Latest Finance & Strategy Insight – Page 175
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Strategy & ChangeBT begins new chapter in Spain
Rosa Ronda to head trimmed-down Spanish unit. Portobello Capital creates new company called Evolutio from former BT assets.
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Strategy & ChangeDT CSO Tschersich on security in an emergency
DT Chief Security Officer Thomas Tschersich: video conferencing here to stay, but widespread remote working will only work if there is increased trust between enterprise and cloud partners.
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Strategy & ChangeDT says no layoffs through carrier services switch
Transfer of international comms operations rescheduled for October, and seen as growth rather than pure cost-cutting play.
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PremiumBig Four providing a solid foundation
‘Show me the money’ the key message in Spain. Positivity in Germany and UK. Brazil trading up. LatAm carve-out progressing.
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Premium‘Resilient but not immune’ Telefónica takes its medicine
Plans for a Telefónica joint-venture with Virgin Media provided the big news, while smaller steps taken on wider digital transformation plans. COVID-19 inflicts a manageable early hit, but Group cautious on longer-term prospects. Scrip dividend offered as Group aims to carefully manage its cash and discretionary spending.
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PremiumVodafone Q4 FY19–20 management update: staying the course, post-coronavirus
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
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PremiumFacebook gives Jio a multi-billion pound like
Rival Jio gets fillip from hefty FDI and Facebook digital expertise. Unnamed VfI exec does not rule out similar webscale tie-up for the embattled JV. Indian JV relinquishes last urban stronghold and is set to lose second spot overall.
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PremiumBT and Vodafone down arms, talk post-crisis teamwork
Home-working seen as creating permanent new need for stronger networks covering UK homes, and potential for collaboration to deliver it. Industry cooperation seen as having played a key role in the robust management of changing demands on national infrastructure sparked by lockdown. Huawei takes a surprising dig at UK ...
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Strategy & ChangeVodacom puts home market business back in action
U-turn on Vodacom South Africa as it returns to becoming a standalone business with its own MD. Group creates simplified structure to manage expanded African portfolio.
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Partnerships & AlliancesTelcos see more cooperative post-crisis industry
Home-working creating a permanent new need for stronger networks covering the UK’s homes, and potential for collaboration to deliver it. Industry cooperation seen as having played a key role in the robust management of changing demands on national infrastructure sparked by lockdown.
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B2BBT’s Karonis: teamwork key for new normal
B2B partnerships seen as especially key in post-COVID era, but BT sees margins being squeezed by cloud tie-ups. Response to current disruption is providing operators with food for thought on how they can move fast, and fix things.
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Partnerships & AlliancesTelefónica, Vodafone support COVID-climate aid alignment
Telcos represented in UN-backed statement urging alignment of COVID-19 economic response with climate action. Magyar Telekom, GSMA, and Orange also pledge support.
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Strategy & ChangeDrillisch ‘not giving up’ on network plans
Prospective new MNO in tight spot over 5G ambitions.
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Network & InfraTelefónica supports call for COVID climate aid alignment
Telcos represented in UN-backed statement urging alignment of COVID-19 economic response with climate action. GSMA, Magyar Telekom, Orange, and Vodafone also pledge support.
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Strategy & ChangeDT’s Höttges hints at hybrid office future
Höttges floated the prospect of a hybrid office setup for WFH employees, potentially reducing DT footprint beyond just its retail presence.
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Network & InfraDeutsche Telekom rethinks German tower expansion plan
2,000 per year add-on ambition “too optimistic” in current circumstances.
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PremiumDeutsche Telekom Q1/FY20 first take: only mild symptoms, so far
Upbeat executives comfortable enough to keep guidance and dividend unchanged, despite some COVID-19 impact on B2B projects and consumer sales.
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Financial & PerformanceTelefónica talks up increasing digital relevance
Group believes seismic societal change will emphasise the relevance of emerging digital services. However, in recent months the rate of growth has been slowing, not accelerating. Corporate digitalisation still where the money’s at for Telefónica, with changes in the consumer market focused more on updating sales channels and improving ...
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Financial & PerformanceVodafone Idea loses leadership in all three Metros
Indian JV relinquishes last urban stronghold and set to lose second spot overall.
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PremiumVodafone FY19–20 quick take: no change here
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.