All Financial & Performance articles – Page 29
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Suppliers & SCMArqit excited by prospects despite controversial report
BT-partnered quantum encryption startup’s share price remains sharply down following savage WSJ article.
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Financial & PerformanceQ1 FY22: Telefónica facing challenges with a spring in its step
Strong start to FY22 saw cross-examination on prospect of a quick upgrade on guidance for the year. VM O2 the odd one out as three of Telefónica’s core markets show strengthening operational performance and clear vision for market evolution. Telefónica Tech building momentum, but strategy of buying short-term growth ...
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Financial & PerformanceBT Q4 FY21–22: foundations in place, but cracks widening
Typically rosy Openreach figures relied on heavily for positive spin to results mixed bag.
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M&ATelefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.
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Financial & PerformanceVodafoneZiggo ‘prioritises customer experience’, reports “solid” Q1
Preliminary Q1 FY22 results show 37,000 mobile contract additions, taking VfZ beyond five million SIMs. Suffers inevitable impact of losing F1 rights in 2021, though damage appears contained. VodafoneZiggo pledges to supply all customers with 1Gbps connection by the end of the year.
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OperationsIndus seeks to move on from “nail-biting” Vi crisis
Indian tower giant sees “discomfiting” client payment worries subsiding
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Financial & Performance“Give the competition a chance”: T-Mobile US flaunts 5G dominance, dismisses inflation concerns
Positive set of figures from T-Mobile US as operator surpasses customer gain estimates. NatCo more than keen to highlight 5G influence, claiming a ‘two-year lead’ on rivals AT&T and Verizon. Cost of living crisis a “real opportunity” for T-Mobile to “serve more people as the value leader”, says CEO ...
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Financial & PerformanceHrvatski Telekom rides Q1 shocks but ‘ready to adjust’
Croatian operator says Ukraine war exacerbating supply disruption challenges and inflation. No change to FY22 guidance but management watching developments. Telco still keen on M&A to expand regional footprint.
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M&AVivo eyes convergence options as Oi integration begins
Cross-selling to new Oi customer base a focus for CEO Christian Gebara as migration and integration gets underway, set to be completed in 2023. Synergies of BRL 5.4bn (£870m/€1bn) expected via efficiencies in costs, investments, and integration. Spectrum and mobile site tidy-up due this year, with half of the ...
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Partnerships & AlliancesOrange leans on DT buying ties to counter inflation
Executives lay out anti-inflation toolkit in macro risk-inflected Q1 results call. BuyIn joint venture with DT highlighted as having an important role in dampening cost pressures. African ops described as “resilient” to Ukraine war shockwaves.
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M&ATelefónica’s Vilá welcomes merger of rivals in ‘fragmented’ Spanish market
Telefónica COO again questions whether Telefónica should now be seen as a dominant player. Vodafone said to be exploring options for its fixed assets in Spain.
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Partnerships & AlliancesM-PESA gets interoperability boost in Kenya
Airtel, Telkom, and Safaricom customers granted access to M-PESA till payments. Central Bank of Kenya says first phase will “deepen digitalisation” for businesses. Airtel Money and T-kash equivalents still some way off.
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OperationsCost-cutter and digitiser _VOIS: Vodafone’s agent of change lands in three new Local Markets
Vodafone Intelligent Solutions said to have created new bases in Albania, Turkey, and the UK. Group’s long-term centralisation efforts netted over €1.2bn in savings in the three years to March 2021.
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PremiumTelefónica FY21 Headlines: slow but steady improvement
Group ends M&A- and pandemic-dominated year in forward gear on revenue and earnings. ‘Core’ quad performs solidly. Hispam turnaround progresses. Impairments in Peru and Spain fly below-the-radar. A final wave of infra deals on the way.
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PremiumTelefónica FY21 Guidance: growth expected, aided by deal-making
Management indicates gathering levels of confidence. M&A adds are key to recovery goals, however.
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PremiumTelefónica FY21: Group more comfortable with exposure levels
Hispam still not considered ‘core’. However, executives are clearly less concerned by volatility and cash flow drags from cluster of regional OBs. Group indicates deal-making shift from full country exits to infrastructure asset rejigging.
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Products & ServicesBT Final Mile locker network expands
Calor and EDF Energy named as third-party customers for Final Mile service. Pelipod revenue has been rising, but so have losses. CJ Retail Solutions was awarded the locker installation contract.
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PremiumTelefónica FY21: ‘Core Four’ keep playing to strengths
Telefónica|Vivo making headway on digital services and premium propositions. O2 Germany reaping success of investment in network upgrade. Telefónica España defending high-value customers, but wants a TV market rethink. VM O2 focused on fibre to deliver a convergence challenge.
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PremiumTelefónica FY21: Group anticipating a new, asset-light dawn
Solid organic performance fuels management confidence in Telefónica’s ability to maintain growth and regain traditional swagger. Álvarez-Pallete on a mission regarding Telefónica transformation. New Spain and UK FibreCos to round off Group infrastructure monetisation programme. Near-term growth may still be dependent on inorganic activity in Brazil and JV success ...
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Partnerships & AlliancesSpaceMobile lures Orange with Vodafone template
Evolving cellular broadband provider now claims association with 1.8 billion mobile accesses as commercial plans progress. FY21 results see $80m more cash spent by SpaceMobile, but with $322m still at hand to fuel 2023 first phase launch. Management assures supply chain and satellite slots secure despite global upheaval.