All Financial & Performance articles – Page 34
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PremiumDT Q3 FY22 guidance: ten-figure cash ambition still on
US surge drives third successive quarter of uprated forecasts and affirmation of aim to hit €10bn in free cash flow for first time.
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Public AffairsPassports returned to DRC operator execs after new tax agreements
Executives from Vodacom DRC and its peers will be allowed to travel after agreeing to new tax law.
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PremiumDT Q3 FY22 spend: fibre build gets into gear
DT justifies confidence on FTTP capacity ramp-up, delivering more homes passed in Q3 than previous two quarters combined.
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Strategy & ChangeVivo makes ESG linked remuneration overhaul
New reward plan to support retention of key executives, incorporating ESG measures.
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M&AINWIT boss: time not right for M&A
High cost of borrowing means new management taking “cautious approach” to consolidation.
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Products & ServicesVivo talks up fintech’s potential to boost margin
Chief Executive Christian Gebara highlights the operator is scaling up its lending business in bid to improve user retention and lifetime value.
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Strategy & ChangeArch Summit 2022: Read’s ‘clear plan’ for sector’s four-dimensional crisis
Vodafone CEO cites need for rebalancing costs.
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Strategy & ChangeCEO: Safaricom to keep Ethiopia control as IFC lines up stake
Peter Ndegwa tells local media that Safaricom will remain a majority owner of new Ethiopian venture despite pending capital injection by International Finance Corporation.
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Financial & PerformanceBT to face continued BT Sport losses, despite new JV
New joint venture with Discovery estimated to reduce Group revenue by £300m−£350m for FY22−23, with £500m−£600m cut from future FYs.
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Strategy & ChangeTelefónica plotting new strategy as macro headwinds bite
Group reportedly calls in McKinsey to overhaul strategic plans.
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PremiumOoma hopeful on T-Mobile FWA success
VoIP vendor references “great” TMUS partnership in positive results round.
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Financial & PerformanceTesco Mobile gets momentum back
UK MVNO giant highlights plans for reorg of teams, shops, and ways of working as it reports a return to growth following pandemic.
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Special ReportDeep dive: Vivo sets example for Telefónica peers on fibre-focused growth
Vivo presented to investors as market leader on digital in a fast-growing, young country.
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Strategy & ChangeOTE targets facilities savings in ongoing revamp
Facility and Space Management business to be transferred to OTE Estate.
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Venturing & InvestmentsDT interest Community Fibre secures another billion in funding
FTTP altnet backed by BT shareholder gains cash for next rollout phase.
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Public AffairsTelefónica España facing ‘sharp rise’ in salaries
Spanish operator’s wage structure reportedly forces it to match inflation.
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OperationsMore cutbacks reported at T-Systems’ UK arm
Deutsche Telekom’s UK enterprise IT unit sees headcount dwindle further, to a quarter of where it was five years ago.
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Products & ServicesM-PESA leads growth in real time A2A transactions
Account‑to‑account payments now make up 72% of total transactions in Kenya.
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Financial & PerformanceCaixaBank rejigs stake in Telefónica
CaixaBank reduces holding in Telefónica to 3.49%, reportedly netting it a €40m capital gain.
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OperationsVi ‘seeks flexibility’ as Indus threatens to turn off lights
Struggling joint venture discussing “softer payment terms”.