Latest Finance & Strategy Insight – Page 145
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Strategy & ChangeTelefónica Tech extends cloud reach in Brazil
TC&CT division snags 49.99% stake in Vivo’s CloudCo Brasil. Deal builds on TC&CT’s earlier purchase of CyberCo Brasil. Working in parallel with local operating businesses becoming a Telefónica Tech trend.
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OperationsIndus Towers said to firm up IT systems rework
TowerCo CEO flags progress in pursuit of post-merger synergies. “Indus team” completes IT systems integration, meaning management of 180,000+ site portfolio falls under one roof.
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Strategy & ChangeVM O2 preps for wholesale with code powers application
Concerns over securing acceptable commercial terms for key sites on VM O2 network behind request for additional tenancy rights. Code-based flexibility will simplify the process of enabling wholesale access to sites, while supporting potential network expansion.
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Financial & PerformanceTelefónica’s alarms JV accelerates sales
Partner Prosegur sees JV outpacing growth of its standalone alarms business. Security group open to alliances in areas where it is not already present.
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Strategy & ChangeElsewhere in Vodafone Africa: Safaricom’s tax hike response
Safaricom responds to excise tax hike; M-PESA management rejig reaches Lesotho; change at top of Xlink.
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PeoplewatchTrio exit Vodafone Spain’s upper hierarchy
Second-in-charge Vicente leaves vacancy, as do leading lights in regulatory and television departments. Changes follow soon after news of CTO Ismael Asenjo’s exit, amid internal Tech rejig.
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Strategy & ChangeT-Mobile US pushes ahead with mobile ad-tech plans
Magenta Marketing Platform bundles mobile network data, but not location data, for advertisers to reach targeted audiences.
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M&AVodafone Italy hands highways infra to INWIT JV
OpCo’s divestment bulks-up INWIT portfolio, as TowerCo continues spending spree. INWIT to equip portion of new assets with IoT capabilities in “smart road” drive. Acquisition expected to be green-lighted before end-2021.
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Financial & PerformanceVodafone, ABG keep funding taps closed for beleaguered Indian JV
Vi shareholders wash their hands of JV’s plight. Insist that private investment is the only way for Vi to remain going concern. Vi CEO Ravinder Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.
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Financial & PerformanceBT Q1 FY21–22: another toughie, but with promise(s)
Q1 reiterated as a road to a recovery that will materialise in H2. Consumer reviving but Global eponymously damned. Microsoft deal more than slideware. Virgin Media–O2 FTTP investment could be a backhanded compliment and gift to BT.
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Partnerships & AlliancesBT wants a billion pounds “minimum” from Microsoft deal
Microsoft beefs up its position within BT’s enterprise ecosystem with formation of an updated strategic partnership. BT aiming for a nine-figure revenue target from “complicated”, “big” deal. Software giant separately acquires BT spend-tracking partner Suplari.
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Partnerships & AlliancesVodafone eyes corporates with Unisys tie-up
Group launches Digital Factory, offering digitalisation support and integration services for AR/VR, big data, blockchain, edge compute, and IoT. Move chimes with Business:2025 growth strategy.
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Strategy & ChangeHrvatski Telekom set to offload Optima stake
United Group to acquire majority stake in Optima, advancing converged services challenge to HT. Completion expected by end-2021, but deal requires regulatory approvals and changes to the law. Firming-up of agreement would free HT from strange management arrangement.
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Strategy & ChangeTelefónica’s Rao hails bold approach to customer tech refresh
CTIO highlights ‘co-creation’ role played by partners such as Salesforce.
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PeoplewatchCTO said to exit Vodafone Spain after Tech reshuffle
CTO Ismael Asenjo set to leave, according to local reports. Changes continuing to take hold from reworking of Europe-wide Technology operating model. Move follows appointment of Networks and Digital leads at OpCo.
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PeoplewatchAhuja resigns Vodafone directorship
Telecom veteran departs Group Board, citing commitments elsewhere. High-profile resignation comes on eve of Vodafone AGM, with Olaf Swantee set to be sworn in.
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Strategy & ChangeBT Global shuts down Kuwait HQ
Division’s rationalisation of Middle Eastern footprint continues as Group confirms closure of Kuwaiti facilities. Residual presence in country — and region — maintained via new reseller alliance with Ooredoo.
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PremiumVM O2 bites bullet and pledges fibre future
A future upgrade of VM O2 fixed infrastructure will see coaxial cable edged out and fibre deployed throughout the operator’s footprint. Switching to XGSPON instead of DOCSIS 4.0 pricy, but manageable within modest budgets and with multiple longer term benefits. Pragmatic approach to fibre is partly driven by the ...
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Products & ServicesMovistar+ sets stage for aggregator play in Spain
New CEO Cristina Burzako restructures and refocuses strategy. Focus tightening on partnerships and customer experience, but original content and exclusive sport remain important differentiators. Amidst Movistar+ revamp, Telefónica faces big decisions and bigger bills for content rights.
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M&AVantage back in shop window as Vodafone builds revival
M&A remains a lever to help Vodafone revive growth, says CEO Read. New Chairman van Boxmeer lighting a fire under Group strategy and ambition. Another chunk of Vantage could be sold off to “like-minded” partner. Hint made of some UK deal-making in pipeline. Egyptian and Spanish assets remain in ...