Europe – Page 117
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Suppliers & SCM
Deloitte ‘in line for Deutsche Telekom auditing role’
Report indicates operator is close to concluding a prolonged and politicised auditor selection process. Deloitte now seen as in pole position to replace incumbent PwC.
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Network & Infrastructure
DT making strides in flash flood recovery
About 97% of flood-damaged fixed lines to be repaired by the end of 2021. Construction of FTTP network in areas where lines cannot be restored.
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Strategy & Change
Telefónica offers redundancy plan to almost 3,000 staff
Unions still not satisfied with latest redundancy offer. Group offers a higher pay increase of 1.5% for 2023.
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Venturing & Investments
T-Systems MMS continues blockchain drive with Polkadot support
Interoperable framework of public blockchains becomes T-Sys MMS’s fourth investment in the sector.
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People
Appel pick for new chair creates controversy
Appel’s dual role at Deutsche Post and DT criticised as sending the “wrong signal”. Both Groups take steps to counter violation of German Corporate Governance Code.
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Public Affairs
Ericsson loses latest skirmish in Telefónica Avatar saga
Ericsson blocked from unilaterally changing working conditions for employees transferred from Telefónica in 2010 in conjunction with the AltamirA platform acquisition. A renewed deal linked to the platform removes Telefónica’s minimum spend commitment.
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Partnerships & Alliances
Telefonica targets health sector as digitalisation laggard
Healthcare sector viewed as an area with great digital potential, and slow take-up to date, with Telefónica focused on a collaborative approach. Across all sectors, innovation strategy remains focused on building not only networks, but platforms on top of them that will enable the Group to create new revenue ...
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Venturing & Investments
SignalWire secures investment from DT’s strategic fund
Telekom Innovation Pool gets involved following $30m (€27m) Series-B round in June.
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People
Telefónica reshapes board of directors
Group cuts board seats from 17 to 15, with representation from shareholders BBVA and CaixaBank halved. Ignacio Moreno and Jordi Gual to instead shift to roles at Telefónica España and Brazil’s Vivo.
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Products & Services
DT’s OneApp arrives in Germany
Development team spans Croatia, Germany, Hungary, India, and Russia. Self-care app now present in ten European markets. No plans for a US rollout as yet.
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Strategy & Change
DT wants another turn on Greek “rollercoaster”
CFO of Greek NatCo OTE’s parent division reminisces on challenges DT has faced in the country since ill-timed 2008 entrance. German operator remains “committed” to the country and optimistic regarding digitalisation opportunities. Call made for action on tax, regulation, and bureaucracy to improve return-on-capital, however.
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Strategy & Change
Höttges set for five more years at DT
Group CEO is said to have requested an early extension of his mandate. Deutsche Post CEO Frank Appel named Chairman of the supervisory board. Aiming to build a stronger European presence.
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Network & Infrastructure
Fluent Gopalan flexes on fibre and 5G
Telekom Deutschland Chief Executive Srini Gopalan continues to emphasise need for network-building partnerships. DT has not given up on under-scrutiny Glasfaser Nordwest JV. Group tech boss Claudia Nemat maintains environmental messaging — and surprises with a musical demo of 5G SA.
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Content & TV
Movistar, DAZN secure five-year La Liga deals
La Liga generates €4.95bn in revenue from new round of concessions. Movistar’s controversial agreement on hold ahead of talks between Telefónica and regulator CNMC.
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Premium
Telefónica people moves: wholesale lead named at VM O2
VM O2 appoints Diego Tedesco to lead its Fixed Wholesale business in challenge to incumbent Openreach. SME-focused team also filled in at newly-merged UK operator, with appointments in marketing, products, and sales. Telefónica Tech draws in new faces from across the Group footprint.
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Products & Services
Droniq hails success of first U-Space trial in Germany
Deutsche Telekom JV wants to become Germany’s first U-Space provider. EU U-Space regulation set to apply from January 2023. Droniq and Deutsche Funkturm are applying for a joint licence for aerial tower inspections.
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M&A
Magyar Telekom divests healthcare subsidiary
Hungarian NatCo’s T-Systems Hungary business has divested its Pan-Inform subsidiary. Unit will be operated by the state following the deal’s conclusion in early-2022.
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M&A
American Tower “excited” by tower M&A in Europe
CFO flags possibility of “compelling things” happening in Europe’s tower scene. Cautions, however, that American Tower in no rush for dealmaking. Deutsche Telekom, Cellnex, Orange, and Vodafone also in the mix for tower M&A.
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Premium
Emergency calls fault puts DT in spotlight
German emergency numbers 110 and 112 downed three times in as many months. Group CEO Höttges steps forward to accept responsibility.
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Strategy & Change
Vodafone’s Wibergh hails speedy integration of former Liberty assets
CTO said 1,000 people are involved in the four-market integration programme. Vodafone TV figures dipped in Germany because of COVID-19. Velocix is supporting GigaTV in Germany.