Premium Vodafonewatch Insight: Vodafone and its rich web of OpCos, tracked and analysed worldwide – Page 24
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Q3 FY20–21: Top team turn bullish as growth returns, just
Nick Read and Margherita Della Valle claim Group set for acceleration after sneaking back into growth territory during quarter. European macro and M&A questions continue to overhang claims of confidence in regional prospects, however. Amid continued talk of yet more in-country consolidation, “pragmatic” Vodafone will “always examine opportunities to ...
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Vodafone bolsters fixed and mobile cover with tie-ups
Active network sharing with O2 to help fill 4G coverage gaps, and smooth regulatory clearance of a larger pact with Deutsche Telekom. Expanded fixed access wholesale deal with Deutsche Telekom encompasses provision of wholesale fibre access. New infrastructure project with Primevest will see VfD sell full fibre to the ...
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Strategy & Change
Elsewhere in Vodafone Africa
Vodafone launches Africa.Connected campaign to bridge the digital divide, while Joosub clears things up regarding Ghana in Q3 results.
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Strategy & Change
Elsewhere in Vodafone Europe: Italian 3G sunset
End of road for Italian 3G network; 5G used to combat COVID-19 in Spain; Turkey enterprise unit digitises cement mix.
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Strategy & Change
Elsewhere in Vodafone Associates & JVs
Teoh junior faces TPG ire after assault conviction; INWIT’s Ferigo bemoans 5G rollout barriers.
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Elsewhere in Vodafone Group: VPC targets supply chain sustainability
Telecom Italia adds weight to open RAN support scheme; VPC joins other operators in arrowing in on supplier carbon emissions.
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Vodafone people moves: new lead to drive Group transformation plans
New Transformation Director in as CFO mulls yet another step-up in efficiencies plans. New CEO Aksoy formally takes over at Vodafone Turkey. Vantage Towers inaugurates its Supervisory Board with Grube as Chair. CISO swap at India’s Vi.
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Partner Markets: Vodafone’s scale-up substitute
Federation spanning 46 markets across the globe, with operators in New Zealand, Oman, and eastern Europe among recent adds.
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O2 gets in on “grey spot” action with DT and Vodafone
O2 boasts of bilateral site sharing agreements with its rivals that are expected to expand 4G coverage to hundreds of previously underserved rural locations. Agreement reached as German watchdog only approves existing DT and Vodafone grey spot partnership on condition that O2 is brought into the fold.
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Strategy & Change
Elsewhere in Vodafone Africa: banking products extended
Vodafone Ghana and Safaricom look to expand financial services offering with new products.
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Strategy & Change
Elsewhere in Vodafone Europe: Spain flags Accenture deal
ho picks up pieces after data hack; One More Service sees partnerships in Spain (security) and Hungary (IoT).
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Amdocs extends its reach into Romania
Vodafone Romania to have deeper view of customer journeys in convergence drive. Amdocs continues to showcase its presence across the Group.
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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 ...