All Legal (compliance, regulatory) articles – Page 30
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B2BVodafone’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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PremiumBT 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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PremiumElsewhere in BT Group: BT Sourced’s new home
Better Workplace marches on; BT Sourced finds a home.
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Strategy & ChangeMovistar 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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Strategy & ChangeElsewhere in Openreach; expanded FTTP rollout
Openreach expands FTTP rollout, and expands cablelaying contracts to support the plans.
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Public AffairsSafaricom 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 & ChangeElsewhere in Telefónica Group: Álvarez-Pallete blasts regulatory framework
Álvarez-Pallete blasts “outdated” European regulations.
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Strategy & ChangeElsewhere 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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Public AffairsT-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 & InfraPortuguese 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 & PerformanceVi 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 & ChangeSafaricom 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 & ChangeVM 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 & PerformanceVodafone, 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&AVivo 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 & InfraJoosub 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”.
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Public AffairsUzan family sues Vodafone and others for $68bn
Turkish clan of business tycoons claims its assets were illegally seized and sold by the state. Vodafone’s 2005 acquisition of Telsim among the family’s grievances. Group denies all allegations of contributing to defraud the Uzans.
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Network & InfraDT and BNetzA lock horns over private 5G licences
Deutsche Telekom spectrum expert says frequency ‘set-asides’ risk limiting the success of 5G in Europe. BNetzA says campus networks a ‘success story’ in 3.7GHz/3.8GHz band.
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Strategy & ChangeElsewhere in Vodafone Group: Group shells out €20m in fines
Dutch copycat in Ireland ‘not on cards’; sustainability front and centre with green network boost; Group shells out €20m in privacy fines.
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PremiumElsewhere in BT Consumer: BAI goes underground
BAI takes fibre competition underground and BT unveils a new set-top box.