Latest Regional News – Page 29
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Financial & PerformanceDeutsche Telekom Q1 FY24 Guidance: focus builds on cashed-up DT’s shopping list
Q1 FY24: Group continues to project healthy jumps in revenue, earnings, and cash flow expected in FY24.
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Network & InfrastructureVodacom sues regulator and MTN over alleged improper spectrum sharing
Suspicions on MTN’s perceived overperformance in Ookla testing prompted Vodacom to investigate its rival’s spectrum practices, and allege malpractice in new court filings.
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M&ATelefónica, Asterion ‘gearing up’ to put data centre asset in play
Bidding for data centre operator reportedly set to begin “in the coming weeks”, shortly after firming up major capacity expansion agreement with hyperscalers.
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Network & InfrastructureTelekom Deutschland picks up pace on fibre after slow start to 2024
Deutsche Telekom’s home market business adds 190,000 homes to its fibre footprint in April, leaving it with 1.6 million to go to hit its 2024 target.
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M&ADigi lands fresh role in OTE’s Romanian exit saga
OTE has signed an MoU with West Network Invest, said to be majority owned by Digi Romania.
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M&AVivo in talks to buy FibreCo Desktop, advance consolidation — report
Brazil’s largest integrated operator reportedly sounding out São Paulo-focused fibre specialist for acquisition. Move would could kick up country’s fibre consolidation and add a million to Vivo’s strategically important fixed-broadband customer base. Read more…
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Partnerships & AlliancesTelefónica extends Google Cloud deal into realm of AI
Group frames three-year extension and expansion of cloud services relationship with hyperscaler as a means to expand in B2B and accelerate digital transformation.
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Network & InfrastructureSafaricom Ethiopia sources locally made towers for network rollout
Safaricom Telecommunications Ethiopia hailed a “new era” for the country’s telecom sector as it prepares to install the first homegrown towers that come with same quality but lower price than imported equivalents.
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M&AT-Mobile grabs first slice in UScellular carve-up
T-Mobile US to spend about $4.4bn on a sizeable customer, spectrum, and operational bolt-after agreeing previously mooted buyout of UScellular.
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Strategy & ChangeVodafone clarifies climate ambitions, pushes net zero back five years
With the publication of its first Climate Transmission Plan, Vodafone delivers more concrete information on the Group’s decarbonisation plans and expectations, but downgrades an ambition to reach Scope 1&2 net zero.
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Products & ServicesVodafone’s TOBi chatbot gets a generative AI makeover from Microsoft
Vodafone reveals early progress with applying GenAI to advance customer experience transformation as part of strategic tie-up with Microsoft.
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Network & InfrastructureMillicom sees joint Telefónica NetCo as key to Colombian ‘repair’
Outgoing Millicom CEO Mauricio Ramos says network-sharing JV was “badly needed” to drive a turnaround in country’s hyper-competitive and capital-intensive telecoms market. Collaboration forms key part of both operators’ strategic switch-ups, with Millicom already seeing early benefits. Read more…
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OperationsT-Mobile ramps up retail workforce ahead of price hikes
American NatCo appears to have reinforced its customer front line in Q1 FY24, as it seeks to keep pace on customer base growth while bedding in price rises.
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Strategy & ChangeDT looks to Lumos for enlightenment on US fibre strategy
Following tie-up with EQT to make first US fibre buy, the Group’s CEO says further transactions could lie ahead, but that that possible ‘phase two’ M&A targets have been scoped out.
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Financial & PerformanceVodafone fades as Vi 2.0 resets finances to drive India network comeback
Vodafone passive, lets stake plummet, as Indian JV financially engineering 4G/5G comeback. Work in progress, with $20bn+ debt, and further government lifeline and bank borrowing on horizon. Read more…
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Network & InfrastructureDT bosses not wild about BNetzA’s rights extension conditions
BNetzA proposals, outlined last week, would let Germany’s three major mobile players avoid a lot of the cost of re-acquiring licences due to expire next year.
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Network & InfrastructureSpanish telco trio to share spectrum on rural 5G rollout: report
MásOrange, Telefónica, and Vodafone reportedly planning to pool spectrum assets for UNICO-5G Redes Activas initiative. Suggested move holds potential to reduce costs of meeting government rural coverage targets.
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Partnerships & AlliancesTelefónica adds cybersecurity dimension to Microsoft alliance
Telefónica Tech integrates generative AI tools such as Microsoft Copilot for Security with its portfolio.
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M&ASpain completes another Telefónica stake purchase, hitting 10% target
Government finishes two-month process of incremental share buy-ups to become the operator’s largest stakeholder. Reports indicate Spain’s CriteriaCaixa also looking to increase stake to 10% to match government’s holding. Read more…
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Venturing & InvestmentsWayra, BancoEstado launch fintech startup call
Telefónica’s open innovation unit seeking out fintech entrepreneurs and startups alongside Chilean bank. Move reinforces Wayra’s interest in fintech and follows several investments in sector over last three years. Read more…