All Results articles – Page 16

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

    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
    Premium

    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.

  • Vodafone Q1 FY21-22 Guidance: all quiet on capex front
    Premium

    Vodafone Q1 FY21-22 Guidance: all quiet on capex front

    2021-09-10T11:10:00Z

    Group unsurprisingly “firmly on track” to meet heavily caveated free cash flow target. Plan for spend “step-up”, highlighted in May 2021, appears yet to be firmed up after causing City consternation.

  • Q1 FY21–22: Enterprise down but not out
    Premium

    Q1 FY21–22: Enterprise down but not out

    2021-08-22T00:00:00Z

    Bad ‘old’ still swamping the ‘new’. Positives in an order book rebound and improved EBITDA. Shuter has a huge task to pivot the division, but clear opportunity for ‘New BT’.

  • Q1 FY21–22: Global retains Jansen’s support in adversity
    Premium

    Q1 FY21–22: Global retains Jansen’s support in adversity

    2021-08-22T00:00:00Z

    Digging beneath the barrel to find positives in Q1. Jansen a true believer who sees Global keeping pace with peers, buffeted by forces beyond its control, and well placed along with Enterprise to boost BT when corporate and public sector business bounces back.

  • Q1 FY21–22: Openreach shines again
    Premium

    Q1 FY21–22: Openreach shines again

    2021-08-22T00:00:00Z

    It just looks so easy to upgrade and migrate the nation to fibre and IP while keeping a pack of massively funded jackals at bay. Even the odd slip looks like a sign of inherent strength. All key KPIs improving … and Gfast, too.

  • Telefónica claims inflection point as structure shifts
    Premium

    Telefónica claims inflection point as structure shifts

    2021-08-21T00:00:00Z

    Despite changing perimeters and restatements making a clear view difficult, organic growth across the business offers promise. Guidance improved on positive first half for revenue and profit, but operating cash flow is retreating compared with FY22 goals. Net debt coming down after disposals and restructuring, and Latin American loans ...

  • btw327-tt-jansen-full-fibre-30m
    Network & Infrastructure

    Jansen now sees BT chasing 30 million premises with full-fibre

    2021-08-10T07:00:00Z

    Extra five million presented as ‘infill’ and presumably more rural. Immediate competitive riposte to news of Virgin Media O2 FTTP retrofit, which it neatly doubles. Jansen says BT not concerned, but challenger altnets should be. No rush for fibre JV partner, but Jansen reveals a UK compatriot would be ...

  • tfw156-tt-prosegur-sales
    Financial & Performance

    Telefónica’s alarms JV accelerates sales

    2021-08-03T11:16:00Z

    Partner Prosegur sees JV outpacing growth of its standalone alarms business. Security group open to alliances in areas where it is not already present.