Latest – Page 6
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Financial & Performance
BT FY24−25 Guidance: free cash flow ‘inflection point’ in touching distance
Group misses revised revenue targets, and expects another fall to come, but groundwork has been laid for elusive ‘predictable growth’ two years out…
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Network & Infrastructure
Vodafone’s German fibre JV shakes up suppliers to navigate Geodesia delays
OXG Glasfaser has enlisted 29 build partners to accelerate infra rollout and mitigate delays seen with Altice-owned Geodesia. Vodafone’s Margherita Della Valle says the JV is now at “cruising speed” and ready to kick on…
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Partnerships & Alliances
Deutsche Telekom joins bid to build EU-backed mega AI data centre
Group is part a five-player consortium that hopes to win a piece of the EU’s €20bn budget to build an “AI Gigafactory” in Germany, as Europe unlocks funding for AI and digital infrastructure.
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People
Telefónica appoints new CEO in Chile ahead of expected exit
Juan Vicente Martín Fontelles to become CEO of Telefónica Chile in the coming days, as the Group reportedly prepares to offload the unit as part of its long-running Hispam retrenchment programme.
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Financial & Performance
BT holds off on international B2B sale until division proves its worth
FY24–25: BT Group CEO Allison Kirkby says carved-out BT International must show its value, with ‘runway’ needed for Global Fabric to do the same, ahead of a prospective offload. UK M&A remains on the cards too as BT looks to capitalise on SMB opportunity…
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Strategy & Change
Hénique signs off from Orange MEA on a high note
France-bound Jérôme Hénique discusses the challenges of managing Orange’s sprawling Middle East & Africa business, and asserts the importance of a division that has contributed significantly to Orange’s results in recent times, delivering double‑digit revenue growth for eight consecutive quarters.
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Network & Infrastructure
EE densifies Westminster network with Ontix small cells tie-up
Ties with shared infra specialist and ambitious neutral host extended to 80 fresh sites in central London, in conjunction with assertive local authority. Learn more…
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Network & Infrastructure
EnduroSat fuels European, US expansion with fresh Founders Fund backing
Bulgarian satellite manufacturer and operator seeks to ramp up production of its next-generation Endurance constellation, after closing a €43m financing round led by the USA’s Founders Fund.
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People
Deutsche Telekom centres on RAN challenges with new R&D boss
Key RAN development exec Petr Ledl is to take over as Head of DT’s T-Labs unit, with a brief to grapple with “complex technology concepts in the area of mobile networks” and push forward transformation of the group’s radio systems.
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Network & Infrastructure
Telefónica says adios to copper after completing switch-off
Spanish operator is officially in post-copper era after switching off its last legacy exchanges, putting it in pole position among European telcos to benefit from capex and opex savings.
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M&A
MásOrange, Vodafone Spain ‘rethink FibreCo stake sale’
Operator duo reportedly considers adjusting plans to offload a 40% stake in their work-in-progress fibre joint venture, after “most” of the initial non-binding offers that investors have submitted fell below the €7bn minimum valuation they are seeking.
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Financial & Performance
BT Consumer returns to multi-brand approach to ‘defend and win’ against altnet incursion
FY24–25: BT CEO Allison Kirkby has found an ally in new Consumer boss Claire Gillies as they work to undo ‘underweight investment’ in BT and Plusnet brands of recent years. U-turn on New EE strategy sees multi-brand approach ‘reactivated’, regional campaigns to beat local altnet competition…
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Weekly Briefings
EMEA Infrawatch Briefing: tower sell-offs, DC deployments, orbital experiments
Cellnex CEO Marco Patuano says the TowerCo is one step closer to selling its Swiss business and French data centre assets. Meanwhile, IHS Towers forks off Rwandan unit to newly formed tower player. In the space sector, several players look to get D2D services off the ground, while others tinker with new space comms solutions.
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Partnerships & Alliances
IHS Towers seeks military help to tackle infra vandalism in Nigeria
London-based wireless infra operator forms “strategic partnership” with Nigeria Security and Civil Defence Corps, aiming to help overcome problem of vandalism and theft of assets.
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M&A
Orange set to check out of Anytime fintech subsidiary
Orange continues to wind down its retail banking business in Europe with exclusive negotiations now taking place over the sale of Orange Bank fintech subsidiary Anytime.
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Financial & Performance
Openreach seeks another gear as altnets gain and CPs flop
FY24–25: BT CEO Allison Kirkby has tossed earlier promises of lower capex, instead fuelling an accelerated fibre build “now that we’ve got the engine humming” to bolster a defence against altnet incursions, and make up for CP shortcomings…
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Network & Infrastructure
FullFibre becomes latest altnet to call off Project Gigabit contracts
UK altnet FullFibre “mutually” agrees with Building Digital UK to terminate two rural fibre contracts, after several other operators have cancelled subsidies under the Project Gigabit scheme in recent months.
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M&A
Telefónica finalises another Hispam exit with €389m Uruguay sale
Telefónica to sell Uruguayan business to Millicom International Cellular for US$440m (€389m), as Hispam disposals are accelerated to fuel Group’s consolidation ambitions in Spanish and European markets.
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People
AtlasEdge names chief to lead new ops function
European data centre provider creates new Business Operations function, and appoints IT and telecoms aficionado Raoul du Plessis to lead it. Appointment is next in AtlasEdge’s series of management team changes seen over the past year…
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People
DT tech supremo Claudia Nemat resigns; CTO Mudesir steps up
Tectonic shift at German group as colourful and charismatic Technology & Innovation boss Claudia Nemat departs and passes the reins to number-two Dr. Abdu Mudesir.