All Corporate articles – Page 7
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People
Vodafone UK’s Jeffery jumps ship, and may not be last
Group loses another exec from layer below CEO Read’s increasingly thin top leadership. Home-market custodian and Read contemporary Nick Jeffery likely to have seen development opportunities limited in tightly-controlled upper echelons. Resultant vacancies in Group Operations and Strategy briefs pose a challenge in terms of introducing new voices.
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People
Openreach seeks people power to fuel full-fibre
BT infrastructure division announces 5,300 new jobs for 2021, although 2,800 of them will be created within subcontractors. Capacity needed to increase weekly rate of full-fibre premises passed from 40,000 to 50,000.
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Corporate
T-Mobile US boardroom given a refresh
Newly-appointed Telekom Deutschland CEO Srini Gopalan leaves US board, swapped for Dominique Leroy. hubraum’s Tazi and Group veteran Wilkins also join.
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People
Vodafone facing brewing storm over van Boxmeer appointment?
Controversy over the use of ‘beer promo girls’ continues to hang over Jean-François van Boxmeer, who is on the verge of taking up the reins as Group Chairman. Vodafone says it is satisfied as to its new Chairman’s integrity.
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Strategy & Change
BT deploys bot to get top techies talking
“Robotic speed dating” sessions among changes being made in a bid to build better connections within Group’s technology leadership. BT getting creative as it grapples with change agenda.
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Operations
Magyar Telekom looks for lodgers in new HQ
Operator looking to mitigate overheads after opting to permanently shift to a hybrid working model. 5,500-strong workforce largely remote since spring, bar brief return. Sub-letting to partners on the cards. Wider Group-level philosophy changes take effect.
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Public Affairs
Vodacom’s Congo CFO gets out of jail
Chutoo endures four-day stint behind bars. CFO reportedly quizzed on allegations of “forgery” and “falsification of financial statements”; but no formal charges. Vodacom DRC expresses surprise.
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BT continues to mull post-COVID-19 working options
Jansen seeks a return to normality. Changes to practices are afoot, however: Work Your Way flexible working initiative launched; distributed working pros and cons explored.
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Elsewhere in BT Group: offline training and Newgate revamp
BT gets permission for Newgate Street revamp; restructuring plans hit resistance; Firebrand flagged as training partner for online and offline.
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People
BT job was “brutal” says ex-CEO Patterson
Former CEO claims he did not feel criticism towards end of BT tenure. Prefers ‘can-do’ mindset of Silicon Valley. BT decision making presented as paper-based and sluggish by comparison.
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Strategy & Change
Höttges takes up seat on Daimler Supervisory Board
Appointment shows growing affinity between telecom and automotive sectors. DT, Daimler face common challenges on transformation journeys.
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Elsewhere in BT Group, July 2020: CAT rules in favour; enterprise tool Onit deploys for BT legal
Long distance truck win; Legal continues to transform.
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Operations
Glasgow and Dundee protected from office closures: BT
Ten cities now confirmed as locations BT plans to retain — although EE’s Hatfield base not yet on list.
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Deutsche Telekomwatch roundup — June 2020
Deutsche Telekomwatch roundup — June 2020 Source: Deutsche Telekomwatch #94 Group Partnerships MobiledgeX, Deutsche Telekom’s edge computing platform spin-out, unveiled what it called a “demand-side” initiative, branded Seamster. The aim, said MobiledgeX, was to capture and model enterprise use-cases surrounding 5G and edge computing, and accelerate ...
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Vodafone Q4 FY19–20 management update: staying the course, post-coronavirus
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
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Deutsche Telekom switches up BT board presence
BT confirmed that DT CEO Höttges will resign from the BT Group Board, to be replaced by T-Sys CEO Adel Al-Saleh.
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BT continues board refresh
Two appointees with substantial banking and government oversight experience joining ahead of 2020 AGM, as old guard steps away.
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BT reviews senior leadership pay
A change in remuneration policy currently under review, potentially restricting pension allowances.
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Al-Saleh retained for next phase of T-Sys reboot
CEO gets a two-year extension as results hold up during overhaul. Deal positions 2022 as target year for emergence of revamped T-Sys. Cash flow production remains the big unticked box. DT confirms coming extraction of division’s network activities.
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Deutsche Telekom Trust pulls away from Ströer SE & Co
Deutsche Telekom Trust (DT Trust), an asset manager for DT’s corporate pension schemes, reduced its stake in outdoor advertising company Ströer SE & Co from 11.3% to 10.1%, reinvesting the proceedings of the sale into other trust assets.