All Financial & Performance articles – Page 46
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Strategy & ChangeServices at the core of enigmatic Telefónica Tech
Beyond the big talk about Telefónica Tech, associated revenue remains modest, and growth not immune to pandemic impacts.
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Strategy & ChangeQ2 FY20: Group discussing yet another T-Systems reorg
Enterprise unit buffeted by coronavirus headwinds in Q2. CFO Illek indicates that T-Sys transformation process will have to be accelerated.
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Suppliers & SCMISS hit in pocket by deal execution setbacks
DT’s FM partner reassures over future profitability of Group contract, despite series of setbacks relating to COVID-19 and IT security.
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PremiumDeutsche Telekom Q2 FY20
Super-sized by Sprint deal, Group now dwarfs European competitors in terms of sales, spend — and debt. Management attention now firmly on European puzzles that have sat unsolved for years, including teaser of pro-investment regulations. Switch-around of Europe-side executives could bring in fresh ideas and approaches to key strategic ...
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Suppliers & SCMAtento eyes renewed Telefónica relationship
Former Group subsidiary indicates it is discussing a refresh of partnership. COVID-19 takes a toll on Atento Q2 revenue.
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Strategy & ChangeVodafone puts over €1bn of projects in green basket
Group’s interest in chasing Green Bonds shows opportunities for suppliers and partners that can link their products and services to energy and emissions goals. Vodafone’s healthy pipeline of projects boosted by inclusion of older network upgrades, including single RAN deployment. Ongoing efficiency focus likely to ensure the Green Bond ...
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Strategy & ChangeBT steps up SME defence as it awaits insolvency tsunami
BT Enterprise’s Q1 FY20–21 performance shows a business briefly hollowed out, and anticipating further blows as it begins its recovery. Small Business Support Scheme is promoting ultrafast vouchers, bursaries and training in the hope of softening the impact of the pandemic recession. DCMS-backed scheme once again shows BT ready ...
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PremiumQ2 FY20 first take: Telefónica distracts as reality bites
Another social pact unveiled as COVID-19 and currency falls combine to wipe €1.5bn off reported revenue, and shred profitability. Cash generation a priority as strict — and seemingly permanent — spending and investment restrictions are put in place. Telefónica Infra ambition emerging as plans for new wholesale fibre networks ...
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M&ASpanish altnet MÁSMÓVIL hits takeover turbulence
Activist investor tries to foil private equity buyout.
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Financial & PerformanceJio turns into Vodafone Idea’s worst digital nightmare
Massive Google investment underscores both Jio’s domination and its ambition to develop wide range of popular digital services. Who’s Who of foreign investors, which includes digital-savvy Facebook, now accounts for nearly a third of Jio Platform equity. Vodafone’s long-term outlook in India looks even more perilous than before, after ...
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PremiumFitch gives Vivo AAA-grade
Fitch recognises Vivo’s business model with triple-A rating despite the COVID-19 effect.
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Financial & PerformanceONS data errors reshape UK telecoms landscape
The Office for National Statistics new methods marks change for the past 20 years’ price decline, but promise more accurate inflation and GDP readings. Change backs telcos’ claims that they are meeting demands of ‘more for less’ in tougher circumstances than assumed.
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PremiumBT to face bona fide converged challenge from VM–O2
Liberty Global and Telefónica Group creating a UK “connectivity champion” that will leapfrog Sky to become a close second competitor to BT Group. BT confident in its lead in the convergence race, and upbeat on consolidation opportunities, but Spanish fibre know-how and comparable digital portfolio could present new threat. ...
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PremiumBT FY19–20: Looking on the bright side with new transformation plan
A new five-year plan, building on the transformation programme introduced in May 2018 was heralded by the Group.
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PremiumBT FY19–20: Fibre target raised — in theory…
BT is upping the target for full-fibre to 20 million premises passed by the ‘mid- to late-2020s’.
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PremiumBT FY19–20: SME coronavirus pain hits BT early
BT did not overly dwell on the impact of the Coronavirus crisis, highlighting areas where it has assisted, as well as where it has benefited and sees potential opportunities.
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PremiumBT FY19–20: Headline results reflect the ‘old normal’…
BT presented its headline financials as having been on track, COVID-19 crisis excepted. On an ‘adjusted’ basis, revenue and EBITDA were each down around 3% for the FY.
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PremiumBT FY19–20: Jansen leading through the gloom
Managed services revenue slumps at Global, while mobile fails to prove itself a panacea across corporate divisions. Guidance for the year largely achieved, but post-COVID-19 uncertainty prompts Group to hold off on future forecasts. Transformation ambitions uprated on internal IT overhaul and redoubled commitment to invest in next-generation networks, ...
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PremiumDT Group Q1 FY20: Höttges calls post-lockdown power-play
Upbeat executives comfortable enough to keep guidance and dividend unchanged, despite some COVID-19 impact on B2B projects and consumer sales. Typically energetic Höttges gets pro-active in post-COVID-19 politics, positioning DT as key enabler for socio-economic recovery and dismissing cable rivals’ broadband platform as illusory. Messages differ across Atlantic, with ...
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PremiumDT Group Q1 FY20 outlook: zero-touched
Display of strength extends to DT’s decision to leave guidance unchanged.