Latest – Page 21
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Financial & PerformanceVodafone FY23−24 Guidance: muted optimism extends to forecasts
CEO Della Valle continued a trend of paring back and tempering expectations in uninspiring guidance figures.
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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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PeopleVodafoneZiggo appoints Sky’s van Rooyen as new CEO
Stephen van Rooyen named CEO at Vodafone−Liberty joint venture, set to join in September.
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Financial & PerformanceNew EE must wait five years to be rid of Old BT
New CEO Allison Kirkby re-confirms Jansen/Allera New EE strategy, but BT brand to limp on in Consumer at least until PSTN shutdown, with Plusnet retained as broadband b-brand. ARPU is up, but multiplay elusive as ever, subscribers still being lost, still far from walking the talk. 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…
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Consumer (B2C)BT delays Digital Voice switchover, revamps all-IP rollout plan
BT needs more time to complete the switch to digital landlines but hopes Digital Voice customer conversions will go hand-in-hand with full-fibre upgrades.
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Public AffairsDT agrees ‘painful’ compromise with German unions
Management averts further strikes by securing deal giving home market workers a 6% pay rise, as well as easing stance on collective agreement coverage and timeframe.
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PeopleDT promotes Dimitrios Rizoulis to lead global carrier unit
DTGC’s long-time boss Rolf Nafziger moves to a new strategy role after six years leading international wholesale services business, including rebrand and reposition in 2018, and internal relocation in 2020.
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Financial & PerformanceGains-hungry DT gives German business a fresh fibre sales goal
Telco’s home market business looking to break through upselling obstacles and add 450,000 new homes to FTTH plans by the end of 2024.
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Financial & PerformanceOpenreach to invade Project Gigabit, snap up altnet misfires
FY23–24: Closing in on infill Project Gigabit contracts, also eyeing altnet misfires. Line loss the new reality despite strong fibre build and take-up momentum. TelcoTitans BTwatch predicts altnets will step up, not roll over. New CEO Kirkby makes clear Openreach not for sale (yet). Read more…
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Financial & PerformanceDT’s Höttges unworried by uptick in German mobile competition; lets rivals ‘do their shit’
Deutsche Telekom CEO sees increasingly intense battle for customers, sparked by strategy shift at Telefónica Deutschland, taking place outside of German NatCo’s higher-value ‘sweet spot’, and therefore not a cause for concern.
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Financial & PerformanceBT Business gets UK exceptionalism vibe, with Global ops on chopping block
New CEO Allison Kirkby mulls further ‘optimisation’ opportunities in latest bid to turn around long-beleaguered B2B activities. Much-lauded new network-as-a-service proposition Global Fabric may be retained as partner play. Domestic rump not obviously a better bet, however…
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Financial & PerformanceVodafone CEO: “No remedies needed” for UK merger
FY23–24: Some done and more to come in Group CEO Margherita Della Valle’s reshaping of the European footprint. With approval for Spain sale, M&A focus turns to completing Italy and UK deals — with the latter looking likely to cause headaches despite the CEO’s optimism…
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Weekly BriefingsTelefónicawatch Weekly: Group focuses on key deals, initiatives in Q1 to keep GPS on track
Operator showcases modest growth in Q1 FY24 results publication, with plans for acceleration over rest of year, although uncertainty on critical initiatives remains. Meanwhile, mobile offerings strengthened in Germany, Spain, and the UK, both above and below the ground. Read more…
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Weekly BriefingsBTwatch Weekly: Kirkby gathers transformation troops, but can she convince investors?
Latest from BT and its ecosystem the day before the Group’s FY23–24 results hit the screens. CEO Allison Kirkby is corralling a new squadron of incomers to drive forward her flavour of transformation for BT, but investors so far appear unconvinced. Spectrum auctions may be imminent, as real estate redevelopment nears completion, and a revitalised Corporate & Public Sector team boast a West Country win. Read more…
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M&AT-Mobile’s Osvaldik stays coy on UScellular rumours
CFO indicates that UScellular would be approached in the same way as any other ‘hypothetical situation’.
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Financial & PerformanceIHS Towers targets $1bn from asset disposals
Tower group’s chief executive announces ten-digit goal for proceeds from business sales, amid ongoing strategic review.
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M&AVodafone earns regulatory go-ahead for Spanish retreat
Vodafone Spain sale to Zegona Communications to complete by the end of the month, with share buyback programme already underway.