All Capex (capital investment) articles – Page 6
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Strategy & ChangeGopalan puts Telekom on high fibre diet for FTTP gains
FTTP opportunities and cost burden unsurprisingly top of agenda at Capital Markets Day. New TDE Chief Executive unveils multi-faceted plan to free cash and resource for pivotal mega-project. FibreCo JV, vendor rejig, and bigger capex pot among plans to fuel FTTP “acceleration”.
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Strategy & ChangeLeroy not rocking boat with FY24 goals
New regional CEO Dominique Leroy marking predecessor Srini Gopalan’s homework, and gives it an ‘A’. Similar plan laid out for Europe in next cycle, to maintain modest forward movement in revenue and earnings through service quality and efficiency improvement. Centralisation and cloudification of systems key targets in segment’s “next ...
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PremiumVodafone Q4 FY20–21 guidance: capex bill causes pushback
Group opens up with medium-term growth commitments. However, City analysts appear irked by cash flow uncertainties stemming from spend to fuel that growth.
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PremiumVodafone Q4 FY20–21 spend: a rare loosening of the purse strings
Leadership keen to assure that RoI will dictate where capex flow is directed. Lack of opex focus suggests digital efficiencies programmes could be in for a reboot.
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PremiumT-Systems joins crypto party with Celo
T-Sys MMS to provide infrastructure and validation services for blockchain ecosystem provider Celo as DT ups its interest in the technology. Strategic investment fund TIP tapped for “significant” purchase of CELO crypto-assets.
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M&AVodafone interest AST SpaceMobile completes merger
LEO satellite venture combines with special purpose acquisition company to fuel expansion, with eyes on going commercial with a helping hand from Vodafone. “ASTS” trading on NASDAQ. CEO Avellan unfazed by competition from SpaceX and co.
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PremiumVodafone reels in €2.3bn from Vantage Towers IPO
Proceeds to pay down Group debt. IPO share price holds steady on the Frankfurt Stock Exchange.
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Venturing & InvestmentsTelefónica interest CyG bags fresh investment
Startup’s funding pot topped up by angel investors. CyG member of Wayra’s Hall of Fame. Cross-industry sustainability drive key to CyG’s growth potential.
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Venturing & InvestmentsWayra injects cash into Valencian network tech player Kenmei
Network automation startup Kenmei broadening horizons, with ambitions outside domestic market. Startup’s AI specialism of potential interest to Telefónica. Rival MÁSMÓVIL joins in on funding round.
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Venturing & InvestmentsDeutsche Telekom TIPs more cash into SME security player Cynet
$40m total funding raised in Series-C round. DT adds another undisclosed sum to startup’s funding pot, with latter eyeing growth opportunities.
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Financial & PerformanceBudget 2021: BT benefits but won’t move investment dial
Chancellor Sunak eyes investment-backed build-back. Short term tax break to bolster BT infrastructure expansion. However, gains will be “offset in later years”, and no movement on BT’s number one priority — business rates relief.
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Financial & PerformanceTelefónica wobbles over 2020 finish line, targets stability
Revenue and OIBDA drop 11% as double-whammy of COVID-19 and currency fluctuations hit. Guidance on cash flow just about achieved, while FY21 focus will be on stabilisation. Dividend reduced by 25% as COVID-19 challenges continue, and 5G auctions loom. Telefónica Infra picking up minority stakes in Group infrastructure as ...
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Innovation (R&D)Open Future Call I: Telefónica eyes ‘revolutionary’ tech
Open Future hubs across Spain prep for first 2021 intake. Group seeks to highlight role in job creation amid present challenges.
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PremiumTelefónica raises €1bn through sustainable bond issue
Sustainability financing includes social impact and environmental targets. Proceeds to fund fibre networks and connectivity in unserved areas.
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Venturing & InvestmentsMeteoric rise for Telefónica spinoff Koa
Post-investment, startup lays out growth strategy with US market now of particular focus.
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Innovation (R&D)Shaadow steps out of Telefónica’s innovation doorway
Startup lands cash-injection after internal incubation process. Spinoff equipped with ElevenPaths patented tech. Group execs keeping close-eye on operations.
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Venturing & InvestmentsElsewhere in Telefónica Venturing: Wayra buys into retail
Wayra doubles up on retail and fintech focus. Brazilian portfolio trimmed further with LinkApi exit.
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Venturing & InvestmentsWayra plants further capital in Ireland’s SalesOptimize
Ireland-based startup given (another) leg-up by Telefónica’s incubator hub.
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Financial & PerformanceVi eyes $2bn cash injection
Reports suggest Vodafone’s Indian joint venture will announce funds from a consortium of investors imminently. Fundraising initiative began in September to ease Vi’s debt burden, with 4G expansion also expected to get a boost.
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Partnerships & AlliancesT-Mobile CZ makes convergence push with CETIN tie-up
NatCo ramps up FTTH rollout with infrastructure-build tie-up. Another convergence add-on for mobile-centric operator.