All Political articles – Page 13
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Public AffairsDCMS told to get a grip on Project Gigabit
“Disappointed” accounts committee frustrated by lack of measurable progress and clear plans for reaching 2025 target of 85% ultrafast coverage. Department blasted for lack of meaningful legislation on removal of barriers to deployment. DCMS still seeking clarity from operators on national rollout plans.
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Network & InfrastructureTelefónica’s PangeaCo begins operations in Peru
Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.
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Financial & PerformanceVodafone close to settling €2.4bn tax dispute with India
Group offers New Delhi a deal after retrospective tax legislation scrapped. Dispute harks back to Vodafone acquisition of Hutchison Essar in 2007. Indian stand-off has long cast a shadow over Group finances, despite recent legal victories.
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M&ASpain shields Telefónica as KKR’s TI bid makes waves
Spanish government reinforcing restrictions that would halt hostile bids for Telefónica until 2023. Europe’s telco sector awash with bid speculation as KKR pursues TI, and Indian conglomerate Reliance Industries is linked to a BT bid.
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PremiumVodafone joins European telco call for open RAN help
Group signs off on Analysys Mason report recommending that European policymakers financially stimulate the region’s open RAN ecosystem. Report also backed by Deutsche Telekom, Orange, Telecom Italia, and Telefónica. Wibergh says “Europe needs to urgently prioritise open RAN” to avoid slipping further behind Asia and USA.
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Network & InfrastructureRegulator: don’t let Ethiopia unrest slow network rollout
The Ethiopian Communications Authority has told STE to “expedite the project rollout” amid ongoing conflict in the country’s north. No wiggle-room in Q1 commercial launch deadline, despite Safaricom staff evacuation and national state of emergency.
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Partnerships & AlliancesUK telcos face missing out on Horizon Europe funding
Political brinkmanship between London and Brussels threatens access to €95.5bn R&D pot. UK preps Discovery Fund as alternative, but unlikely to match largesse of Horizon Europe.
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Partnerships & AlliancesVodacom’s Super App cushioned if “politics” plays up
Vodacom CEO Shameel Joosub says operator’s VodaPay Super App smarts are protected if political changes affect Alipay. Alipay technology underpins Vodacom’s financial services growth plans. Super App set for commercial launch in South Africa this month.
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Public AffairsTelefónica on edge as rambunctious Peru government beds in
Reports highlight fears that multinationals in Peru may face tougher opposition in trading and taxation disputes as the new Peruvian administration develops its strategy under a strongly left-leaning President. Risks the future of a local Telefónica InfraCo; could face complications in a challenging political climate.
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Strategy & ChangeEthiopian mobile: Tigray overshadows Safaricom-Voda market entry
Escalating conflict and humanitarian crisis spreads in northern region. Prime Minister Abiy Ahmed criticised for Tigray response, but undeterred on reform agenda and courting private investment. What is Safaricom-led OpCo getting into? Unrest brews challenging conditions, as US sanctions threaten OpCo funding. Vodafone keeps a low profile in Ethiopian ...
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M&AAussie antitrust tsar seeks change after TPG–Vodafone merger
Rod Sims, Chair of Australia’s competition commission, expresses “serious concerns” about market health after TPG–Vodafone merger. Sims wants bigger powers to block further anti-competitive M&A.
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Network & InfrastructureCell Broadcast readied in Germany’s post flood re-build
The long-mooted Cell Broadcast warning system gets preliminary greenlight from German government in response to apparent vulnerabilities exposed during July’s flash floods. Deutsche Telekom already has its hand up as a bidder for any government tender for the infrastructure project, worth an estimated €40m. O2, Telekom Deutschland, and Vodafone ...
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Financial & PerformanceVodafone, ABG keep funding taps closed for beleaguered Indian JV
Vi shareholders wash their hands of JV’s plight. Insist that private investment is the only way for Vi to remain going concern. Vi CEO Ravinder Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.
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Public AffairsUzan family sues Vodafone and others for $68bn
Turkish clan of business tycoons claims its assets were illegally seized and sold by the state. Vodafone’s 2005 acquisition of Telsim among the family’s grievances. Group denies all allegations of contributing to defraud the Uzans.
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M&ADrahi cites Brexit for BT swoop
Co-founder of Altice telecoms group pays UK government ministers a visit about newly acquired 12.1% BT stake. Claims Brexit and relatively low FTTP rollout makes UK ripe for investment. Some in BT reportedly think overtures to government might be part of a grand takeover plan.
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Public AffairsDRC: Vodacom denounces ‘arbitrary’ engineer arrest
Vodacom DRC formally protests arrest of engineer on allegations of fraud. Controversial mobile device registry at the centre of the row, which has in recent months seen marches on the streets of Kinshasa.
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OperationsFour-day weeks and home working at Telefónica
“Avant-garde” union deal writes in provisions for permanent hybrid working for 15,000 employees. Four-day week pilot promised for volunteer employees, with an accompanying drop in pay. 1% salary increase also flagged.
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Strategy & Change
Ethiopia: Kenyan president gets behind Safaricom entry
President Kenyatta urges Ethiopia to open up m-money market. Safaricom reveals planned ownership structure of future Opco, with Vodafone set to play a very limited role.
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Strategy & ChangeElection turmoil clouds Movistar’s Peruvian future
A left-wing candidate could become Peru’s next president with suggestions that nationalisation may be on the agenda.
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Innovation (R&D)UK access to Horizon Europe unclear
Government offers to pay some of the costs, but not all, to access EU’s Horizon Europe scientific funding initiative. The successor to Horizon 2020, which BT has tapped into, Horizon Europe has an R&D budget of €95.5bn.