All Financial & Performance articles – Page 49
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Telefónica role in network-sharing coalition to be limited
Telefónica attempts to muscle in on Orange-Vodafone sharing deal prompts a revision of plans to protect synergies while minimising risk of regulatory interference.
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Suppliers & SCM
T-Mobile, Sprint merger impact on Ericsson
T-Mobile US suppliers note softness from Sprint merger delays.
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Customers Bancorp may pull rug from under T-Mobile MONEY
T-Mobile US partner Customers Bancorp provided further signals of a coming sale of its BankMobile digital division, which underpins the T-Mobile MONEY digital banking service launched by the NatCo in mid-2019.
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BT’s Q3 FY19 20: a long road ahead
Consumer continues to face greater competition Enterprise is still shedding legacy fixed-line revenue at a rate of knots Global is still beating a strategic retreat Openreach appears to be in reasonable health
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Business briefing: Selley keeps his eyes on the prize
Selley upbeat and future-focused as Openreach intensifies efforts to shed copper. Independence emphasised with ucstomer team driving efforts to create new markets, rather than purely follow BT Consumer’s lead. Experience and efficiency the foundations for Openreach plans to roll over emerging fibre rivals, and keep Virgin Media away from ...
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Simon Lowth buys 425,000 BT shares
BT CFO Simon Lowth and Mary Lowth purchased shares in BT Group to bring his total shareholding to 165% of salary.
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Strategy & Change
Vodafone Shared Services gets a facelift for digital era
Self-styled “Intelligent” division nods to shift towards automation and AI.
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Vodafone Idea loses out to Reliance Jio
VfI relinquished wireless subscriber leadership status in November 2019, according to the latest figures from the Telecommunications Regulatory Authority of India (TRAI)
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Vodafone savings not yet impacting African business
Vodafone’s drive to squeeze “industrial savings” out of tower infrastructure in Europe and India does not yet appear to have extended to its African footprint.
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T-Mobile US partner Quibi raises another $400m
TMUS mobile video partner Quibi raised another $400m in its latest round of investment. It also disclosed further details of the deal it announced with TMUS in late-2019.
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BT’s H1 FY19–20 divisional round up
BT is continuing its balancing act of underlining the importance of being competitive in retail markets while not being dragged downwards on pricing. Jansen appears ready to fight all comers, while Consumer Chief Executive Marc Allera spends more time emphasising building services that can justify charging a premium.
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BT’s H1 FY19–20: Jansen warns this might sting a little…
In-line performance, and commitments to keep building transformational momentum, but medicine may have short-term side effects. Fibre acceleration revving up, but uncertainty, both political and regulatory, acting as a brake. Lowth committed to prudence, but open to upping investment. Consumer getting more combative, Enterprise hoping to ride the waves ...
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Vodafone Group eyes the next billion (savings, not users)
Strategic taster for 2020s is — predictably — cost-focused. Germany and UK in firing line for €1bn savings push.
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Vodafone Group Q2 FY19-20: growth regained but few cylinders fully firing
Margin growth on repeat. Europe Region and enterprise spluttering. India shunted further from books.
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Vodafone Q2 FY19-20: Europe recovery drags at increasingly Germanic Region
Bulked-up Vodafone Germany now driving more than half of Europe Region cash flow, as other big OpCos’ struggle for form continues. Read’s commercial changes yet to ignite revival in Group’s core region. Drastic Spanish overhaul or exit still on cards. Group still to internalise Europe’s regulatory challenges.
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Suppliers & SCM
Vodafone Idea rallies the supplier troops
Mavenir, Nokia, Optiva, Red Hat, and TCS engaged via integration plan. CTO reasserts June 2020 deadline for accelerated programme.
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Vodafone Group Q2 FY19-20: Duo double down on reforms
Leadership reach for scalpel again; new savings plan in pipeline and asset sales remain high on agenda. Debt increase stresses diminishing cash wiggle-room; focus remains on cash flow improvement. Patchy Q2 trends: major OpCos spluttering, but Group inches back into growth.
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Vodafone Idea condition “critical” after €5bn blow
VfI under enormous financial pressure after DoT court victory. Further rumours of India exit; Vodafone describes them as “baseless”. Added doubts over VfI participation in upcoming spectrum auction.
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RoW-back goes on: retreat overhangs Vodafone's Q2 numbers
One-time bearer of Vodafone’s growth ambitions slowly fading away. Organisation set for major recalibration in 2020. Vodafone’s interest no longer appears to extend beyond Vodacom.