All Financial & Performance articles – Page 25
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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.
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Vodafone Q2 FY22-23 Spend: Della Valle looks for another billion behind sofa
Updated cost-cutting programme targets “€1bn+” in efficiencies over three years, although only net of inflation.
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Vodafone Q2 FY22-23 Guidance: Outlook puts Read’s Plan A in deep freeze
A reeling Vodafone scales back earnings and cash flow guidance.
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Vodafone Q2 FY22-23 Headlines: macro and micro trends bite into profit
Revenue picture mixed, with strength in UK, Ireland, and Portugal but ongoing weakness in Germany, Italy, and Spain.
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Vodafone Q2 FY22–23: Read signs off after turbulent final quarter
Flaky Q3 results and reduced guidance pave way for CEO Read to depart Vodafone after just over four years at helm.
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Suppliers & SCM
Mitie extends Vodafone deal, sets sights on telecoms growth
Five years added to Vodafone UK facilities management contract, with the operator named a “top-ten” customer.
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Boomtime for 5G in India, but Vi still lags
Airtel attracts more than one million 5G users in fewer than 30 days since launch; Jio up and running in 12 cities.
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M&A
Dealmaker Cellnex shifts to ‘stability’ in more turbulent times
”Unconditional” pursuit of investment grade status now the current driver of Cellnex strategy, enabling stronger shareholder returns and more options for expansion post-2024.
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Financial & Performance
Vodacom plans twin-track African infra expansion
CEO indicates wireline infra relationship with CIVH could be extended beyond bounds of South Africa.
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Strategy & Change
Talk of Telefónica Tech partnership resurfaces
Executive Chairman José María Álvarez-Pallete says Telefónica Tech is outperforming, and wants the market to recognise value.
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BT H1 FY22–23 Headlines: growing in some areas, shrinking in others
The usual Consumer and Openreach positives continue to be offset by B2B challenges.
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BT H1 FY22–23 Spend: infra ambition not enough to convince investors
No such thing as a free network: investment needed to beat competition.
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BT H1 FY22–23 Guidance: BT Sport and full fibre make an impact
Pro forma amendments to Group figures but outlook remains rosy.
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H1 FY22–23: Openreach all about FTTP connections now
Fibre rollout continues at record rate, as focus shifts to customer uptake.
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BT H1 FY22–23: BT Global still struggling for consistent growth
Revenue and profit down, but BT adamant division is outperforming market in key segments.
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BT H1 FY22–23: Glimmers of hope at BT Enterprise
Headline numbers remain largely red, but digital transformation gaining momentum.
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BT H1 FY22–23: Consumer’s charge takes in new territory
Preparations for New EE well underway as division steps into cybersecurity and gaming verticals.
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Telefónica urges EC to change its merger review ways
An EU high court opinion confirms EC’s power in deciding merger cases.