All Legal (compliance, regulatory) articles – Page 32
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M&A
New Three boss snipes at O2–Virgin merger
Finnegan doubtful on merits of O2–Virgin Media deal, but bullish on leading further UK consolidation.
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Network & Infrastructure
Movistar signals interest in Colombian 5G spectrum
Operating business highlights plans to beef up its 5G spectrum platform, despite ongoing suggestions parent Telefónica is keen to reduce ties to the Colombian market.
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M&A
Telefónica jilted in LatAm again
América Móvil gave up on Movistar El Salvador acquisition. Telefónica once again sees sale of a Latin American asset derailed by actions of local competition and regulatory watchdogs.
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Public Affairs
Telefónica Argentina hit by Fernández decree
Presidential decree to freeze broadband, telephony, and pay-TV tariffs until end-2020 further weakens Argentina’s place in Telefónica world. Move seen as damaging enough to warrant cross-industry response. In subsequent dialogue with Enacom, operators show some willingness to play ball in return for assurances on “industry sustainability”.
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M&A
BT readies itself to ward off unwanted advances
With its share price deflated, dividend suspended, and a series of financial challenges on the horizon, BT Group is consulting on the best way to shore its defences against unsolicited bids. Boutique banker and trusted Vodafone advisor Robey Warshaw may be added to BT defence team. KKR emerges as ...
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Premium
O2 meets interim target on coverage obligations
Operating business back on track with LTE rollout after supply chain troubles, but is still playing catch-up on coverage obligations.
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Premium
Infratel–Indus Towers merger remains in limbo
Deal, agreed more than two years ago, continues to be clouded in uncertainty. Latest delay likely related to uncertainty over Vodafone Idea’s payment of AGR dues. Bharti Infratel chairman confident of favourable ruling from Supreme Court, and that Vodafone will “definitely stay” in India.
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Network & Infrastructure
UK security industry braces for IP voice surge
Openreach looks set to take the plunge on all-IP exchange migration in the coming months and BT’s retail divisions are making a push for IP-based voice services. Industry body BSIA urging members to ensure electronic security estates are prepared for the impending analogue switch-off.
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Strategy & Change
Drillisch roaming talks becoming “mother of all battles”
Prospective new MNO remains stuck in talks with rivals, leaving Germany’s four-player 5G strategy in limbo.
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Public Affairs
Ofcom wholesale voice review rings in changes for BT
The call services market is changing and Ofcom proposals aim to keep up with the times.
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M&A
Oi can afford to be choosy as rival bids for assets emerge
Restructuring Brazilian operator Oi is weighing up escalating offers for its mobile assets as a consortium of local operators compete with private equity-funded infrastructure provider Highline. TIM Brasil may have most at stake in bidding, with speculation it would take the lion’s share of Oi assets.
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M&A
Telefónica uses Liberty for Costa Rica exit Plan B
Telefónica still intends to pursue legal action against former buyer Millicom. New agreement looks to have wiped $70m off the previously agreed deal.
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Network & Infrastructure
Vivo launching 5G DSS in Brazil, semi-committing to Huawei infra
Telefónica’s NatCo to launch 5G network on refarmed spectrum this week, as COVID-19 holds up frequency auctions. DSS employed but workaround deemed“not ideal”. Vivo VP gives tentative green light to Huawei, despite increasing regulatory threat to Chinese-backed networks. Host of new digital ...
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Premium
TMUS and Dish set aside differences (for now)
Ergen shows TMUS he will not be easy to deal with.
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Premium
Elsewhere in Telefónica Group: Green initiatives and TV studio launch
Telefónica recognised for green credentials, and maintains progress in TV content creation.
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Public Affairs
Telco execs to share private comms in Phones 4u case
Senior management at Telefónica, BT, DT, Orange, and Vodafone may be required to hand over their phones for inspection as discovery continues in the lawsuit examining alleged operator collusion in the downfall of Phones 4u.
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Suppliers & SCM
Lords pressures BT on Huawei human rights record
Lords pushing to raise obligations of infrastructure owners to police the supply chain in a way that goes beyond current modern slavery legislation. Government recognised concerns as legitimate, but prioritising improving UK infrastructure rollout. Proposed amendments could put exclusion of Huawei from fixed infrastructure on a faster track than ...
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Financial & Performance
Jio turns into Vodafone Idea’s worst digital nightmare
Massive Google investment underscores both Jio’s domination and its ambition to develop wide range of popular digital services. Who’s Who of foreign investors, which includes digital-savvy Facebook, now accounts for nearly a third of Jio Platform equity. Vodafone’s long-term outlook in India looks even more perilous than before, after ...
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M&A
VHA starts new slate as TPG Telecom
Berroeta keeps CEO role post-merger; Teoh watches on closely as non-executive Chairman. Mobile and fixed network “synergies” a priority. Vodafone brand sits alongside slew of TPG sub-brands.
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Network & Infrastructure
Telefónica snookered with 5G allocation battles ahead
Threat from Orange and Vodafone palling up on rural network sharing could be exacerbated if the pair are allowed to align mid-band 5G spectrum allocations.