All Results articles – Page 17
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Strategy & ChangeQ4 FY20: TMUS highlights DT’s ‘positive headache’
Group leadership relaxed on quandary of when to push button on re-acquisition of majority control in powerhouse NatCo. TMUS on track with Sprint integration, emphasising huge cash flow potential DT could tap into for expansion across Group.
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PremiumQ4 FY20: Shrinking Telxius focused on serving the core
Telefónica Infra’s biggest asset demonstrates worth ahead of its sale, while the remainder of the Telxius business is primped for a possible offload. Infra set to focus on development and management of fibre InfraCos to ease Group capital demands and accelerate fibre rollout, while serving the need of OBs. ...
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PremiumQ4 FY20: lightweight Hispam division swimming against the tide
FX once again crushes a period of robust defensive plays by Hispanoamérica operating businesses. Argentinian currency devaluation weighs heavily. Restructuring in Mexico provides a gloss to profitability for the final quarter. Management expectations moving on from a sale or spin-out towards development an insulated asset-light unit to minimise the ...
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PremiumElsewhere in BT Group: rural rent causing problems
DT feels BT’s pain; EE among the MNOs to take flak for making the most of rural rent reductions.
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PremiumQ3 FY20–21: Top team turn bullish as growth returns, just
Nick Read and Margherita Della Valle claim Group set for acceleration after sneaking back into growth territory during quarter. European macro and M&A questions continue to overhang claims of confidence in regional prospects, however. Amid continued talk of yet more in-country consolidation, “pragmatic” Vodafone will “always examine opportunities to ...
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Network & InfrastructureMagyar Telekom CEO rules out tower tie-ups
Tibor Rékasi anticipates no strategic activity in the “near future”. 5G coverage target met in Budapest.
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Network & InfrastructureDeutsche Telekom waiting in wings for TowerCo expansion
CFO Illek wants to see how Vantage Towers IPO pans out before making any big moves On prowl for investor partners through Digital Infrastructure Vehicle set up in collaboration with Cellnex. Flags Deutsche Funkturm’s “good price” and M&A possibilities. Selling tower assets to make a quick euro, à ...
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PeopleDT’s tech and M&A chiefs earn contract extensions
Thorsten Langheim (USA & Group Development) and Claudia Nemat (Technology & Innovation) both pick up new five-year deals. CEO Höttges underlines stability and momentum for the Group.
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Financial & PerformanceTelefónica wobbles over 2020 finish line, targets stability
Revenue and OIBDA drop 11% as double-whammy of COVID-19 and currency fluctuations hit. Guidance on cash flow just about achieved, while FY21 focus will be on stabilisation. Dividend reduced by 25% as COVID-19 challenges continue, and 5G auctions loom. Telefónica Infra picking up minority stakes in Group infrastructure as ...
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PremiumBT Q3 FY20–21 results: gone today, (hopefully) here tomorrow
Nobody obviously interested in Q3, but shares down sharply. Calendar of optimism around pandemic bounce back and fresh starts. Jansen despairingly concedes transformation will take at least five years. BT doing best to railroad Ofcom on fibre-critical WFTMR.
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Strategy & ChangeVodafone centralising national tech functions for Europe platform union
In-country tech leadership to be extracted and taken over by Group, as part of broader, homogenisation-focused regional reorg. Top Group execs in London hope move will address longstanding frustration with fragmentation and bring efficiencies and speed. Some in OpCos might continue to have other ideas…
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M&AVodafone’s Read coy on Spanish M&A possibilities
“Pragmatic” Vodafone will “always examine opportunities to enhance and strengthen our business”, says Group Chief Executive.
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Strategy & ChangeBT slims down in Brussels: report
Reports emerge that BT Global Services Belgium is planning to cut its staff by 25%. Market changes and COVID-19 impact cited as key drivers. Asset-light strategy apparently reaching Belgian shores.
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Strategy & ChangeElsewhere in Deutsche Telekom Group: Supervisory Board chairman search continues
Ex-BMW CEO Krüger said to have turned down chairmanship. Audit swap said to hit politics. Group gets wind of energy startup MOWEA.
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Partnerships & AlliancesT-Mobile MONEY partner banks contract extension
White label banking provider BankMobile flags the success of its T-Mobile partnership as a contract extension is signed and Sprint customers added. Vendor aims to add another “large” partner due in 2021.
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PremiumVodafone Q2 FY20–21
Cost-cutting props up performance during COVID-19-hit quarter and CFO indicates she is preparing to step up efficiency plans further. Lag in delivery of leadership’s “Phase Two” plans, including Tech 2025, muddying attempts to assure stakeholders of a brighter future. Lots of talk of “underlying” strength as Group’s leadership seeks ...