All Legal (compliance, regulatory) articles – Page 27
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Premium
Telefónica shuts down 1,000 copper exchanges
Reaches milestone five years after the shutdown programme began. La Audencia Nacional annuls €3m CNMC fine on treatment of wholesale DSL customers. Green measures introduced in 2020 mean operator “on track” for net-zero emissions by 2025.
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Strategy & Change
Ethiopian mobile: Tigray overshadows Safaricom-Voda market entry
Escalating conflict and humanitarian crisis spreads in northern region. Prime Minister Abiy Ahmed criticised for Tigray response, but undeterred on reform agenda and courting private investment. What is Safaricom-led OpCo getting into? Unrest brews challenging conditions, as US sanctions threaten OpCo funding. Vodafone keeps a low profile in Ethiopian ...
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: Argentinian OB rues State interference
State interference continues to plague Argentinian OB; mobile licence renewals discussed in Ecuador.
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Strategy & Change
Elsewhere in Vodafone Associates & JVs: Indus tidies IT up
Indus tidies IT up; India becomes potential early target for Vodafone’s sat venture with AST.
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Enterprise (B2B)
Vodafone’s Read wants Europe to ‘do a Spain’ on digital
Group CEO makes reference to €3bn budget for digitalisation of small businesses. Move chimes with existing Vodafone Business strategy to focus on SMEs.
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Premium
BT doubles down against overcharging allegations
Group intends to “vigorously defend” itself against a class action lodged with competition authorities that alleges historic overcharging for voiceonly customers.
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Strategy & Change
Elsewhere in Openreach; expanded FTTP rollout
Openreach expands FTTP rollout, and expands cablelaying contracts to support the plans.
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Strategy & Change
Movistar shares football rights with challenger Orange
Orange takes up alternative broadcaster title with La Liga and UEFA tournament showings in Spain. Movistar pockets an estimated €350m from the deal.
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Premium
Elsewhere in BT Group: BT Sourced’s new home
Better Workplace marches on; BT Sourced finds a home.
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Public Affairs
Safaricom split proposal all but quashed
Overwhelming majority of MPs choose not to engage in debate over Kenyan operator’s future structure. Controversial proposal does little to revive ghosts of the past.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: Peruvian regulatory headaches
CAF gives Telefónica relationship a ‘new normal’ reset; Peruvian regulatory headaches persist, as Telefónica’s fines mount and OB questions payTV clampdown.
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Strategy & Change
Elsewhere in Telefónica Group: Álvarez-Pallete blasts regulatory framework
Álvarez-Pallete blasts “outdated” European regulations.
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Public Affairs
T-Mobile US confirms loss of customer data in new breach
Sixth and largest data breach in four years affects nearly 55 million people. TMUS CEO Mike Sievert: “We failed. We’re sorry”. Sievert pledges multi-year investment and calls in experts from Mandiant and KPMG to “transform” TMUS approach to security. Hacker says TMUS security is “awful”. Questions remain for TMUS ...
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Network & Infrastructure
Portuguese operators remain embroiled in epic 5G auction
Portugal’s 5G auction has completed 146 days of bidding, and counting. Government said to have no plans to intervene, but drag adds to 5G deadline pressure.
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Financial & Performance
Vi AGR appeal torpedoed; Birla seeks to jump ship
Vi challenges Supreme Court decision to stick with DoT’s AGR liability calculation. Vodafone’s junior partner Kumar Mangalam Birla resigns as Vi Chairman shortly after India’s top court sides with DoT. Vi CEO Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.
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Strategy & Change
Safaricom looks closer to Ethiopian fintech expansion
Newly established Ethiopian OpCo reportedly given green-light to offer fintech service by market regulator. But incumbent rival already gifted year-long head start in m-money services realm.
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Strategy & Change
VM O2 preps for wholesale with code powers application
Concerns over securing acceptable commercial terms for key sites on VM O2 network behind request for additional tenancy rights. Code-based flexibility will simplify the process of enabling wholesale access to sites, while supporting potential network expansion.
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Financial & Performance
Vodafone, ABG keep funding taps closed for beleaguered Indian JV
Vi shareholders wash their hands of JV’s plight. Insist that private investment is the only way for Vi to remain going concern. Vi CEO Ravinder Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.
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M&A
Vivo set for a longer wait as CADE rules Oi deal is complex
Regulator to take its time to examine Oi divestment in detail. Decision confirms fears that closure will likely take place in 2022. Suggestion raised that deal could even be rejected.
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Network & Infrastructure
Joosub fears Telkom will put spanner in SA spectrum works
Vodacom CEO hopeful that operator dialogue with ICASA can solve impasse on 4G/5G spectrum. However, Joosub thinks Telkom has a propensity to “delay or play games”.