All Financial & Performance articles – Page 50
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PremiumVodafone Hutchison Australia axes 150 jobs
Australian joint venture axes call centre jobs, citing 5G rollout costs and regulatory obstacles.
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PremiumDeutsche Telekom gets Sprint stress headache, takes dividend pill
Group boasts of “record” Q3 results, but numbers shadowed by strategic and operational challenges. Dividend trimmed to keep spend taps flowing and offset US and balance sheet pressures. Capex guidance raised. German broadband “softness” tackled. Leadership looks forward to All-IP completion for German go-to-market. Romanian difficulties continue: “all possibilities” ...
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PremiumVilá quietly confident in Telefónica’s steady progress
Organic growth in key metrics puts Group broadly on track to hit guidance for the year, although Mexico a drag. Management maintaining focus beyond near-term for 5G and digital transformation. Services beyond connectivity slowly feeding MNC growth.
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Public AffairsLabour promises nationalised free broadband for all — BTwatch’s first take
Considerable speculation and debate on the future of UK communications infrastructure and the sector was sparked by a new Labour Party policy. In its Manifesto for the upcoming UK General Election, Labour is committing to the nationalisation of major elements of BT Group that relate to the provision of ...
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PremiumT-Systems retains UK outpost, despite challenges
Descent into loss blamed on contract and organisational restructuring. Questions pervade over management’s true interest in UK market.
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PremiumBT Group financial reports roundup, October 2019
Credit Suisse reiterated its “outperform” rating for BT Group. Woodford Equity Fund reported that it had acquired a 1.4% stake in BT Group. Berenberg noted the low valuation on BT Group, based on its current share price. Group CEO Jansen bought 584,000 shares in the telco during mid-September 2019. ...
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PremiumBT Group glad-hands investors as share pressure remains
While revised strategy plans for the UK were still bubbling, BT faced a tricky summer with a dwindling share price and investor concerns over operational challenges.
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PremiumAxiros enlisted for T-Mobile’s push on home front
Connected-home angle to TMPL’s fibre broadband expansion drive.
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PremiumHrvatski Telekom shepherds Europe TV discovery reset
PANNET still alive and kicking after recalibration of objectives.
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Strategy & ChangeTelefónica accelerates transformation as market worries
Accelerated transformation unveiled to ease investor worries prompted by Latin American turbulence and uncertainty on prospect of profit from digital transformation. Mast monetisation expected to provide €360m profit boost, with action to be taken within coming year. While Telxius expansion a clear path to raising funds, other options are ...
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PremiumCarphone sues Telefónica UK over £21.7m shortfall in profits
Retailer alleges O2 backtracking on promotions hobbled potential to hit lucrative sales targets. O2 “vigorously defending” itself against action in High Court.
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PremiumO2 Germany’s update on LTE sites
Telefónica Deutschland reveals how many new LTE sites have been activated so far in 2019.
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Strategy & ChangeMexico gets new CEO as Telefónica Group drives on
Prospect of a Telefónica Mexico sale recedes as a new CEO is introduced with a brief to reenergise the stagnating operating business. Aya is a Telefónica Colombia veteran with experience in developing innovative commercial offerings in pursuit of a convergence customer base.
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Strategy & ChangeTelefónica Chile’s headquarters up for sale
Telefónica Chile has put its Santiago headquarters on the market.
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Strategy & ChangeTelefónica continues its exit from Central America
Telefónica Group completed the divestment of its interests in three of its central American operating businesses, in Guatemala, Nicaragua, and Panama, for $1.4bn (€1.3bn).
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Strategy & ChangeVodacom Group attempting to combat vandalism problem
Each year, as many as 500 of Vodacom’s South African sites are damaged.
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PremiumVodafone Idea partners feel squeeze from merger meld
Signs of tech vendor challenges and frustration in converting sales. Broader operator downturn exacerbating difficulties.
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PremiumVodafone’s Spanish wireline could be next asset on block
Vodafone Spain quietly testing demand for fixed-line infrastructure. Possible follow-up to Orange and Másmóvil fibre-sharing deals.
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PremiumBT Group fined for regulatory accounts errors
BT Group was ordered to pay £3.7m by regulator Ofcom as a result of errors in its regulatory accounts for the years 2011-15. The errors had led to the telco paying lower administration fees between 2011 and 2015.
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PremiumBT Group denied appeal permission by the UK Supreme Court
The UK Supreme Court denied BT Group permission to appeal an earlier ruling from the country’s Court of Appeal that prevented the telco from swapping the inflationary measure used in relation to a legacy tranche of its pension liabilities (BTwatch, #301).