All Legal (compliance, regulatory) articles – Page 31
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M&AVodafone gets India tax break from The Hague
International arbitration court rules against India in long-running tax dispute surrounding 2007 Hutchison Essar acquisition. Prime Minister Narendra Modi’s government reportedly mulling an appeal, pending legal advice. In separate tax news, India’s Supreme Court calls for ten-year payback period on outstanding AGR dues.
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Public AffairsHuawei on retreat as US dials up European pressure
German coalition cabinet reportedly approves measures in IT security bill that, if passed, will effectively ban Huawei from 5G RAN market. Revision looks set to hurt Vodafone’s planning in largest market. Vodafone Greece also looks set for disruption as Pompeo visit increases pressure for a local ban.
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Suppliers & SCMBrexit and COVID: BT’s twin supply chain headaches
Group continuing to scrutinise status of 450 key partners, amid logistical and financial turmoil wrought by pandemic. Spread of critical partners under consideration to create greater resilience post-coronavirus and split from EU. Telcos, traditionally known for squeezing suppliers to the max, now focused on keeping them afloat.
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Strategy & ChangeElsewhere in Openreach: innovation in the crosshairs
Openreach targets innovation, Vodafone launches gigabit services, superfast stymied by capacity gap.
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PremiumElsewhere in BT Global: McAfee flags BT role
Financial services business grows, US military renews contracts, McAfee flags BT role.
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Strategy & ChangeOpenreach fine as is — Lowth
BT CFO maintains Openreach contribution to the Group is undervalued, but that greater clarity and continued messaging on the progress of the fibre rollout could change perceptions. With all physical network assets tied to the BT pension and Openreach now effectively a services business, any attempt to bring in ...
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Public AffairsTalkTalk takes pot shot at Openreach FTTP pricing
CEO calls for longer-term, discounted full-fibre wholesale deals. Harrison claims BT’s alleged fears of breaching UK competition rules is “red herring”, while incumbent maintains it needs to appease all stakeholders.
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Public AffairsRead rails against states flouting EU law
Group CEO used a sponsored posting on the Politico website to demand, once again, a level playing field for Europe’s telecoms players, while bemoaning steps taken by several EU governments to sidestep European competition legislation. Article does not suggest Read’s bid for a reset of regulatory relations in Europe ...
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Network & InfrastructureBT’s Nokia pick points to renewed virtualisation drive
Nokia to become 5G infrastructure top dog as Huawei fades. Virtualisation opportunities abound as BT and Nokia commit to expanding open RAN ecosystem, and imminent developments on the network edge are anticipated.
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PremiumAirtel–Telkom merger falls through
Let-off for Safaricom as its two major mobile competitors remain marooned in sub-scale no-mans-land.
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Public AffairsDeutsche Telekom: reports of China 5G scheme are nonsense
Group dismisses claims of a plan to scale up its Chinese presence off back of geopolitical manoeuvres. Government’s decision on 5G network suppliers could be imminent.
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Network & InfrastructureO2 Germany launches 5G as Merkel looks to quash Huawei ban
Likening the launch to German reunification, O2 is delivering 5G in five cities from October on €40-per-month tariffs. NSA launch paving way for more ambitious plans. Media reports suggest Chancellor Angela Merkel will not ban O2 5G partner Huawei, although political resistance remains, and O2 is readying a back-up ...
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PeopleFormer BT exec Hanif Lalani stripped of OBE
Lalani’s last BT role was CEO of BT Global Services. He was fined €1.5m by France’s stock market watchdog in 2012.
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M&AFries and Álvarez-Pallete: two minds on UK JV
While Telefónica and Liberty said to be on same page on O2–Virgin Media integration, respective chiefs hinted at varying concerns and strategic priorities linked to the progress of the JV.
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Public AffairsVodacom’s Congo CFO gets out of jail
Chutoo endures four-day stint behind bars. CFO reportedly quizzed on allegations of “forgery” and “falsification of financial statements”; but no formal charges. Vodacom DRC expresses surprise.
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PremiumAnatel revives fines-for-investment swaps
Brazilian regulator finally agrees first Conduct Adjustment Agreement with TIM, enabling operators to swap fines for investment commitments.
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M&AVivo and co. secure stalking horse status on Oi
As the collective preferred buyer, Vivo, TIM, and Claro are confident they are in a position to outbid any rival interest in Oi’s mobile business. With a €2.6bn offer on the table, Vivo is highlighting the boost in investment in ultrafast networks that would be enabled by Oi’s windfall ...
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PeopleBT 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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PremiumHuawei 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 & AlliancesO2 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.