All Restructuring (reorg) articles – Page 2
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M&A
Telefónica ‘closes out’ digital-R&D merger, creating strategic digitalisation unit led by CDO
Hacker-in-chief Alonso to lead newly-formed Telefónica Innovación Digital, encompassing data, digital services and innovation functions. Part of Group-wide simplification drive, supporting strategic digital transformation. Learn more…
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Strategy & Change
Hungary’s 4iG to carve out infra assets as part of post-M&A tidyup
Expansive regional IT and telecoms player is to make a late entrance into European infra spinoff party as it seeks to optimise cost base and bring in capital to reduce debt.
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Financial & Performance
Telefónica Tech charts three-year course towards €3bn revenue target
Division seeks to ease reliance on acquisitions while expanding portfolio of “next-gen” IT solutions to grow total revenue.
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People
Cellnex appoints new finance chief as reorg continues
Raimon Trias joins TowerCo after José Manuel Aisa Mancho seeks new horizons.
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Operations
Orange restructures global wholesale operations
Michaël Trabbia launches restructured and enlarged Orange Wholesale.
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Premium
Deutsche Telekom Peoplewatch: top-level rejig in Germany
January 2024 update: Telekom Deutschland’s Business Customers unit takes on new MD, following departure of Hagen Rickmann.
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People
Latest Orange people moves: C-level changes at MEA units
Orange Morocco names new CFO, while DRC subsidiary takes on new CTO.
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Operations
Orange ‘shutters Silicon Valley base’ amid strategic refocus
Operator reported to have closed Silicon Valley offices after more than 20 years as part of cost review.
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People
Latest Orange people moves: new CFO recruited in Luxembourg
Adrien Pottier named finance chief at Orange Luxembourg after more than 12 years with the operator.
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Strategy & Change
OTE still seeking to stabilise Romania biz ahead of any sale
Telekom Romania Mobile continues to weigh heavily on Group results, but future remains open.
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People
Tesco Mobile installs new CEO
Retail giant’s Managing Director of Large Stores shifts across to lead long-running JV with Virgin Media O2.
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Operations
T-Mobile taps advertising ‘pioneer’ to lead T-Ads biz expansion
Jean-Paul Colaco is appointed ‘Chief T-Ads Officer’, says Mike Katz. US NatCo has come under spotlight over data privacy practices.
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People
Cash-rich UK altnet snags more senior BT Group execs
G.Network appoints former BT and Openreach man Jon Hurry as Chief Commercial Officer as part of management revamp; Carl Grose, ex‑Openreach, joins as Chief Operations Officer.
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Premium
Deutsche Telekom Peoplewatch: new CEO in at Detecon
July 2023 update: Detecon consultancy unit appoints Jürgen Schäfer to the helm, replacing Ralf Pichler.
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Operations
Telefónica Tech merges biz units in major reorg
Cybersecurity & Cloud division is now combined with IoT & Big Data unit to create unified portfolio for Group’s B2B customers. Top management stays on board with different areas of responsibility.
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Operations
Telefónica to merge digital and R&D units
Chema Alonso to take helm at Telefónica Innovación Digital, with direct report into Chief Strategy and Development Officer Mark Evans. New unit to focus on internal technology development, leaning on GSMA’s Open Gateway API platform.
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People
Orange people moves: new Chairman moves in as enterprise unit switches up execs
Jacques Aschenbroich appointed new Chairman, with Group CEO and Chairman roles now split under new structure. Orange Business bolsters leadership team with series of new hires. Poland and Romania swap CEOs.
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Operations
Virgin Media O2 to slash up to 2,000 jobs
Operator expected to make cuts by end of July. Move comes in wake of property portfolio review and planned closure of long-established Slough HQ.
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People
Elena Maestre takes helm at challenged Telefónica Peru
Telefónica Hispam CFO gets hands‑on in awkward Peruvian market, becoming CEO at local operating business.
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Premium
Deutsche Telekom Peoplewatch: Returning Metze’s Germany role confirmed
June 2023 update: Wolfgang Metze set to re-enter old stomping ground after seven-year hiatus from the Group; Host of changes at recently rebranded Telekom Strategy Consulting in-house consulting unit; Fiber Factory goes on regional recruitment drive.