Financial & Performance – Page 23
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PremiumTDE cruises to targets despite FY22 turbulence
NatCo shrugs off difficult macro picture with decent sales and earnings growth.
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PremiumDT Q4 FY22/FY22 headlines: targets hit in choppy waters
TMUS’ strong performance (and dollar denomination) extends DT’s earnings growth run.
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PremiumDT Q4 FY22/FY22 spend: DT flags cost ‘progress required’, but unflustered
Group indicates flagship four-year indirect expense reduction programme is behind schedule.
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PremiumQ4 FY22/FY22: DT ends variable year in predictably solid fashion
Group stays on course in “very complex” twelve months, maintaining growth on key financial metrics.
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PremiumVodafone Italy to axe almost 20% of workforce, says union
About 1,000 employees said to be at risk of redundancy at Italian operator, which has seen headcount steadily decline in recent years.
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PremiumElsewhere in Vodafone Group: CTO Petty trumpets savings from digitalisation
CTO Petty trumpets capex and opex savings from digitalisation.
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M&AINWIT flags ‘pipeline’ of potential M&A add-ons
TowerCo boss caveats that any deal-making will be local, small scale, and funded by organic capex.
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PremiumVodafone Spain preps network sell‑off
Bankers appointed to handle bids for OpCo’s fixed assets, as investors weigh options on infrastructure bets against a backdrop of limited funding availability.
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PremiumBT’s buying rethink adds to arsenal for inflation fight
Work of new procurement finance team at BT said to have provided an important buffer against the impact of escalating inflation.
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PremiumInvestors kick Cellnex tyres; management ‘open’ to minority sales
Spanish group could bring financial partners into its country businesses, in a bid to speed up push towards financial stability.
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PremiumElsewhere in Deutsche Telekom Group: DT sees brand value increase again
DT sees brand value increase again
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PremiumTelefónica’s home security JV remains in growth — but in red, too
Operator’s connected alarm and monitoring venture with Prosegur continues to see strong uptake, growing user base at double-digit rates in FY22.
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Financial & PerformanceTelefónica FY22: foundations ready, vision to follow
No surprises as the Group rounds off year hitting targets as expected and promising steady future progress. Little indication given of future strategy evolution, but a focus on opening infrastructure and network-as-a-service looks set to feature strongly. Consolidation the talk of the analyst call, with altnets on radar and ...
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PremiumHöttges claims 1&1 has ‘lost eligibility’ for auction participation
DT CEO hits out at challenger 1&1 arguing it has “lost the eligibility for participating in an auction” after limited coverage increases.
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PremiumElsewhere in BT Group: BT launches tender offers worth £2.18bn
BT launches tender offers worth £2.18bn following disappointing results
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PremiumBT Q3 FY22–23 headlines: big picture positives, details remain devilish
Q3 seen to support BT’s upward trend, building towards an overall good FY defined by major strategic moves.
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PremiumBT Q3 FY22–23 spend: work ‘unwind’ means FY will come good
Heavy 9M spend set to be levelled out by drop‑off in Q4
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PremiumBT Q3 FY22–23 guidance: finishing with a flourish
BT on track, with heavy weight of burden on Q4 to pull the Group up to targets.
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PremiumOrange questions sell off of Europe’s ‘critical’ infra
CEO Christel Heydemann wants to keep hold of tower business TOTEM, citing strategic and political concerns around majority sales of infrastructure assets.
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PremiumVi grapples with losses, debt after equity conversion completes
Indian government now owns about 33% of JV.