All Financial & Performance articles – Page 8
-
Financial & PerformanceVi to get £197m top up from Vodafone partner Aditya Birla
Vi makes inroads into reducing debt pile with proposed cash infusion from Aditya Birla and thumbs up from shareholders for INR 200bn equity offering.
-
Public AffairsEnforced M-PESA spinout delayed by Safaricom $575bn tax exposure
Tax complication delaying spinout of transformational and potentially highly valued African mobile-money pioneer; Central Bank Governor keen to make faster progress on resolution, amidst desire to navigate its local dominance. Read more…
-
Financial & PerformanceYet another AST SpaceMobile launch delay for MNO backers
Getting current-gen BlueBirds into low-Earth orbit for cellular broadband from space taking longer than expected, but funding in place after Vodafone, AT&T and Google supported latest call. Other industry backers include American Tower, Bell Canada, Rakuten, Samsung, Cisneros…
-
Financial & PerformanceDeutsche Telekom’s Europe success story — under-appreciated, under-valued (and awkwardly off-narrative)
Exclusive analysis: quietly, the transatlantic behemoth that is Deutsche Telekom is countenancing a slight increase in capital outlay in its ten-territory Europe division, despite the remorseless downer its execs lay on the region’s lack of global investment appeal. Investors still value rump DT very poorly compared to T-Mobile US, however. Read more…
-
Financial & PerformanceDT hits sales targets in Germany but yet to earn FTTH bonus
Group’s home market business continues to outdo its key rivals on commercial and financial numbers, as well as comfortably hitting mid-term internal goals.
-
Financial & PerformanceDeutsche Telekom hits milestone in Systems reset
Group’s challenged enterprise IT division finally got back into positive cash flow territory in FY23, following a major portfolio overhaul by ex-CEO Adel Al-Saleh.
-
Financial & PerformanceTelefónica FY23: Group fuels up for GPS-guided journey
Operator closes out the year meeting its targets, with CEO Álvarez-Pallete saying foundations are now in place to “comfortably” achieve three-year strategic vision laid out in late-2023.
-
Financial & PerformanceTelefónica FY23 Spend: operator makes room for free cash flow
Operator details plan to further reduce capital intensity with reduced capex and continuing to drive efficiencies.
-
Financial & PerformanceTelefónica FY23 Guidance: Group gets en route to meet strategic goals
FY24 guidance aligns with GPS’ onus on capex reduction and efficiency.
-
Financial & PerformanceTelefónica FY23 Headlines: solid growth achieved
Increases in revenue, OIBDA, and free cash flow presented as a “solid foundation” for Group to spring forwards into fresh strategic cycle.
-
Financial & PerformanceHelios swaps land-grab for lease-grab in strategy refresh
Middle East and Africa tower group makes a change-up of headline KPIs after shifting away from M&A-based expansion of tower footprint.
-
M&AVodafone’s Della Valle claims retrenchment is complete after Italian sale confirmed
CEO Margherita Della Valle has declared the Group’s Italy retreat to be the ‘final step’ of her right-sizing campaign, leaving it smaller but purportedly ready to chase growth in markets that matter. Deal prompts wholesale structural change stretching beyond Europe — ExCo swaps, B2B priorities, shared services overhaul — but Vodafone is left a far cry from its former superpower status…
-
Financial & Performance‘Over-delivering’ Telefónica Tech inches towards €3bn sales goal
B2B digital services unit completes another strong year amid receding M&A-based growth.
-
Financial & PerformanceTelefónica Infra moves closer to 30m full-fibre target
Spanish group reaffirms aim to pass over 100 million homes with fibre networks by 2026, helped by growing portfolio of specialist side-businesses.
-
Suppliers & SCMVodafone video surveillance partner Digital Barriers not rattled by revenue drop, bigger loss
UK-based video surveillance scaleup stood by “positive” long-term growth prospects as it reported significant revenue decline and a bigger loss for fiscal year ending 31 March 2023.
-
Financial & PerformanceVivo affirms loyalty payback of ‘beyond telco’ strategy
Brazilian operator’s Chief Executive Christian Gebara pledges to continue widening portfolio of non-telco services in areas such as health, energy, consumer electronics, and lending.
-
Financial & PerformanceTelefónica Hispam points finger at Peru after FY23 earnings dip
Hispam unit soldiers on with asset-light model, although FY23 sees an unwelcome dip in figures…
-
Strategy & ChangeCellnex to carve out (and possibly monetise) land assets
Spanish group outlines plan to create the “biggest LandCo in Europe” as part of cash flow-focused strategy update.
-
Financial & PerformanceTPG accelerates simplification, but infra stutters make for a bumpy ride
Australian operator posts progress on modernisation and simplification in FY23, and tees up more product and systems culls for FY24. Attempts to rationalise TPG’s physical infrastructure portfolio, though, have proved difficult…
-
Strategy & ChangeVi attempts to convince investors with massive fundraise plan
Vodafone’s Indian JV makes progress on fundraising plans at long last, but questions remain about debt and dues as deadlines loom. Is INR 450bn/£4.3bn/€5bn enough to recuperate the flailing operator?