Latest Finance & Strategy Insight – Page 176
-
Strategy & ChangeVivo commits to investment through crisis
Brazil CEO Christian Gebara cautiously optimistic on progress of joint investment plans despite potential impact of the coronavirus outbreak. FTTP rollout undertaken in conjunction with American Tower said to be progressing serenely in current circumstances. Telefónica|Vivo’s operational strength may also tempt more service providers to consider signing ...
-
Strategy & ChangeT-Systems sees European spend cuts; remixes strategy
Pandemic prompts yet another strategic rethink at T-Sys. Division expects half of European business to cut IT spend. T-Sys doubles down on digitisation to help clients adapt. New strategy based around three-phase recovery. Exec denies 5G plans on hold in wake of COVID-19.
-
Strategy & ChangeTele Columbus bats off TDE housing association rivalry
Rival suggests NatCo’s long-expressed ambition to attack bulk broadband market is still some way away from having an impact.
-
PremiumDeutsche Telekomwatch roundup - May 2020
DTCP invest in SafeBreach and cash in on video conferencing software Blue Jeans; hub:raum co-led blockchain investment round in Ubirch. Tim Höttges rotates for Adel Al-Saleh on BT board. TMUS confirmed contracts with Bandwidth Inc, Avangrid Renewables, and AWS’ A2I solution.
-
M&AO2 and VM: cash in the attic and a new shop front
While building a strong UK competitor is the headline motivation behind the plan to merge O2 UK and Virgin Media, for Telefónica the deal is a shining opportunity to get its Group finances in order. Structure of the JV suggests a key opening for Telefónica to bring its strong ...
-
PremiumBT Q4/FY19–20 results first-take: Fixed and 5G leadership at all cost
Refusing to relinquish fixed-line or mobile leadership; not alarmed by O2-Virgin Media combination. Q4 and FY19–20 performance largely ignored (was on track). Cautiously positive on weathering COVID-19 crisis, but great uncertainty. Capex rising to fund uprated fibre ambition and Technology-led transformation — carts before horses? Yet more cost-cutting (or ...
-
Financial & PerformanceTMUS’ Sievert: AT&T and Verizon privately fought Sprint merger
Q1 call sees new CEO Sievert riff on familiar Legere-era themes, taking aim at rival duo on pricing and service. COVID-19 impact still being assessed, but mixed. TMUS responds with operational “re-evaluation” but cites commercial upside too. Sprint merger: buying economies being accelerated, brands to be melded to support ...
-
Strategy & ChangeGroup sees Millicom Costa Rica withdrawal as a bit rich
Telefónica threatens legal action after late-hour back-out by buyer.
-
Strategy & ChangeDeutsche Telekom calls Camunda to orchestrate RPA and APIs
Camunda CEO: “RPA is a painkiller not a cure”. DT Service leans on business process management specialist to manage bots across multiple RPA platforms. Exec regrets not putting in place a process orchestration layer at start of RPA journey. Strategic goal is to shift from front-end RPA to APIs ...
-
Partnerships & AlliancesDeutsche Telekom updates SKT tie-up, post-coronavirus
“Immersive” virtual meetings and challenges of network management on refreshed agenda.
-
PremiumBT to invest its way through crisis says Jansen
Jansen declares an ambition to “invest more heavily on the back of this crisis” and use it to identify opportunities to drive economic recovery and benefit all stakeholders. BT CEO claims providing outlook guidance “just impossible” for months to come. No return to business-as-usual expected, but Group gearing up ...
-
PremiumBT Sport reinvents to meet coronavirus challenge
Television unit develops innovative virtual studios and repackages older content to meet the challenges of maintaining a service during the live sport blackout.
-
PremiumBTwatch roundup - May 2020
Coronavirus response takes shape across all Group entities. BT Consumer takes steps towards splitting with Carphone Warehouse following O2 UK’s recent withdrawal. Openreach boosts East Mids broadband to support home working.
-
PremiumBlanco’s empire to permeate new Telefónica
Group CTIO expected to pull the strings as Telefónica Tech and Infra establish their purpose, and ensure consistency on the adoptions and commercialisation of new technology. Team of veteran architects and technologists to head six units managing global networks and systems. Memo hints at plans for more independent fibre ...
-
PremiumBlackRock drops to 5% Telefónica shareholding
BlackRock sold a tranche of its shareholding in Telefónica, reducing its stake to less than 5% of Group capital.
-
Strategy & ChangeO2 UK cuts ties with Carphone Warehouse
Retailer’s pre-COVID-19 strategic retreat from the High Street, and resistance towards sales volume targets, matched with growing O2 emphasis on its own channels, prompted the breakdown of an already strained relationship.
-
Strategy & ChangeTelefónica Peru shareholding ownership switched, remains within Group
Group completed the transfer of a 50.22% shareholding in Telefónica Peru from Telefónica Latinoamérica Holding to Latin America Cellular Holdings.
-
PremiumCOVID-19 impacts Telefónica Group share prices
Morgan Stanley cut the financial institution’s price target for Telefónica Group to €5.70 per share from €8, while maintaining a “neutral” rating.
-
Strategy & ChangeTelefónica maintains its links as markets adapt
SME suppliers in Spain thrown an early lifeline as Group takes steps to keep supply chain moving. O2 Germany reopening stores and account switching restrictions are eased in Spain. O2 UK focuses on supporting health services, but engineers at risk as 5G conspiracy suspicions lead to vandalism and assaults. ...
-
PremiumVodafone losing grip in automotive market
2014 acquisition looks to be on a bad run and struggling to meet buyout rationale. COVID-19 worsening situation. VGE may be tuning up with Vodafone Automotive Deutschland addition. A sign Vodafone had not yet solved long-running headache of how to support bought-in innovation.