All articles by Joseph Purnell – Page 25
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BT FY22-23 Headlines: good, bad, and plenty in between
Group relies on pro forma figures to find positives.
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BT FY22–23: some done, much more to do as BT looks to the future
BT’s year ends with a positive Q4 but leaves some targets missed.
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Vodafone FY22–23: Egypt central to Vodacom’s next phase
CEO Shameel Joosub talks up gains from Egyptian acquisition as Vodacom sets sights on growth.
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Vodafone FY22-23 Spend: OpCos shuffled as gap at the top narrows
Vodacom and Vodafone UK see capital allocation uptick as German frontrunner drops off pace.
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Vodafone FY22-23 Guidance: get customers right and growth will follow
Guidance: get customers right and growth will follow Source: Vodafone Della Valle was somewhat vague on what mid‑term success for Vodafone would look like. Beyond confirming that macroeconomic challenges and recent changes in the structure of the Group meant that previously set mid‑term goals of mid‑single‑digit growth ...
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Vodafone FY22–23 Headlines: growth “possible”, but returns prove costly
Vodafone’s revenue creeps up but not without challenge.
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M&A
BT’s smart locker sale gets regulatory green light
Pelipod acquisition by connected locker player ByBox granted CMA approval.
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Openreach earns Equinox approval despite altnet fallout
Equinox 2 wholesale pricing package gets green-lit by Ofcom after months of deliberation and consultation.
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Strategy & Change
Drahi builds BT bet as stake nears 25%
French billionaire ups BT holding via Altice UK vehicle but shushes takeover talk.
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Network & Infrastructure
“Disastrous” load shedding threatens to constrict Vodacom network ambitions
Vodacom management laments load shedding policy as investment reallocated to fund backup energy solutions.
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Financial & Performance
BT FY22–23: tough talk on jobs hides slow progress and postponed ambitions
Group CEO Philip Jansen sets sights on end-of-decade transformation as BT gets lean, builds on network strengths.
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BT builds on ServiceNow ties with contact centre collab
BT extends partnership with IT simplification ally to provide Business services.
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Financial & Performance
Vodafone FY22–23: Della Valle to bring Group “back to basics” with business-first approach
New CEO wants Group turnaround to build on existing strengths in B2B while fixing customer experience declines.
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Safaricom granted licence for Ethiopian M-PESA launch
Ethiopian national bank hands Safaricom Telecommunications Ethiopia its mobile money licence, breaking state monopoly.
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e& deepens Vodafone ties, adds CEO to board
Vodafone has entered a “strategic relationship” with its largest shareholder.
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Strategy & Change
BT’s Division X repositioned in latest B2B rework
Marc Overton to exit in June as Enterprise “growth engine” Division X gets swallowed by BT Business’s Product function.
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FutureNet World: BT, Vodafone call out 5G SA delays, urge industry rethink
BT’s Josie Smith and Vodafone’s Andrea Doná lament slow progress but remain optimistic about standalone 5G if approach changes.
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Vodafone Peoplewatch: new OpCo CEO amid changes in Europe
April 2023 update: Series of changes include new Albania CEO and senior swaps in Greece and Hungary.
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BT signs ‘new and improved’ FM contracts
CBRE et al earn extensions as part of Better Workplace estate revamp.
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CityFibre: Openreach strategy puts UK foreign investment at risk
CityFibre execs in Manchester and Madrid warn Ofcom that Openreach’s Equinox 2 pricing model jeopardises success story of foreign direct investment in UK infra.