More Latest Insight – Page 126
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Analyst ReportsTelefónicawatch Report #175 - July 2023
Key stories include: Reorg puts Alonso in innovation driving seat | Group eyes more LatAm infra efficiencies | nexfibre adds funds and readies switch-on | Two become one in Telefónica Tech reorg | Game on for Virgin Media O2
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M&AVan Boxmeer eyes full ownership in UK merger
Vodafone Chairman suggests operator could buy out CK Hutchison’s stake in the merger between its UK OpCo and Three UK.
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Financial & PerformanceQ1 FY23–24: BT boasts revenue boost as price hikes pay off
Revenue up across every division, EBITDA follows suit in all but Business.
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Strategy & ChangeKPN CEO Farwerck wants to ‘snaffle’ infra rivals
Dutch telco interested in following up recent Primevest acquisition with more FibreCo bolt-ons.
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Network & InfraO2 Germany CEO cools concerns about Huawei ban
A ruling to immediately replace Chinese equipment is not likely, according to Markus Haas, Chief Executive of O2 Germany. With solid Q2 FY23 results, operator nudges up full-year outlook.
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Financial & PerformanceQ1 FY23–24: pay-TV the hot topic as Vodafone Germany reengineering progress made
Della Valle on potential €800m pay‑TV losses: “we are talking about 80% to 90% margin”.
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Strategy & ChangeOrange seeks recipe for success in France after Spanish turnaround
New Orange France CEO cooking up a strong plan for la rentrée. Christel Heydemann remains confident of Spanish merger success.
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M&ALiberty confirms Cornerstone stake up for grabs
Liberty Global says it is exploring sale of Cornerstone holding after months of media speculation.
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Network & InfraBT explores charging options in ‘EV revolution’
Pilot confirmed after early hints, with public partnership and private investment among the funding options.
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Partnerships & AlliancesT-Systems extends foray into quantum realm
Deutsche Telekom’s enterprise arm signs MoU with IQM Quantum Computers to offer access to cloud quantum computing services and training, with a Europe-based focus. Deal builds upon similar tie-up with IBM earlier this year, expanding its quantum services to a “multi-cloud quantum landscape”.
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Public AffairsCroatia asks Brussels for more broadband infra funding
Government makes request to EC for next grant instalment from EU’s Recovery and Resilience Facility. Croatia set to receive a total of €5.51bn under RRF, provided performance-based targets are met. One-fifth of allocation earmarked for digital transformation projects, as stipulated by NextGenerationEU funding rules, including broadband rollout in rural ...
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PeopleInfra investor people moves: 3i, Digital 9, and IFM shuffle boards
3i Infrastructure switches in two new Directors, while Digital 9 expands its Board with appointment of Gailina Liew.
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OperationsT-Mobile taps advertising ‘pioneer’ to lead T-Ads biz expansion
Jean-Paul Colaco is appointed ‘Chief T-Ads Officer’, says Mike Katz. US NatCo has come under spotlight over data privacy practices.
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Financial & PerformanceQ1 FY23–24: Vodafone Spain rolls back retail presence as review continues
Della Valle confirms that 15% of OpCo’s retail stores have been closed as Vodafone gradually shifts distribution to “more digital channels”.
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Venturing & InvestmentsIFM backs SUPA smart building InfraCo
AUD 50m private equity investment boosts new player’s converged infrastructure model for multi-dwelling buildings.
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Venturing & InvestmentsCellnex nabs fresh funding for pan-European 5G rollout
Cellnex signs new contract with European Investment Bank to speed up 5G rollout in five European nations.
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Financial & PerformanceQ1 FY23–24: Vodafone’s turnaround trudges on as Della Valle heralds ‘first steps’
CEO Margherita Della Valle claims early efforts are starting to bear fruit as the Group posts revenue growth.
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B2BBT sees SMEs under attack as cybersecurity becomes a strategic priority
As ransomware growth plateaus, cybercriminals are said to be extending their reach to cover smaller targets, with digitalisation creating heightened SME vulnerability.
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Partnerships & AlliancesAstrocast locks in Airbus for future satellite IoT upgrades
Satellite startup Astrocast renews deal with longstanding partner Airbus to upgrade satellite-based IoT services.
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PeopleVodafone selects former SAP finance chief as CFO
Hiring coup coincides with upbeat results and fuels curiosity over story Della Valle and van Boxmeer spun to lure high flyer.