All Restructuring (reorg) articles – Page 9
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PremiumDeutsche Telekom expands scope of B2B reorg
Acronyms scrambled again as Group leadership pushes through B2B tidy-up. Leadership targets political battles between TDE and T-Sys. DT’s B2B focus remains somewhat fragmented.
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Strategy & ChangeVodafone Shared Services gets a facelift for digital era
Self-styled “Intelligent” division nods to shift towards automation and AI.
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PremiumÁlvarez Pallete into 5th gear on Telefónica transformation
‘Big Four’ operating businesses of Brazil, Germany, Spain and UK to be the focus of the Group, with Latin America operationally isolated, and potentially spun-off. New divisions Telefónica Infra and Telefónica Tech created. The former handling physical assets with Telxius as its cornerstone, while Telefónica Tech will drive commercial ...
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PremiumPlusnet loses CEO, as Consumer tightens embrace
Plusnet independence appears set to shrink further as Consumer takes a more direct role in managing the direction of the business.
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PremiumVodafone strains Telecom Egypt out of Egyptian services arm
Awkward co-ownership with incumbent dealt with. A step in recalibration of Shared Services — and possibly VfEg too.
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PremiumVodafone Q2 FY19-20: Europe recovery drags at increasingly Germanic Region
Bulked-up Vodafone Germany now driving more than half of Europe Region cash flow, as other big OpCos’ struggle for form continues. Read’s commercial changes yet to ignite revival in Group’s core region. Drastic Spanish overhaul or exit still on cards. Group still to internalise Europe’s regulatory challenges.
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PremiumVodafone Group Q2 FY19-20: Duo double down on reforms
Leadership reach for scalpel again; new savings plan in pipeline and asset sales remain high on agenda. Debt increase stresses diminishing cash wiggle-room; focus remains on cash flow improvement. Patchy Q2 trends: major OpCos spluttering, but Group inches back into growth.
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Suppliers & SCMVodafone Idea rallies the supplier troops
Mavenir, Nokia, Optiva, Red Hat, and TCS engaged via integration plan. CTO reasserts June 2020 deadline for accelerated programme.
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PremiumVodafone Hutchison Australia axes 150 jobs
Australian joint venture axes call centre jobs, citing 5G rollout costs and regulatory obstacles.
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PremiumVodafone agrees to sell Malta unit
Vodafone’s leadership re-emphasised eagerness to pull back its front lines with an agreement to sell Vodafone Malta (VfM).
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PremiumO2 Germany creates unified CTIO role
Mallik Rao now succeeds both Cayetano Carbajo Martin and Guido Eidmann. Germany follows suit from Group, with unified role.
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Strategy & ChangeWayra re-org in Latin America
Telefónica Open Future is reportedly restructuring its Wayra startup accelerator in Latin America, and is set to shutter its facilities in Chile, Peru, Mexico, and Venezuela, and consolidate its operations in Argentina, Brazil, and Colombia.
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PremiumGoldman Sachs examining Telefónica mast sale prospects
It was reported that Telefónica appointed Goldman Sachs to examine its options for monetisation of its mobile mast sites.
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PremiumT-Systems retains UK outpost, despite challenges
Descent into loss blamed on contract and organisational restructuring. Questions pervade over management’s true interest in UK market.
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PremiumBT Group glad-hands investors as share pressure remains
While revised strategy plans for the UK were still bubbling, BT faced a tricky summer with a dwindling share price and investor concerns over operational challenges.
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PremiumBT España sale in final phase
Spanish challenger operator MÁSMÓVIL is now thought to be among four bidders remaining in the final phase of the sale of BT España, alongside US private equity firm Carlyle and Spanish venture capital firm Portobello Capital.
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PremiumBT Law under review as part of Group restructuring process
BT Group could be mulling wider changes to its BT Law operation that go beyond the managed legal services contract it recently signed with law firm DWF.
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PremiumCWU seeks assurance on BT’s ‘Colleague Board’
The Communications Workers Union (CWU) said it is seeking confirmation that BT’s proposal to establish a ‘Colleague Board’ from January 2020 would not affect existing relationships with “democratically elected union representatives”.
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Strategy & ChangeRedundancies as Vodafone Ghana streamlines
A restructuring exercise at Vodafone Ghana (VfGh) was said to have seen more than 100 redundancies at the OpCo.
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Strategy & ChangeTelefónica accelerates transformation as market worries
Accelerated transformation unveiled to ease investor worries prompted by Latin American turbulence and uncertainty on prospect of profit from digital transformation. Mast monetisation expected to provide €360m profit boost, with action to be taken within coming year. While Telxius expansion a clear path to raising funds, other options are ...