More Latest Insight – Page 223
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Public AffairsDeutsche Telekom strikes wage deal with union
Agreement on wage increases reached after third round of talks.
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Suppliers & SCMArqit excited by prospects despite controversial report
BT-partnered quantum encryption startup’s share price remains sharply down following savage WSJ article.
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Financial & PerformanceQ1 FY22: Telefónica facing challenges with a spring in its step
Strong start to FY22 saw cross-examination on prospect of a quick upgrade on guidance for the year. VM O2 the odd one out as three of Telefónica’s core markets show strengthening operational performance and clear vision for market evolution. Telefónica Tech building momentum, but strategy of buying short-term growth ...
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OperationsBT targets skills shortage with Digital Campus plans
Ongoing skills transformation programme will see a virtual learning environment established, dubbed a “one-stop shop” for employee development. Internal reskilling and upskilling remain central to Group’s sustainable growth plan.
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Analyst ReportsDeutsche Telekomwatch Report #114 – May 2022
Key stories include: Cellnex confirms tower tie-up interest | BuyIn trumpeted as inflation antidote | SKT partnership gets another update | Gopalan devolving power from Bonn | TMUS doubles down on Home Internet
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Financial & PerformanceBT Q4 FY21–22: foundations in place, but cracks widening
Typically rosy Openreach figures relied on heavily for positive spin to results mixed bag.
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PeopleChanel allure forces BT Board change
Leena Nair to step down from BT Board, following recent appointment as Global CEO of Chanel.
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M&ATelefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.
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Financial & PerformanceVodafoneZiggo ‘prioritises customer experience’, reports “solid” Q1
Preliminary Q1 FY22 results show 37,000 mobile contract additions, taking VfZ beyond five million SIMs. Suffers inevitable impact of losing F1 rights in 2021, though damage appears contained. VodafoneZiggo pledges to supply all customers with 1Gbps connection by the end of the year.
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Public AffairsVodafone gains partial victory against former ONO execs
La Audiencia de Madrid rules that ONO execs accused of tax fraud before Vodafone takeover should pay VAT fees siphoned off cableco’s books. Ruling falls well short of €140m in damages Vodafone was originally seeking.
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PeopleMahomed leads raft of changes at BT Media & Broadcast
Director Faisal Mahomed takes on broader portfolio role across Enterprise units. Commercial, Portfolio, and Sales leadership changes at broadcasting division.
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PeopleNew CEO in at Tesco Mobile
Change of leadership at UK’s largest MVNO. New CEO again drawn from ranks of Virgin Media O2 co-parent Tesco.
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PeopleTelekom’s broadband partnering guru exits
Dido Blankenburg, who has piloted Telekom Deutschland’s fibre agreements for the past four years, says his work is done. Broadband Cooperation unit to be dissolved. Telekom CEO Gopalan calls Blankenburg a “valuable sparring partner” on recently refreshed strategy.
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Public AffairsBT: UK can beat EU to TechCo network contributions
While Europe’s ‘fair contribution’ row on network investments intensifies, BT’s Policy & Public Affairs Director Alex Towers underlines opportunity for UK to “get there first”.
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Network & InfraOTE passes 650,000 premises with full fibre
Plan to pass three million premises by 2027 looks on track. Broadband upgrades to premises outside FTTP footprint gather momentum. Rival Vodafone Greece announces “acceleration” of fibre access rollout.
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PeopleBT’s supply chain digitiser ships out
Adam Brown, exec behind BT’s Digital Procurement Garage initiative and wide-ranging buying operations overhaul, leaves to join Maersk.
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M&ATPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
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Partnerships & AlliancesDT expands SKT tie-up to metaverse and beyond
Deutsche Telekom and SK Telecom map out new areas for cooperation. Tests of SKT’s metaverse platform expected in Germany by end 2022.
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Network & InfraSlovakia prepares for 5G with 3.6GHz spectrum auction
Country’s four operators take home near-equal shares of available frequency.
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OperationsIndus seeks to move on from “nail-biting” Vi crisis
Indian tower giant sees “discomfiting” client payment worries subsiding