All Corporate articles – Page 8
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Telefónica updates its CTIL oversight team
In January 2020, Telefónica Group refreshed its representation on its UK infrastructure-sharing joint venture (JV) with Vodafone UK, Cornerstone Telecommunication Infrastructure Limited (CTIL).
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Simon Lowth buys 425,000 BT shares
BT CFO Simon Lowth and Mary Lowth purchased shares in BT Group to bring his total shareholding to 165% of salary.
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Deutsche Telekom’s Gopalan meets Premier as exit speculation intensifies
DT board, Romanian Prime Minister discuss potential sale of TR. United Group solidifies as potential buyer seeking to extend reach, following recent Bulgarian acquisition.
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Strategy & Change
Magyar Telekom offloads property portfolio
MT sold its Budapest headquarters as part of extended portfolio re-jig.
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Álvarez Pallete into 5th gear on Telefónica transformation
‘Big Four’ operating businesses of Brazil, Germany, Spain and UK to be the focus of the Group, with Latin America operationally isolated, and potentially spun-off. New divisions Telefónica Infra and Telefónica Tech created. The former handling physical assets with Telxius as its cornerstone, while Telefónica Tech will drive commercial ...
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Openreach delays on-boarding full-fibre know-how
Openreach stalls boardroom re-jig to add more full-fibre expertise amid concerns of growing BT influence. Strategic thinker Sherman considered a risk to Openreach independence by key CP customers, although Ofcom management said to be on board.
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Vodafone Group Q2 FY19-20: Duo double down on reforms
Leadership reach for scalpel again; new savings plan in pipeline and asset sales remain high on agenda. Debt increase stresses diminishing cash wiggle-room; focus remains on cash flow improvement. Patchy Q2 trends: major OpCos spluttering, but Group inches back into growth.
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O2 Germany creates unified CTIO role
Mallik Rao now succeeds both Cayetano Carbajo Martin and Guido Eidmann. Germany follows suit from Group, with unified role.
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Public Affairs
Labour promises nationalised free broadband for all — BTwatch’s first take
Considerable speculation and debate on the future of UK communications infrastructure and the sector was sparked by a new Labour Party policy. In its Manifesto for the upcoming UK General Election, Labour is committing to the nationalisation of major elements of BT Group that relate to the provision of ...
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EE runs choir engagement programme to boost employee morale and NPS
EE is running a choir engagement programme at its contact centre in Merthyr Tydfil, to help boost employee morale, reduce attrition and absence rates, and increase its Net Promoter Score (NPS) at the site.
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BT commits to new international climate targets
BT Group was among 87 companies to commit to new international climate targets, which are aiming to help restrict global temperature increases to 1.5°C above pre-industrial levels and reach net-zero emissions by 2050.
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BT Group financial reports roundup, October 2019
Credit Suisse reiterated its “outperform” rating for BT Group. Woodford Equity Fund reported that it had acquired a 1.4% stake in BT Group. Berenberg noted the low valuation on BT Group, based on its current share price. Group CEO Jansen bought 584,000 shares in the telco during mid-September 2019. ...
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BT Group glad-hands investors as share pressure remains
While revised strategy plans for the UK were still bubbling, BT faced a tricky summer with a dwindling share price and investor concerns over operational challenges.
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BT España sale in final phase
Spanish challenger operator MÁSMÓVIL is now thought to be among four bidders remaining in the final phase of the sale of BT España, alongside US private equity firm Carlyle and Spanish venture capital firm Portobello Capital.
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BT Law under review as part of Group restructuring process
BT Group could be mulling wider changes to its BT Law operation that go beyond the managed legal services contract it recently signed with law firm DWF.
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CWU seeks assurance on BT’s ‘Colleague Board’
The Communications Workers Union (CWU) said it is seeking confirmation that BT’s proposal to establish a ‘Colleague Board’ from January 2020 would not affect existing relationships with “democratically elected union representatives”.
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BT Group begins reinvention as national champion
Jansen strives to present operator as a national and customer champion, with ‘Beyond Limits’ the new rallying cry. Social- and digital-inclusion efforts accompanying home nation sports sponsorship to highlight community links. Signs of progress on Allera’s declared Consumer strategy with customer experience and partnership aspirations to the fore. Consumer ...
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Venturing & Investments
Vodafone regional CEO Badrinath visits Ethiopia amid ongoing Group interest in the African nation
Vodafone’s Rest of the World Region Chief Executive Vivek Badrinath was said to have paid a visit to Ethiopia, underlining ongoing Group interest in the country.
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Telefónica accentuates Vodafone alignment on towers
Two challenged operators out at front of race to offload assets.
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Deutsche Telekom hub:raum-backed smart-home startup Ecoisme ceases trading
Ecoisme, a smart-home startup backed by Deutsche Telekom’s hub:raum innovation unit, flagged that it had “ceased trading due to becoming insolvent”.