Covid-19 Response – Page 6
-
Operations
Magyar Telekom looks for lodgers in new HQ
Operator looking to mitigate overheads after opting to permanently shift to a hybrid working model. 5,500-strong workforce largely remote since spring, bar brief return. Sub-letting to partners on the cards. Wider Group-level philosophy changes take effect.
-
Strategy & Change
Elsewhere in Telefónica Group: Living Apps winners and Movistar's solar business
Winners selected for Living Apps partnership and Restarting Together coronavirus recovery project; Movistar launches new subscription solar panel business.
-
Partnerships & Alliances
Government comes clean on SAP–T Systems corona app costs
Health Ministry reveals that some costs were lower than expected but encounters criticism in parliament over how the contracts were awarded to SAP and T-Sys.
-
Strategy & Change
BT’s Jansen plays for time on transformation
Eighteen months into the job, the BT CEO is striving to prove the business is on the right track, with a lower-key transformation than many expected. Jansen urging staff to adopt a “lean-in” approach with faster decision-making to accompany systemic change.
-
Suppliers & SCM
Brexit and COVID: BT’s twin supply chain headaches
Group continuing to scrutinise status of 450 key partners, amid logistical and financial turmoil wrought by pandemic. Spread of critical partners under consideration to create greater resilience post-coronavirus and split from EU. Telcos, traditionally known for squeezing suppliers to the max, now focused on keeping them afloat.
-
Partnerships & Alliances
Movistar Salud: Telefónica returns to e-health
Portfolio diversified with new telemedicine proposition. Salud family of services marketed for enterprise and home. Public health partnerships also in the offing.
-
Partnerships & Alliances
Aurachain and Telekom Romania renew ties
Pair behind government furlough payments project. Remote working platforms added to enterprise package for COVID-hit customers. Höttges: “hybrid office” viability bolstered.
-
Partnerships & Alliances
Strict daily regime powered SAP–T-Systems corona app tie-up
Corona-Warn-App downloaded more than 18 million times in Germany. Project conducted with ruthless efficiency and met initial target. Next steps being planned: app to be rolled out in ten more countries, and T-Systems focusing on ways to grow overall impact.
-
Strategy & Change
Q2 FY20: Un-Carrier quickly finds stride after H1’s bumps
New CEO and CFO team remain bullish on business growth opportunities, despite challenges of Sprint integration, COVID-19, and change of leadership. TMUS moots a period of commercial aggression against rivals in H2, working off economic downturn and 5G differentiation. B2B expansion also back (yet again) on agenda. Reported surpassing ...
-
Premium
Headline numbers: relying on US
USA growth now an even more dominant part of DT’s world. Management remain keen to ensure strength in Europe is not overlooked.
-
Strategy & Change
T-Systems launches Digital Solutions unit after integration rethink
New digitisation-focused unit first unveiled in April 2018. Detecon consultancy unit and T-Sys MMS no longer involved. New unit to have two joint leaders.
-
Strategy & Change
Green sees ‘correction’ in TV sports rights prices
BT is attempting to turn down the heat on expectations for broadcast sport auctions in a market that has already seen signs of cooling.
-
Premium
Numbers: no sport and shut businesses take their toll
While whole Group faces headwinds, Consumer and Enterprise take the brunt of COVID-19 impact. The “usual” working capital payments on top of slumping earnings result in negative cash flow for the quarter.
-
Premium
Guidance: what’s the worst that can happen?
Outlook on revenue and EBITDA implies little good news for rest of FY20–21. Earnings growth anticipated in FY21–22, as regulatory headwinds fade and efficiency gains come into play.
-
Premium
BT continues to mull post-COVID-19 working options
Jansen seeks a return to normality. Changes to practices are afoot, however: Work Your Way flexible working initiative launched; distributed working pros and cons explored.
-
Strategy & Change
Telefónica in front row seat as Spain unveils recovery plan
Left-leaning Spanish government to put digital transformation at the heart of plans to tackle pandemic challenges, playing to Telefónica strengths.
-
Strategy & Change
Telefónica Q2 FY20
Another social pact unveiled as COVID-19 and currency falls combine to wipe €1.5bn of reported revenue in second quarter and shred profitability. Cash generation a priority as strict — and seemingly permanent — spending and investment restrictions are put in place. “Resilience” the key quality attributed to the Group ...
-
Premium
Vodafone Q1 FY20–21 spend: no obvious change of course, post-COVID-19
Any post-COVID-19 spend strategy changes appear to either be being kept under wraps, or subjugated by leadership focus on keeping the business on track.
-
Strategy & Change
Q2 FY20: Group discussing yet another T-Systems reorg
Enterprise unit buffeted by coronavirus headwinds in Q2. CFO Illek indicates that T-Sys transformation process will have to be accelerated.
-
Suppliers & SCM
ISS hit in pocket by deal execution setbacks
DT’s FM partner reassures over future profitability of Group contract, despite series of setbacks relating to COVID-19 and IT security.