All Financial & Performance articles – Page 13
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Suppliers & SCM
SAP trumpets role in transformation gains at BT
ERP player SAP declared success for solution deployments fulfilling commitments made in a strategic partnership signed in 2019.
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Financial & Performance
Orange confident of MÁSMÓVIL merger clearance in 2023
Christel Heydemann hopes to complete merger deal in Q1 FY24.
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Enterprise (B2B)
Vodafone Spain dials up enterprise efforts in hunt for growth
Vodafone Spain moves to revamp business unit in battle for revival, with new management in to support growth strategy.
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Strategy & Change
Blackstone targets ‘compelling’ digital infra gains
Investment behemoth wants to more than double the value of its infrastructure business, aided by AI-fuelled growth in data centre capacity and other digital assets.
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Operations
Orange restructures global wholesale operations
Michaël Trabbia launches restructured and enlarged Orange Wholesale.
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Financial & Performance
Vodafone’s international federation reports another year of decline
Partner Markets revenue drops for third year running, with management this time blaming the conflict in Ukraine.
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Financial & Performance
Virgin Media O2–Tesco joint venture nears £1bn revenue mark
Twenty-year old joint venture, UK’s largest MVNO, posts a jump in sales despite being a rare hold-out on inflation-linked price rises.
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Premium
VM O2 given open RAN funding boost
Virgin Media O2 secures place on four state‑backed open RAN projects, focusing on connectivity in high‑density environments.
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Premium
TMUS sets up second 5G-focused corporate VC fund
American NatCo establishes second investment fund targeting 5G innovation, again in partnership with Touchdown Ventures.
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Financial & Performance
Magyar Telekom has cheerier FY23 outlook; now expects double-digit growth
Good news on customer sign-ups and spending sees Hungarian incumbent significantly raise full-year sales and earnings forecasts.
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Premium
IoT tops agenda as £6.4bn framework contract launched
VM O2 and its major peers throw their hats in the ring for range of public sector services contracts covering legacy and emerging technologies.
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Strategy & Change
T-Mobile US CEO spells out cost of demand for device subsidies
Higher device costs appear to have been a contributary factor to latest round of job cuts.
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Strategy & Change
T-Mobile US plots more shareholder rewards as DT holds firm
Deutsche Telekom intends to retain majority shareholding in American NatCo.
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Financial & Performance
Safaricom issues green financing to fuel ESG investments
Sustainability-linked loan facility set to “unlock” Kenyan operator’s investment diversification plans.
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Premium
TPG MVNO push gathers steam with IMZI launch
A subsidiary of long‑term enabler partner Isoton is delivering a cheap and quick path for brands to get up and running as MVNOs.
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Premium
US tops the agenda for SpaceMobile commercial launch
Successful testing heralded, and funds raised for initial BlueBird launch as satellite‑to‑mobile innovator readies 2024 commercial launch.
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Financial & Performance
DT CEO seeks help from AI and T-Mobile in bid for €150bn+ valuation
Group’s CEO plays the tease as his strategy team begins to flesh out next medium-term plan. One aim will be to add €50bn–€70bn to DT’s market cap by winning over sceptics regarding industry growth prospects.
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Strategy & Change
TPG to cull brands as integration gives way to simplification
CEO Iñaki Berroeta announces multi-year simplification programme that aims to establish a “leaner, nimbler” TPG Telecom.
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M&A
Cordiant snaps up Ireland’s Speed Fibre
Digital infrastructure investor becomes “big fish in a small pond” with first move into Irish fibre market.
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M&A
Digi signals interest in Orange–MÁSMÓVIL merger remedies
Digi CEO sees potential merger as transformative moment for the Spanish market.