All Financial & Performance articles – Page 25
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Premium
Orange 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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Premium
Amdocs 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 & Performance
Revenue 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 & Performance
Arqit downs satellite tools after hyperscaler deals
UK-based quantum specialist steps back from hardware as software proves superior.
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Public Affairs
Spain ‘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 & SCM
T-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 & Alliances
T-Mobile taps Salesforce for ‘next-generation’ CX vision
Salesforce flags ‘transformational’ deal signing.
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People
Vodafone 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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Operations
Telecoms pay falling behind inflation despite union efforts
Workers’ wages growing slower than inflation, even with recent pay hike successes.
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Strategy & Change
BT 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 & Infrastructure
Openreach 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 & Alliances
M-KOPA lands debt finance from IFC
Safaricom energy financing partner secures $50m loan to pursue expansion in Kenya.
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Premium
Vodafone 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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Vodafone 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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Vodafone 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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Premium
Vodafone 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.
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Suppliers & SCM
Mitie extends Vodafone deal, sets sights on telecoms growth
Five years added to Vodafone UK facilities management contract, with the operator named a “top-ten” customer.
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Premium
Boomtime for 5G in India, but Vi still lags
Airtel attracts more than one million 5G users in fewer than 30 days since launch; Jio up and running in 12 cities.
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M&A
Dealmaker Cellnex shifts to ‘stability’ in more turbulent times
”Unconditional” pursuit of investment grade status now the current driver of Cellnex strategy, enabling stronger shareholder returns and more options for expansion post-2024.
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Financial & Performance
Vodacom plans twin-track African infra expansion
CEO indicates wireline infra relationship with CIVH could be extended beyond bounds of South Africa.