Europe – Page 63
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Financial & PerformanceQ1 FY23–24: pay-TV the hot topic as Vodafone Germany reengineering progress made
Della Valle on potential €800m pay‑TV losses: “we are talking about 80% to 90% margin”.
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Strategy & ChangeOrange seeks recipe for success in France after Spanish turnaround
New Orange France CEO cooking up a strong plan for la rentrée. Christel Heydemann remains confident of Spanish merger success.
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M&ALiberty confirms Cornerstone stake up for grabs
Liberty Global says it is exploring sale of Cornerstone holding after months of media speculation.
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Partnerships & AlliancesT-Systems extends foray into quantum realm
Deutsche Telekom’s enterprise arm signs MoU with IQM Quantum Computers to offer access to cloud quantum computing services and training, with a Europe-based focus. Deal builds upon similar tie-up with IBM earlier this year, expanding its quantum services to a “multi-cloud quantum landscape”.
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Public AffairsCroatia asks Brussels for more broadband infra funding
Government makes request to EC for next grant instalment from EU’s Recovery and Resilience Facility. Croatia set to receive a total of €5.51bn under RRF, provided performance-based targets are met. One-fifth of allocation earmarked for digital transformation projects, as stipulated by NextGenerationEU funding rules, including broadband rollout in rural ...
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Financial & PerformanceQ1 FY23–24: Vodafone Spain rolls back retail presence as review continues
Della Valle confirms that 15% of OpCo’s retail stores have been closed as Vodafone gradually shifts distribution to “more digital channels”.
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Venturing & InvestmentsCellnex nabs fresh funding for pan-European 5G rollout
Cellnex signs new contract with European Investment Bank to speed up 5G rollout in five European nations.
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Financial & PerformanceQ1 FY23–24: Vodafone’s turnaround trudges on as Della Valle heralds ‘first steps’
CEO Margherita Della Valle claims early efforts are starting to bear fruit as the Group posts revenue growth.
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Partnerships & AlliancesAstrocast locks in Airbus for future satellite IoT upgrades
Satellite startup Astrocast renews deal with longstanding partner Airbus to upgrade satellite-based IoT services.
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PeopleVodafone selects former SAP finance chief as CFO
Hiring coup coincides with upbeat results and fuels curiosity over story Della Valle and van Boxmeer spun to lure high flyer.
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Network & InfrastructureTelekom Deutschland boasts FTTP deployment momentum; remains coy on take-up rate
German NatCo passes another 200,000 households in June, clocking 1.3 million YTD. ’Fibre’ and ’optical’ obfuscation continues, with particular coyness over low FTTH adoption.
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Innovation (R&D)Vodafone 5G Lab becomes nerve centre for metaverse innovation
Vodafone Spain lab selected as “nucleus” for operator’s metaverse R&D.
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PremiumFiber Experts snaps up fibre network provider Elecnet
Fibre network specialist on track to exceed €130m turnover in 2023.
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M&ATelefónica puts Nabiax stake 'up for sale'
Report from Reuters indicates Asterion has appointed banks to explore divestment of Nabiax, potentially including Telefónica’s remaining 20% stake. Speculation closely follows sale of Nabiax’s Americas portfolio, marking a shift of focus onto Spanish market.
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Public Affairs1&1 gets a part-win over DT in 5G ads spat
Challenger can still describe its network as the most modern in Europe.
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OperationsOTE simplifies org, removes Greek structural layer
Structural switch sees home market operating entity melded into Group. Cosmote brand to be retained.
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Public AffairsVantage resists EU plans for regulating TowerCos
Vodafone-backed InfraCo troubled by prospect of regulated pricing and terms if new ultrafast rollout regulation proceeds as planned.
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Public AffairsTelefónica calls for fresh infra-sharing regulation in LatAm
Operator calls for regulatory rework to promote infrastructure sharing in Latin America.
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Products & ServicesTNT goes live as BT Sport era comes to close
Rebranded BT Sport replacement goes live across the UK and Republic of Ireland today.
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Venturing & InvestmentsUK Infrastructure Bank bulks up nexfibre with £250m
UK Infrastructure Bank supplies nexfibre with new debt financing to boost fibre deployment.