All Corporate articles – Page 7
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OperationsMagyar 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 AffairsVodacom’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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PremiumBT 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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PremiumElsewhere 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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PeopleBT 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 & ChangeHöttges 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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PremiumElsewhere 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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OperationsGlasgow 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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PremiumDeutsche 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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PremiumVodafone 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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PremiumDeutsche 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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PremiumBT 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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PremiumBT reviews senior leadership pay
A change in remuneration policy currently under review, potentially restricting pension allowances.
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PremiumAl-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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PremiumDeutsche 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.
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Strategy & ChangeTelefónica steps up response to coronavirus crisis
Group-wide commitments made to maintaining network capacity in light of changing demand. Cisco and Microsoft partnerships enabling additional enterprise customer support. Consumer benefits include temporary free content and information access, and leeway on data use. Cooperation with public administrations and local rivals seen across the Telefónica footprint.
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PremiumTelefónica’s FY19: building a hybrid engine for a juggernaut
Targets on profit and revenue for the year achieved, but Group now guiding for a period of ‘low and slow’ progress on key financial metrics. While financial growth looks hard to come by, Álvarez-Pallete is aiming to create a higher purpose for Telefónica and drive engagement with his transformation ...
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PremiumDeutsche Telekom expands scope of B2B reorg
Acronyms scrambled again as Group leadership pushes through B2B tidy-up. Leadership targets political battles between TDE and T-Sys. DT’s B2B focus remains somewhat fragmented.
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Strategy & ChangeVodafone's Read talks up tower power (again)
Germanisation of Vodafone continues with choice of Düsseldorf for TowerCo HQ. CEO continues to push for improved asset utilisation in mobile networks, plus sales opportunities. Sharing developments in Germany, India, Italy, Portugal, and UK.
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PremiumTelefónica IoT lauded by Gartner
Telefónica IoT was named a Leader for the sixth successive year in Gartner’s 2019 Magic Quadrant for IoT Connectivity Services, Worldwide report.