BT ‘considering low-cost mobile brand’ as Revolut and Monzo plan launches

<p>Move into budget market could involve creating new brand in-house or buying virtual network operator</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/oct/28/uk-productivity-downgrade-tax-rise-speculation-reeves-hsbc-pharma-business-live">Business live – latest updates</a></p></li></ul><p>BT is reportedly considering the launch of new a low-cost mobile brand, as the telecoms group explores ways to compete with new rivals in the market including the <a href="https://www.theguardian.com/money/2025/aug/18/monzo-plans-to-launch-uk-mobile-phone-service">fintech companies Revolut and Monzo.</a></p><p>The group is exploring options to enter the budget market, which could involve creating a new brand in-house or buying an existing virtual network operator, <a href="https://www.ft.com/content/05f2f64c-0e20-4268-8cba-dadf08940bf2">according to the Financial Times.</a></p> <a href="https://www.theguardian.com/business/2025/oct/28/bt-low-cost-mobile-brand-revolut-monzo">Continue reading...</a>