All Capex (capital investment) articles – Page 5
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PremiumVodafone H1 FY21–22 spend: capex boost falls silent, opex squeeze paused
Presentation sees no further update on (somewhat contentious) Group plans for a capex lift to fuel digital services growth. Executives moot another exceptional investment boost in Germany, for fibre rollout. Group Finance’s headline opex reduction programme comes to a temporary halt, amid pandemic effects.
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PremiumTelefónica Q3 FY21 Guidance and spend: hanging fire in uncertain times
Positive results not enough for Telefónica to lift guidance. Grip on spend remains in place, with focus on volume and mix discipline.
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H1 FY21–22 Guidance: BT’s past investment heralded as future hope
Progress on track and meeting expectations, with management pitching Enterprise as the one to watch for revenue growth. Fibre build phase “done” with anticipated returns to be reaped during “selling and populating” phase, now underway. Build moves Openreach to ‘fibre franchise’, with market rivals striving for scale.
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PremiumH1 FY21–22 Spend: efficiencies found to give BT an edge
Improved cost points for BT’s fibre rollout front and centre, make for positive viewing. Operating expenditure down across the board, and capex up at CFUs.
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Innovation (R&D)UK telcos getting back to the labs, with 4.5%-R&D rise
UK telecoms players laid out more than £1bn on innovation during 2020, the first time they have done so since 2011. Ostensibly led by spend patterns at BT, sector has been regaining some of the significant ground it has lost after tightening budgets during downturn.
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PremiumDT Q3 FY21 spend: Höttges on search for ‘nerds’ to push efficiencies
Q3 data and commentary show Group remains focused on a twin-track strategy of driving savings to fuel investment in select areas of business where it sees opportunities. German and US priorities continuing to drive capital outlay. DT exploring every avenue in bid to staff and support digital transformation, and ...
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PremiumDT heads down under for fibre mate
Australia’s IFM named as Gigabit investment partner following long period of speculation. Move adds to TDE CEO Gopalan’s box of tricks as he seeks to pragmatically accelerate the Group’s slow-building fibre deployment. Startup JV embedded with various protective measures for DT, such as balance sheet deconsolidation, and long-term/standalone strategic ...
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Public AffairsUK government defends Ethiopian mobile investment
Vodafone and CDC investment in Ethiopian mobile operator crops up in parliamentary debate on Tigray humanitarian crisis. Investment deemed to be “right” and long term. CDC emphasises role as impact investor with a lot of patience. Vodacom agrees to fund Safaricom Telecommunications Ethiopia.
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Venturing & InvestmentsDT’s hubraum buys into in-building player PHYTunes
In-building coverage solutions specialist secures funding from hubraum.
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M&ADeutsche Telekom quietly exits Dynamic Signal
DTCP divests 2018 investment, which has merged with SocialChorus.
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PremiumDeutsche Telekom Investment & Innovation Roundup: hubraum frees up cash
hubraum freeing funding cash, invests in precise positioning and in-building wireless partners; DT quietly exits Dynamic Signal.
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PremiumCityFibre bags fresh cash injection
Openreach challenger announces fresh funds through stake sale and bond issue. Capital “enables” Project Gigabit ambitions. CityFibre’s FTTP rollout reaches 650,000 premises. Altnet momentum builds with an estimated £8bn in investment publicly promised.
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PremiumVodafone Q1 FY21-22 Guidance: all quiet on capex front
Group unsurprisingly “firmly on track” to meet heavily caveated free cash flow target. Plan for spend “step-up”, highlighted in May 2021, appears yet to be firmed up after causing City consternation.
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Strategy & ChangeVodacom-owned XLink lays groundwork for new MD
Fleet-footed 2016 acquisition on the lookout for new leader. MD incumbent yet to reveal next step. Recent re-positioning sees provider embrace cloud and up focus on finance and retail markets.
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M&ACityFibre eyes fresh cash injection
Press reports suggest Openreach challenger will announce fresh funds through stake sale and bond issue.
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Strategy & ChangeSpaceMobile targets satellite status quo
AST SpaceMobile’s satellite tech represents break from past, says CEO. US space venture posts first results update since going public, as high-profile, iconoclastic startup edges closer to commercial get-go. Vodafone lends helping hand in satellite-to-cell compatibility tests. FCC opens gateway to domestic market.
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Venturing & InvestmentsDT scopes out precise positioning partnerships
Nascent German business Angsa Robotics beats competition from ten other startups to win Deutsche Telekom backing. Startup gearing up for launch next year.
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Partnerships & AlliancesMovistar gives fitness startup Volava distribution leg up
Wayra interest Volava taps into Spanish OB’s customer base, with flexible payment options for its hardware. Movistar raises possibility that early-stage link-up could be expanded upon, as startup pounces on COVID-19-spurred exercising-at-home trend.
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Strategy & ChangeElsewhere in Telefónica Infra-Tech: Telefónica Tech Ventures expands into IoT
Telefónica Tech Ventures expands into IoT; roads, manufacturing, and tourism targeted as Group continues to build “smart” business-to-business alliances.
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Venturing & InvestmentsDTCP’s monetary fuel fires up One Store expansion plan
Fund joins venture funding round in business owned by close partner SK Telecom. One Store aiming to reach lofty heights of market competitors Apple and Google.