Associates & JVs – Page 10
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Financial & Performance
Vi nears funding target as state equity conversion looms
Cash-strapped Indian joint venture closes in on INR 200bn fundraising target.
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Network & Infrastructure
5G auction finally going ahead in India
Set to commence after two-year delay.
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Elsewhere in Vodafone Partner Markets: A1 Telekom snaps up STEMO
Canadian competition authority rejects Rogers–Shaw mega-merger; Vodafone New Zealand takes full control of retail stores JV.
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Vi CEO promises better times ahead
Takkar talks effusively of “positive catalysts” for Vodafone’s Indian JV.
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Elsewhere in Vodafone Associates & JVs: TIM to merge fixed network with Open Fiber
TIM agrees to merge fixed network with Open Fiber with support from private equity players; Australian competition authority to rule on whether TPG–Telstra network-sharing deal can go ahead in autumn 2022.
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Vodafone Q4 FY21–22: ‘Keep calm and carry on’
Read once again assures shareholders that M&A activity is on the horizon.
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Network & Infrastructure
Vodacom seeks strategic partners for ‘Africa FibreCo’
SA group’s infra overhaul continues with plan for regional wireline play.
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Network & Infrastructure
Vodafone NZ targets independence with SAP integration
New Zealand operator and Vodafone Partner Markets ally flags SAP cloud solutions migration.
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Strategy & Change
Teoh tipped to flee TPG once escrow period ends
Operator’s main shareholders Vodafone and Hutchison free to sell shares after 12 July. So too is founder David Teoh, seen likely to up sticks first. Morgan Stanley analyst doesn’t foresee same share price carnage as when Teoh sold 3% stake last December.
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Partnerships & Alliances
Vi mulls exit from Wi-Fi joint venture
Indian operator goes cool on Firefly joint venture with Airtel, set up in 2015.
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Network & Infrastructure
Vantage gains build wiggle room with Vodafone deal change
TowerCo builds production speed and “optionality” by securing licence to outsource part of its site expansion work for Vodafone Germany.
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Financial & Performance
Vodafone Q4 FY21–22: Super apps and fintech investment to drive Vodacom growth
FY21–22 results underline revenue diversification ambitions, with ‘new services’ set to contribute increasing proportion to bottom line.
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Financial & Performance
VodafoneZiggo ‘prioritises customer experience’, reports “solid” Q1
Preliminary Q1 FY22 results show 37,000 mobile contract additions, taking VfZ beyond five million SIMs. Suffers inevitable impact of losing F1 rights in 2021, though damage appears contained. VodafoneZiggo pledges to supply all customers with 1Gbps connection by the end of the year.
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Operations
Indus seeks to move on from “nail-biting” Vi crisis
Indian tower giant sees “discomfiting” client payment worries subsiding
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Elsewhere in Vodafone Europe: Ofcom calls out UK operators
Vodafone launches device financing and insurance scheme in Spain; regulator slams VfUK for lack of social tariff.
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Elsewhere in Vodafone Associates & JVs: Bharti Airtel Chairman wants “affordable” spectrum
TRAI proposes near-40% reduction across spectrum bands in upcoming auction; Vodafone Egypt acquires 10% stakes in e-payment platforms Bee and Masary.
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TIM accepts Ardian bid for INWIT stake
Italian operator to sell majority of its stake in towers venture to private equity firm.
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Vodafone people moves: German leadership continues evolution
Vodafone Germany CEO replacement named; Networks lead confirmed; and Commercial Operations lead filled temporarily. Vodafone UK’s strategy chief Dixit set to join former CEO Jeffery at Frontier. Vodacom SA CEO Sharma confirmed departure leaving vacancy at the top. Vodafone Carrier and Partner Markets names regional management changes.
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Venturing & Investments
Vodafone increases Vi stake
Group outlines commitment to struggling JV, upping its holding by 3.2%. Investment arrives via Vodafone subsidiary Prime Metals in a vital period for Vi. Further cash injections mooted amid government takeover.
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Vodafone people moves: Vi actions Digital shake-up
Indian operator Vi sees Chief Digital Officer Jain exit ahead of Consumer Digital function refresh. Operations and skills transformation appointments made at Group-level. Italy’s INWIT JV names Technology and Planning leads in senior changes. TechCo transition takes hold at Vodafone Italy. Fintech vertical in the spotlight at Safaricom on ...