Billionaire recluse Teoh is entirely focused on what the customer wants. He seems unlikely to rein in his instincts following a TPG Telecom “merger of equals” with Vodafone Hutchison Australia. Of our eight profiles, we think Teoh will likely cause Read the most trouble.
Vodafone associates and joint ventures people movements. Vodafone Towers Europe continues to take shape.
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
VHA continued to inch towards its transformational merger with TPG Telecom after the two operators said they had received consent from the USA’s Committee for Foreign Investment and Federal Communications Commission.
DT is signalling plans to license the Magenta brand to create new strategic alliances that could compete with Vodafone’s Partner Markets arrangements.
TDE IoT partner 1NCE expanded its service to a further 60 countries beyond Germany, moving beyond Europe for the first time.
Vodafone’s 5G ecosystem sees drastic changes, Ericsson holds its lead. Nokia slips into dogfight with Huawei, TIP and Samsung. Mavenir heads challenging pack with ZTE on its heels, pursued by Qualcomm, Parallel Wireless, Altiostar, and several others.
Senior VHA changes with high-profile resignations.
Nokia lands five‑year deal in Australia’s post-Huawei landscape. Berroeta lauds the Finnish vendor’s “advanced 5G roadmap”. 5G launch slated by 30 June 2020.
David Teoh, Chief Executive of TPG Telecom, reiterated his optimism that the TPG–Vodafone Hutchison Australia (VHA) merger saga is coming to a close.
Vodafone Hutchison Australia (VHA) could be about to jump aboard the Group’s sub‑brand train with a new service called “Felix”