All Nick Read articles
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M&AVodafone CEO lauds Vodacom amid M&A speculation
Della Valle says pan-African operator is “one of the best assets in the Group”.
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Financial & Performance
Q3 FY22–23: top-heavy Vodafone reassesses life choices under Della Valle
Interim boss solidifies play for top job with new found love of simplicity and autonomy (her own domains excepted).
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Operations
Vodafone closes Newbury HQ sale
Operator to lease portion of the campus but vacate three buildings.
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People
Liv Garfield emerges as candidate for Vodafone top spot
Former Openreach executive is reportedly being considered to fill vacant CEO role following Nick Read’s departure.
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Strategy & Change
e& snaps up more Vodafone shares and increases stake to 12%
The UAE group had already increased its stake to 11% in December 2022.
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Corporate
Spain relegated in latest Vodafone reorg
Troubled Spanish business loses direct CEO report and downshifts into Group’s Europe Cluster.
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People
Vodafone calls in head-hunters for Read replacement
The Egon Zehnder agency, which features a well-established telco and tech practice, is set to take the hunt for a new CEO beyond internal candidates.
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M&A
Vodafone closes in on Hungary exit
Telco agrees binding terms with consortium over sale of Vodafone Hungary.
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M&A
ANACOM to decide fate of Vodafone Portugal Nowo buyout
Portuguese telecoms regulator asked to provide “opinion” on Vodafone Portugal’s Nowo acquisition.
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People
Vodafone people moves: Germany installs new network executives
Vodafone Germany slots new execs into network access, fibre investment, and radio network development positions.
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People
Vodafone begins search for new CEO after Read steps down
Look to recent board additions for likely profile of sucessor – more growth, more 21st century, more dynamic, less-insider.
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Financial & Performance
Vodafone Q2 FY22-23 Spend: Della Valle looks for another billion behind sofa
Updated cost-cutting programme targets “€1bn+” in efficiencies over three years, although only net of inflation.
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Financial & Performance
Vodafone Q2 FY22-23 Guidance: Outlook puts Read’s Plan A in deep freeze
A reeling Vodafone scales back earnings and cash flow guidance.
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Financial & Performance
Vodafone Q2 FY22–23: Read signs off after turbulent final quarter
Flaky Q3 results and reduced guidance pave way for CEO Read to depart Vodafone after just over four years at helm.
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M&A
Vantage CEO says ‘game still on’ for European mega tower merger
Part-sales of DT’s GD Towers and Vodafone’s Vantage have not blocked the path to a combination between the two TowerCos and/or Orange’s TOTEM, says boss Vivek Badrinath. Cornerstone takeover of interest after Vantage’s co-parents put their stake in play.
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Network & Infrastructure
Safaricom targets December for full 5G mobile debut
Snag over iPhone compatibility expected to be unravelled shortly. Late-October debut focused on fixed-wireless only, but consumer mobile plans and private network trials now being prepped. Ongoing affordability questions seem likely to dictate pace of 5G expansion.
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Events
Arch 2022: Wibergh signs off, stresses exit as “non-event”
Outgoing Vodafone CTO uses conference to highlight smooth handover of reins, citing succession planning, reorg, and strategic refresh.
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Strategy & Change
Arch Summit 2022: Read’s ‘clear plan’ for sector’s four-dimensional crisis
Vodafone CEO cites need for rebalancing costs.
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Venturing & Investments
Vodafone goes French for German FibreCo deal
Read goes off-balance sheet with French telecoms group to build FTTP network passing seven million homes.
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Public Affairs
Vodafone’s Read on a mission to get everyone a smartphone
Group CEO Nick Read joins UN and ITU in push to improve access to affordable smartphones in poor countries.
