All articles by Joseph Purnell – Page 8
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Financial & Performance
In-depth: battling Vodafone moves in the right direction
H1 FY24−25: Lowest ebb of Vodafone Germany not enough to dent management optimism of Group prospects, but MDU impact still felt…
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Financial & Performance
Spend: capex shifts to central functions as Vodafone OpCos rein in spend
H1 FY24−25: investments made in shared services, but in-market spend shrinks.
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Financial & Performance
Guidance: evolving Vodafone nears final form, still on track
Outlook reiterated after solid first half, with management painting bright prospects post-MDU and M&A impact…
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Financial & Performance
Kirkby ‘convinced’ of BT strategic plan despite scale of challenge
Q2/H1 FY24-25: BT CEO Allison Kirkby now settled into role and aware of mountain to climb, but no less confident of the Group’s strategic direction.
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Financial & Performance
In-depth: change is coming at BT, ‘trust me’
Q2/H1 FY24-25: Group CEO Allison Kirkby calls on investors to ‘trust me’ in wait for promised turnaround as revenue falters in first half of the year.
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Financial & Performance
Spend: BT past its peak, transformation agenda in full flow
Q2/H1 FY24-25: BT capex drops as Openreach fibre build keeps spend in check.
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Financial & Performance
Guidance: BT lowers expectations
Q2/H1 FY24-25: BT Group revises revenue outlook for the year from growth to decline.
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Financial & Performance
Vi CEO hopes for subscriber loss turnaround after upping investment
Indian operator’s CEO Akshaya Moondra gives vague ‘expectation’ for a customer base upturn by the end of the FY, and remains reluctant to make any promises.
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Financial & Performance
Vodafone a ‘happy wholesaler’ as German fibre churn kicks in
Q2/H1 FY24–25: Vodafone confident on Germany’s post-MDU trauma recovery plan, with fixed strategy underpinning the return to health.
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M&A
Vodacom sticking with fibre co-build strategy despite blocked merger
CEO Shameel Joosub reiterates belief in co-investment and co-build fibre projects rather than overbuild, despite MAZIV setback.
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Partnerships & Alliances
Vodafone’s $14bn brand continues to shrink as Hungary swap-out confirmed
Vodafone’s global brand presence dilutes further as 4iG-owned Vodafone Hungary prepares for name change.
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Financial & Performance
BT ‘pulling levers’ to account for UK Budget burden
CFO Simon Lowth puts annual additional cost at £100m for the Group, with transformation plans to be ‘brought forward’ to compensate.
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Financial & Performance
Kirkby: multinational B2B ‘ripe for consolidation’ as BT pursues exit
BT H1: mutlinational corporate segment no longer a telco’s game, says CEO Allison Kirkby, and a divestment will accelerate turnaround plans. Talks ongoing with several parties, with both Global and Portfolio channels up for sale. UK business not immune to decline in the meantime…
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Weekly Briefings
Vodafonewatch Weekly: shots fired in Italy as mergers progress
Latest in and around Vodafone, including Swisscom CEO’s sharp words for Iliad, which is circling as Vodafone Italy gets ready to merge with Fastweb; Group H1 earnings incoming with performance in Germany among the focuses; UK merger gets conditional clearance; Instant Networks sent to Valencia…
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Network & Infrastructure
Elisa races through fibre-Gs; readying Euro-first 100G PON with Nokia
Operator wants networks future-proofed for when customer demand emerges for nascent 100G technology, partnering fellow-Finn to underpin capability.
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M&A
Vodafone, Three welcome ‘path to clearance’ as UK merger verdict nears
UK’s Competition and Markets Authority gives a provisional nod to operators’ merger plans, subject to ‘remedies’ to allay competition concerns.
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People
Vodafone Peoplewatch: c-suite changes across the footprint
30+ senior and strategic changes at Vodafone and its partners, including more as shared operations resets; interim Business boss exits; board rotations at Investments operators; C-suite appointments in Germany and Czechia; and a familiar face brought in at Safaricom Ethiopia…
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Weekly Briefings
Vodafonewatch Weekly: Group reset puts telco-as-a-service front and centre
Latest from Vodafone and its ecosystem as B2T unit launches to commercialise shared operations; M&A attempts blocked in South Africa and started in Romania; and a new Iliad move on Italian assets midway through antitrust hearings…
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Strategy & Change
Vodafone set to debut new ‘Business to Telco’ unit as part of central function refresh
Vodafone quietly debuts B2T unit targeting peers, as Shared Operations gets overhauled and Group adds vim to telco-as-a-service ambitions.
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Weekly Briefings
BTwatch Weekly: more B2B sell-off reports pose questions for future of Business
Latest from BT as B2B slim-down continues; minority owner DT sees emerging ‘options’ for 12% stake; and Openreach sets about Nokia Altiplano deployment…