All Financial & Performance articles – Page 40
-
PremiumQ4 FY20–21 — Hot property Openreach unruffled as ever
Smoothly navigating fibre, pandemic and all-IP. Gearing up to steamroll the fibre landscape. Altnets seen taking great share of Openreach fibre.
-
PremiumQ4 FY20–21 — Global’s resilience sapped by pandemic
COVID-19 impact hitting more KPIs. Jansen and Lowth retain faith. Growth plans pinned on SD-WAN, managed security, and now 5G FWA.
-
OperationsVodafone banks on the Nile for flow of efficiencies
Group Annual Report sheds light on shared services transformation under the _VOIS division. Egypt emerges as the Group’s largest territory by headcount. CFO Della Valle points to _VOIS “role efficiencies” as it de-siloes, standardises, and harmonises operations.
-
PremiumQ1 FY21: final coronavirus quarter packs a punch
Spain and Germany OBs stabilise as first wave of coronavirus shocks works its way through results. Vivo displaying underlying strength, but currency fluctuations continue to turn positives to negative. With strong returns on falling revenue O2 UK bows out as a ‘core four’ market Hispam edges back into the ...
-
PremiumQ1 FY21: resilience building for slimmed down division
Telefónica upbeat on commercial performance in tough markets but contributions to Group coffers continue to shrink on weak currencies. Argentinian OB making a comeback. Mexican MVNO model yet to translate into improved financial performance. Chile and Colombia among the OBs seeing success with a pursuit of higher value customers. ...
-
Financial & PerformanceDT’s top team drops €4m on shares
Leadership puts money where its mouth is following ambitious mid-term strategy update. German operator seeking to boost T-Share perceptions and align with T-Mobile US’ rising valuation.
-
PremiumQ4 FY20–21: Vodacom turns to M&A to turbo-charge change
Fibre expansion back on as Vodacom steps up diversification plans. Operator negotiating potential strategic partnerships across infrastructure assets, as it develops own take on Vodafone’s leaner and lighter TechCo vision. South African group-within-a-group being offered greater freedom by Vodafone than increasingly tightly-controlled businesses in Europe. One question, as it ...
-
PeopleEx-Vodafone UK CEO talks up turnaround cred at Frontier
Nick Jeffery claims five-year stint as Vodafone UK CEO was unmitigated success. Top brass at Frontier Communications seem to agree and want Jeffery to work his magic at the US broadband service provider.
-
OperationsDT to halve real estate footprint in cost reduction drive
Group will shutter 50% of its German real estate in the period to December 2024. Expected net savings could reach €200m. Reflective of a “new way of working” at T-Systems and TDE.
-
Strategy & ChangeNemat maps out ‘hyperscaler-plus’ ambition
Group Head of Technology & Innovation uses Capital Markets Day presentation to frame DT as increasingly “hyperscaler-like” on speed-to-market. Addition of “telco-grade” voice and network security, argues Nemat, gives DT advantage over big tech. Exec lauds “superior production model” compared with European peers. Greater network automation presented as key ...
-
PremiumDT’s deal-maker Langheim studies his share options
The long journey to the top in the USA is not yet complete, but DT’s message is that patience is paying off and reiterates plans to take the number-one slot. European portfolio reshaping in pipeline, with Dutch “crown jewel” TMNL prepped for ownership rejig and carve-out of “kingmaker” tower ...
-
Strategy & ChangeGopalan puts Telekom on high fibre diet for FTTP gains
FTTP opportunities and cost burden unsurprisingly top of agenda at Capital Markets Day. New TDE Chief Executive unveils multi-faceted plan to free cash and resource for pivotal mega-project. FibreCo JV, vendor rejig, and bigger capex pot among plans to fuel FTTP “acceleration”.
-
Strategy & ChangeDeutsche Telekom: Capital Markets Day
Capital Markets Day presentations show Group continuing to flourish thanks to big, correct calls over last decade. Group seeks to boost T-Share perceptions and better align itself with T-Mobile US’ rising valuation. Leadership puts money where its mouth is with bulk share buyup following ambitious mid-term strategy update. Höttges ...
-
Strategy & ChangeLeroy not rocking boat with FY24 goals
New regional CEO Dominique Leroy marking predecessor Srini Gopalan’s homework, and gives it an ‘A’. Similar plan laid out for Europe in next cycle, to maintain modest forward movement in revenue and earnings through service quality and efficiency improvement. Centralisation and cloudification of systems key targets in segment’s “next ...
-
PremiumT-Systems turnaround match goes to a replay
Patience again called for as T-Sys presents COVID-19-afflicted medium-term figures. Chief Al-Saleh wins postponement of positive cash flow target to FY23 as he seeks to realign T-Sys for new normal. More cost cuts coming in IT, infrastructure, and staff as T-Sys seeks to meet expanded savings target. DT wants ...
-
PremiumDT looks forward to big payday from US “racehorse”
Praise and pragmatism for American powerhouse at Capital Markets Day. No clues on timing for securing NatCo majority, but Group not in a hurry. New twist in relationship as NatCo and Group collaborate on B2B services. “Trans-Atlantic synergies” boost TMUS enterprise plan. Sprint International assets left hanging amid B2B ...
-
PremiumQ4 FY20–21: Vodafone Group goes off thrift script in Read ‘phase two’
FY20–21 presentation sees reins eased off investment, but to an unknown degree, and with a focus on select target areas within leadership’s comfort zone. Increasingly dominant German operations to get a capex boost, along with ever-expanding central functions. Announcement of strategy tweak falls on stony ground, with City appearing ...
-
PremiumQ4 FY20–21: Vodafone Group lines up for NextGenerationEU subs
Leadership pins hopes on European Union twelve-figure cash injection to breathe new life into troubled Mediterranean markets. Group prepping its own capex uplift in tandem with EU’s, but focus is primarily on German ‘safe zone’. While operator is positive on European prospects, little is offered to convince underlying market ...
-
PremiumVodafone Q4 FY20–21 headlines: footing regained and Group ready for climb
Top execs keen to portray Vodafone as ready for bounce-back. Top-line recovery remains Africa- and Germany-centric. Signs domination of efficiency drives may have run course and revenue base needs a boost.
-
PremiumVodafone Q4 FY20–21 guidance: capex bill causes pushback
Group opens up with medium-term growth commitments. However, City analysts appear irked by cash flow uncertainties stemming from spend to fuel that growth.