All Corporate articles – Page 4
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Public Affairs
Telefónica set for €1bn+ tax refund
Spanish state told to hand over upwards of €1bn to operator for overpaid taxes in decade-long dispute.
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Strategy & Change
Vodafone investors air share price and shareholder value concerns
Read receives vote of confidence as remuneration is approved by 97.90% of votes.
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People
Telefónica swaps UK&I boss, targets ‘acceleration’
Commercial exec Mark Gorton tasked with fashioning “accelerated growth” from UK&I digital services business, following recent twin buyout.
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Public Affairs
BT ‘foodbank’ stokes union ire ahead of strike vote
CWU leaders angrily cite food donations for EE call centre staff as an example of employees struggling to make ends meet.
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Strategy & Change
Drahi returns to BT spotlight amid fresh takeover speculation
All eyes on French billionaire as six-month ban on BT takeover bid expires tomorrow.
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People
Liberty snags Vodafone’s Suceveanu to lead converged tech
Madalina Suceveanu leaves Vodafone after eight years.
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People
Vodafone chair’s board fix isn’t finished yet
van Boxmeer says “several” more changes likely at Vodafone’s top table, amid ongoing scrutiny into Group strategy.
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People
Chanel allure forces BT Board change
Leena Nair to step down from BT Board, following recent appointment as Global CEO of Chanel.
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People
Vodafone Germany names new CEO as Ametsreiter confirms exit
Hannes Ametsreiter to pursue private investment career from July, when Microsoft’s Philippe Rogge will take the Vodafone Germany helm. Rogge, President for Central & Eastern Europe at Microsoft, chosen for his “pan-European strategy”, says Group CEO Nick Read.
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Marketing
Telefónica, Deutsche Telekom lock horns over ‘T’ logo
DT objects to Telefónica’s adoption of a ‘T’ made up of five circles.
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Strategy & Change
DT’s Greek epic: 50% OTE ownership marker in sight
DT’s stake in Greek incumbent continues to inch upwards. Albeit recently a passive development, driven by OTE corporate treasury activity, the development chimes with numerous recent signals by Group management of its commitment to Greece and willingness to raise investment. DT’s third largest market.
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Premium
Deutsche Telekom people moves: Appel takes chairmanship
New Chairman Appel confirmed despite shareholder criticisms. Europe’s Leroy completes management team with B2B Growth appointment. Magenta TV boss Schuld leaves the Group, with interim replacement in line. Makedonski Telekom’s CTIO Jovanović exits.
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Public Affairs
Industrial action inbound as union rejects biggest BT pay rise in 20 years
Communication Workers Union rebuffs improved offer of a £1,500 flat rise for 58,000 employees. Union states it will take BT’s management “to a place they’ve never been before” as it prepares for a statutory industrial action ballot. BT believes its rates “compare well” against competitors.
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People
ISS UK&I CEO to drop Openreach Non-Exec role
Liz Benison departs to focus on regional CEO role at Openreach partner ISS. Ceeney named as her replacement and will take the role in May.
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Strategy & Change
Telefónica lays out circular economy plans
Group pledges zero waste to landfill and refurb of 500,000 mobile phones by 2030. Backed by MAIA equipment reuse platform. Plans follow GSMA call to action for telecoms sector.
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Corporate
Openreach’s Selley in the dark about Drahi’s aims
Openreach CEO has met the Altice UK owner several times over the years. Selley sees BT as a “very good owner” that has the UK government’s ear.
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People
Vivo stalwarts exit in board reshuffle
Telefónica’s Brazilian operator proposes changes to its Board of Directors, with Group shareholders BBVA and CaixaBank represented via newcomers Gual and Moreno. Former CEO Valente to leave, along with ex-Group COO Linares, and others. Political figures also on the way out.
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M&A
Vivendi head sees Telefónica–Prisa “synergies” as acquisition rumours continue
Arnaud de Puyfontaine wants strategy alignment with “common vision”. Local reports claim Spanish Prime Minister Pedro Sánchez “does not look favourably” on potential Vivendi involvement with Telefónica. Atresmedia also in the frame as part of convoluted acquisition scene in Spain.
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People
T-Mobile tech boss Larsen departs
Dr. Kim Kyllesbech Larsen, a high-profile tech figure within Deutsche Telekom, exits Dutch NatCo on gardening leave. Move comes with T-Mobile’s private equity takeover nearing imminent completion.
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Operations
T-Mobile US reshuffles executive team
Mike Katz assumes resurrected CMO role to lead beefed-up Marketing function. Jon Freier to head operator’s customer care operations, replacing Callie Field, who takes on leadership role at T-Mobile for Business.