All Results articles – Page 14

  • H1 FY21–22 at BT: scale and service to beat competition
    Premium

    H1 FY21–22 at BT: scale and service to beat competition

    2021-11-23T12:00:00Z

    InfraCo JV talks closed as rising fibre demand and lower build costs dilute benefits of external funding. CFUs continue their struggle, with Global faring especially poorly in pandemic bounce-back, but new services and improved brand reputation appear a source of hope. Future revenue growth anticipated, but efficiencies and reduced ...

  • Headline data: forward motion
    Premium

    DT Q3 FY21 headline data: forward motion

    2021-11-22T17:11:00Z

    Group juggernaut rolls on with all major dials heading upwards. Commercial strength seen in Germany and USA. CFO reassures on leverage following C-band splurge.

  • Spend: Höttges on search for ‘nerds’ to push efficiencies
    Premium

    DT Q3 FY21 spend: Höttges on search for ‘nerds’ to push efficiencies

    2021-11-22T17:11:00Z

    Q3 data and commentary show Group remains focused on a twin-track strategy of driving savings to fuel investment in select areas of business where it sees opportunities. German and US priorities continuing to drive capital outlay. DT exploring every avenue in bid to staff and support digital transformation, and ...

  • Guidance: Cash flow accelerating to a Sprint
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    DT Q3 FY21 guidance: Cash flow accelerating to a Sprint

    2021-11-22T17:11:00Z

    Confidence on show as DT guides for more earnings and cash flow growth. Leadership increases expectations from both US- and Europe-side businesses. TMUS remains in leading role of long-term growth story, however.

  • Q3 FY21: Forager DT ‘hogs’ an extra billion in earnings
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    Q3 FY21: Forager DT ‘hogs’ an extra billion in earnings

    2021-11-22T17:10:00Z

    DT boosts full-year outlook for third time, adding €1bn in earnings and €500m in cash flow to its original FY21 forecasts. Already optimistic leadership becoming even more bullish as European markets recover, and T-Mobile US weathers competitive uptick while executing on Sprint integration. Results backdropped by M&A geared towards ...

  • T-Mobile rides cyberattack storm
    Public Affairs

    T-Mobile rides cyberattack storm

    2021-11-22T17:09:00Z

    Operator’s Q3 numbers indicate few customers ditched its services in wake of high-profile data breach in August 2021. Competitor exploitation of Sprint integration challenges highlighted as bigger issue, albeit one TMUS intends to make “short-lived”. TMUS highlights organisational and cultural changes in response to attack.

  • Headlines: recovery gathers steam but jitters persist
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    Telefónica Q3 FY21 Headlines: recovery gathers steam but jitters persist

    2021-11-22T16:09:00Z

    Group describes results as “significant step towards economic and social recovery”. OBs put in a solid quarter, with Vivo and Telefónica Deutschland reporting gathering commercial momentum. First quarter for refashioned UK business. Telefónica Tech’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Centralisation of Hispam progressing, and ...

  • Q3 FY21: Wary Group sticks to plan as recovery builds
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    Telefónica Q3 FY21: Wary Group sticks to plan as recovery builds

    2021-11-22T15:08:00Z

    Operator maintains rebound from pandemic with growth in earnings and revenue, and confirmation of guidance. All major OBs in growth and Hispam changes look to be having impact. Executives appear wary of conditions, with inflation and coronavirus lingering. Lid kept on capex as Group asserts discipline. Infra-Tech M&A frenzy ...

  • btw330-tt-openreach-fibre-build
    Financial & Performance

    Openreach accelerates provisioning to leave rivals in starting blocks

    2021-11-19T14:21:00Z

    CEO Clive Selley on fibre build: phase one is “done”; now onto “selling and populating” stage. Bullish Business Briefing shows Openreach determined to establish its ‘fibre franchise’ as a marketplace while rivals strive for scale. Build process moving towards cruise control with Openreach cornering the market in skills.

  • SpaceMobile lines up 2022 trials with Vodacom
    Partnerships & Alliances

    SpaceMobile lines up 2022 trials with Vodacom

    2021-11-17T15:17:00Z

    Chairman Abel Avellan says six-month interconnection and testing programme will follow launch of BlueWalker 3 prototype. Lift-off of giant spacecraft may see slight slippage. US startup adds more MNO partners to go-to-market ahead of 2023 debut.

