All Kasper Fangel articles
-
Public Affairs
DT ‘withholding payments’ on giant outsourcing deal, amid dispute
ISS, DT’s facilities management supplier in Germany, flags it could take a €80m hit to cash flow this year after the seeing place a halt on certain deal payments. The move comes amid ongoing contractual disagreement between the two groups and is the latest in a long line of headaches ISS has faced since taking on the FM job.
-
Suppliers & SCM
Outsourcer ISS confident on DT mega-deal recovery
Deutsche Telekom’s German facilities partner says it has worked through majority of deal restructuring programme instigated in 2020. Business continues to target breakeven by end of FY22.
-
Suppliers & SCM
Job cuts coming as ISS works to solve DT deal losses
Manager of Group’s German facilities working through “long list” of restructuring measures, with aim to reach breakeven on flagship deal. Stage one complete as key IT milestone hit. Staff and subcontractor cutbacks coming as ISS seeks to squeeze out more costs.