Latest Finance & Strategy Insight – Page 94
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PremiumVodafone calls in head-hunters for Read replacement
The Egon Zehnder agency, which features a well-established telco and tech practice, is set to take the hunt for a new CEO beyond internal candidates.
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PremiumTelefónica backs plan to save Ezentis from bankruptcy
Troubled supplier receives support from creditors for refinancing and restructuring plan which will ensure continued support for Telefónica contracts.
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PremiumSafaricom to replace Chairman after brief tenure
John Ngumi exits Safaricom boardroom just five months after stepping up.
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PremiumT-Mobile boasts consumer strength, targets switchers
Preliminary Q4 results indicate strong FY22 for T-Mobile, with “record high” and “industry best” contract net adds.
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Venturing & InvestmentsVi equity conversion requires further Vodafone funding
Local reports indicate that Vodafone and Aditya Birla’s planned investments fall short of government expectations.
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PremiumT-Systems dissolves Alpine unit, sets Austria and Switzerland free
Austro–Swiss synergy goals not fully met.
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PremiumElsewhere in Group: CriteriaCaixa increases Telefónica stakeholding
CriteriaCaixa increases Telefónica stakeholding
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PremiumYouView losses mount as JV ups product spend
BT-backed TV platform joint venture flags another uptick in R&D investment in bid to compete with streaming giants. Key shareholder funders BT and TalkTalk up lending to more than £100m.
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PremiumVodafoneZiggo responds to energy crisis with '100+' savings initiatives
VodafoneZiggo benefits from day and night deployment of ‘smart’ network monitoring kit to match power with demand.
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PremiumOrange finance chief Fernandez exits
Ramon Fernandez, CEO for Finance, Performance & Development, will leave in 2023 after finalising Group’s strategic plan.
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PremiumAmdocs shows ‘love’ for TMUS as second-largest customer
US NatCo accounted for 20% of vendor’s revenue in FY21–22.
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Products & ServicesBT to launch national LPWA network as IoT rises up priority list
BT Enterprise’s Division X sees IoT services over LPWA network technology as a powerful way to expand commercial relationships and leverage existing BT assets.
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Financial & PerformanceRevenue flat at UK telcos’ M&A sherpa
Robey Warshaw sees slight dip in takings despite recruitment of former UK Chancellor George Osborne.
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OperationsVodafone digs deep to ensure business resiliency
Vodafone mobilises workforce to tackle series of ‘overlapping crises’.
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Strategy & ChangeBas Burger to lead BT’s combined enterprise division
Current Global CEO takes BT Business top-spot as Enterprise opposite Rob Shuter steps away from the Group.
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PeoplewatchWeidenmüller takes the reins at T-Systems International
Exec moves up and across from role as COO, Private Customer Sales with Telekom Deutschland to take up new position at T-Systems.
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Strategy & ChangeUK altnet Giganet plots wholesale play to counter Openreach threat
After acquiring ISP Cuckoo, the altnet’s next move is opening its network. Wholesale is necessary to compete with Openreach and “just makes business sense”, says CEO Jarlath Finnegan.
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Financial & PerformanceArqit downs satellite tools after hyperscaler deals
UK-based quantum specialist steps back from hardware as software proves superior.
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InterviewCityFibre gets IT in shape to keep pace with fibre build
Chief Digital and Information Officer Vicky Higgin sets course for growth.