Latest Finance & Strategy Insight – Page 124
-
PremiumElsewhere in Systems Solutions: division wins WHO deal
Division gains a high-profile World Health Organisation vaccine certificate win; other product developments in data science and supply chain due diligence.
-
PremiumDT Q4 FY21: T-Systems dulls top line pain with withdrawals
FY21 sees big drop-offs in revenue and orders as legacy businesses contract and macro volatility bites. High-profile SAP partnership also seeing challenges. On earnings — T-Systems management’s main focus — the division reports further progress, helped by ongoing cost-cutting and jettisoning of unprofitable activities. But despite efficiency work, T-Systems ...
-
PremiumDT Q4 FY21: Europe spend still on pause despite more decent data
New regional CEO Dominique Leroy kicks off leadership with a full FY of earnings growth. Nonetheless, DT remains unwillingly to up investment in region. Executives give downbeat assessment of regulatory and macro climate. Greece’s OTE and Austria’s Magenta Telekom among top performers.
-
PremiumElsewhere in Telekom Deutschland: testbeds built at hubraum in Berlin
IoT partnerships signed with Murata and Nowi, with Omniflow smart city tie-up demoed at MWC.
-
Suppliers & SCMDT to judge suppliers on their climate ambition
German operator looking for early win as it turns attention to vast — and growing — problem of supply chain emissions. Hardware vendors will be first to come under environmental spotlight as DT tweaks its RFP scoring system. Move comes following joint project with buying partner Orange.
-
PremiumElsewhere in Deutsche Telekom Group: Inmarsat takeover facing opposition
Illek wary on Drahi’s BT intentions; Nemat urges sector to “be human”; Inmarsat deal said to be causing UK ructions.
-
PremiumDT Q4 FY21: Strengthening TDE nails targets
Telekom Deutschland stays ‘in the zone’ with twin-track sales and profit growth during FY21. NatCo maintains commercial momentum in broadband arena. Executives downplay threat of inflation to fibre mega-project. Ongoing growth expected in FY22.
-
Partnerships & AlliancesDT partner SoftBank hit by perfect storm
Investors raise concerns over ‘money-losing startups’ that litter SoftBank’s portfolio. Vision Fund II, DT’s partner in at least three investments, remains a priority.
-
Network & InfraOfcom pursues ‘strategy refresh’ on satellite spectrum
UK regulator says the growing number of LEO broadband satellites is adding pressure on the use of spectrum. Warns that complexities of managing interference between different NGSO systems could have implications for competition. Starts industry consultation to review where best to focus efforts in space sector.
-
Strategy & ChangeVodafone to roll out hybrid working, shrink Newbury HQ
Vodafone seeks sale and leaseback options for The Connection HQ, new Manchester and Newark hubs, and repurposed Stoke-on-Trent site all part of shift to permanent “blended working” model. New approach to work underpinned by “flexibility and trust”, instilling lessons learnt under pandemic conditions.
-
PremiumDeutsche Telekom Innovation & Venturing: startups targeted in Hong Kong
Hong Kong startups targeted; DTCP makes customer service investment and partners with everphone.
-
Network & InfraLiberty Global’s Fries hints at UK fibre consolidation
CEO outlines plan to create a separate ‘light NatCo’ for new fibre JV. Liberty Global and Vodafone at inflection point over VodafoneZiggo. Despite fibre plans, Fries says HFC technology will be around for a long time yet.
-
Products & ServicesM-PESA not threatened by talk of central Kenyan e-money
A central digital currency would not step on M-PESA toes, says MD Sitoyo Lopokoiyit, but cooperation key to finding efficiencies in a market dominated by Safaricom’s e-money offering. M-PESA at 15: 51 million users in seven markets; Kenyan strength; Super App prospects on the horizon, as is competition.
-
OperationsDT outlines ‘digital experts’ upskill target
2021 Annual Report sets 17% digital workforce target within three years. Places emphasis on in-house digital upskilling; recruiting outside digital talent seen as “challenging”. Overall FTE headcount drops 4% year-on-year, but Group still manages to hire more than 8,000 employees outside the USA with focus on IT and technical ...
-
PremiumDT Q4 FY21 Headlines: cash flow back on course, before spectrum
Headlines: cash flow back on course, before spectrum Source: Aaron Burden / Unsplash The Group’s FY21 results again drove home the dramatically increased scale and power of DT’s Transatlantic platform, following the Sprint takeover. DT ended the FY strongly, recording a 4.7%-rise in net revenue, to €28.9bn, ...
-
PremiumDT Q4 FY21 Spend: strategy on track
Spend: strategy on track Source: Wolfgang Rottmann / Unsplash Spending-wise, FY22 appears set for more of the same, with DT expecting to continue increasing capital expenditure (capex) during the current year, driven by mega-projects at TDE and (particularly) TMUS. It is forecasting €19.3bn in capex during the ...
-
PremiumDT Q4 FY21: Leadership of Europe? Done that, got the T-shirt
Another strong year of growth for Group, led by USA. As Sprint integration progresses, DT targets €10bn in free cash flow for current year. Unfortunate clash with Ukraine invasion dulls shareholder reaction. Executives stress openness and flexibility when it comes to a big TowerCo deal, but want full recognition ...
-
M&AVivendi head sees Telefónica–Prisa “synergies” as acquisition rumours continue
Arnaud de Puyfontaine wants strategy alignment with “common vision”. Local reports claim Spanish Prime Minister Pedro Sánchez “does not look favourably” on potential Vivendi involvement with Telefónica. Atresmedia also in the frame as part of convoluted acquisition scene in Spain.
-
Strategy & ChangeMehta puts BT Digital “on steroids” to power transformation
Chief Digital & Innovation Officer Harmeen Mehta relishes opportunity for dramatic change at BT, as she sets about untangling digital architecture. Google-powered Digital Brain to bolster AI and data platform. Digital jumps on cost savings bandwagon, with £500m contribution expected. Talent and recruitment drive incoming.
-
Suppliers & SCMTelcoX research finds hyperscalers ascendant but not entrenched at Vodafone
TelcoX ‘voice of the customer’ insight into how Vodafone employees perceive Techverse and Dataverse suppliers. Vodafone remains work in progress for AWS and Google. Opportunities for vendors to sharpen their differentiation. Chinese vendors Huawei and ZTE retain significance despite tough externalities. Vodafone executives aligned on value of data, held ...