All Capex (capital investment) articles – Page 6
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PremiumTelefónica Q1 FY23 Guidance: for foreseeable, Telefónica votes conservative
Guarded Telefónica management reiterates low-growth outlook for FY23, despite solid Q1 numbers.
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PremiumTelefónica FY22 Guidance: keeping a lid on expectations
Management displays cautious outlook for FY23
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PremiumTelefónica FY22 Headlines: FY22’s storm weathered
Main performance lines heading in the right direction.
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PremiumThree seeks to underscore Vodafone merger rationale
Three UK and Vodafone UK are subscale with returns below the cost of capital, says former.
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PremiumBT welcomes “bold” Spring Budget but altnets left wanting more
Openreach’s fibre rollout plans will benefit from new tax policy, but altnets want more regulatory reform to protect investment.
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PremiumTDE cruises to targets despite FY22 turbulence
NatCo shrugs off difficult macro picture with decent sales and earnings growth.
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PremiumDT Q4 FY22/FY22 headlines: targets hit in choppy waters
TMUS’ strong performance (and dollar denomination) extends DT’s earnings growth run.
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PremiumDT Q4 FY22/FY22 spend: DT flags cost ‘progress required’, but unflustered
Group indicates flagship four-year indirect expense reduction programme is behind schedule.
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PremiumElsewhere in Vodafone Group: CTO Petty trumpets savings from digitalisation
CTO Petty trumpets capex and opex savings from digitalisation.
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PremiumTelefonica Q3 FY22 guidance: Group hitting its marks, apparently
Sales, income, and capital intensity all within range, despite macro buffeting.
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Special ReportDeep dive: Vivo sets example for Telefónica peers on fibre-focused growth
Vivo presented to investors as market leader on digital in a fast-growing, young country.
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PremiumTelefónica Q2 FY22 Spend: prudence comes out to play
Group leadership seeks to soothe cost base concerns.
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PremiumTelefónica Q2 FY22 Guidance: defence holding up better than thought
H1 performance surpasses expectations, prompting Group to be “prudently confident” regarding ability to manage the macro crisis.
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PremiumBT Q1 FY22–23 spend: modernisation makes it mark
Usual cost control and efficiency gains hit the spot for Group spend.
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PremiumBT Q4 FY21–22 Headlines: off-target but moving forward
Enterprise and Global continue to drag, Openreach unencumbered.
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PremiumVodafone Q4 FY21–22 Spend: capex splurge quietens
All quiet following significant capex increase in FY20–21.
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PremiumTelefónica raises further €1bn in sustainable financing
Sustainable bond includes environmental and social impact targets.
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Partnerships & AlliancesStill no date for Safaricom Ethiopia launch
STE indicates it is close to reaching network-sharing agreements with Ethio Telecom. Changes to national payments law should pave way for M-PESA.
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Venturing & InvestmentsUK’s rebranded BII embarks on new impact investing
British International Investment (BII) embraces broader digital strategy.
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Operations“A country with enormous potential”: Safaricom poised for Ethiopia launch
Safaricom Telecommunications Ethiopia aims to go live on 9 April 2022. Hopes to add M-PESA within the next 12 months. Over 300 staff recruited to work in the country.



















