BT GROUP PLANS BUDGET MOBILE LAUNCH -The move is to fend off rising competition from financial technology firms like Revolut and Monzo
BT Group is reportedly planning to launch a new low-cost mobile brand to take on growing competition from fintech firms like Revolut and Monzo.
The telecoms giant is exploring options to enter the budget market, either by developing its own brand or acquiring an existing mobile operator.
It would mark a major strategy shift, as BT currently offers mobile services only through its premium EE brand.
The move comes as fintech firms expand into telecoms, with Revolut, Monzo, and Klarna all preparing to launch mobile services.
Analysts say the rise of these digital challengers is reshaping the UK mobile market — and BT’s next move could determine how traditional networks compete.
