Latest Finance & Strategy Insight – Page 186
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PremiumH1 FY19: confident Telefónica cruising on
Telefónica on track for year, with management confident long-running strategy is beginning to pay off. Revenue and profit growing organically, but change in accounting standards may be flattering numbers. Operating costs floating up on digital transformation projects and to fuel the value-add commercial strategy. Latin America enterprise business growing ...
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Public AffairsNAO signals headwinds for ESN
New report from the National Audit Office (NAO) highlights further risks with the Emergency Services Network (ESN), but BT/EE on track. The Home Office subsequently extended the ESN contract with Motorola Solutions to include the Kodiak push-to-talk (PTT) product for critical communications with front-line staff.
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PremiumBT consumer plans to increase prices
The media widely flagged BT Consumer plans to increase prices for its BT TV and BT Sport services by up to 67% from the end of July 2019.
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PremiumBT Group confirmed agreement to sell headquarters in St Paul’s, London
BT Group confirmed that it has agreed the £209.5m sale of its headquarters (HQ) building in St Paul’s, London.
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PremiumMany potential buyers for BT Ireland
A number of companies are considering bidding for BT Ireland after the unit was recently put up for sale, according to reports, with indications that the process has moved beyond first-round bids. The business was said to have been put up for sale at €400m (£358m), although sources expect ...
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Strategy & ChangeJansen pitches share ownership to shift BT Group culture
A new scheme aims to award £500-a-year in shares to each of the Group’s 100,000 employees, as Jansen encourages cultural change at BT.
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PremiumNew CEO, new BT Group branding
New logo intended to create a more unified identity across all BT units, and refresh a tired image.
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PremiumGovernment releases £40m more for 5G trials
Latest £40m for 5G use case development applied to logistics and manufacturing. DCMS also flags promises of simpler planning, and more spectrum, although plans remain vague. Operators still waiting for clarity on government’s 5G supplier review.
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PremiumBT Group’s FY19–20 guidance: going down, but preparing to go up
BT’s plans to accelerate transformation, and push ahead with fibre rollout while improving customer experience, expected to impact its guidance for the 2019-20 financial year. Adjusted revenue expected to record a 2% drop for the year, with regulatory pressure and more competitive markets cited as key causes, alongside the ...
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PremiumBT steps back on ultrafast target, promises leap forward
BT’s FY20-21 ultrafast rollout target down to ten million from twelve million, but full fibre to the fore. Government distaste for G.fast appears a crucial element of BT’s decision.
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Strategy & ChangeNew competitive threat as Forthnet firms up MVNO
MVNO-sceptic Vodafone compelled to support rival’s mobile launch. Possible trigger for long-mooted M&A action.
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Strategy & ChangeVodacom Group shifts to ‘International’ enterprise play
Vodacom Business Africa moves to wider and shallower strategy, with increased commercial mindedness. Vodacom continuing to chase African powerhouse dream.
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PremiumPTC flags a “strategic alliance” with Vodafone Business
US-based wireless technology specialist PTC flagged a “strategic alliance” with Vodafone Business
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Strategy & ChangeDTW19: Vodafone Germany on charge to cloud payments
Long-running, Huawei-supported project said to have been met well, with customer experience and efficiencies benefits. Some compromises made on legacy and vendor retention.
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Strategy & ChangeHAL’s odyssey: Deutsche Telekom grows API framework to drive savings
Executives claim progress in Europe’s digitally-flavoured simplification plan, flagged at DT’s last Capital Markets Day. OneApp customer support platform nears full reach across Europe area. E-commerce and TV services next. Data-analytics layer in pipeline.
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Strategy & ChangeDTW19: Another Vodafone Group signal of coming partner platform refit
Vodafone recognises need for improvement in partner collaboration, to fuel 5G success. Chief Systems Architect looking to reshape IT, to help open-up while protecting “secret sauce”. TM Forum and University of Surrey among collaborators.
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Strategy & ChangeTelefónica/Vivo: opening Pandora’s box
CIO recounts experiences from digital overhaul of Brazilian operator’s sprawling IT operation.
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OperationsDigital transformation (DTW19): culture change, reskilling crucial
Reskilling employees fundamental to Wind Tre’s digital transformation strategy. Cultural and organisational change critical for digital transformation to be adopted at scale and to succeed. Operators must change their corporate identity to attract vital new talent. Wind Tre CIO sceptical of vendor marketing of new technologies.
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Strategy & ChangeT-Systems' IBM mainframe offload doesn’t compute for watchdog
Financial and operational setback for recalibrating enterprise division. M&A plan b likely to be looked at.