Latest Finance & Strategy Insight – Page 166
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Suppliers & SCMISS expects write-off over Deutsche Telekom deal setbacks
Deutsche Telekom’s FM partner expects to record cost write-off as COVID-19 continues to throw spanner in works of its service ramp-up for Group. New CEO remains confident about future profitability of contract. ISS to present ‘strategy refresh’ in December.
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Strategy & ChangeCWU plots against BT transformation plans
Union’s Bonfire Night declaration promises fireworks as BT attempts to simplify processes linked to redundancies. BT management under opposing pressure from investors to move more quickly to reduce headcount.
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Venturing & InvestmentsWayra joins €2.5m ticket for rural Wi-Fi partner
Wi-Fi solution startup Galgus closes Series-A funding round led by Conexo Ventures, with Wayra investing too. Galgus is a Telefónica partner on public Wi-Fi in under-served areas.
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Strategy & ChangeCFO Werner in box seat on Telekom’s data strategy revamp
Telekom Deutschland’s money man overseeing data-driven modernisation programme, including effort to meld siloes through over-riding data lake. Data strategy seen as key to growth, efficiency, and customer experience goals.
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Strategy & ChangeTelefónica bulks up cybersecurity unit with Brazilian assets
Group further sharpens its focus on security services. ElevenPaths adds Peru to its local operations.
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Strategy & ChangeIoT.nxt rejigs management to further exploit Vodafone links
Vodacom acquisition anticipates faster international growth, prompting operational changes along territorial lines. Among the trio of internal appointments is Mark Beets, handed responsibility for developing business with Vodafone’s Partner Markets organisation.
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Network & InfraVodafone in “no rush” to deploy XGS-PON
Cornaglia says GPON fibre architecture is “probably sufficient” to meet bandwidth needs until 2025. Executive sees some promise in TWDM-PON technologies in longer term, but high costs and system instability causes for concern.
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Products & ServicesTPG woos eco-conscious consumers with felix sub-brand
Carbon-neutral sub-brand signals fresh start for newly merged TPG Telecom. TPG steps up customer acquisition push with green and unlimited data offers and gets busy on convergence. Australian sub-brand follows Vodafone playbook.
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Suppliers & SCMDeutsche Telekom to harness machine learning-based buying
DT’s finance and human resources shared services unit builds process mining expertise with Celonis. By 2025, DTSE aims to have machine learning-based recommendations for “Procure-to-Pay” process.
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Strategy & ChangeElsewhere in Vodafone Group: SpaceMobile-NASA collaboration
NASA working with US satellite venture; Innovus bolsters security; Vodafone’s Harmonic partnership shows its size.
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Strategy & ChangeElsewhere in Vodafone's Associates and JVs: TPG 5G plans take shape
VodafoneZiggo flags Gigabit cable upgrades; 5G spectrum auction nearing in Australia.
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Network & InfraVodafone UK unveils plans to kick-start open RAN
OpCo commits to 2,600-site rollout; suppliers in evaluation stage. VfUK aims for at least 20% of UK sites based on disaggregated architectures, but not until 2027. Timeline dovetails with Huawei kit removal roadmap. Investment geared towards encouraging more participation from operators, suppliers, and government to get open RAN ball ...
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Strategy & ChangeVodafone Ireland pushes for greater digital engagement
OpCo has deployed the first 50 Broadband Connection Points as the long-gestated National Broadband Plan starts to take shape. Reveals measures that were required to deal with the effects of the coronavirus pandemic.
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Strategy & ChangeElsewhere in Vodafone Africa: Vodacom in SA and Tanzanian trouble
Vodacom reportedly tangled in murder scandal in South Africa, and taking political fire over Tanzanian election.
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Strategy & ChangeElsewhere in Vodafone Europe: Greece targets submarine business
Vodafone Greece eyes submarine; cashiers going virtual in Spain; Vodafone UK blocked from handset blocking.
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PremiumBT Group Q2 FY20–21
Revenue and profit keep falling in pandemic. COVID-19 creates noise and uncertainty, but BT is pushing its transformation story, asking for patience as stakeholders get twitchy. Openreach a lone bright spot, although Global may be benefitting from long-term recovery strategy. An improved earnings forecast at BT is not expected ...
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PremiumBT spend: opex coming down, capex still building to peak
Simplified systems are bringing efficiency but lower trading giving an unwanted helping hand. Capex rising, but a sharp decline is anticipated with copper switch-off.
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PremiumBT Global braces for more COVID-19 headwinds
Precipitous revenue declines continue for Global as pandemic makes its presence felt, but mitigation measures and ongoing transformation ease the pain on profit levels. Growing underlying strength of division offers hope beyond an anticipated tough second half.
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PremiumBT guidance: EBITDA recovery on horizon, sales rise fainter
Two more years of revenue decline ahead, but EBITDA improving and underpinning investment plans.
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PremiumMargins slip as BT Consumer pursues quality
Another tough COVID-19-impacted quarter but management playing the long game, with a focus on premium services. Network investment continuing as division seeks an uplift from next-generation platforms. BT reputation improving, but weaknesses remain outside core products, necessitating dual-brand approach. Commercial partnerships remain a key strategic element, but hit to ...