All Vodafone Group articles – Page 60
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Financial & PerformanceVodafone’s FY21–22 message: ‘keep calm and carry on’
Read once again assures shareholders that M&A activity is on the horizon.
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OperationsVodafone targets hundreds of OSS apps with “aggressive” cull
Group sets five-year target to whittle 1,200 OSS apps down to 600.
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Partnerships & AlliancesSpaceMobile stays flexible as final testing nears
New funding deal with B Riley provides cash assurance as investment builds ahead of commercial launch.
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Strategy & ChangeAll eyes on Read as e& acquires $4.4bn Vodafone stake
Chief Executive Nick Read ‘blindsided’ by announcement ahead of Tuesday’s annual results call.
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Network & InfraVantage gains build wiggle room with Vodafone deal change
TowerCo builds production speed and “optionality” by securing licence to outsource part of its site expansion work for Vodafone Germany.
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Financial & PerformanceVodafone Q4 FY21–22: Super apps and fintech investment to drive Vodacom growth
FY21–22 results underline revenue diversification ambitions, with ‘new services’ set to contribute increasing proportion to bottom line.
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Public AffairsVodafone gains partial victory against former ONO execs
La Audiencia de Madrid rules that ONO execs accused of tax fraud before Vodafone takeover should pay VAT fees siphoned off cableco’s books. Ruling falls well short of €140m in damages Vodafone was originally seeking.
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M&ATPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
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OperationsIndus seeks to move on from “nail-biting” Vi crisis
Indian tower giant sees “discomfiting” client payment worries subsiding
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PeoplewatchFries outstrips Read on earnings front
Liberty Global CEO Mike Fries took home $62m in FY21, putting him ahead of peers at fellow large telcos including Vodafone’s Nick Read.
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Partnerships & AlliancesStill no date for Safaricom Ethiopia launch
STE indicates it is close to reaching network-sharing agreements with Ethio Telecom. Changes to national payments law should pave way for M-PESA.
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OperationsVodafone exec hails big data benefits of Google Cloud
Ignacio Garcia says Vodafone collaboration with Google Cloud Platform has helped improved customer satisfaction and lower TCO. Platform processed more than 100 exabytes from Group operations in 2021.
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PremiumElsewhere in Vodafone Group: job applications open for refugees
Vodafone receives 800 applications from Ukrainian refugees; launches free V2X platform across Europe to improve road safety.
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PremiumPrivacy-by-design at heart of data trust strategy
Fostering an improved reputation for trustworthiness and delivering privacy-by-design can lead to new revenue streams, according to Vodafone Business data chief.
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PremiumVodafone mulls Spanish fixed line options
Spanish OpCo faces tough decisions as rivals MÁSMÓVIL and Orange Spain plan merger.
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PremiumVodafone ‘weighs’ TalkTalk takeover
UK altnet said to have asked Lazard to review options as potential bidders circle.
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PremiumVodafone people moves: German leadership continues evolution
Vodafone Germany CEO replacement named; Networks lead confirmed; and Commercial Operations lead filled temporarily. Vodafone UK’s strategy chief Dixit set to join former CEO Jeffery at Frontier. Vodacom SA CEO Sharma confirmed departure leaving vacancy at the top. Vodafone Carrier and Partner Markets names regional management changes.
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Public AffairsNet neutrality: Telekom StreamOn, Vodafone Pass ordered to close
Regulator says zero-rating add-ons breach net neutrality. German operators told to terminate services by next year. Order follows European Court of Justice ruling that the services are “incompatible” with EU law.
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Partnerships & AlliancesVodacom signs “exclusive” deal with Visa in South Africa
New contract builds on similar deal between Safaricom and Visa for M-PESA. Visa payments option likely to be available as a virtual card integrated into the recently launched VodaPay Super App.
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Strategy & Change‘A deliberate ploy’: UK operators face backlash as prices increase
Consumers facing broadband and mobile price hikes question operators’ justifications. Infrastructure investment and heightened demand among the buzzwords, but critics say margins the greater concern. MVNOs come out on top against ‘big four’ in a consumer survey.