All Legal (compliance, regulatory) articles – Page 39
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PremiumCarphone sues Telefónica UK over £21.7m shortfall in profits
Retailer alleges O2 backtracking on promotions hobbled potential to hit lucrative sales targets. O2 “vigorously defending” itself against action in High Court.
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Public AffairsOperators soften 5G cash blow with mobile pact
Operators secure improved payment terms for 5G frequencies. Added rollout commitments made in return.
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Public AffairsMovistar Chile continuing to battle regulatory authorities
Movistar still assessing TLDC spectrum clawback.
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Public AffairsMPDFT seeks to ban Vivo Ads’ geolocation feature
Investigation into data use may give insight into parameters of privacy law in Brazil. However, suggestions of potential impropriety at the operating business cast a shadow over Vivo attempts to position itself as a data privacy champion.
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Public AffairsVivo held accountable for slave labour in supply chain
Vivo held accountable for practices by subcontractors linked to 2014 cell site construction. Minor fine attached to ruling, but reputational cost may be greater. Operator says it will appeal against the judgement.
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Public AffairsVodafone Spain’s complaint against Telefónica España dismissed
CNMC dismisses Vodafone Spain complaint over Telefónica free football offer.
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PremiumCriteriaCaixa expands its Telefónica Group investment
CriteriaCaixa increases its stake in Telefónica.
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PremiumExecutive Chairman confident about Telefónica Group’s future
Group Executive Chairman continues to invest in Telefónica Group.
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Strategy & ChangeTelefónica continues its exit from Central America
Telefónica Group completed the divestment of its interests in three of its central American operating businesses, in Guatemala, Nicaragua, and Panama, for $1.4bn (€1.3bn).
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Public AffairsGerman operators soften 5G cash blow with mobile pact
Operators secure improved payment terms for 5G frequencies. Added rollout commitments made in return.
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Public AffairsKenya’s High Court dismisses SportPesa’s case
SportPesa attempted to challenge the country’s BCLB decision to cancel its operational licence.
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Public AffairsSafaricom tagged in Airtel-Telkom politics
Rival drags Safaricom into arguments as merger hits problems.
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Public AffairsVodacom repeats plea for end to spectrum dilly-dallying
SA spectrum stoppage continues to disrupt Vodacom planning. Government digs heels in for mid-2020 decision; dreaded WOAN still alive. VdSA response includes 2G voice network closure.
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PremiumVodafone Hutchison Australia bid to clear merger blockage begins
VHA and partner TPG focus on self-deprecation.
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Public AffairsVodafone UK hits out over Ofcom enterprise market plans
More business-to-business tension between VfUK and BT.
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PremiumBT Group teams up with UK-based law firm DWF
BT Group agreed a five-year managed legal services contract with law firm DWF to manage the telco’s insurance and real estate legal services.
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PremiumBT Group fined for regulatory accounts errors
BT Group was ordered to pay £3.7m by regulator Ofcom as a result of errors in its regulatory accounts for the years 2011-15. The errors had led to the telco paying lower administration fees between 2011 and 2015.
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PremiumBT Group denied appeal permission by the UK Supreme Court
The UK Supreme Court denied BT Group permission to appeal an earlier ruling from the country’s Court of Appeal that prevented the telco from swapping the inflationary measure used in relation to a legacy tranche of its pension liabilities (BTwatch, #301).
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PremiumBT Group disciplined for not paying suppliers on time
BT Group was one of 18 British companies penalised by the Chartered Institute of Credit Management (CICM) for failing to pay its suppliers on time.
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Public AffairsOfcom opens up PIA and dark fibre, but altnets unhappy
Ofcom has decided to impose an unrestricted physical infrastructure access (PIA) remedy on BT in all four geographic markets that it identified based on physical infrastructure network competition. Regulated PIA has been available in business markets for some time, but the latest PIMR expands availability to the consumer ...