Latest Finance & Strategy Insight – Page 157
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PremiumElsewhere in BT Group: rural rent causing problems
DT feels BT’s pain; EE among the MNOs to take flak for making the most of rural rent reductions.
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PremiumElsewhere in BT Global: Syngenta deal renewed
VMware SD-WAN deal for Alstom; agritech support for Syngenta
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Strategy & ChangeElsewhere in Openreach: Superfast Cymru targets missed
Outage in Bridgeton; progress update on Superfast Cymru Phase 2; Openreach partner on brink; 4.5 million fibred up.
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PeoplewatchTeoh throws in the towel at TPG Telecom
Investors spooked by unexpected resignation of TPG Chairman, cutting share-price by nearly 7%. Billionaire businessman Teoh vague about reasons for departure. Son Shane resigns from board as Non-Executive Director.
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OperationsNew East London BT HQ preps for sale
One Braham, soon to be BT’s main office, is reportedly being readied for a £500m sale. BT due to move at the end of the year after leaving 81 Newgate Street.
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Strategy & ChangeDeutsche Telekom IT Solutions presses refresh
Deutsche Telekom’s Hungarian IT solutions unit placing increasing focus on growth areas such as artificial intelligence and cloud computing.
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Strategy & ChangeDT’s Leroy signals European consolidation ambitions
Deutsche Telekom’s new Head of Europe indicates that the bloc’s fragmented market is ripe for change.
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Vendor VoiceTeradata: telco leaders must step up to seize data opportunity
Breaking down silos to seamlessly orchestrate data can deliver a virtuous circle of customer improvement and operational efficiency, presenting a springboard for a strategic reboot. In adopting tech sector business models, telcos have yet to fully grasp the value of their data assets, with coordination acting as a powerful ...
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Strategy & Change
Openreach cites No 10 lack of clarity as key early COVID test
Initial uncertain status of Openreach workforce deemed biggest challenge when ensuring UK connectivity and worker safety through lockdown. Strong chains of command, coupled with responsiveness to staff concerns, said to frame management response. Fears on return to offices and on-premises work may prove the biggest challenge.
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PeoplewatchT-Mobile CIO Cody Sanford exits amid IT–digital reshuffle
Cody Sanford, Chief Information Officer and Chief Product Officer at T-Mobile US, is set to leave to pursue “external opportunities”. Chief Operating Officer Brian King steps into CIO vacancy. Wider reshuffle flagged to support new digital strategy.
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Network & InfraBT explores optical options after Moore, Shannon
Lord keen to leverage lower-cost data centre technologies for network deployment. Floats idea of ripping out ROADMs in core network and replacing them with routers and ZR optics pluggables. Lower prices through photonic integration seen as key. Promising trials with hollow-core and multi-core fibre.
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Public AffairsThreat of BT national strike intensifies
CWU calls on BT member base to back strike action, with further details on proposed ballot in “coming weeks”. Group transformation continues to exacerbate already disaffected BT-union relations. Mass walkouts from ‘late-spring’ a possibility. Union and BT share very different relationship perspectives.
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PeoplewatchTransformation guru Baumann joins Vodafone Germany
Former Microsoft transformation lead Heide Baumann named Director, Commercial Operations at German operator. Brings experience from BT, Liberty, and Three to Vodafone.
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PeoplewatchHöttges achieves longest CEO reign at DT
After seven years (and a few days), Tim Höttges outlasts predecessors. He is also the highest paid telco CEO in Europe. Sprint merger bonus puts his FY20 takings close to €7m.
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M&AMiNODES brought in house as Telefónica NEXT shuts up shop
Data analytics acquisition MiNODES brought closer to O2’s core business. Telefónica NEXT now fully disbanded, with Germany Business Sales in its place.
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Network & InfraLiberty: VodafoneZiggo tower sale is ‘work-in-progress’
CEO Mike Fries sees Dutch joint venture’s assets as undervalued. Partner appears aligned with Vodafone’s eagerness to extract cash from site networks across Europe. Broader discussions over VodafoneZiggo collaboration may be tied in with tower question.
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Strategy & ChangeDeutsche Telekom’s stakes in Europe NatCos creep up
Share buybacks increase holdings in Hrvatski Telekom, Magyar Telekom, and OTE. Group ends FY20 with a much-reduced 43.4% stake in T-Mobile US, but Bonn still calls management shots.
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PeoplewatchBT denies right royal dust-up at the top
Group moved to issue a denial of Jansen ultimatum as speculation swirls on du Plessis’ surprise departure decision. Two camps emerging, with some discontent at Jansen power moves, but CEO’s position appears safe for now. Beyond rumours and gossip, BT board looks starved of experience needed for Group transformation ...
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PremiumQ3 FY20–21: Top team turn bullish as growth returns, just
Nick Read and Margherita Della Valle claim Group set for acceleration after sneaking back into growth territory during quarter. European macro and M&A questions continue to overhang claims of confidence in regional prospects, however. Amid continued talk of yet more in-country consolidation, “pragmatic” Vodafone will “always examine opportunities to ...
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Strategy & ChangeDeutsche Telekom blockchain spinout beamed back to mothership
trust2core’s work on enterprise blockchain application development to continue from within T-Labs. Group said to be expanding focus on blockchain services.