Latest Strategy News – Page 38
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People
Tesco Mobile installs new CEO
Retail giant’s Managing Director of Large Stores shifts across to lead long-running JV with Virgin Media O2.
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M&A
American Tower CEO sees 'nothing compelling' to tempt splashing out on M&A
After offloading assets in Mexico, Poland, and possibly India, American Tower has little interest in international acquisitions to expand footprint.
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Partnerships & Alliances
Deutsche Telekom spreads AI wings with ‘global’ alliance
Group signs MoU with e&, Singtel, and SK Telekom to form Global Telco AI Alliance.
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Financial & Performance
Q2 FY23: Telefónica to navigate via ‘GPS’ in next strategic cycle
Growth, profitability, and sustainability are key focus areas as Group preps vision for cash flow growth in the period to FY26. Learn more about the upcoming strategy update being concocted with McKinsay that was outlined with the Q2 results…
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Strategy & Change
T-Mobile ‘looking hard’ at options to ‘crack the code’ for FWA expansion
CEO says economic ways to extend FWA footprint are not “immediately obvious”.
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Network & Infrastructure
Openreach creeps towards fibre connections target
Unusually, infrastructure division seen stuttering on fibre rollout and falling short on annualised run-rate goal of four million premises passed.
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Strategy & Change
Orange CEO downplays Ethiopia ambitions
Heydemann currently sees little opportunity for value creation in Ethiopia under current conditions. Read more about Orange’s MEA powerhouse strategy and Q2 performance, incl. Orange Money…
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M&A
Van Boxmeer eyes full ownership in UK merger
Vodafone Chairman suggests operator could buy out CK Hutchison’s stake in the merger between its UK OpCo and Three UK.
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Financial & Performance
Q1 FY23–24: BT boasts revenue boost as price hikes pay off
Revenue up across every division, EBITDA follows suit in all but Business.
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Strategy & Change
KPN CEO Farwerck wants to ‘snaffle’ infra rivals
Dutch telco interested in following up recent Primevest acquisition with more FibreCo bolt-ons.
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Strategy & Change
Orange seeks recipe for success in France after Spanish turnaround
New Orange France CEO cooking up a strong plan for la rentrée. Christel Heydemann remains confident of Spanish merger success.
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Network & Infrastructure
BT explores charging options in ‘EV revolution’
Pilot confirmed after early hints, with public partnership and private investment among the funding options.
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Partnerships & Alliances
T-Systems extends foray into quantum realm
Deutsche Telekom’s enterprise arm signs MoU with IQM Quantum Computers to offer access to cloud quantum computing services and training, with a Europe-based focus. Deal builds upon similar tie-up with IBM earlier this year, expanding its quantum services to a “multi-cloud quantum landscape”.
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Operations
T-Mobile taps advertising ‘pioneer’ to lead T-Ads biz expansion
Jean-Paul Colaco is appointed ‘Chief T-Ads Officer’, says Mike Katz. US NatCo has come under spotlight over data privacy practices.
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Financial & Performance
Q1 FY23–24: Vodafone Spain rolls back retail presence as review continues
Della Valle confirms that 15% of OpCo’s retail stores have been closed as Vodafone gradually shifts distribution to “more digital channels”.
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Financial & Performance
Q1 FY23–24: Vodafone’s turnaround trudges on as Della Valle heralds ‘first steps’
CEO Margherita Della Valle claims early efforts are starting to bear fruit as the Group posts revenue growth.
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Enterprise (B2B)
BT sees SMEs under attack as cybersecurity becomes a strategic priority
As ransomware growth plateaus, cybercriminals are said to be extending their reach to cover smaller targets, with digitalisation creating heightened SME vulnerability.
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People
Vodafone selects former SAP finance chief as CFO
Hiring coup coincides with upbeat results and fuels curiosity over story Della Valle and van Boxmeer spun to lure high flyer.
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Network & Infrastructure
Telekom Deutschland boasts FTTP deployment momentum; remains coy on take-up rate
German NatCo passes another 200,000 households in June, clocking 1.3 million YTD. ’Fibre’ and ’optical’ obfuscation continues, with particular coyness over low FTTH adoption.
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People
Cash-rich UK altnet snags more senior BT Group execs
G.Network appoints former BT and Openreach man Jon Hurry as Chief Commercial Officer as part of management revamp; Carl Grose, ex‑Openreach, joins as Chief Operations Officer.