Financial & Performance – Page 15
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PremiumT-Mobile boasts consumer strength, targets switchers
Preliminary Q4 results indicate strong FY22 for T-Mobile, with “record high” and “industry best” contract net adds.
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Venturing & InvestmentsVi equity conversion requires further Vodafone funding
Local reports indicate that Vodafone and Aditya Birla’s planned investments fall short of government expectations.
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PremiumElsewhere in Group: CriteriaCaixa increases Telefónica stakeholding
CriteriaCaixa increases Telefónica stakeholding
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PremiumYouView losses mount as JV ups product spend
BT-backed TV platform joint venture flags another uptick in R&D investment in bid to compete with streaming giants. Key shareholder funders BT and TalkTalk up lending to more than £100m.
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PremiumOrange finance chief Fernandez exits
Ramon Fernandez, CEO for Finance, Performance & Development, will leave in 2023 after finalising Group’s strategic plan.
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PremiumAmdocs shows ‘love’ for TMUS as second-largest customer
US NatCo accounted for 20% of vendor’s revenue in FY21–22.
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Financial & PerformanceRevenue flat at UK telcos’ M&A sherpa
Robey Warshaw sees slight dip in takings despite recruitment of former UK Chancellor George Osborne.
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Financial & PerformanceArqit downs satellite tools after hyperscaler deals
UK-based quantum specialist steps back from hardware as software proves superior.
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Public AffairsSpain ‘to extend’ Telefónica shield as macro headwinds build
Reports suggest the ‘anti-takeover’ shield could be extended to end-2023.
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Suppliers & SCMT-Mobile VoIP buddy Ooma tees up growth to come
AirDial reselling deal expected to boost growth at Silicon Valley vendor.
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Partnerships & AlliancesT-Mobile taps Salesforce for ‘next-generation’ CX vision
Salesforce flags ‘transformational’ deal signing.
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PeopleVodafone begins search for new CEO after Read steps down
Look to recent board additions for likely profile of sucessor – more growth, more 21st century, more dynamic, less-insider.
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OperationsTelecoms pay falling behind inflation despite union efforts
Workers’ wages growing slower than inflation, even with recent pay hike successes.
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Strategy & ChangeBT targets overlap with potential Enterprise–Global merger
BT aims to find efficiencies in B2B divisions as part of wider cost savings.
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Network & InfrastructureOpenreach reworks fibre building contracts for better “bang for its buck”
Reports suggest renewed focus on near-term project completion at expense of long-term supplier contracts.
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Partnerships & AlliancesM-KOPA lands debt finance from IFC
Safaricom energy financing partner secures $50m loan to pursue expansion in Kenya.
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PremiumVodafone Q2 FY22-23 Headlines: macro and micro trends bite into profit
Revenue picture mixed, with strength in UK, Ireland, and Portugal but ongoing weakness in Germany, Italy, and Spain.
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PremiumVodafone Q2 FY22-23 Spend: Della Valle looks for another billion behind sofa
Updated cost-cutting programme targets “€1bn+” in efficiencies over three years, although only net of inflation.
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PremiumVodafone Q2 FY22-23 Guidance: Outlook puts Read’s Plan A in deep freeze
A reeling Vodafone scales back earnings and cash flow guidance.
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PremiumVodafone Q2 FY22–23: Read signs off after turbulent final quarter
Flaky Q3 results and reduced guidance pave way for CEO Read to depart Vodafone after just over four years at helm.