Latest – Page 302
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Suppliers & SCM
Deutsche Telekom plans early-2021 IoT Hub launch
Open IoT Hub platform architecture is ready for lift-off in Q1 2021. Launch marks new phase in DT IoT growth strategy. DT IoT wants to work with more ecosystem partners in IoT Hub.
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Premium
Vodafone people moves: top level swaps for Greece, UK, and Vi
Vodafone UK CEO Jeffery to leave; veteran Essam to take his seat. Kate Beaumont joins from Samsung. Vi marks the end of its brand transformation with CMO appointment. Vantage Towers Greece names President in Exarchos.
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Network & Infrastructure
Greek 5G auction exceeds targets, builds innovation kitty
Vodafone Greece leads the pack in terms of spend. Portion of proceeds earmarked for state-backed startup investment beginning in 2021.
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Partnerships & Alliances
BT to head trials at Reading’s Arrow Drone Zone
Group targeting commercialisation of drone flights using country’s “first commercial drone corridor”. Funding delivered through four-year government initiative, but securing safety assurances for BVLOS flights first port of call. Potential benefits to healthcare vertical highlighted.
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Partnerships & Alliances
T-Mobile MONEY partner banks contract extension
White label banking provider BankMobile flags the success of its T-Mobile partnership as a contract extension is signed and Sprint customers added. Vendor aims to add another “large” partner due in 2021.
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M&A
Liberty homes in on Telefónica units in Colombia and Ecuador
Reports suggest that Liberty Latin America is stepping up its acquisition strategy, and could enable Telefónica to tick two more boxes on its regional divestment list.
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M&A
Vivo shares Oi’s spectrum spoils
In administration operator Oi takes another step towards recovery with divestment of asset trifecta. Mobile assets won by three-strong consortium of Claro, TIM Brasil, and Vivo. Vivo adds to spectrum capacity as well as new customers, while TIM still takes the lion’s share.
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Public Affairs
eir’s fury over BT’s NI PSSN contract award reignited
BT hit with substantial fine for misinformation that may have affected the outcome of a £40m government contract. Irish operator “considering our options” on prized PSSN contract, although Ofcom found no deliberate breaches.
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Telefónica people moves: leaders emerge at re-jigged Telefónica Tech
Telefónica Tech re-organisation brings new names to light. Fibre leadership changes in South American businesses. Former O2 Germany CEO Dirks takes top-spot at rival to Telefonica’s new InfraCo.
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People
Colao dismisses Ferrari driving seat rumours
Unexpected departure of Ferrari’s CEO sets the rumour mill in motion, with former Vodafone boss Colao mooted as one potential successor. Reports said to be baseless by source close to Colao.
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Network & Infrastructure
Vodafone Germany CEO Ametsreiter on 5G ramp-up mission
Vodafone Germany ups 5G coverage targets but still lags Telekom. Draft IT Security Act 2.0 under fire from former Head of Cybersecurity at the Ministry of the Interior.
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Vodafone Q2 FY20–21
Cost-cutting props up performance during COVID-19-hit quarter and CFO indicates she is preparing to step up efficiency plans further. Lag in delivery of leadership’s “Phase Two” plans, including Tech 2025, muddying attempts to assure stakeholders of a brighter future. Lots of talk of “underlying” strength as Group’s leadership seeks ...
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Headline numbers: weathering the storm, for now
Key numbers relatively solid, reflecting telecoms sector’s cushioning from worst of pandemic disruption. Cost-cutting props up earnings, offsetting top-line weakness. Results preceded latest coronavirus response measures, which will have exacerbated drag on roaming revenue. Government support measures and resumption of international travel cited as key to maintaining solidity.
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Premium
Guidance: tightly-wound numbers obscure future
On a like-for-like basis, Vodafone Group is holding its own in the pandemic so far and leadership appears confident regarding short-term outlook. Longer-term prospects remain a question mark, however, especially as cost-cutting — rather than the top-line growth — is keeping the Group on a steady course. Asset sales ...
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Spend: Della Valle dials it up on COVID cost-cutting
CFO flags acceleration of savings push during H1, and possibility of a further expansion of ambitions for the post-COVID era. Planned developments at Vodafone Procurement Company briefly mooted. Stark Retail and Shared Services cutbacks detailed.
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Premium
Europe: Read stresses asset line-up is not settled
Vodafone leadership considering next phase of Group strategy, and indicates M&A moves could form part of new medium-term plan. Group open to solutions in markets not generating sufficient return on capital employed. Germany’s importance to Vodafone on display again; commitment to other markets less obvious.
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Premium
Africa: resilient SA helps Vodacom through crisis
Vodacom continues to perform well despite regulatory and macro pressures across its regional footprint. However, unfavourable currency trends remain fly in the ointment when Group’s results are translated to Vodafone’s P&L. No sign yet that Vodafone management is going cool on its commitment to Africa, despite weaknesses and willingness ...
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M&A
BT retreats in Italy as court date looms
TIM snaffles SME and public sector accounts business, but BT maintaining a presence for large enterprises as well as multinationals. Taint of accounting scandal lingers, with former Global executives set for trial in 2021.
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Strategy & Change
BT builds up Data & AI Solutions biz
Data & AI Solutions business searches for revenue gold in BT Group’s data hills. BT researchers tap data for better customer experience, while Openreach data scientists reduce cost of fibre rollout.
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Strategy & Change
T-Systems exits Malaysia
T-Systems sold its business in Malaysia to investors last month after major customer Shell moved IT operations to India, TelcoTitans has learned.