Headlines – Page 10
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Financial & Performance
Vodafone CFO mucks in as Germany braces for tenant law impact
Q3 FY23–24: Luka Mucic, Vodafone’s Group Chief Financial Officer, joins door-to-door user retention drive in reflection of Group concern over expected hit to German broadband/TV base from regulatory update.
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People
Vantage Towers brings in CIO to manage ‘Group-wide’ IT refresh
Vantage Towers nabs Tobias Steinig from DEKRA, with newly appointed CIO set to further work on IT standardisation and efficiencies drive at Vodafone tower spinout.
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Interview
Freedom Fibre CEO sees VX merger adding investment muscle for UK M&A
With InfraBridge as its new controlling shareholder, Freedom Fibre will come into investor giant DigitalBridge’s orbit.
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People
BT selects new Media & Broadcast boss as division reshuffles again
Swaps made at unit include Dominic Wall being handed Head of Media & Broadcast position, with long-serving Sanjay Bhat appointed Head of Global Alliances.
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People
O2 Germany’s marketing director heads for exit
Consumer boss Andreas Laukenmann temporarily fills boots as Michael Falkensteiner moves to focus on ”new tasks outside the company”.
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Network & Infrastructure
AtlasEdge seeks role as UK C-RAN host
Director of Open RAN Paul Rhodes discusses plan to offer MNOs baseband capacity pooling as a way to deliver capex savings, reduced Scope 3 emissions, and support for new applications. However, scepticism around whether operators will adopt the architecture remains…
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Financial & Performance
BT’s Kirkby opens a mixed Q3 bag; Jansen goes out without a bang
BT Q3 FY23–24: New CEO’s first task is to round up latest results but little drama to work with as Jansen’s mandate fizzles out. Line losses and questions around pricing indicate something of the challenge to come…
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Partnerships & Alliances
Virgin Media O2 signs on for another decade with Tesco
Two businesses extend their long-running joint venture well into the 2030s, responding to Tesco Mobile’s show of commercial resilience during pandemic and economic downturn, and progress on transformation.
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Network & Infrastructure
BT upgrades Optiva platform for NaaS push
Vendor’s cloud-native platform to be upgraded to enable more widespread use of open APIs
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M&A
Iliad accepts defeat as Vodafone shuns final Italy offer
After Vodafone rejects latest revised merger terms, Iliad calls time on negotiations over proposed OpCo merger. Opportunistic interloper looks intent on continuing to disrupt Italian market, keeping incumbents under pressure. Vodafone remains TBC…
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People
Ex-Three exec becomes CEO at Australian TowerCo Waveconn
Grant Stevenson to move up into Chief Executive slot at business formed out of TPG Telecom’s wireless infra. New boss’s CV includes spells at the former Vodafone Hutchison Australia and co-parent CK Hutchison.
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Strategy & Change
OneWeb latest snafu: ground network delays global coverage into H2
Eutelsat confesses to holdups for serial stumbler OneWeb’s ground network. Reaffirmed faith in SatCo’s prospects insufficient to dodge Group’s financial downgrades. Learn more…
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Financial & Performance
Safaricom Ethiopia is yet to get M-PESA up to speed in race with Ethio Telecom
Safaricom Telecommunications Ethiopia hails “great momentum” for M-PESA but its flagship m-money offering remains dwarfed and outpaced by rival Ethio Telecom’s Telebirr, following the latter’s headstart.
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Products & Services
Telefónica goes live with first 5G FWA offering in Brazil
Vivo Box 5G product provides commercial fixed-wireless access for the first time to Vivo customers, with an initial subscription-based service providing 150GB of data per month.
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Venturing & Investments
VPC Chair Detlef Schultz’s procuretech startup secures more funding
Procuretech venture akirolabs nets $5m investment from VC firms and angel investors. Co-founded by Vodafone Procurement Company chair. High profile angels onboard. Find our more…
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Public Affairs
BT begins ‘robust’ defence in £1.3bn overcharging class action
BT takes to the courtroom to face groundbreaking “overcharging” lawsuit — argues no case, but presented as fleecing elderly for whom time of essence; with another class action in the works…
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Financial & Performance
UK’s Digital 9 Infrastructure to wind down, sell off assets
UK infrastructure investor proposes selling most of portfolio to pay off debt after completing strategic review.
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People
Deutsche Telekom goes strategic with new BT board rep
DT Chief Operating Officer Raphael Kübler to join BT boardroom to oversee stake and keep an eye on transformation agenda.
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People
Ex-DT duo eye tech and telco opportunities after reuniting at Warburg Pincus
Former Group Chief Executive René Obermann hires one-time lieutenant Dirk Wössner to help build out European investment portfolio.
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Financial & Performance
T-Mobile plans to get more creative in post-integration era
Q4 FY23: American NatCo’s “scrappy team” plotting new ways to make customer gains.