All Financial & Performance articles – Page 19
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PremiumVodafone Q1 FY23-24 Headlines: Europe battles on despite stumbles at the top
European markets battle on but Germany, Italy, and Spain still faltering.
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Partnerships & AlliancesSpaceMobile tops up reserves as funding hunt continues
Vodafone partner AST SpaceMobile explains cash standing, following reports.
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Financial & PerformanceBII lauds digital infra investment impact in tough economic climate
BII CEO Nick O’Donohoe sees private sector funding as critical to delivering long-term, sustainable solutions that grants alone cannot provide.
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Financial & PerformanceKenya “talent war” rages as Safaricom focuses on skills
Kenyan operator warns that the talent pool must grow wider and deeper to achieve digital transformation ambitions.
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OperationsTelefónica Tech merges biz units in major reorg
Cybersecurity & Cloud division is now combined with IoT & Big Data unit to create unified portfolio for Group’s B2B customers. Top management stays on board with different areas of responsibility.
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OperationsVodafone extends energy mix transformation with Iberdrola deals
Power purchase agreements signed in Portugal and Spain, adding to German equivalent.
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OperationsSix Vodafone offices and data centres up for sale
Sites worth a total of approximately £100m listed for sale.
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Financial & PerformanceBT Business boosted as Consumer made to pay its way
Reallocation of costs one month after FY22–23 announcement sees Consumer profitability and cash flow contribution slimmed down as Enterprise sees improvements.
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Venturing & Investments3i Infrastructure injects €24m into fibre provider DNS:NET
Investment will fund continued expansion of DNS:NET’s fibre network in Germany. Former Truphone Chief Executive Ralph Steffens appointed as co-CEO.
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Strategy & ChangeBT pension remains a block on Openreach spin-out potential
As BT and pension trustees continue with deficit-clearing plans, any activity that threatens disruption to progress could be vetoed.
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Suppliers & SCMVi finances prompt questions from would-be 5G kit partners
Indian operator claims progress in OEM deliberations, but reports suggest Ericsson and Nokia are proceeding with caution.
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PremiumVi hunts for funds in latest survival plan
Indian operator reportedly set to earn further equity infusion from Vodafone.
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PremiumBT FY22–23: drive for connections leaves fibre build by the wayside
Openreach presents ever‑positive results but with some targets missed as attention shift pushes out build momentum in favour of fibre uptake.
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PremiumBT FY22–23: BT buys time with merger as B2B troubles linger
Global and Enterprise go out with a whimper, as Jansen stresses merger cost savings will provide breathing space for BT to refocus in the B2B sector.
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Products & ServicesVodafone’s IoT momentum slows despite glut of new partnerships
Series of recent tie-ups show promise, but connections growth hits first single-digit slow-down for the home-grown, now revenue-unicorn IoT business.
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M&AInfratil placed to take full control of One NZ
New Zealand-based infra investor acquires 49.95% stake from Brookfield, taking its holding to 99%.
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PremiumBT FY22-23 Spend: investment increases, efficiencies found
Sports JV helps bring costs down as Group transformation programmes seeks out more savings.
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PremiumBT FY22-23 Guidance: sit tight for another few years
Jansen asks investors for patience as slow turnaround expected to bear fruit in coming FYs.
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PremiumBT FY22-23 Headlines: good, bad, and plenty in between
Group relies on pro forma figures to find positives.
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PremiumBT FY22–23: some done, much more to do as BT looks to the future
BT’s year ends with a positive Q4 but leaves some targets missed.