All Restructuring (reorg) articles – Page 8
-
Strategy & ChangeQ2 FY20: Group discussing yet another T-Systems reorg
Enterprise unit buffeted by coronavirus headwinds in Q2. CFO Illek indicates that T-Sys transformation process will have to be accelerated.
-
M&ABT Global finalises French offload to Computacenter
Asset-light playbook repeated. BT to continue serving MNCs and retain local SoC.
-
Strategy & ChangeBT begins new chapter in Spain
Rosa Ronda to head trimmed-down Spanish unit. Portobello Capital creates new company called Evolutio from former BT assets.
-
Strategy & ChangeDT says no layoffs through carrier services switch
Transfer of international comms operations rescheduled for October, and seen as growth rather than pure cost-cutting play.
-
Strategy & ChangeVodacom puts home market business back in action
U-turn on Vodacom South Africa as it returns to becoming a standalone business with its own MD. Group creates simplified structure to manage expanded African portfolio.
-
PremiumVodafone FY19–20 quick take: no change here
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
-
PremiumBlanco’s empire to permeate new Telefónica
Group CTIO expected to pull the strings as Telefónica Tech and Infra establish their purpose, and ensure consistency on the adoptions and commercialisation of new technology. Team of veteran architects and technologists to head six units managing global networks and systems. Memo hints at plans for more independent fibre ...
-
PremiumAl-Saleh retained for next phase of T-Sys reboot
CEO gets a two-year extension as results hold up during overhaul. Deal positions 2022 as target year for emergence of revamped T-Sys. Cash flow production remains the big unticked box. DT confirms coming extraction of division’s network activities.
-
PremiumIBM and T-Sys shift to mainframe tie-up plan b
Streamlining of low-margin business lines continues. Focus of deal is on services support, as opposed to total outsourcing arrangement envisaged in blocked 2019 buyout.
-
PremiumDeutsche Telekom expands scope of B2B reorg
Acronyms scrambled again as Group leadership pushes through B2B tidy-up. Leadership targets political battles between TDE and T-Sys. DT’s B2B focus remains somewhat fragmented.
-
Strategy & ChangeVodafone Shared Services gets a facelift for digital era
Self-styled “Intelligent” division nods to shift towards automation and AI.
-
PremiumÁlvarez Pallete into 5th gear on Telefónica transformation
‘Big Four’ operating businesses of Brazil, Germany, Spain and UK to be the focus of the Group, with Latin America operationally isolated, and potentially spun-off. New divisions Telefónica Infra and Telefónica Tech created. The former handling physical assets with Telxius as its cornerstone, while Telefónica Tech will drive commercial ...
-
PremiumPlusnet loses CEO, as Consumer tightens embrace
Plusnet independence appears set to shrink further as Consumer takes a more direct role in managing the direction of the business.
-
PremiumVodafone strains Telecom Egypt out of Egyptian services arm
Awkward co-ownership with incumbent dealt with. A step in recalibration of Shared Services — and possibly VfEg too.
-
PremiumVodafone Q2 FY19-20: Europe recovery drags at increasingly Germanic Region
Bulked-up Vodafone Germany now driving more than half of Europe Region cash flow, as other big OpCos’ struggle for form continues. Read’s commercial changes yet to ignite revival in Group’s core region. Drastic Spanish overhaul or exit still on cards. Group still to internalise Europe’s regulatory challenges.
-
Suppliers & SCMVodafone Idea rallies the supplier troops
Mavenir, Nokia, Optiva, Red Hat, and TCS engaged via integration plan. CTO reasserts June 2020 deadline for accelerated programme.
-
PremiumVodafone Group Q2 FY19-20: Duo double down on reforms
Leadership reach for scalpel again; new savings plan in pipeline and asset sales remain high on agenda. Debt increase stresses diminishing cash wiggle-room; focus remains on cash flow improvement. Patchy Q2 trends: major OpCos spluttering, but Group inches back into growth.
-
PremiumVodafone Hutchison Australia axes 150 jobs
Australian joint venture axes call centre jobs, citing 5G rollout costs and regulatory obstacles.
-
PremiumVodafone agrees to sell Malta unit
Vodafone’s leadership re-emphasised eagerness to pull back its front lines with an agreement to sell Vodafone Malta (VfM).
-
PremiumO2 Germany creates unified CTIO role
Mallik Rao now succeeds both Cayetano Carbajo Martin and Guido Eidmann. Germany follows suit from Group, with unified role.