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Strategy & Change
Elsewhere in Vodafone Group: R&D goes quantum
Group R&D enters quantum realm; Discovery tied on streaming; Vodafone Fiji eyeing regional expansion.
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Vodafone goes big on LTE-M and man-to-machine comms
German debut suggests increasing Group enthusiasm for LTE-M, and leadership feeling that technology’s time is coming. CTO Mack describes the tech as the “next building block in our network”. OpCo highlights LTE-M use-cases around voice and mobility.
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Elsewhere in Associates & JVs: Mitie takes Cornerstone contract
Consumer loan service in Egypt set for green light; Vi wants 2G open RAN; India continues to drag out tax dispute.
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Vodafone seeks end to Elliott battle over KDG
Group attempts to put more than seven years of hurt behind it at a cost of up to €2.12bn.
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Vodafone Oman launch pushed back
Flagship greenfield alliance for Vodafone’s Partner Markets federation continuing to be hit by delays. Bureaucratic hurdle cleared, but launch still appears some months away.
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Vodafone Q2 FY20–21
Cost-cutting props up performance during COVID-19-hit quarter and CFO indicates she is preparing to step up efficiency plans further. Lag in delivery of leadership’s “Phase Two” plans, including Tech 2025, muddying attempts to assure stakeholders of a brighter future. Lots of talk of “underlying” strength as Group’s leadership seeks ...
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Headline numbers: weathering the storm, for now
Key numbers relatively solid, reflecting telecoms sector’s cushioning from worst of pandemic disruption. Cost-cutting props up earnings, offsetting top-line weakness. Results preceded latest coronavirus response measures, which will have exacerbated drag on roaming revenue. Government support measures and resumption of international travel cited as key to maintaining solidity.
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Guidance: tightly-wound numbers obscure future
On a like-for-like basis, Vodafone Group is holding its own in the pandemic so far and leadership appears confident regarding short-term outlook. Longer-term prospects remain a question mark, however, especially as cost-cutting — rather than the top-line growth — is keeping the Group on a steady course. Asset sales ...
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Spend: Della Valle dials it up on COVID cost-cutting
CFO flags acceleration of savings push during H1, and possibility of a further expansion of ambitions for the post-COVID era. Planned developments at Vodafone Procurement Company briefly mooted. Stark Retail and Shared Services cutbacks detailed.
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Europe: Read stresses asset line-up is not settled
Vodafone leadership considering next phase of Group strategy, and indicates M&A moves could form part of new medium-term plan. Group open to solutions in markets not generating sufficient return on capital employed. Germany’s importance to Vodafone on display again; commitment to other markets less obvious.
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Africa: resilient SA helps Vodacom through crisis
Vodacom continues to perform well despite regulatory and macro pressures across its regional footprint. However, unfavourable currency trends remain fly in the ointment when Group’s results are translated to Vodafone’s P&L. No sign yet that Vodafone management is going cool on its commitment to Africa, despite weaknesses and willingness ...
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Elsewhere in Vodafone Group: Colao tipped for fast lane
Fast lane for Colao?; Vodafone draws IoT.nxt further into fold; Vodafone brand disappears from Malta.
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Elsewhere in Africa: Vodacom's Joosub targets techco transition
Vodacom CEO defends Rain tie-up; Lesotho crisis continues; dominant Safaricom back in political spotlight; African OpCos keen on Huawei tech.
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Strategy & Change
Elsewhere in Vodafone Europe: 5G tested across the bloc
German rivals jump on campus bandwagon; physical and digital security launches; 5G use-cases explored in Netherlands, Spain, and UK.
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Elsewhere in Vodafone's Associates and JVs: Vi joins techco targets
Vi toes the techco line; Zain not intent on gate-crashing Vodafone Egypt sale.
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UK 5G innovation: the startups to watch
Five standout startups driving UK 5G innovation. UK government helping underwrite. Regional initiatives open floor to smaller operators (MNOs in the wings).
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UK 5G innovation: projects, testbeds and trials
Inaugural DCMS 5G funding established testbeds across the UK: hubs for future 5G-enabled innovation. £200m funding pledged by 2022.
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UK 5G innovation: Rural Connected Communities
5G set to be leverages to improve the connectivity in rural, underserved areas across the UK. Rural nature sees telco participation lacking; regional operators pick up the slack. Startups and SMEs in the picture.
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UK 5G innovation: Industrial 5G
Three projects to build next-generation connectivity into UK industry. O2 and Vodafone take the lead. Universities make up significant proportion of consortia.
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UK 5G innovation: 5G Create
DCMS-funded projects take £16m in grants for 5G use-cases. Automation, broadcasting, and XR among the technologies. BT, O2, and Three participate.