North America – Page 23
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PeopleHöttges achieves longest CEO reign at DT
After seven years (and a few days), Tim Höttges outlasts predecessors. He is also the highest paid telco CEO in Europe. Sprint merger bonus puts his FY20 takings close to €7m.
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Strategy & ChangeDeutsche Telekom’s stakes in Europe NatCos creep up
Share buybacks increase holdings in Hrvatski Telekom, Magyar Telekom, and OTE. Group ends FY20 with a much-reduced 43.4% stake in T-Mobile US, but Bonn still calls management shots.
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M&AT-Mobile US casts off from Sprint remnant Tidal
New majority owners for Jay-Z-founded music business after artist reportedly buys back T-Mobile’s stake.
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PeopleDT’s tech and M&A chiefs earn contract extensions
Thorsten Langheim (USA & Group Development) and Claudia Nemat (Technology & Innovation) both pick up new five-year deals. CEO Höttges underlines stability and momentum for the Group.
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PremiumDeutsche Telekom people moves: Petri named Deputy CSO
20-year veteran Axel Petri named Deputy CSO under Thomas Tschersich. In-house consultancy makes exec swaps. New CFOs installed at T-Systems in Brazil and the Netherlands. Changes at T-Mobile US’s Emerging Technologies unit: Dwayne Benefield and Ivo Rook leave; Julie Goldthwait steps up.
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PeopleHow a choice of shoelaces helped change Deutsche Telekom’s fortunes
Former Deutsche Telekom chief René Obermann recalls how John Legere’s unusual footwear played its part in his appointment as T-Mobile US CEO. Convinced he had the right man, Obermann avoided exposing Legere too early to conservative types at head office in case it scared him off.
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Venturing & InvestmentsMeteoric rise for Telefónica spinoff Koa
Post-investment, startup lays out growth strategy with US market now of particular focus.
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Suppliers & SCMVodafone set to switch on IBM’s blockchain for buyers
Vodafone Procurement Company now actively using Trust Your Supplier platform — a means of simplifying buyer-seller relationships.
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PremiumT-Sys looks to take campus offering to next level
Ericsson relationship expanded to cover markets beyond Germany. Move appears to align with bubbling private network initiatives at Europe and US NatCos.
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PremiumSievert envisages Sprint shutdown ramp-up in 2022
TMUS CEO says “isolated” closures of Sprint network already underway. Underlines post-merger integration progress in marketing and distribution. NatCo’s 3G shutdown reportedly pushed back until April 2022.
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Strategy & ChangeElsewhere in T-Mobile US: 5G FWA incoming
TMUS takes R&D looks into agricultural use-cases and immersive tech.
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PremiumPartner Markets: Vodafone’s scale-up substitute
Federation spanning 46 markets across the globe, with operators in New Zealand, Oman, and eastern Europe among recent adds.
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PeopleDeutsche Telekom movers: T-Systems NL CFO exits
Departures include T-Systems Netherlands CFO and Group TV platform development lead. Deutsche Telekom bolsters EU policy efforts. Former Telekom Deutschland boss joins board of telco IT player LotusFlare.
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M&ACaching out: Vodafone’s long-range storage play exited
Group’s corporate venturing portfolio continues to dwindle as Caringo, an investment made back in late-2000s, gets absorbed by storage peer.
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PremiumElsewhere in T-Mobile US: politics, security, and 5G
T-Mobile US plugs 5G into racing drones.
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PremiumDeutsche Telekom people moves: Sourek to drive Magenta brand
UK Global Business Solutions unit gets a new Managing Director as part of planned succession. Magenta brand leadership changes in Austria. Lee and Roszatycki climb the T-Mobile US ladder.
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Strategy & ChangeDeutsche Telekom denies reports of China mobile scheme (again)
Story of side-deal refuses to go away, but Group maintains previous line that it has no interest in a Chinese-German mobile access trade. Speculation re-emerges as China and EU near wider accord on investment.
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PremiumVodafone seeks end to Elliott battle over KDG
Group attempts to put more than seven years of hurt behind it at a cost of up to €2.12bn.
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PremiumC-Band auction rakes in record-breaking sum
Analyst estimates TMUS shelled out $11bn for highly prized 5G frequencies. NatCo raises $3bn from debt markets, suggesting financial strain of auction greater than expected. Winning bidders not named until completion of “assignment phase”.
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PremiumBT plays down risk of FireEye security breach
Group assesses threat to CTI customers as “low to moderate”. No indication, assures BT, that any customer data was compromised.