All Strategy & Change articles – Page 16
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Strategy & Change
Brazil’s Vivo gets Central Bank nod to expand in fintech
Central Bank of Brazil grants licence for operator to expand credit and insurance products and grow its presence in the fintech space.
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M&A
Telefónica, América Móvil team to circle WOM Chile carcass
Operators partner to bid for telecoms assets set to be sold off as part of WOM bankruptcy process.
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Public Affairs
MásOrange angers Spanish unions with plan for 795 voluntary job cuts
After eight months of operation, the Spanish joint venture of Orange Spain and MásMóvil wants to weed out workforce duplication with plans to cut 795 jobs but faces resistance from national trade unions.
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M&A
América Móvil’s Slim nibbles another slice of BT
Interests linked to the Mexican magnate have added another percentage point to the single-figure-stake they acquired in BT in June, taking the operator’s foreign telco ownership beyond 40%.
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Partnerships & Alliances
Vodafone Business picks Tealium for customer data management
Enterprise-focused division has deployed Tealium solutions in six markets, with more to follow in the coming year.
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Financial & Performance
‘Tough decisions’ ahead for Australia’s TPG amid cost-cutting
CEO Iñaki Berroeta announced jobs are going as latest part of multi-year cost-cutting programme.
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Strategy & Change
Telefónica CEO pledges commitment to Brazil after meet-up with president
José María Álvarez-Pallete expresses confidence in Brazil’s telecoms market during trip to meet the country’s President.
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Venturing & Investments
Fibrus bags £100m, eyes positive EBITDA in 2025
Fibrus Co-Founder and CEO Dominic Kearns tells TelcoTitans that the operator is focused on its current build plan, growing its retail customer connections (including off-net forays in NI and Cumbria), and achieving the “milestone” of positive EBITDA in 2025.
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People
Openreach simplifies exec team to navigate ‘very complex’ fibre build
Chief Engineer Andy Whale takes on leadership of new Complex Engineering department, bringing together complex fibre and Ethernet build teams.
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Strategy & Change
O2 Germany revives Simyo B-brand as discount push continues
Mobilezone partnered to resurrect budget brand, continuing commercial aggression as O2 seeks to fill void left by 1&1 contract loss. Strategy shift yet to materially deliver, however. Read more…
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Partnerships & Alliances
Vodafone linked to 5G SA network plan in Uzbekistan
Local reports suggest Vodafone could lend its know-how and brand to a new 5G SA network in Uzbekistan, and would join partner and shareholder e& in supporting the effort.
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Network & Infrastructure
Spain’s Sateliot says space-based IoT platform is ready to go
Barcelona-based New Space startup looks in position to start serving customers, and potentially build on tie-ups with the likes of Deutsche Telekom and Telefónica, after a four-satellite launch.
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Financial & Performance
Vi plugs 4G network gaps to stem subscriber losses
Vi gets on the road to recovery in Q1 FY24–25 with spending on network upgrades and preparing for 5G after recent fundraising.
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Weekly Briefings
Deutsche Telekomwatch Weekly: Europe ‘not so anti-growth after all’
After several major, US-side buyouts this year, Group indicates some M&A budget could be portioned out to Europe too, as regional performance remains solid and DT prepares fresh medium-term strategy.
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Financial & Performance
DT Q2 FY24 Guidance: Everything on point
Upgrade in US cash flow outlook puts DT in line to over-perform on flagship €18bn target for FY24.
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Financial & Performance
DT re-opens to European M&A ahead of strategy refresh
Q2 FY24: Regional giant suggests all the deal-making action will not just focus on its dominant, fast-growing American business when it lays out a new medium-term strategy in a few weeks’ time…
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People
BT rejigs B2B leadership as international opportunities eyed up
Chet Patel tasked with exploring options for BT Business’s global unit; Ashish Gupta and Alex Tempest move on; and shoes to fill at BT Wholesale…
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M&A
EQT and Eutelsat discuss ‘innovative’ satellite ground infraco
Aim is to create a “pure-play, operator-neutral” ground station business initially worth €790m.
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Strategy & Change
India’s Bharti steps in as BT’s new largest shareholder
BT Group reunited with 1990s partner, but this time as junior, with new India connection talked up. Investment anchored as ‘vote of confidence’ in CEO Allison Kirkby’s strategy. Road to regulatory approval appears relatively smooth. More on Altice retreat…
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Weekly Briefings
Vodafonewatch Weekly: fibre sale, B2B investment, UK merger delay
Latest from Vodafone and its interests, including: quarterly and full-year results in India that show positive movement; B2B recovery work begins in Germany; TPG puts fibre assets back up for sale; and plenty more in Europe, Africa, Asia, beyond…