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      Vodafonewatch Analyst Report #240 - September 2025
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      French telco trio unveil their SFR consolidation pitch
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      UK Infrawatch analyst briefing: write-down worries, results revelations, Openreach outrage
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      Vodafone elects winning quartet in diluted RAN mega-tender
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      Orchestration, not Automation, is telco’s real growth engineFeatured submission from Zeeshan Aftab Co-Founder at 10Pearls
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      Gamma’s Mike Mills: why UK altnet-MVNO convergence is happening now
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Latest Strategy News

vfw241-peoplewatch

Vodafone Peoplewatch: exec secures place at head of open networks body

2025-10-15T11:53:00+01:00

October 2025 update: 25+ senior and strategic moves across the operator and its interests, including TM Forum and TIP berths for Voda execs; regional leadership changes in Europe; ex Iberian CEO closes the book; more from around the Group…

orw-sfr pitch

French telco trio unveil their SFR consolidation pitch

2025-10-15T11:09:00+01:00

Orange, Bouygues, and Iliad confirm a long-rumoured move for troubled rival SFR, but a reported to have been knocked back by latter’s parent Altice.

tfw198-nexfibre cb25

‘We need to get on with it’: nexfibre boss wants to see altnet acquisition action

2025-10-15T07:23:00+01:00

Fibreco chief suggests some investors will have to swallow losses on altnets as the industry goes into consolidation mode.

See all the latest telco strategy news >>

Strategy & Change

tfw196-fixed wholesale

VM O2 unifies fixed wholesale in latest B2B rejig

Operator combines consumer and business wholesale functions into a single entity in a bid to reduce complexity and ease customer journeys.

  • Indian magnate joins BT board to give long-term investor Bharti a voice at the top

  • Vodafone Turkey to lean on ‘global’ expertise to move fast with 5G

  • From Virgin to VOO: Orange rummages European brand assortment

  • MásOrange puts energies into new biz in pivotal year for the Spanish JV

See all strategy news >>

Financial & Performance

infra-ftthcee ing

As lenders wobble on UK fibre, should altnets brace for potential write-downs?

FTTH Congress CEE: ING warns that lender peers are weighing up debt write-downs as UK and European fibrecos fail to deliver on business case promises. Altnet leaders warn that investors are ‘scarred’ by past shortcomings, but can be reconvinced…

  • BT drones investment Altitude Angel becomes latest Etc. venture to fall

  • Altice France clears €8.6bn in debt and opens door to SFR sale

  • Eutelsat shareholders inject funds to cut debt, boost LEO buildout

  • Safaricom scaleup Circle Gas faces ‘severe but plausible’ funding crunch

See all financial news >>

Deals & M&A

btw369-tt-Andrea-Giovanni-bonoxcity

Retelit crowns infra unit leader after finalising BT Italia buy

Italian digital infra operator names Andrea Giovanni Bono as Managing Director of Retelit-X, a newly created subsidiary housing the assets it has acquired from BT Italia…

  • French telco trio unveil their SFR consolidation pitch

  • ‘We need to get on with it’: nexfibre boss wants to see altnet acquisition action

  • Orange said to be advancing broadcasting unit sale

  • T-Systems gains health boost with double acquisition

See all deals and M&A news >>

Public Affairs

infra-eir alto

Clearing the Eir: Irish operators criticise ‘excessively lax’ access rules

Industry body ALTO, representing operators such as BT, Vodafone, Enet, and Sky, calls for review into regulation of incumbent.

  • India considers Vi reprieve to promote UK trade, foster relations — report

  • Telefónica said to mull Spain job cuts ahead of Murtra’s strategy reset

  • ‘Enormously aggressive’: nexfibre leads altnet complaints against Openreach copper-to-fibre discounting

  • Orange Poland could see last regulatory shackles removed, if rivals allow

See all public affairs news >>

Operations

tfw197_tef-tech-usa-office

Telefónica Tech adds ‘impetus to US growth’ with new Miami office

Operator’s business-to-business services unit opens the doors to new USA office, with integrated SOC to ensure “efficient” coordination with Telefónica Tech’s international teams…

  • Telefónica cuts the ribbon on Granada AI, cybersecurity hub

  • DT ‘holds keys’ to data sovereignty in Google Cloud migration

  • Efficiency-focused EuroTeleSites switches on Sitetracker

  • Vodafone’s plan to keep up with AI through democratisation, value-hunting

See all operations news >>

Venturing & Investments

dtw148_tcapital-n8n-investment

T.Capital adds n8n to growing AI investment portfolio

Deutsche Telekom’s corporate venturing arm backs $180m Series-C round for AI workflow automation scaleup, continuing a streak of investments in AI-focused startups…

  • DT’s venture capital unit backs security player Filigran

  • DT adds security and AI scaleups to investment stable

  • T-Mobile joins Bezos in backing ‘$39bn’ robots biz Figure AI

  • Vivo moves to expand in fintech with Asaas investment

See all venturing news >>

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