All Corporate articles – Page 9
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BT Group financial reports roundup, October 2019
Credit Suisse reiterated its “outperform” rating for BT Group. Woodford Equity Fund reported that it had acquired a 1.4% stake in BT Group. Berenberg noted the low valuation on BT Group, based on its current share price. Group CEO Jansen bought 584,000 shares in the telco during mid-September 2019. ...
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BT Group glad-hands investors as share pressure remains
While revised strategy plans for the UK were still bubbling, BT faced a tricky summer with a dwindling share price and investor concerns over operational challenges.
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BT España sale in final phase
Spanish challenger operator MÁSMÓVIL is now thought to be among four bidders remaining in the final phase of the sale of BT España, alongside US private equity firm Carlyle and Spanish venture capital firm Portobello Capital.
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BT Law under review as part of Group restructuring process
BT Group could be mulling wider changes to its BT Law operation that go beyond the managed legal services contract it recently signed with law firm DWF.
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CWU seeks assurance on BT’s ‘Colleague Board’
The Communications Workers Union (CWU) said it is seeking confirmation that BT’s proposal to establish a ‘Colleague Board’ from January 2020 would not affect existing relationships with “democratically elected union representatives”.
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BT Group begins reinvention as national champion
Jansen strives to present operator as a national and customer champion, with ‘Beyond Limits’ the new rallying cry. Social- and digital-inclusion efforts accompanying home nation sports sponsorship to highlight community links. Signs of progress on Allera’s declared Consumer strategy with customer experience and partnership aspirations to the fore. Consumer ...
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Venturing & Investments
Vodafone regional CEO Badrinath visits Ethiopia amid ongoing Group interest in the African nation
Vodafone’s Rest of the World Region Chief Executive Vivek Badrinath was said to have paid a visit to Ethiopia, underlining ongoing Group interest in the country.
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Telefónica accentuates Vodafone alignment on towers
Two challenged operators out at front of race to offload assets.
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Deutsche Telekom hub:raum-backed smart-home startup Ecoisme ceases trading
Ecoisme, a smart-home startup backed by Deutsche Telekom’s hub:raum innovation unit, flagged that it had “ceased trading due to becoming insolvent”.
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Telefónica Group highly rated by Juniper
Telefónica ranked as the fourth-placed operator in Juniper’s Operator Innovation Index list.
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Deutsche Telekom Group: USA & Corporate Development People Moves, September 2019
Strongly Accenture-flavoured switch-around at the top of ngena; joint MD Adriani departs as venture moves to “2.0 format”. Latest people movements include: Oliver Schmäschke, Alessandro Adriani, Luis Alvarez, Chris Burke, Edwin Paalvast, Jack Sepple, Cleber Viana, Jörg Wassink, Boris van Beek.
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Amber lights flash, but independent Openreach drives on
Regulator’s annual review shows Openreach independence efforts are making a difference, but Ofcom keen to keep the pressure on for faster progress. Ofcom takes the opportunity to call for more commitment on fibre, calling out enhanced BT Group commitments as “vague”.
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Strategy & Change
Jansen prepares to kick-off in public
Speculation was mounting on potential strategy updates that would accompany BT Group’s full year results presentation on 9 May 2019.