  • vfw201-tt-results-first
    Financial & Performance

    Vodafone: DT and Orange are ‘credible’ tower merger partners

    2021-11-16T12:31:00Z

    Read confirms either of Vodafone’s big European rivals could end up being an ally as noise continues to increase around an “industrial merger” for Group’s Vantage Towers business.

  • dtw109-tt-accenture-dt-results
    Financial & Performance

    Accenture taps into DT’s tech revamp with ERP takeover

    2021-11-12T16:00:00Z

    DT CEO highlights “specific” outsourcing move as an example of Group’s progress and focus on cost reduction. Deal forms part of €100m–€200m IT value chain recalibration DT planning by FY24. Q3 results see DT continuing US-led growth, raising guidance on back of revenue and cash flow boost.

  • INWIT targets faster growth with management reshuffle
    M&A

    INWIT continues to fill M&A kitty

    2021-11-11T08:00:00Z

    Growing Italian TowerCo building up a €1bn platform for deal-making at end of its latest strategic cycle, in FY23. Expansion plans could give co-parent Vodafone another runner in European TowerCo race, beyond main vehicle Vantage Towers.

  • vfw201-tt-safaricom-ethiopia
    Financial & Performance

    Safaricom confident on Ethiopia despite ‘staff evacuation’

    2021-11-10T16:19:00Z

    Staff safety and security a priority in Ethiopia, says Safaricom’s Peter Ndegwa, but progress remains on track despite distractions. Break-even forecasts braced for impact of conflict. Employees evacuated from Addis Ababa, according to reports.

  • Openreach off the table as BT drives fibre efficiency
    Strategy & Change

    Openreach off the table as BT drives fibre efficiency

    2021-11-05T16:48:00Z

    Group ends talks on InfraCo JV as rising fibre demand and lower build costs dilute benefits of external funding. Virgin Media O2 firmly in BT sights as it aims to lock up wholesale market, and move fast on convergence. Future revenue growth anticipated, but greater efficiency and lower spending ...

  • tfw159-tt-tf-q3-results
    Financial & Performance

    Telefónica passes €1bn in shape shifting Tech push

    2021-11-04T16:14:00Z

    Telefónica Tech division hitting €1bn in annualised revenue flagged as a highlight in Group’s Q3 results presentation. Growth business’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Operator maintains rebound from pandemic with growth in earnings and revenue, and confirmation of guidance.

  • dtw108-tt-write-down-t-sys-uk
    Operations

    Restructuring and legacy write-down hurt T-Systems UK

    2021-10-28T13:40:00Z

    Deutsche Telekom’s UK enterprise IT unit records a loss on revenue slowdown. Figures also blunted by impairment of Managed Infrastructure unit.

  • dtw108-tt-hvatski-results
    Financial & Performance

    Hrvatski Telekom continues to eye regional M&A

    2021-10-27T13:12:00Z

    Croatian operator sees an uptick in business during summer months, leading to raised forecasts. Management remains keen on building HT into a regional telco/IT business, saying dealmaking opportunities are being monitored.

  • Vodafone Q1 FY21–22: ‘Phase two’ relaunched with M&A sweetener
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    Vodafone Q1 FY21–22: ‘Phase two’ relaunched with M&A sweetener

    2021-09-10T12:10:00Z

    Some hints of compromise with City overseers as Vodafone re-seeds post-pandemic, digital-led growth plan. New Chairman van Boxmeer appears to be lighting a fire under Group mindset and strategy. M&A talked up as a lever to help Vodafone in the push to revive growth. Another chunk of Vantage could ...

  • Vodafone Q1 FY21-22 Headlines: pandemic snags unwind, gradually
    Premium

    Vodafone Q1 FY21-22 Headlines: pandemic snags unwind, gradually

    2021-09-10T11:11:00Z

    Group bounces out of pandemic slump, helped by lapping and increased business confidence. Cautious CEO warns of further “bumps in the road”. In Spain, another large-scale downsizing move made under cover of Digital Telco transformation, and as fodder for Group’s centralisation-led efficiency plans.