All Nick Read articles – Page 8
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PeopleVodafone Spain’s Coimbra to step down after eight years
End of era for Spanish business that has struggled to adapt to new realities over the past decade.
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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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M&AVodafone linked with Spain’s MÁSMÓVIL again
Group reportedly in acquisition talks with Spain’s fourth largest operator. MÁSMÓVIL subsequently denies discussions after only recently agreeing to private equity buyout.
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M&AVodafone decries Italian broadband plan
Italy’s plan to create a single national broadband network moves closer, but deal still has some hurdles to overcome and Vodafone CEO Read signals he is opposed. Beyond broadband network, project might include 5G, edge computing, cloud and data centres, creating further strategic complexity for Vodafone’s Italian interests.
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PremiumVodafone Q1 FY20–21
What ‘new normal’? Leadership pressing on with long-running efficiency and asset sale plans regardless of coronavirus disruption. Hints of bottlenecks owing to top duo’s workload. Group Finance’s €1bn cost-cutting plan “proceeding very well”. Footprint retrenchment not necessarily done, with some OpCos still appearing stuck on the margins. Currency weakness ...
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PremiumVodafone Q1 FY20–21 spend: no obvious change of course, post-COVID-19
Any post-COVID-19 spend strategy changes appear to either be being kept under wraps, or subjugated by leadership focus on keeping the business on track.
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PremiumVodafone Q1 FY20–21 headline performance: Germany and the rest
COVID-19 blow cushioned: strength in Germany and Portugal, with mixed performances elsewhere. Currency weakness turning Read’s focus on Africa sour.
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PremiumVodafone: Elsewhere in Associates & JVs
Vodafone Idea drops down to third place in India’s mobile sector as the troubled joint venture continues to reel from Jio’s cut-throat, digital-infused competition.
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Suppliers & SCMVodafone cancels 2020 partner meetup
Luxembourg’s Arch Summit pushed back to late-2021. Wait goes on for Technology 2025 reveal.
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PremiumSpecial Report: Vodafone’s billion-dollar bash
Vodafone has spent much of the last 15 years paring back an eclectic wardrobe of ill-fitting minority interests, built up in more extravagant and expansionist times. But now, after a more cost-conscious round of business reshaping, it’s refilled its portfolio with a new range of partly-owned associates and JVs. ...
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PremiumVodafone leadership awaits COVID-19 diagnosis
Share price nose-dives below £1 for first time since 1997. Impact on financial and strategic plans yet to emerge. OpCos focus on network resilience and employee welfare.
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Strategy & ChangeVodafone Group seeks to shore base with ‘One More Service’ plan
The Group is refreshing its defensive commercial strategy. Marginal-gains mission handed to all OpCos and central functions.
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Products & ServicesVodafone Q4 FY18-19
Diminishing cash wiggle-room reflected in dividend cutback. Reliance on Liberty deal increasingly in focus, as Group continues pivot towards struggling Europe Region. Questions starting to increase around lack of a growth platform.
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Suppliers & SCMVfI signs raft of deals for post-merger synergies
Fresh contracts with long-established suppliers Ericsson, HPE, and IBM. Merger partners wield more procurement power as VfI. Focus on back-office streamlining, virtualisation, and digital transformation. CEO Sharma says post-merger synergy targets are “ahead of track”.
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Strategy & ChangeVodafone gets out of the way on M-PESA expansion
Vodacom and Safaricom given licence to pursue “M-PESA 2.0”.
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Suppliers & SCMVodafone in Huawei corner as trade war roughs up
Group continues to jump to Huawei’s defence. Vodafone backs research showing pitfalls of restricting Chinese supplier. OpCos face smartphone disruption as Google suspends business with Huawei. Prague Proposals imply Huawei is a potential 5G security risk.
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PremiumEE rains on VfUK’s 5G parade
VfUK beaten to 5G punch by rival EE. Drops Huawei 5G smartphone from device portfolio.
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PremiumVodafone eyes AI to get up-to-speed on TV intelligence
With TV no longer the side-project it once was for Vodafone, the Group is seeking to create deeper insight into how subscribers are using its services. AI and automation integrated within Vodafone TV Analytics platform. Move seeks to inform and support technology operations, media partners, and procurement.