Europe – Page 36
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Public AffairsDT agrees ‘painful’ compromise with German unions
Management averts further strikes by securing deal giving home market workers a 6% pay rise, as well as easing stance on collective agreement coverage and timeframe.
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PeopleDT promotes Dimitrios Rizoulis to lead global carrier unit
DTGC’s long-time boss Rolf Nafziger moves to a new strategy role after six years leading international wholesale services business, including rebrand and reposition in 2018, and internal relocation in 2020.
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Financial & PerformanceGains-hungry DT gives German business a fresh fibre sales goal
Telco’s home market business looking to break through upselling obstacles and add 450,000 new homes to FTTH plans by the end of 2024.
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Financial & PerformanceDT’s Höttges unworried by uptick in German mobile competition; lets rivals ‘do their shit’
Deutsche Telekom CEO sees increasingly intense battle for customers, sparked by strategy shift at Telefónica Deutschland, taking place outside of German NatCo’s higher-value ‘sweet spot’, and therefore not a cause for concern.
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Financial & PerformanceBT Business gets UK exceptionalism vibe, with Global ops on chopping block
New CEO Allison Kirkby mulls further ‘optimisation’ opportunities in latest bid to turn around long-beleaguered B2B activities. Much-lauded new network-as-a-service proposition Global Fabric may be retained as partner play. Domestic rump not obviously a better bet, however…
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Financial & PerformanceVodafone CEO: “No remedies needed” for UK merger
FY23–24: Some done and more to come in Group CEO Margherita Della Valle’s reshaping of the European footprint. With approval for Spain sale, M&A focus turns to completing Italy and UK deals — with the latter looking likely to cause headaches despite the CEO’s optimism…
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Weekly BriefingsTelefónicawatch Weekly: Group focuses on key deals, initiatives in Q1 to keep GPS on track
Operator showcases modest growth in Q1 FY24 results publication, with plans for acceleration over rest of year, although uncertainty on critical initiatives remains. Meanwhile, mobile offerings strengthened in Germany, Spain, and the UK, both above and below the ground. Read more…
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M&AVodafone earns regulatory go-ahead for Spanish retreat
Vodafone Spain sale to Zegona Communications to complete by the end of the month, with share buyback programme already underway.
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Financial & PerformanceTelefónica Q1 FY24 In-depth: new strategy kicks off with ups and downs
Decent commercial performances in key markets, with Brazil again standout with cross-segment growth, and Hispam still in decline. Ramp-up predicted as FY advances. Read more…
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Financial & PerformanceTelefónica Q1 FY24 Highlights: modest growth to be boosted by core market catalysts, further efficiency
Group COO Vilá highlights “catalysts” in Brazil, Germany, Spain, and the UK, aiming to accelerate financial gains over the next quarter. Read more…
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Financial & PerformanceTelefónica Q1 FY24 Guidance: Group maintains confidence
Controlled capital intensity ensures wriggle room. Read more…
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Financial & PerformanceTelefónica Q1 FY24 Spend: investments made, efficiencies gained
Continued investment in AI, automation, and sustainability highlighted . Read more…
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Public AffairsUnion rejects Deutsche Telekom’s second ‘record’ pay offer
Talks between operator and worker representatives extended to end of the week after union rejects DT’s fresh proposals as “insufficient”.
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Financial & PerformanceVodafone Germany to lose half of TV customer base as new tenant laws take effect
Vodafone’s largest and last standalone European market braces for a slump in performance this year while revamping operations in an attempt to revive growth. Tenant bundling law change set to accelerate longer term trend of customer losses at misfiring major OpCo.
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Network & InfrastructureGerman operators respond cautiously to BNetzA’s proposed spectrum auction compromise
Three existing MNOs, which have been loudly complaining over spectrum access cost burden, would pay just under €600m for five-year rights extension under new BNetzA proposals.
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M&AGreece’s OTE says talk of tower sale ‘premature’
National telco reiterates interest in wireless infra spin-out, to trim down the costs of managing wireless infra and boost share price.
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Public AffairsDeutsche Telekom workers stage strike ahead of ‘decisive’ pay talks
German union organises two days of industrial action to set scene for a fourth round of negotiations on wage increases.
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Innovation (R&D)UKTIN: Why collaboration is key to driving investment in R&D for the telecoms sector
OpEd: Jon Hunt, Project Board Member at the UK Telecoms Innovation Network, sees potential easing of M&A regulation in Europe as opening a path for telcos to improve collaboration, R&D and funding efforts on an international scale, including with academia and Big Tech. Read more…
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Weekly BriefingsVodafonewatch Weekly: cost of Ethiopian expansion laid bare; another twist in M&A tale
Latest from Vodafone, affiliates and partners: Group earns security clearance for UK merger; Ethiopia optimism reiterated despite financial reality check; and TowerCo Inwit braces for reshaped Italian market following MNO reshuffle. More from South Africa, Spain, Netherlands, elsewhere…
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Content & TVVirgin Media O2 taps Amdocs for TV streaming upgrade
UK major to integrate Subscription Marketplace solution into existing content streaming and TV offering. Move builds on prior relationship with Amdocs, and wider engagement with Telefónica Group outside of the content streaming sphere…