Latest Finance & Strategy Insight – Page 177
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Products & ServicesVodafone shutters Bit and puts focus on yu
Closure a sign of Spanish OpCo’s move to a more fleet-footed go-to-market strategy.
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Public AffairsSupreme Court offers Vodafone scant hope
Top court in the land calls halt to operator self-assessment on fees. Irate judge threatens bosses with jail if liabilities not paid in timely manner. Read meets with India government ministers to seek assistance. COVID-19 lockdown measures provide temporary reprieve.
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Public AffairsVodacom plays ball with CompCom on data pricing
Compromise found to help SA’s low-income groups access mobile data. Price elasticity expected to take sting out of sharp price cuts. Auction of 4G- and 5G-friendly spectrum still slated for late-2020.
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PremiumVodafone, Deutsche Telekom sign NB-IoT roaming agreement
Vodafone signed a Narrowband Internet of Things (NB-IoT) roaming agreement with European arch-rival DT.
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Strategy & ChangeWibergh on network impact and continuity measures
Vodafone CTO posted an update on the way the operator is seeking to address changing usage habits following the COVID-19 containment measures seen across Group territories.
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Suppliers & SCMSynamedia flags Vodafone contract
Synamedia flagged a “multi-year contract” with Vodafone, focused around the Group’s TV stack consolidation plans.
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Venturing & Investmentsngena under new ownership
DT sells controlling stake in spinout to US investment group.
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PremiumBT makes stand against coronavirus
BT emphasising the critical role of digital infrastructure as the coronavirus pandemic brings dramatic changes to the UK. Support for government initiatives, including big data sharing and boosted NHS connectivity stressed, while management hopes government support will follow as economic challenges to the Group emerge. McRae gives a ...
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Strategy & ChangeThe ups and downs of being a good sport
BT Sport hit with negative publicity amid tardy coronavirus response. Season’s televised football up in the air.
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PremiumBT reviews senior leadership pay
A change in remuneration policy currently under review, potentially restricting pension allowances.
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PremiumDeutsche Telekom’s Q4 FY19: hyped-up Höttges preps master plan update
FY19 sees Group remain on track with short- and medium-term targets. European businesses regaining form. DT now entering new era after supercharging US presence through Sprint merger. COVID-19 outbreak adds to sense of a watershed. Ex-CFO Dannenfeldt trolled over cost savings miss.
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PremiumDeutsche Telekom’s European division continues to improve, within limitations
CEO Gopalan given till 2024 to progress business revival plan. DT remains cautious, though, with brake held on spend. Outgoing M&A still on agenda, to help turnaround.
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PremiumEfficiency now name-of-game in German FTTP rollout
Average cost-per-premises passed dips below €1,000, with further efficiencies anticipated. Agile IT and advance fibre planning supporting an accelerated rollout and streamlined back-office processes. Höttges ready and willing to buy wholesale and collaborate to build fibre momentum with progress on EWE and Stuttgart partnerships flagged.
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OperationsDeutsche Telekom signs ten year solar energy deal with Vattenfall
Leadership seeks to set tone on sustainability. Operator trumpets 2030 emissions reduction target. Switch to renewables moves forward.
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PremiumAl-Saleh retained for next phase of T-Sys reboot
CEO gets a two-year extension as results hold up during overhaul. Deal positions 2022 as target year for emergence of revamped T-Sys. Cash flow production remains the big unticked box. DT confirms coming extraction of division’s network activities.
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PremiumBuoyant T-Mobile moves into next chapter
Q4 results draw line under pre-Sprint era, continue rapid, Un-Carrier-led growth. American NatCo now producing more revenue than Group’s other three main segments added together. Sprint merger hastily wrapped up as COVID-19 crisis escalates. DT leadership joy evident as transaction goes through with improved terms and seemingly better-than-expected ...
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PremiumT-Mobile US grabs more mmWave spectrum but not gung-ho
TMUS spends much less than Verizon and AT&T in auction of 37GHz, 39GHz, and 47GHz frequencies. NatCo’s total spending on mmWave spectrum exceeds $1.7bn in little more than a year. COVID-19 pushes back CBRS auction by a month.
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PremiumVodafone promotions put Gigabit ball back in Telekom Deutschland’s court
Slowdown in Telekom Deutschland broadband user growth evidently concerning leadership and stakeholders. Focus increases on whether FTTP plans need a rethink, to strengthen position.
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PremiumSenet, T-Systems NA flag strategic IoT partnership
T-Sys NA and Senet, an IoT service provider, flagged a strategic go-to-market agreement.
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PremiumDTAG to remain in state ownership
DT looked set to remain under partial state ownership for the foreseeable future after the Bundesministerium der Finanzen reaffirmed the national security benefit of retaining at least a blocking minority (25%–50%) in DT.