All Restructuring (reorg) articles
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Financial & Performance‘Tough decisions’ ahead for Australia’s TPG amid cost-cutting
CEO Iñaki Berroeta announced jobs are going as latest part of multi-year cost-cutting programme.
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M&AHrvatski Telekom considering field services re-meld
Croatian operator initiates assessment of potential efficiency benefits from re-absorption of HT Servisi site maintenance and construction subsidiary.
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Financial & PerformanceVodafone CFO open to another Vantage Towers sell-down
Luka Mucic uses Group’s FY23−24 earnings call to tease further Vantage Towers sell-down, pitching TowerCo disposal as evidence of value-creating potential for new Vodafone Investments division. Exposure has been reduced in India, while VodafoneZiggo will stay in the family…
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PeopleExpereo installs ex-Vodafone Business exec as CEO
Ben Elms, one-time Vodafone Global Enterprise CEO, earns promotion at SD-WAN and cloud connectivity service provider after stint as CRO.
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Partnerships & AlliancesTomorrow Street adds AI and automation smarts to Vodafone’s scaleup accelerator
Newest members of VPC/Technoport Luxembourg hub: Emplay, Squirro, and Workato.
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Weekly BriefingsVodafonewatch Weekly: CEO claims reset success on Italian offload; now for the internal re-jig
Latest from ecosystem: confirmation of Italian exit triggers major overhaul of Group structure and ExCo. Elsewhere: German fibre disputes; M&A in Czechia; more from Africa, Europe, and much beyond…
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PeopleEssam on the rise as Vodafone shuffles exec deck
CEO changes in the UK and Germany to reflect changed shape of Group operations, European markets relegated under Ahmed Essam remit, Serpil Timuray steps into Investments posting…
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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…
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Strategy & ChangeAdastral Park: BT R&D hub shifts leadership, strategy as Networks takes precedence
Suffolk network, technology, and research campus being moved under wing of lead tenant Networks, said to reflect evolving strategy under CSNO Howard Watson and CNO Greg McCall. Adastral has been undergoing changes, but BT assures it remains ‘critical’…
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M&ATelefónica looks to inhale leftover O2 shares
Group announces intent to buy the final portion of Telefónica Deutschland that it did not manage to secure in recent voluntary acquisition offer, and in parallel take the German business’ shares off Frankfurt Stock Exchange.
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PeopleMelinda Szabó to fill DT’s Czech-Slovak CEO vacancy
DT’s Europe boss Dominique Leroy selects regional consumer head Melinda Szabó to take charge of twin NatCos Slovak Telekom and T-Mobile Czech Republic.
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Strategy & ChangeLiberty builds Benelux HoldCo in pursuit of VodafoneZiggo−Telenet synergies
Liberty Global continues to dance around an unblinking Vodafone, which is said to be considering strategic implications of new Benelux holding company established to optimise stakes (adding potential tax efficiencies, management synergies and financial freedoms)… move also features fixed-mobile convergence, opportunistic infra monetisation, regional and other investor bait…
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Network & InfrastructureVirgin Media O2 fibre NetCo carve out coming for Openreach (and ISP clients)
Potential number-two NetCo to be created by VM O2 and owners Liberty Global and Telefónica, with the aim of creating a scale wholesale fibre challenger; open to M&A consolidation; nexfibre remains arms length…
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M&ATelefónica ‘closes out’ digital-R&D merger, creating strategic digitalisation unit led by CDO
Hacker-in-chief Alonso to lead newly-formed Telefónica Innovación Digital, encompassing data, digital services and innovation functions. Part of Group-wide simplification drive, supporting strategic digital transformation. Learn more…
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Strategy & ChangeHungary’s 4iG to carve out infra assets as part of post-M&A tidyup
Expansive regional IT and telecoms player is to make a late entrance into European infra spinoff party as it seeks to optimise cost base and bring in capital to reduce debt.
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Financial & PerformanceTelefónica Tech charts three-year course towards €3bn revenue target
Division seeks to ease reliance on acquisitions while expanding portfolio of “next-gen” IT solutions to grow total revenue.
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PeopleCellnex appoints new finance chief as reorg continues
Raimon Trias joins TowerCo after José Manuel Aisa Mancho seeks new horizons.
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OperationsOrange restructures global wholesale operations
Michaël Trabbia launches restructured and enlarged Orange Wholesale.
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PremiumDeutsche Telekom Peoplewatch: top-level rejig in Germany
January 2024 update: Telekom Deutschland’s Business Customers unit takes on new MD, following departure of Hagen Rickmann.
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PeopleLatest Orange people moves: C-level changes at MEA units
Orange Morocco names new CFO, while DRC subsidiary takes on new CTO.