Africa & Middle East – Page 27
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PremiumVodafone Q1 FY21–22: ‘Phase two’ relaunched with M&A sweetener
Some hints of compromise with City overseers as Vodafone re-seeds post-pandemic, digital-led growth plan. New Chairman van Boxmeer appears to be lighting a fire under Group mindset and strategy. M&A talked up as a lever to help Vodafone in the push to revive growth. Another chunk of Vantage could ...
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PremiumVodafone Q1 FY21-22 Headlines: pandemic snags unwind, gradually
Group bounces out of pandemic slump, helped by lapping and increased business confidence. Cautious CEO warns of further “bumps in the road”. In Spain, another large-scale downsizing move made under cover of Digital Telco transformation, and as fodder for Group’s centralisation-led efficiency plans.
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M&AT-Systems offloads South African remnant
Deutsche Telekom’s enterprise unit wraps up SA exit after selling training and development provider. Continuation of T-Systems slimming drive
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Strategy & ChangeElsewhere in Vodafone Partner Markets: MTS acquires Factorin
Developments from around Vodafone’s softpower network. MTS acquires control of Factorin. SoftBank continues satellite broadband endeavours. Musical chairs at Tele2.
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Partnerships & AlliancesTelefónica expands into satIoT with Astrocast
Group flags testing of satIoT platform at Wayra hub in Germany. LEO venture expanding “reachability” of Group’s asset tracking systems into remote regions.
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PeopleSafaricom taps Guinness exec as Ethiopian CFO
Top finance and people hires confirmed as Safaricom Telecommunications Ethiopia plots build out. Startup operator aiming for 1,000-strong headcount to support 2022 launch.
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Strategy & ChangeEthiopian mobile: Tigray overshadows Safaricom-Voda market entry
Escalating conflict and humanitarian crisis spreads in northern region. Prime Minister Abiy Ahmed criticised for Tigray response, but undeterred on reform agenda and courting private investment. What is Safaricom-led OpCo getting into? Unrest brews challenging conditions, as US sanctions threaten OpCo funding. Vodafone keeps a low profile in Ethiopian ...
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Strategy & ChangeVodacom-owned XLink lays groundwork for new MD
Fleet-footed 2016 acquisition on the lookout for new leader. MD incumbent yet to reveal next step. Recent re-positioning sees provider embrace cloud and up focus on finance and retail markets.
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PremiumTelefónica Tech teams with STC for security services
Strategic collaboration agreement with Saudi operator. Move follows security tie-ups in Southeast Asia.
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Network & InfrastructureVodacom starts TowerCo separation sequence
Operator looking to install managing executive, and then fuller leadership team, to drive tower separation plans outlined in May. Plan to explore stake sale reiterated. Initial focus on biggest market South Africa.
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Venturing & InvestmentsAfrican energy startup borrows $100m for scale-out plan
Safaricom partner Circle Gas secures nine-figure loan to drive expansion in African (and potentially Asian) markets. Targets include Nigeria and neighbouring markets of Kenya and Tanzania, where startup is already present. Capital needed for investment-heavy distribution platform.
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PeopleVodacom Tanzania names Mdlalose CEO
Former Vodacom SA CFO takes the reins from Madrid-bound Hendi. Well-travelled Mdlalose looks to settle into Tanzanian challenge.
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PremiumVodafone people moves: Technology splits and board changes
Group board changes include Ahuja’s departure. Vodafone networks exec and TIP Chair Tenorio picks up Lime Micro chairmanship. Vodafone Spain continues leadership overhaul in Consumer, Enterprise, and Technology divisions.
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Venturing & InvestmentsIntel said to offload former DT investment Replay Technologies
One report suggests Verizon is buying part of Intel’s sports technology arm.
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Network & InfrastructureVodacom talks up Dialog network upgrade
OpCo “enjoying the benefits” from ST Engineering’s Newtec Dialog VSAT migration. Installation completed under lockdown, with remote support key.
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Public AffairsSafaricom split proposal all but quashed
Overwhelming majority of MPs choose not to engage in debate over Kenyan operator’s future structure. Controversial proposal does little to revive ghosts of the past.
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Strategy & ChangeSpaceMobile targets satellite status quo
AST SpaceMobile’s satellite tech represents break from past, says CEO. US space venture posts first results update since going public, as high-profile, iconoclastic startup edges closer to commercial get-go. Vodafone lends helping hand in satellite-to-cell compatibility tests. FCC opens gateway to domestic market.
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Network & InfrastructureVodafone Turkey makes next-gen network improvements
5G prep accelerated as Turkish OpCo “future-proofs” backbone network. 400Gbps-capable SuperCore solution deployed, but vendor partner(s) undisclosed. Telco continues march towards 2025 ambition.
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Partnerships & AlliancesTelecom Egypt to hold Vodafone to “strict” dividend deal
Executives of Vodafone’s Egyptian partner suggest new deal gives watertight dividend flow from their joint mobile business. Agreement creates path for Vodafone to do an internal switch of its Egyptian OpCo, following failed Saudi Telecom deal.
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Strategy & ChangeSafaricom looks closer to Ethiopian fintech expansion
Newly established Ethiopian OpCo reportedly given green-light to offer fintech service by market regulator. But incumbent rival already gifted year-long head start in m-money services realm.