Headlines – Page 52
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Public AffairsUnion demands 12% wage hike at Deutsche Telekom
Negotiations on 2024 collective wage agreement likely to run until May, if not longer.
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PeopleEx-BT CEO Patterson takes chair of edtech company Kahoot
Gavin Patterson named Chair of new Board of Directors at recently privatised online learning platform company Kahoot.
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Network & InfrastructureVirgin Media O2 trials cabinet-powered 5G ‘smart poles’
Collaboration with Liberty Global and VoltServer sees operator leverage fibre assets to power UK mobile infrastructure. Accelerated deployment, lower costs, and additional monetisation opportunities flagged as key benefits, with “limited” expansion of ‘smart poles’ on the horizon…
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Financial & PerformanceDeutsche Telekom hits milestone in Systems reset
Group’s challenged enterprise IT division finally got back into positive cash flow territory in FY23, following a major portfolio overhaul by ex-CEO Adel Al-Saleh.
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Financial & PerformanceTelefónica FY23: Group fuels up for GPS-guided journey
Operator closes out the year meeting its targets, with CEO Álvarez-Pallete saying foundations are now in place to “comfortably” achieve three-year strategic vision laid out in late-2023.
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Financial & PerformanceTelefónica FY23 Spend: operator makes room for free cash flow
Operator details plan to further reduce capital intensity with reduced capex and continuing to drive efficiencies.
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Financial & PerformanceTelefónica FY23 Guidance: Group gets en route to meet strategic goals
FY24 guidance aligns with GPS’ onus on capex reduction and efficiency.
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Financial & PerformanceTelefónica FY23 Headlines: solid growth achieved
Increases in revenue, OIBDA, and free cash flow presented as a “solid foundation” for Group to spring forwards into fresh strategic cycle.
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Network & InfrastructureT-Mobile US ‘planning fibre JV’ with EQT’s Lumos
Handelsblatt report suggests US NatCo plans to invest at least $1bn in new venture.
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PeopleBT Peoplewatch: data, AI, cybersec, Adastral in the spotlight
March 2024 update: high-profile moves include data and AI changes at Digital and Etc., finance leadership swaps in India, new Data Services CTO and cybersec alliances lead at Business; inaugural Fellows and Adastral reset within Tech…
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Financial & PerformanceHelios swaps land-grab for lease-grab in strategy refresh
Middle East and Africa tower group makes a change-up of headline KPIs after shifting away from M&A-based expansion of tower footprint.
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PeopleEssam on the rise as Vodafone shuffles exec deck
CEO changes in the UK and Germany to reflect changed shape of Group operations, European markets relegated under Ahmed Essam remit, Serpil Timuray steps into Investments posting…
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M&AVodafone’s Della Valle claims retrenchment is complete after Italian sale confirmed
CEO Margherita Della Valle has declared the Group’s Italy retreat to be the ‘final step’ of her right-sizing campaign, leaving it smaller but purportedly ready to chase growth in markets that matter. Deal prompts wholesale structural change stretching beyond Europe — ExCo swaps, B2B priorities, shared services overhaul — but Vodafone is left a far cry from its former superpower status…
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Financial & PerformanceIHS Towers hires advisers to assess ‘strategic alternatives’
Tower group’s annual results this week sees chief executive highlight initiation of a strategic review of its business, amid share price slump.
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Partnerships & AlliancesTelefónica ‘in talks’ for Orange-MÁSMÓVIL fixed access deal
Refreshed mutual infra relationship under discussion ahead of major Spanish telco merger, with rural fibre rollout side-deal also on table. New accord could help Telefónica counter forecasted wholesale challenges…
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Network & InfrastructureDeutsche Telekom wades into ‘trench warfare’ over fibre duct access
Group continues to refute accusations it is trying to hinder altnet fibre buildouts.
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Financial & Performance‘Over-delivering’ Telefónica Tech inches towards €3bn sales goal
B2B digital services unit completes another strong year amid receding M&A-based growth.
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M&ACityFibre ignites M&A plan with Lit Fibre buy
Altnet lights M&A touchpaper with Lit Fibre deal, expands FTTP footprint and brings in Newlight Partners as minority investor. More to come from CityFibre soon…
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Strategy & ChangeAdastral Park: BT R&D hub shifts leadership, strategy as Networks takes precedence
Suffolk network, technology, and research campus being moved under wing of lead tenant Networks, said to reflect evolving strategy under CSNO Howard Watson and CNO Greg McCall. Adastral has been undergoing changes, but BT assures it remains ‘critical’…
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Strategy & ChangeDeutsche Telekom’s API supremo outlines first steps of journey
Having debuted two network APIs in its home market, DT indicates a third is imminent.