Latest – Page 15
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Financial & PerformanceBeyond mobile: Vodacom invests in non-core services as a major driver of growth
Q3 FY24–25: Operator on track for ‘beyond mobile’ to contribute a quarter of Group service revenue as it advances a ‘dual-sided’ financial services ecosystem. Vodapay and M-PESA continue to play central role in Vodafamily growth, but newest market Ethiopia not yet pulling its weight…
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PeopleVodafone brings in Proximus boss to lead Investments & Strategy as Timuray exits
Serpil Timuray exits after a year leading Vodafone Investments, with Guillaume Boutin appointed her successor.
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Weekly BriefingsDeutsche Telekomwatch Briefing: T-Mobile’s looking up
Un-Carrier continues to build out its growth platform as it reports FY24 figures, mooting a wider play in satcomms and assuring over the strength of its prepaid business. Read more…
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Strategy & Changestc secures stake (and strategic say) at Telefónica
Saudi operator increases its holding in Spanish operator to just below 10%, following government approval for controversial move in November. Share buy to be accompanied by a Board of Directors seat, confirming stc’s position of influence over Telefónica, alongside Spanish government, as Group changes complexion. Read more…
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Innovation (R&D)BT to create unified innovation function as Division X, Etc. combine
Group seeks to “sharpen” connectivity focus and meet evolving customer needs with new innovation team, under the watch of Tom Meakin’s Strategy & Change team. Longstanding Etc. chief Tom Guy leaves the Group, while Business’s Division X joins forces with the ‘startup from within’…
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M&ATelefónica seeks to win regulatory nod for Colombia exit
Telefónica and Millicom have asked Colombia’s competition authority to review a proposed deal that would seal the Spanish operator’s retreat from the challenging market.
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Strategy & ChangeBT ‘remains committed’ to diversity despite dropping DEI calculator
BT’s decision to drop the diversity, equity, and inclusion targets from its management bonus scheme comes as the corporate world reassesses the benefits of DEI measures. BT claims to be ready to move on with DEI already embedded, but has it reneged on commitments without first meeting targets?
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Weekly BriefingsEMEA Infrawatch Briefing: SatCos explore new options; subsea revamps
Spain’s Indra eyes bigger role in European satellite picture, while Eutelsat moves to bring space connectivity to Nigeria and (reportedly) Egypt. Meanwhile, fibre players have struck fresh deals in Ireland and Spain, while others consider if further buys are immediately necessary…
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Financial & PerformanceVodafone exports Turkish innovations as OpCo flexes digital muscle
Q3 FY24–25: Group CEO Margherita Della Valle says Vodafone Turkey ‘outperforming’, setting a blueprint that can be applied elsewhere. CFO Luka Mucic namechecks Egypt as one market that might take lessons, but sees opportunity to pull market-specific levers, too…
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Suppliers & SCMOrange re-ups with Nokia for 5G upgrade in France
Orange France plans broader trial of Nokia’s cloud RAN technology as part of an extended contract to upgrade parts of its network with the vendor’s AirScale products.
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M&ABT offloads Irish B2B unit to Cordiant’s Speed Fibre
BT strikes deal with investment group to sell enterprise and wholesale units to Speed Fibre, with completion expected later this year. Move advances CEO Allison Kirkby’s agenda to pare back BT’s international presence, following earlier news of Irish data centre sale…
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Venturing & InvestmentsDeutsche Telekom invests in voice AI startup ElevenLabs
Group’s corporate venture arm T.Capital splashes out on a strategic stake in UK-based artificial intelligence voice startup ElevenLabs with intentions to roll out the popular tech to customers.
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Weekly BriefingsBTwatch Weekly: patience required after more mixed results
Latest from BT, including an in-depth look at the Group’s Q3 earnings, the new BT Business CEO, and Openreach’s broadband vulnerability; Ireland divestment confirmed; rural Scotland build rolls on; more…
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Suppliers & SCMVirgin Media O2 puts Hansen on five-year tech revamp mission
Australian software provider Hansen to support UK joint venture on digital transformation and wider business revival plan.
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Suppliers & SCMCrnogorski Telekom re-hires Amdocs on revenue tool update
Montenegrin telco to replace and upgrade CRM and billing systems from a previous tie-up with Amdocs.
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Financial & PerformanceVodafone’s German problems take root as OpCo flounders
Q3 FY24–25: insipid performance of largest OpCo overshadows promise elsewhere, spooking investors, with forced cable TV unbundling only part of mushrooming problems. There is light at the end, if management is believed, but tunnel keeps getting longer…
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M&AIndra to create integrated European satellite player with Hispasat buy
Spanish defence and IT group firms up plans for €725m purchase of Hispasat, with plans to form “most integrated” SatCo in Europe. Indra’s Executive Chairman Angel Escribano says deal is “key” to reaching target of at least €1bn total space sector revenue by 2030…
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PeopleGSMA seeks new Chair to replace former Telefónica CEO
The GSMA begins hunt for new chair after swapping out deposed Telefónica boss José Maria Álvarez-Pallete. Marc Murtra takes a board seat, with Bharti Airtel’s Gopal Vittal stepping to take the chair in the meantime…
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Financial & PerformanceBT Q3 Highlights: is the tanker beginning to turn?
Q3 FY24–25: 12-months in and CEO Allison Kirkby continues to impose herself on the Group with yet more executive changes, but the needle on KPIs has scarcely twitched. Management remains optimistic about prospects at Consumer and Openreach, but latest Business reboot smacks of overseas defeat, as Q3 trading update builds on now-familiar ‘wait and see’ mantra…
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Financial & PerformanceBT Q3 Guidance: confident but under pressure
Q3 FY24–25: Having reduced revenue targets last quarter, BT now expects to hit FY goals even if under pressure to deliver in final three months.