All Legal (compliance, regulatory) articles – Page 29
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People
BT strips directorships from treasurer on murder charge
Quick changes made to company officers for major BT holding companies in the wake of Treasury Manager’s widely reported arrest. Review of Winnister’s responsibilities highlights complexity of BT’s many tiers of subsidiaries, and echoes of losses past still reverberating.
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Premium
Huawei woes add to Vodafone Idea pressure
JV forced to consider other options for 5G network. India looks set to tacitly ban use of Chinese equipment. New fundraising efforts on the horizon following AGR decision.
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Partnerships & Alliances
O2 Germany still waiting on cable delivery
VfD yet to follow through with commitments made to secure Unitymedia acquisition, while rivals maintain objections to the deal.
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M&A
Vodafone Egypt sale reaches impasse; adverse event or powerplay?
Vodafone and stc ‘keep the dialogue open’ as MoU expires. Telecom Egypt denies it has a role in enabling deal, but Vodafone’s dysfunctional local partnership appears to be complicating matters again.
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Strategy & Change
Elsewhere in T-Mobile US: TMUS looks to puchase Shenandoah; Test Drive initiative gets a bump
TMUS expands customer acquisition campaign but customer rewards go awry; static continues between operators and FCC over data coverage claims.
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Strategy & Change
Höttges goes on Huawei defensive
DT gambles on Germany taking neutral stance on Chinese supplier. High hopes open RAN will help diversify the ecosystem, but systems not ready yet.
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Strategy & Change
Elsewhere in Germany: Telekom Deutschland meets BNetzA broadband target
Elsewhere in Germany Source: Kostya Golinchenko / Unsplash Germany’s Bundesnetzagentur (Federal Network Agency/BNetzA) confirmed that Telekom Deutschland (TDE) had met an interim target of providing 50Mbps mobile broadband speeds across 97% of Germany, by population, ahead of a 30 September 2020 deadline imposed after it and ...
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Strategy & Change
Q2 FY20: Steadying European ship now a top DT priority
With the appointment of Dominique Leroy to lead Europe segment, DT appears to be ensuring it can attack regional revival from all sides. An outsider but not a maverick — Group continues ‘internationalisation’ of upper hierarchy but evidently does not want to rock boat in a time of crisis. ...
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M&A
Vodafone decries Italian broadband plan
Italy’s plan to create a single national broadband network moves closer, but deal still has some hurdles to overcome and Vodafone CEO Read signals he is opposed. Beyond broadband network, project might include 5G, edge computing, cloud and data centres, creating further strategic complexity for Vodafone’s Italian interests.
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M&A
New Three boss snipes at O2–Virgin merger
Finnegan doubtful on merits of O2–Virgin Media deal, but bullish on leading further UK consolidation.
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Network & Infrastructure
Movistar signals interest in Colombian 5G spectrum
Operating business highlights plans to beef up its 5G spectrum platform, despite ongoing suggestions parent Telefónica is keen to reduce ties to the Colombian market.
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M&A
Telefónica jilted in LatAm again
América Móvil gave up on Movistar El Salvador acquisition. Telefónica once again sees sale of a Latin American asset derailed by actions of local competition and regulatory watchdogs.
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Public Affairs
Telefónica Argentina hit by Fernández decree
Presidential decree to freeze broadband, telephony, and pay-TV tariffs until end-2020 further weakens Argentina’s place in Telefónica world. Move seen as damaging enough to warrant cross-industry response. In subsequent dialogue with Enacom, operators show some willingness to play ball in return for assurances on “industry sustainability”.
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M&A
BT readies itself to ward off unwanted advances
With its share price deflated, dividend suspended, and a series of financial challenges on the horizon, BT Group is consulting on the best way to shore its defences against unsolicited bids. Boutique banker and trusted Vodafone advisor Robey Warshaw may be added to BT defence team. KKR emerges as ...
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Premium
O2 meets interim target on coverage obligations
Operating business back on track with LTE rollout after supply chain troubles, but is still playing catch-up on coverage obligations.
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Premium
Infratel–Indus Towers merger remains in limbo
Deal, agreed more than two years ago, continues to be clouded in uncertainty. Latest delay likely related to uncertainty over Vodafone Idea’s payment of AGR dues. Bharti Infratel chairman confident of favourable ruling from Supreme Court, and that Vodafone will “definitely stay” in India.
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Network & Infrastructure
UK security industry braces for IP voice surge
Openreach looks set to take the plunge on all-IP exchange migration in the coming months and BT’s retail divisions are making a push for IP-based voice services. Industry body BSIA urging members to ensure electronic security estates are prepared for the impending analogue switch-off.
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Strategy & Change
Drillisch roaming talks becoming “mother of all battles”
Prospective new MNO remains stuck in talks with rivals, leaving Germany’s four-player 5G strategy in limbo.
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Public Affairs
Ofcom wholesale voice review rings in changes for BT
The call services market is changing and Ofcom proposals aim to keep up with the times.
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M&A
Oi can afford to be choosy as rival bids for assets emerge
Restructuring Brazilian operator Oi is weighing up escalating offers for its mobile assets as a consortium of local operators compete with private equity-funded infrastructure provider Highline. TIM Brasil may have most at stake in bidding, with speculation it would take the lion’s share of Oi assets.