Latest Finance & Strategy Insight – Page 116
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PremiumQ1 FY22 Guidance: DT displays strength in face of headwinds
Executives give an upward tweak to FY22 forecasts in show of confidence amid challenges. Headline €10bn free cash flow target affirmed.
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Venturing & InvestmentsWayra diversifies with audio, fintech and mobility investments
Digital hub Wayra X participates in $3m Gimme Radio round.
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Operations_VOIS payback: Vodafone’s automation factory accelerates savings
Vodafone’s systems harmonisation drive said to be delivering growing impact.
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Financial & PerformanceTax blow sees Magyar Telekom cut profit guidance
Windfall tax to cost Hungarian NatCo around HUF25bn in FY22.
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InterviewRakuten Symphony turns up the volume in Europe
After setting up shop in France, Germany, and the UK, Symphony puts out welcome mat for software companies to join its Symworld marketplace.
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Strategy & ChangeVelocity, consistency, and privacy first: DT tackles metaverse challenges
Network technology, privacy, and identity management among priorities.
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PremiumTMUS ups enterprise ante with advanced 5G solutions
TMUS CEO Mike Sievert reiterates ambition to achieve 20% share of enterprise market by 2025.
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PremiumElsewhere in Systems Solutions: T-Sys strikes deal with Indra Sistemas for Catalonia services
T-Sys teams with Indra on Catalan deal.
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PremiumElsewhere in Deutsche Telekom Europe: Hrvatski scores on football rights
HT lands football rights; Ciena scores at GTS.
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PremiumElsewhere in Deutsche Telekom Group: DT’s complicated Russian wind-down
DT’s Russian wind-down remains a work-in-progress.
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PeoplewatchVodafone chair’s board fix isn’t finished yet
van Boxmeer says “several” more changes likely at Vodafone’s top table, amid ongoing scrutiny into Group strategy.
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OperationsDetecon starts hiring for new Nordics business
Detecon Nordics to be headquartered in Sweden.
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InterviewRakuten Symphony woos European startups
TelcoTitans interviews Geoff Hollingworth, Chief Marketing Officer at Rakuten Mobile’s next-gen cloud connectivity platform spinout. After setting up shop in France, Germany, and UK, Symphony puts out welcome mat for software companies to join its Symworld marketplace.
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Network & InfraDeutsche Funkturm rumours continue as bidding enters second phase
Unnamed sources parade panoply of Deutsche Telekom monetisation options for German towers business, apparently valued at around €20bn (including debt).
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PremiumElsewhere in Hispanoamérica: Mexico to reap rewards of AT&T migration from November
AT&T network migration to start making cost savings for Telefónica Mexico from November 2022.
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PremiumElsewhere in UK: Phones 4u cases reaches High Court
Phones 4u collusion case reaches High Court; VM O2 fastest full-fibre claims corroborated by ASA.
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M&APrisa sale calls time on Telefónica political ambitions
Álvarez-Pallete declares the telco “should not be in the business of opinion-making” after offloading the bulk of its 9% stake in Spanish media group Prisa.
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OperationsVodafone flags German shop closures
Recalibrating German business to axe portion of retail network amid declining footfall.
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Strategy & ChangeTeoh tipped to flee TPG once escrow period ends
Operator’s main shareholders Vodafone and Hutchison free to sell shares after 12 July. So too is founder David Teoh, seen likely to up sticks first. Morgan Stanley analyst doesn’t foresee same share price carnage as when Teoh sold 3% stake last December.