All Financial & Performance articles – Page 48
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BT consumer plans to increase prices
The media widely flagged BT Consumer plans to increase prices for its BT TV and BT Sport services by up to 67% from the end of July 2019.
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Strategy & Change
Jansen pitches share ownership to shift BT Group culture
A new scheme aims to award £500-a-year in shares to each of the Group’s 100,000 employees, as Jansen encourages cultural change at BT.
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Many potential buyers for BT Ireland
A number of companies are considering bidding for BT Ireland after the unit was recently put up for sale, according to reports, with indications that the process has moved beyond first-round bids. The business was said to have been put up for sale at €400m (£358m), although sources expect ...
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BT Group confirmed agreement to sell headquarters in St Paul’s, London
BT Group confirmed that it has agreed the £209.5m sale of its headquarters (HQ) building in St Paul’s, London.
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Government releases £40m more for 5G trials
Latest £40m for 5G use case development applied to logistics and manufacturing. DCMS also flags promises of simpler planning, and more spectrum, although plans remain vague. Operators still waiting for clarity on government’s 5G supplier review.
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Telefónica financial roundup, July 2019
Norway increases stake in Telefónica. KPN completes offload of Telefónica stake.
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Strategy & Change
OTE Chairman: “all options” being explored in Romania
Growing mix of fiscal, regulatory, and competitive difficulties looks to have made Group’s sceptical towards Telekom Romania’s prospects.
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Deutsche Telekom People Moves, June 2019
36 key people moves tracked and analysed. Bohle takes over delicate privacy role from Kremer.
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Venturing & Investments
Telefónica acquisitions and disposals: May 2019
Telefónica continues trimming its asset base to bolster efficiency and return-on-capital through the sale of physical data sites. Long-term tenancy agreements in place, and Telefónica promises business-as-usual for its cloud services.
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Telefónica management update: Q1 FY19
Revenue growth strong across the Group, but underlying weakness emerges in profitability. Digitalisation can now be considered the norm across the Group, and creating new growth opportunities. Convergence demand getting hot in most markets, but with UK said to be an exception. Capital expenditure remains significant as long-term benefits ...
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Vodafone Q4 FY18-19 spend: offset on track
With well drying up and 5G costs rising, leverage reduction is focus for “next few years”. Opex savings plan ahead of schedule, says Della Valle. Fibre splurge looks over, with capex reins kept on tight.
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Vodafone Q4 FY18-19 headlines: headwinds and data fog
Little cause for cheer in top-line trends.
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Products & Services
Vodafone Q4 FY18-19
Diminishing cash wiggle-room reflected in dividend cutback. Reliance on Liberty deal increasingly in focus, as Group continues pivot towards struggling Europe Region. Questions starting to increase around lack of a growth platform.
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Tim maintains Zen despite tension in airwaves
Group keeps on course for performance targets. Q1: another TMUS-powered quarter, but European segments growing contribution. Sprint and German 5G auction outcomes cloud outlook. Hints of churn worries amid European turbulence.
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Vodafone’s ‘other’ division continues slide to background
Currency weakness dampens Region’s growth. Division out in the cold, with strategic plans focusing elsewhere.
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Group waiting by phone for Liberty troubleshoot
Executives dig-down for evidence of “operational” progress as top-line slumps. Revenue momentum dissipates in Germany; Spain and Italy remain in reverse. Emphasis still geared to savings rather than much-needed growth uptick.
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Deutsche Telekom makes fresh cuts in UK
Group continues to trim — but not erase — its operational presence in UK.