Financial & Performance – Page 22
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More strife for Vi as fifth of sales staff exit
Mass exodus said to have occurred in recent weeks.
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Digital 9 to increase capex, reinvest for growth
Infrastructure investor’s portfolio now worth £1.3bn after an acquisitive two years.
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Deutsche Telekom hits goal of becoming €100bn business
New Year win for German giant’s management as it hits two-decade share price record.
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Telefónica backs plan to save Ezentis from bankruptcy
Troubled supplier receives support from creditors for refinancing and restructuring plan which will ensure continued support for Telefónica contracts.
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T-Mobile boasts consumer strength, targets switchers
Preliminary Q4 results indicate strong FY22 for T-Mobile, with “record high” and “industry best” contract net adds.
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Venturing & Investments
Vi equity conversion requires further Vodafone funding
Local reports indicate that Vodafone and Aditya Birla’s planned investments fall short of government expectations.
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Elsewhere in Group: CriteriaCaixa increases Telefónica stakeholding
CriteriaCaixa increases Telefónica stakeholding
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YouView losses mount as JV ups product spend
BT-backed TV platform joint venture flags another uptick in R&D investment in bid to compete with streaming giants. Key shareholder funders BT and TalkTalk up lending to more than £100m.
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Orange finance chief Fernandez exits
Ramon Fernandez, CEO for Finance, Performance & Development, will leave in 2023 after finalising Group’s strategic plan.
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Amdocs shows ‘love’ for TMUS as second-largest customer
US NatCo accounted for 20% of vendor’s revenue in FY21–22.
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Financial & Performance
Revenue flat at UK telcos’ M&A sherpa
Robey Warshaw sees slight dip in takings despite recruitment of former UK Chancellor George Osborne.
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Financial & Performance
Arqit downs satellite tools after hyperscaler deals
UK-based quantum specialist steps back from hardware as software proves superior.
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Public Affairs
Spain ‘to extend’ Telefónica shield as macro headwinds build
Reports suggest the ‘anti-takeover’ shield could be extended to end-2023.
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Suppliers & SCM
T-Mobile VoIP buddy Ooma tees up growth to come
AirDial reselling deal expected to boost growth at Silicon Valley vendor.
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Partnerships & Alliances
T-Mobile taps Salesforce for ‘next-generation’ CX vision
Salesforce flags ‘transformational’ deal signing.
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People
Vodafone begins search for new CEO after Read steps down
Look to recent board additions for likely profile of sucessor – more growth, more 21st century, more dynamic, less-insider.
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Operations
Telecoms pay falling behind inflation despite union efforts
Workers’ wages growing slower than inflation, even with recent pay hike successes.
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Strategy & Change
BT targets overlap with potential Enterprise–Global merger
BT aims to find efficiencies in B2B divisions as part of wider cost savings.
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Network & Infrastructure
Openreach reworks fibre building contracts for better “bang for its buck”
Reports suggest renewed focus on near-term project completion at expense of long-term supplier contracts.
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Partnerships & Alliances
M-KOPA lands debt finance from IFC
Safaricom energy financing partner secures $50m loan to pursue expansion in Kenya.