Vodafone Deals & M&A – Page 14
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Vodafone goes IoT value-chain building with grandcentrix
Planned IoT partnership targets SME customers. grandcentrix will continue to operate as separate entity if anti-trust authorities give green light.
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Vodafone preps “delicate” Unitymedia TV switchover
Big but “delicate” migration project in pipeline. Vodafone TV spread continues as Group seeks to iron out tech ecosystem. Liberty’s Horizon platform out of contention as Group TV enabler.
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Vodafone Group Q2 FY19-20: Duo double down on reforms
Leadership reach for scalpel again; new savings plan in pipeline and asset sales remain high on agenda. Debt increase stresses diminishing cash wiggle-room; focus remains on cash flow improvement. Patchy Q2 trends: major OpCos spluttering, but Group inches back into growth.
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Vodafone usurps EE with Virgin Media tie up
Another signal of Read stepping out from Colao’s shadow. 5G capacity boost appears to change Group thinking.
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Vodafone extends convergence play to Albania
Operator agrees acquisition terms with Albania’s largest cableco. Demos 5G-enabled remote car driving.
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Vodafone agrees to sell Malta unit
Vodafone’s leadership re-emphasised eagerness to pull back its front lines with an agreement to sell Vodafone Malta (VfM).
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Venturing & Investments
Vodafone regional CEO Badrinath visits Ethiopia amid ongoing Group interest in the African nation
Vodafone’s Rest of the World Region Chief Executive Vivek Badrinath was said to have paid a visit to Ethiopia, underlining ongoing Group interest in the country.
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Venturing & Investments
Vodacom increases stake in Vodacom Tanzania
Vodacom Group reportedly concluded a transaction to increase its shareholding in Vodacom Tanzania (VdT) to 75%.
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Outcome of Vodafone Hutchison Australia’s proposed TPG Telecom merger to be determined early-2020
There were further signs that Vodafone Hutchison Australia (VHA) will have to wait until early-2020 to find out whether it has successfully resurrected its merger with rival-cum-partner TPG Telecom.
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Vodafone Hungary to drop UPC brand in 2020
Reports surfaced that Vodafone Hungary (VfH) intends to drop the UPC brand from as early as April 2020, as Vodafone’s central and eastern European OpCos step up their converged services strategy.
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Protests continue despite Unitymedia buy completion
Small operator grouping gets legal on competition. Housing association supply concerns resurface.
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Strategy & Change
Vodafone Greece to close Cyta
Vodafone Greece (VfGr) announced it will close Cyta Greece, a mobile virtual network operator (MVNO), at the end of September 2019.
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Public Affairs
Safaricom tagged in Airtel-Telkom politics
Rival drags Safaricom into arguments as merger hits problems.
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Strategy & Change
Vodacom lifts Tanzanian interest back to magic 75%
Vodacom looks close to regaining full control of Tanzanian OpCo. Move could have strategy and M&A implications.
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Public Affairs
Liberty Global deal approval triggers Deutsche Telekom
EC waives through merger, conditional on full compliance with Vodafone’s remedy package. Telekom considers legal action.
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Strategy & Change
New competitive threat as Forthnet firms up MVNO
MVNO-sceptic Vodafone compelled to support rival’s mobile launch. Possible trigger for long-mooted M&A action.
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Suppliers & SCM
VfI signs raft of deals for post-merger synergies
Fresh contracts with long-established suppliers Ericsson, HPE, and IBM. Merger partners wield more procurement power as VfI. Focus on back-office streamlining, virtualisation, and digital transformation. CEO Sharma says post-merger synergy targets are “ahead of track”.
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Vodacom snaps up solution provider IoT.nxt
Business development partnership upgraded. Suggestions that times have changed regarding operator tie-ups.
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Group finds face-saving NZ exit but Oz rejig stalls
Read’s portfolio cull in non-European markets continues. Group hopes it is third-time-lucky for a deal to remove shackles in NZ. Infrastructure funds offered up as new M&A buddies for Group in retreat. Auxit denied: TPG deal knockback dampens the mood.
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Vodafone delivers remedy package for Liberty merger
Wholesale deal with Telefónica aims to secure Liberty merger go-ahead. Vodafone also commits to deliver OTT TV services in Germany. DT and broadcasters remain unimpressed. EC pushes back deadline again on merger investigation.