All Financial & Performance articles – Page 12
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Financial & Performance
‘Over-delivering’ Telefónica Tech inches towards €3bn sales goal
B2B digital services unit completes another strong year amid receding M&A-based growth.
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Financial & Performance
Telefónica Infra moves closer to 30m full-fibre target
Spanish group reaffirms aim to pass over 100 million homes with fibre networks by 2026, helped by growing portfolio of specialist side-businesses.
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Suppliers & SCM
Vodafone video surveillance partner Digital Barriers not rattled by revenue drop, bigger loss
UK-based video surveillance scaleup stood by “positive” long-term growth prospects as it reported significant revenue decline and a bigger loss for fiscal year ending 31 March 2023.
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Financial & Performance
Vivo affirms loyalty payback of ‘beyond telco’ strategy
Brazilian operator’s Chief Executive Christian Gebara pledges to continue widening portfolio of non-telco services in areas such as health, energy, consumer electronics, and lending.
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Financial & Performance
Telefónica Hispam points finger at Peru after FY23 earnings dip
Hispam unit soldiers on with asset-light model, although FY23 sees an unwelcome dip in figures…
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Strategy & Change
Cellnex to carve out (and possibly monetise) land assets
Spanish group outlines plan to create the “biggest LandCo in Europe” as part of cash flow-focused strategy update.
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Financial & Performance
TPG accelerates simplification, but infra stutters make for a bumpy ride
Australian operator posts progress on modernisation and simplification in FY23, and tees up more product and systems culls for FY24. Attempts to rationalise TPG’s physical infrastructure portfolio, though, have proved difficult…
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Strategy & Change
Vi attempts to convince investors with massive fundraise plan
Vodafone’s Indian JV makes progress on fundraising plans at long last, but questions remain about debt and dues as deadlines loom. Is INR 450bn/£4.3bn/€5bn enough to recuperate the flailing operator?
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Network & Infrastructure
Greece’s OTE seeks to ramp fibre footprint and sales
Greek incumbent aims for an acceleration in FTTP rollout in 2024 as it moves closer to headline three million homes passed target.
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M&A
Hrvatski Telekom ‘diligently assessing’ regional M&A possibilities
Croatian operator’s management remains keen on fashioning it into a regional telco/IT business, saying dealmaking opportunities are being monitored.
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Financial & Performance
Three more years for Magyar Telekom CEO Tibor Rékasi
Deutsche Telekom rewards boss for resilient FY23 performance of Hungarian NatCo and navigation of recent rough political and economic terrain.
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M&A
DigitalBridge sees ‘pretty hot’ multiples driving more infra investor M&A
International fibre, tower, and data centre investment group has ‘ideas’ up its sleeve to ride new wave of consolidation in the digital infra asset manager space.
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Financial & Performance
O2 Germany targets market share, B2B to fill 1&1 hole — executional risk apparent
FY23: All-hands reboot to address hit from losing 1&1 to Vodafone — now chasing consumer volume plus booming B2B. Families targeted for economies of scale. Dividend parked while in recovery position, despite FY23 strength.
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Suppliers & SCM
EuroTeleSites switches to Sitetracker in bid for efficiency boost
A1 Telekom Austria spinout plans to complete migration of asset management software to a new, “state of the art” platform by the end of 2024.
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Weekly Briefings
Vodafonewatch Weekly: security concerns allayed as e& beds in
Latest from Vodafone and its ecosystem as TelcoTitans Q3 deep dive finds reasons for concern (M&A mire) and hope (Vodacom, UK, business, smaller OpCos); Ericsson deals may place it well for RAN mega-tender; e& tie-up marches on despite sovereignty siren; more…
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Financial & Performance
Virgin Media O2 rejigs spend plan and strategy as well of merger gains starts to dry up
UK operator seeks to put more fuel in its earnings tank through ‘incremental’ investments in customer experience, digital, fibre sales, and new products this year. Move comes amid wider, dramatic refresh of VM O2 business with the operator kicking off process of NetCo-ServCo split.
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Weekly Briefings
BTwatch Weekly: networks in focus as Ericsson steps up, Huawei steps out
Latest from BT and its ecosystem as 5G networks take centre stage: slicing and standalone with Ericsson, Qualcomm; a Huawei rip-and-replace status update; API standardisation to draw down untapped 5G value; plus much more across the Group…
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Financial & Performance
Vodafone Q3 in-depth: ‘underlying’ growth supports organic revenue boost
M&A impacts reported figures but organic growth is maintained, prompting optimism among management; questions remain at OpCo level in several markets; Business is good and set to benefit from partnerships…
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Financial & Performance
Vodafone Q3 overview: CEO attempts to re-assure following M&A setbacks
Progress is painful but Margherita Della Valle remains upbeat on prospects. M&A stumbles aside, Germany headed for houses of horror, UK provides uplift, and Africa remains bright spot.
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Financial & Performance
Vodafone Q3: capex review finds no need for change, outlook on track
CFO Luka Mucic six months into his capex review (and counting), with nothing found yet to force a change to capital intensity levels; Group remains on track to hit FY expectations…