Financial & Performance – Page 54
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PremiumVodafone Group awarded compensation from the UK Government
Vodafone received £740,000 in costs, after UK Government’s error assessing bids.
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PremiumVodafone Idea looking to close M-PESA payments platform
VfI hinted at plans to close M-PESA payments platform, after booking hefty impairment charge.
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Public AffairsVodafone Hutchinson Australia fined for misleading billing service
VHA admitted it had made false or misleading representations about its third-party direct carrier billing service, agreeing to refund customers.
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Products & ServicesVodacom South Africa launches m-payment offering
VdSA collaborated with MasterCard to create VodaPay Masterpass.
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PremiumVodafone Ghana and Zenith Bank begin mobile financial services partnership
VfGh and Zenith Bank begin partnership to offer mobile financial services.
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Suppliers & SCMTDE likely suspect as Adtran trims revenue guidance
Supplier anticipates revenue dip after ‘European tier-one’ customer tightens purse strings.
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PremiumH1 FY19: confident Telefónica cruising on
Telefónica on track for year, with management confident long-running strategy is beginning to pay off. Revenue and profit growing organically, but change in accounting standards may be flattering numbers. Operating costs floating up on digital transformation projects and to fuel the value-add commercial strategy. Latin America enterprise business growing ...
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Public AffairsNAO signals headwinds for ESN
New report from the National Audit Office (NAO) highlights further risks with the Emergency Services Network (ESN), but BT/EE on track. The Home Office subsequently extended the ESN contract with Motorola Solutions to include the Kodiak push-to-talk (PTT) product for critical communications with front-line staff.
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PremiumBT consumer plans to increase prices
The media widely flagged BT Consumer plans to increase prices for its BT TV and BT Sport services by up to 67% from the end of July 2019.
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PremiumBT Group confirmed agreement to sell headquarters in St Paul’s, London
BT Group confirmed that it has agreed the £209.5m sale of its headquarters (HQ) building in St Paul’s, London.
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Strategy & ChangeJansen pitches share ownership to shift BT Group culture
A new scheme aims to award £500-a-year in shares to each of the Group’s 100,000 employees, as Jansen encourages cultural change at BT.
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PremiumGovernment releases £40m more for 5G trials
Latest £40m for 5G use case development applied to logistics and manufacturing. DCMS also flags promises of simpler planning, and more spectrum, although plans remain vague. Operators still waiting for clarity on government’s 5G supplier review.
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PremiumMany potential buyers for BT Ireland
A number of companies are considering bidding for BT Ireland after the unit was recently put up for sale, according to reports, with indications that the process has moved beyond first-round bids. The business was said to have been put up for sale at €400m (£358m), although sources expect ...
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PremiumTelefónica financial roundup, July 2019
Norway increases stake in Telefónica. KPN completes offload of Telefónica stake.
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Strategy & ChangeOTE Chairman: “all options” being explored in Romania
Growing mix of fiscal, regulatory, and competitive difficulties looks to have made Group’s sceptical towards Telekom Romania’s prospects.
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PremiumDeutsche Telekom People Moves, June 2019
36 key people moves tracked and analysed. Bohle takes over delicate privacy role from Kremer.
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PremiumTelefónica management update: Q1 FY19
Revenue growth strong across the Group, but underlying weakness emerges in profitability. Digitalisation can now be considered the norm across the Group, and creating new growth opportunities. Convergence demand getting hot in most markets, but with UK said to be an exception. Capital expenditure remains significant as long-term benefits ...
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Venturing & InvestmentsTelefónica acquisitions and disposals: May 2019
Telefónica continues trimming its asset base to bolster efficiency and return-on-capital through the sale of physical data sites. Long-term tenancy agreements in place, and Telefónica promises business-as-usual for its cloud services.
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PremiumVodafone Q4 FY18-19 spend: offset on track
With well drying up and 5G costs rising, leverage reduction is focus for “next few years”. Opex savings plan ahead of schedule, says Della Valle. Fibre splurge looks over, with capex reins kept on tight.
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PremiumVodafone Q4 FY18-19 headlines: headwinds and data fog
Little cause for cheer in top-line trends.