Financial & Performance – Page 47
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PremiumVodafone savings not yet impacting African business
Vodafone’s drive to squeeze “industrial savings” out of tower infrastructure in Europe and India does not yet appear to have extended to its African footprint.
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PremiumT-Mobile US partner Quibi raises another $400m
TMUS mobile video partner Quibi raised another $400m in its latest round of investment. It also disclosed further details of the deal it announced with TMUS in late-2019.
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PremiumBT’s H1 FY19–20 divisional round up
BT is continuing its balancing act of underlining the importance of being competitive in retail markets while not being dragged downwards on pricing. Jansen appears ready to fight all comers, while Consumer Chief Executive Marc Allera spends more time emphasising building services that can justify charging a premium.
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PremiumBT’s H1 FY19–20: Jansen warns this might sting a little…
In-line performance, and commitments to keep building transformational momentum, but medicine may have short-term side effects. Fibre acceleration revving up, but uncertainty, both political and regulatory, acting as a brake. Lowth committed to prudence, but open to upping investment. Consumer getting more combative, Enterprise hoping to ride the waves ...
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PremiumVodafone Group eyes the next billion (savings, not users)
Strategic taster for 2020s is — predictably — cost-focused. Germany and UK in firing line for €1bn savings push.
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PremiumVodafone Group Q2 FY19-20: growth regained but few cylinders fully firing
Margin growth on repeat. Europe Region and enterprise spluttering. India shunted further from books.
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PremiumVodafone Q2 FY19-20: Europe recovery drags at increasingly Germanic Region
Bulked-up Vodafone Germany now driving more than half of Europe Region cash flow, as other big OpCos’ struggle for form continues. Read’s commercial changes yet to ignite revival in Group’s core region. Drastic Spanish overhaul or exit still on cards. Group still to internalise Europe’s regulatory challenges.
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PremiumVodafone 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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Suppliers & SCMVodafone Idea rallies the supplier troops
Mavenir, Nokia, Optiva, Red Hat, and TCS engaged via integration plan. CTO reasserts June 2020 deadline for accelerated programme.
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PremiumVodafone Idea condition “critical” after €5bn blow
VfI under enormous financial pressure after DoT court victory. Further rumours of India exit; Vodafone describes them as “baseless”. Added doubts over VfI participation in upcoming spectrum auction.
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PremiumRoW-back goes on: retreat overhangs Vodafone's Q2 numbers
One-time bearer of Vodafone’s growth ambitions slowly fading away. Organisation set for major recalibration in 2020. Vodafone’s interest no longer appears to extend beyond Vodacom.
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PremiumVodafone Hutchison Australia axes 150 jobs
Australian joint venture axes call centre jobs, citing 5G rollout costs and regulatory obstacles.
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PremiumDeutsche Telekom gets Sprint stress headache, takes dividend pill
Group boasts of “record” Q3 results, but numbers shadowed by strategic and operational challenges. Dividend trimmed to keep spend taps flowing and offset US and balance sheet pressures. Capex guidance raised. German broadband “softness” tackled. Leadership looks forward to All-IP completion for German go-to-market. Romanian difficulties continue: “all possibilities” ...
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PremiumVilá quietly confident in Telefónica’s steady progress
Organic growth in key metrics puts Group broadly on track to hit guidance for the year, although Mexico a drag. Management maintaining focus beyond near-term for 5G and digital transformation. Services beyond connectivity slowly feeding MNC growth.
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Public AffairsLabour 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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PremiumT-Systems retains UK outpost, despite challenges
Descent into loss blamed on contract and organisational restructuring. Questions pervade over management’s true interest in UK market.
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PremiumBT 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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PremiumBT 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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PremiumAxiros enlisted for T-Mobile’s push on home front
Connected-home angle to TMPL’s fibre broadband expansion drive.