All Results articles – Page 7
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Financial & Performance
Tim turns ten: CEO still ‘hungry’ as DT preps next phase
Q3 FY23: Group boss Timotheus Höttges asserts that “we stay greedy” as he nears decade in job, and begins work with his strategy team on fresh plan for FY25 onwards.
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Financial & Performance
Deutsche Telekom Q3 FY23 Headlines: Europe gains some rare plaudits
Q3 provides a collectors’ item as Europe-side businesses achieve growth, while TMUS contracts, owing to handset sales slump and exchange rate movements.
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Premium
Deutsche Telekom Q3 FY23 Spend: no loosening of reins
Group leadership continue to express wariness regarding inflationary outlook.
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Premium
Q3 results put Telefónica on track and on-message
Quarter’s results help Group present image of solidity and consistency.
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Premium
FY24–26 spend: Telefónica ups the post-fibre ante
In a stark reflection of returns-constrained times facing industry, Telefónica grabs Capital Markets Day headlines with an ambitious investment reduction goal, rather than growth initiative.
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Strategy & Change
IHS reviews tower estate; could jettison non-core assets
Tower group going through process of re-evaluating its international portfolio, as part of move to a more ‘balanced’ strategy between growth and cash generation.
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Public Affairs
Magyar Telekom hails end of Hungary’s utility tax
Parliament adopts act to repeal tax that cost Magyar Telekom about €20m in FY23.
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Financial & Performance
‘We are changing’: Vodafone CEO Della Valle assures more improvement is coming in largest markets
H1 FY23–24: Vodafone reports a “solid start” to fiscal year as Margherita Della Valle sets about transformation effort, pitching new era of right-sized operations to restore operator to growth.
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Financial & Performance
Vodafone’s problem children: German remedial progress, Spain disowned, UK betroved, Italy seeks paramour
Vodafone Europe H1 FY23–24 insights, including Germany still needing to navigate TV exodus; regional organic growth; the happier story at remnant smaller markets; and more…
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Financial & Performance
Egypt in the spotlight as Vodacom revenues rocket
H1 FY23–24: Vodafone Egypt consolidation sees Vodacom revenue rise by more than 40%, with data customer and financial services growth playing a part.
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M&A
Two down, one to go: Vodafone gets serious about M&A in Italy
H1 FY23–24: CEO Margherita Della Valle signals Italy is next in Group’s “right-sizing” initiative for struggling European markets as strategy in motion for Spain and UK.
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Financial & Performance
A clean break from a broken market: Vodafone CEO welcomes Spanish retreat
Margherita Della Valle uses further deterioration of Vodafone Spain performance to prop up claims of a strategic vision in action, but distancing the Group from one of its erstwhile ‘core four’ markets continues to reflect poorly on historic turnaround attempts.
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M&A
‘Pragmatic’ Cellnex open to full exits to boost debt repayment drive
Spanish group’s exit from private networks business could be followed up by more deals, to boost programme of financial strengthening.
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Financial & Performance
Vodacom adamant: no exits from DRC or Mozambique, unless market goes ‘wrong’
H1 FY23–24: CEO reiterates faith in ‘International’ OpCos, despite macro headwinds and pricing challenges — only “wrong” market structure would compel exits — as Egypt acquisition majorly rebalances business
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Financial & Performance
Telefónica’s ‘Core Four’ concoct plan to address wholesale decline
Q3 FY23: Group seeks to leverage FibreCo spinoffs, defend against uncertain market conditions, and create new revenue streams to offset forecast wholesale revenue decline over next three years.
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Network & Infrastructure
1&1 picks up the pace on mobile network rollout, almost ‘fully functional’
German newcomer sees mobile network rollout finally accelerate despite delivery delays from main passive infra partner, and assures that mobile services remain scheduled for activation in December
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Financial & Performance
Soggier MNO spending dampens INWIT sales outlook
Italian TowerCo flags weak fixed wireless access demand and lower discretionary spend in an otherwise solid third quarter performance.
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M&A
Telefónica maintains ‘full optionality’ on non-core Hispam businesses
Q3 FY23: In strategy update, operator indicates it will continue to keep its trimmed-down collection of smaller Latin American assets on a strict cost control regime, flagging consolidation, divestments, and further NetCo ventures as possibilities to protect free cash flow in the next three years.
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Network & Infrastructure
OTE digs in on fibre build amid competitive and operational headwinds
Greek incumbent’s FTTH rollout programme progressing “steadily”, as run rate nears level required to meet headline three million homes passed target. Read more on key takeaways from Q3 FY23, incl. performance, competitive intensity, disruption from fires and floods…
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M&A
Deutsche Telekom to create €2bn tech acquisition pot
Chief Executive Tim Höttges says operator is considering allocating sizeable warchest to Thorsten Langheim-led Group Development division for acqui-hire push in strategic areas.