Vodafone Strategy & Change – Page 11
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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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Strategy & Change
Redundancies as Vodafone Ghana streamlines
A restructuring exercise at Vodafone Ghana (VfGh) was said to have seen more than 100 redundancies at the OpCo.
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Vodafone takes IoT on road with Geotab and Trinsic
Vodafone Automotive and Geotab club together to create Vodafone Business Fleet Analytics. New telematics and analytics platform initially available in France, Germany, Italy, Portugal, Spain, and UK. Vodafone extends partnership with Trinsic to woo automakers with branded connected-car solutions spread across multiple markets.
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Read signals further cost-cutting measures for Vodafone
Nick Read, Chief Executive (CEO) of Vodafone Group, signalled that further cost-cutting measures are ahead as Vodafone’s leadership pursues opportunities to improve its balance sheet, and appear on top of latest trends.
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Strategy & Change
Vodafone’s analytics team starts looking outward
Vodafone ready for long-trailered Location Intelligence services expansion. Five-year IT and organisational update ensures so-called ‘single version of truth’. IoT and security use-cases also in focus.
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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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Strategy & Change
Germany’s broadband market continues to consolidate
Consolidation remained on the agenda in Germany’s broadband market, following completion of Vodafone Germany’s (VfD) controversial and trans-formative Unitymedia takeover (Vodafonewatch, #178).
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Products & Services
Vodacom looks for regional growth via digital media
South African operator retains exclusive expansion mandate within Vodafone.
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Strategy & Change
Vodacom Group attempting to combat vandalism problem
Each year, as many as 500 of Vodacom’s South African sites are damaged.
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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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Vodafone Idea partners feel squeeze from merger meld
Signs of tech vendor challenges and frustration in converting sales. Broader operator downturn exacerbating difficulties.
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Vodafone Hutchison Australia bid to clear merger blockage begins
VHA and partner TPG focus on self-deprecation.
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Vodafone’s Spanish wireline could be next asset on block
Vodafone Spain quietly testing demand for fixed-line infrastructure. Possible follow-up to Orange and Másmóvil fibre-sharing deals.
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Vodafone Group management update: Q1 FY19–20
Pickup seen following revenue slump, but leadership still focused on asset sales to reduce debt and preserve cash flow. Read primes stakeholders for multi-billion euro tower reorg.
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Vodafone Idea looking to close M-PESA payments platform
VfI hinted at plans to close M-PESA payments platform, after booking hefty impairment charge.
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Vodafone UK undergoing a brand refresh
VfUK undergoing a brand refresh, following the launch of a new marketing campaign.
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Strategy & Change
Vodafone Group targets Deutsche Telekom for tower tie-up
Focus turns to Germany as last of Europe Region ‘big four’ to meet Group push for tower overhaul. German arch-rival yet to be convinced to raise the drawbridge. Cornerstone-style Telefónica Deutschland relationship a possible plan-b. Equivalent plans move forward in Italy and UK.
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Strategy & Change
Vodafone Group’s tentative interest in BT Global Services’ country units
Vodafone continued to be linked with a play for country units being offloaded by rival BT Group.
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Strategy & Change
Vodafone Group still focusing on retrenchment
Vodafone Chief Executive Nick Read restated his focus on retrenchment of Vodafone after completing the sale of VfNZ.
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Public Affairs
Ethiopian opportunities in pipeline for Vodacom Group
Expectations rising for market entrance mooted as far back as 2010.