EMEA Telco Leaders – Page 146
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Operations
Telefónica Tech unveils digital operations hub at Madrid HQ
New Digital Operations Centre forms part of the Group’s Innovation and Talent Hub transformation strategy.
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Network & Infrastructure
Deutsche Telekom’s new JV secures fibre funding
GlasfaserPlus wraps up a €2bn+ lending facility to help get its Gigabit roll out programme up and running.
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Partnerships & Alliances
SpaceMobile stays flexible as final testing nears
New funding deal with B Riley provides cash assurance as investment builds ahead of commercial launch.
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Financial & Performance
Movistar Prosegur Alarmas remains on growth path
MPA customer numbers increase almost 50% in first quarter, although ARPU is lower.
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Network & Infrastructure
BT makes steady progress on broadband USO
Latest update shows 4,600 premises connected, with thousands more in the works. Excessive costs remain a problem for rural premises despite Ofcom intervention.
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Strategy & Change
All eyes on Read as e& acquires $4.4bn Vodafone stake
Chief Executive Nick Read ‘blindsided’ by announcement ahead of Tuesday’s annual results call.
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Financial & Performance
OTE feels heat of rising energy bills
Greek operator sees €10m hike in energy costs during Q1 FY22; another €10m rise expected in Q2.
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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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Network & Infrastructure
DT ‘open’ to more fibre friendships
Germany Chief Executive Srini Gopalan sees room for “one or two” FTTP joint ventures in the operator’s next-gen rollout master plan.
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Public Affairs
Deutsche Telekom strikes wage deal with union
Agreement on wage increases reached after third round of talks.
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Suppliers & SCM
Arqit excited by prospects despite controversial report
BT-partnered quantum encryption startup’s share price remains sharply down following savage WSJ article.
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Financial & Performance
Q1 FY22: Telefónica facing challenges with a spring in its step
Strong start to FY22 saw cross-examination on prospect of a quick upgrade on guidance for the year. VM O2 the odd one out as three of Telefónica’s core markets show strengthening operational performance and clear vision for market evolution. Telefónica Tech building momentum, but strategy of buying short-term growth ...
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Operations
BT targets skills shortage with Digital Campus plans
Ongoing skills transformation programme will see a virtual learning environment established, dubbed a “one-stop shop” for employee development. Internal reskilling and upskilling remain central to Group’s sustainable growth plan.
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Financial & Performance
BT Q4 FY21–22: foundations in place, but cracks widening
Typically rosy Openreach figures relied on heavily for positive spin to results mixed bag.
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People
Chanel allure forces BT Board change
Leena Nair to step down from BT Board, following recent appointment as Global CEO of Chanel.
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M&A
Telefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.
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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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Public Affairs
Vodafone gains partial victory against former ONO execs
La Audiencia de Madrid rules that ONO execs accused of tax fraud before Vodafone takeover should pay VAT fees siphoned off cableco’s books. Ruling falls well short of €140m in damages Vodafone was originally seeking.
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People
Mahomed leads raft of changes at BT Media & Broadcast
Director Faisal Mahomed takes on broader portfolio role across Enterprise units. Commercial, Portfolio, and Sales leadership changes at broadcasting division.