Financial & Performance – Page 8
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Financial & PerformanceBT’s Kirkby opens a mixed Q3 bag; Jansen goes out without a bang
BT Q3 FY23–24: New CEO’s first task is to round up latest results but little drama to work with as Jansen’s mandate fizzles out. Line losses and questions around pricing indicate something of the challenge to come…
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Financial & PerformanceSafaricom Ethiopia is yet to get M-PESA up to speed in race with Ethio Telecom
Safaricom Telecommunications Ethiopia hails “great momentum” for M-PESA but its flagship m-money offering remains dwarfed and outpaced by rival Ethio Telecom’s Telebirr, following the latter’s headstart.
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Financial & PerformanceUK’s Digital 9 Infrastructure to wind down, sell off assets
UK infrastructure investor proposes selling most of portfolio to pay off debt after completing strategic review.
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Financial & PerformanceT-Mobile plans to get more creative in post-integration era
Q4 FY23: American NatCo’s “scrappy team” plotting new ways to make customer gains.
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Financial & PerformanceIs CityFibre now #1 UK fibre altnet by revenue, take-up?
With take-up doubling, revenue exploding, build on target and positive EBITDA imminent, NetCo boasts 50+ ISP retail partners are selling two- or even three-times’ as many CityFibre connections than sourced from Openreach. Appears Community Fibre and Hyperoptic overtaken, M&A next up…
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Financial & PerformanceOverdue Vi cash yet to materialise for Indus Towers
Indus Towers confirms Vi has failed to stick to a payments plan that would have paid off the operator’s sizeable debts to the TowerCo.
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Financial & PerformanceMacquarie’s altnet Voneus bags £25m funding top-up
Tiger-controlled RBSHL ups stake at possible £625m valuation, with Macquarie assumed to remain in control. FY22-23 accounts also released, claiming strength but modelling downside. More…
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Financial & PerformanceVodafone’s budget brand faces up to ‘aggressive’ UK competition
Talkmobile sub-brand posts massive increase in users and revenue in latest financials, but Vodafone’s rivals continue to dominate UK value mobile scene.
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Financial & PerformanceTelcoX study: Deutsche Telekom closes out 2023 as Europe’s only telecoms alpha
Recent years’ breakaway of Deutsche Telekom from the European telco peloton is one of key themes highlighted in TelcoX EMEA CSP and ecosystem Leadership & Performance Report.
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Financial & PerformanceTim turns ten: CEO still ‘hungry’ as DT preps next phase
Q3 FY23: Group boss Timotheus Höttges asserts that “we stay greedy” as he nears decade in job, and begins work with his strategy team on fresh plan for FY25 onwards.
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Financial & PerformanceDeutsche Telekom Q3 FY23 Headlines: Europe gains some rare plaudits
Q3 provides a collectors’ item as Europe-side businesses achieve growth, while TMUS contracts, owing to handset sales slump and exchange rate movements.
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Financial & PerformanceT-Mobile US says its customers should be for life
CEO Mike Sievert highlights need to keep both churn and upgrade rates low to minimise customer retention costs.
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Financial & Performance‘We are changing’: Vodafone CEO Della Valle assures more improvement is coming in largest markets
H1 FY23–24: Vodafone reports a “solid start” to fiscal year as Margherita Della Valle sets about transformation effort, pitching new era of right-sized operations to restore operator to growth.
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Financial & PerformanceVodafone’s problem children: German remedial progress, Spain disowned, UK betroved, Italy seeks paramour
Vodafone Europe H1 FY23–24 insights, including Germany still needing to navigate TV exodus; regional organic growth; the happier story at remnant smaller markets; and more…
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Financial & PerformanceEgypt in the spotlight as Vodacom revenues rocket
H1 FY23–24: Vodafone Egypt consolidation sees Vodacom revenue rise by more than 40%, with data customer and financial services growth playing a part.
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Financial & PerformanceBT pensions deficit way down in face of oncoming headwinds
BTPS deficit down more than 50% as management express pleasure with progress towards full funding; de-risking also in full swing, likely of interest to potential investors/takeover bidders…
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Financial & PerformanceA clean break from a broken market: Vodafone CEO welcomes Spanish retreat
Margherita Della Valle uses further deterioration of Vodafone Spain performance to prop up claims of a strategic vision in action, but distancing the Group from one of its erstwhile ‘core four’ markets continues to reflect poorly on historic turnaround attempts.
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Financial & PerformanceVodacom adamant: no exits from DRC or Mozambique, unless market goes ‘wrong’
H1 FY23–24: CEO reiterates faith in ‘International’ OpCos, despite macro headwinds and pricing challenges — only “wrong” market structure would compel exits — as Egypt acquisition majorly rebalances business
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Financial & PerformanceTelefónica’s ‘Core Four’ concoct plan to address wholesale decline
Q3 FY23: Group seeks to leverage FibreCo spinoffs, defend against uncertain market conditions, and create new revenue streams to offset forecast wholesale revenue decline over next three years.
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Financial & PerformanceSoggier MNO spending dampens INWIT sales outlook
Italian TowerCo flags weak fixed wireless access demand and lower discretionary spend in an otherwise solid third quarter performance.