Associates & JVs – Page 12
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Elsewhere in Vodafone Europe: VodafoneZiggo issues €2.1bn in sustainability bonds
Vodafone to lose leadership position in Albanian mobile market; VodafoneZiggo issues sustainability bonds valued at €2.1bn; Vodafone UK scam texts fall by more than two-thirds following installation of SMS firewall.
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Operations
Vantage drafts MOWEA for mast turbines
TowerCo indicates cleantech R&D tie-up is ready for wider deployment. Deal initially focuses on a small subset of sites in main market Germany, but wider national and international rollout mooted if system checks out.
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M&A
Vodacom moves closer to Vodafone Egypt takeover
Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.
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Elsewhere in Vodafone Associates & JVs: Egypt reducing dirty diesel
Regulatory decision on TPG’s FTTB expansion plan nears; Egypt takes hybrid to reduce dirty diesel.
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Vi flags VoLTE help from Anritsu
Supplier’s cloud-native software provides QoE KPIs and recommends best actions to resolve issues impacting customers. OpCo in process of expanding reach of Anritsu monitoring platform from 20 million VoLTE subscribers to 58 million.
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Vi overhauls national backbone
New 300G/400G network being launched, with assistance from Ciena.
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Elsewhere in Vodafone Group: Cisco & Vodafone selected as SFHA commercial associates
Vodafone’s M&A chaperone boosts takings; named commercial associate by Scottish Federation of Housing Associations, along with Cisco.
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Operations
Vi selling majority stake to Indian government in bid to stay afloat
The state is set to receive a 35.8% stake in Vodafone Idea. Share prices drop around 20% in the wake of the news. Stake will be exchanged for easing of the struggling JV’s considerable debt. Government “do not want to run company”, insists Vi CEO
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Network & Infrastructure
TPG cites 5G momentum in Aussie auction snub
Australian operator TPG Telecom did not pick up any blocks in the 900MHz auction, with CEO Berroeta claiming its portfolio is strong enough already. TPG’s 5G network live on 700MHz, with 26GHz trials underway. Rivals Optus and Telstra share the spoils in TPG’s absence.
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Elsewhere in Vodafone Europe: Ofcom sticks to its guns on paired 2.1GHz spectrum
Spanish operators to continue to pay “RTVE tax” into 2023; Ofcom stays firm on paired 2.1GHz spectrum pricing, but will consult further on unpaired 2.1GHz spectrum fees.
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Financial & Performance
Vodafone close to settling €2.4bn tax dispute with India
Group offers New Delhi a deal after retrospective tax legislation scrapped. Dispute harks back to Vodafone acquisition of Hutchison Essar in 2007. Indian stand-off has long cast a shadow over Group finances, despite recent legal victories.
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Red Hat digs in at VodafoneZiggo
Dutch JV to deploy Red Hat OpenShift to support future 5G core. IBM-owned software provider is gradually expanding its role within the Group.
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Elsewhere in Vodafone Associates & JVs: TPG’s billion-dollar strategy
TPG unveils billion-dollar strategy; Telecom Egypt to retain Vodafone stake.
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Vi goes 5G network slicing with Nokia
Trial in Gandhinagar purportedly enables high-resolution VR content. TRAI sets deadlines for consultation process with “stakeholders” on auction rules for delayed 5G spectrum auction.
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1&1 offers challenging maths for Vantage and Vodafone
TowerCo wins a potentially important reference deal with Vodafone German challenger 1&1. Strategically complex win clouded by reports of internal ructions.
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Brand-heavy TPG looks for smart data handling with AWS
Shaik flags “knowledge lake” as providing deeper understanding of consumer and enterprise behaviour. Aimed at breaking down data siloes across multi-brand portfolio following TPG–VHA merger. Analytics of external datasets, available on the market, increasingly important.
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TPG takes hit as Teoh offloads shares
Controversial founder sells 20% of his total stake — the maximum he was able to sell. Move sees TPG valuation drop by AU$ 1bn.
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Elsewhere in Vodafone Europe: VfD and Sky test new App at the Bundesliga
VfD and Sky Deutschland test new Sky 5G Multiview App during Bundesliga match; Vodafone Italy brings forward net-zero goal; Vodafone Business ties with Trend Micro in Spain.
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Elsewhere in Vodafone Partner Markets: Vodafone TV to end in NZ
Developments from around Vodafone’s soft-power network: New Zealand’s Vodafone TV to be retired in 2022; MTS subsidiary acquires facial recognition specialist VisionLabs.
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Elsewhere in Vodafone Associates & JVs: KKR bids for TIM
KKR submits cheeky bid for TIM; TPG requests joint functional separation undertaking.