conservative party donor, which is also embroiled in a dispute with HM Revenue & Customs. PKF Littlejohn said it had “not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion” for the company’s financial statements for the year ended December 31 2022, according to filings from Companies House, including over the recoverability of a…
ft.com

AT&T data on ‘nearly all’ wireless customers accessed in hack

AT&T suffered a vast cyber security breach earlier this year, with hackers accessing the call and text message information of 110mn of the US telecoms company’s customers. Over 11 days in April, “threat actors” accessed and copied records of customer calls and texts from a period of several months in 2022 as well as on January 2 2023, AT&T said in a regulatory filing on Friday. The compromised data included files related to “nearly all” of its cellular customers, customers of mobile virtual ne…
ft.com

UK business calls for automatic recompense for broadband outages

Institute of Directors among those pushing Ofcom to make redress compulsory rather than on case-by-case basis
ft.com

UK government taps telecoms industry over boosting broadband in blo...

Department for Science, Innovation and Technology wants to know where barriers ‘can be mitigated or removed’
ft.com

Met police use of facial recognition in London surges

Force used the technology 117 times from January to August, up from 32 between 2020 and 2023
ft.com

Sage shares surge 19% as UK software group launches buyback

Financial software provider announces plan for £400mn share buyback and raises dividend
ft.com

UK mobile users had least reliable experience in G7 in 2024, data s...

Research highlights impact of poor network performance on consumers
ft.com

Telecoms groups forecast to reap $10bn windfall from recycled copper

Industry is decommissioning legacy lines as demand for metal expected to grow
ft.com

UK companies plan to invest in AI instead of hiring staff as costs ...

A new poll says 51% of business leaders aim to redirect investment this year