All Restructuring (reorg) articles – Page 9
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Strategy & Change
Wayra re-org in Latin America
Telefónica Open Future is reportedly restructuring its Wayra startup accelerator in Latin America, and is set to shutter its facilities in Chile, Peru, Mexico, and Venezuela, and consolidate its operations in Argentina, Brazil, and Colombia.
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Goldman Sachs examining Telefónica mast sale prospects
It was reported that Telefónica appointed Goldman Sachs to examine its options for monetisation of its mobile mast sites.
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T-Systems retains UK outpost, despite challenges
Descent into loss blamed on contract and organisational restructuring. Questions pervade over management’s true interest in UK market.
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BT Group glad-hands investors as share pressure remains
While revised strategy plans for the UK were still bubbling, BT faced a tricky summer with a dwindling share price and investor concerns over operational challenges.
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BT España sale in final phase
Spanish challenger operator MÁSMÓVIL is now thought to be among four bidders remaining in the final phase of the sale of BT España, alongside US private equity firm Carlyle and Spanish venture capital firm Portobello Capital.
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BT Law under review as part of Group restructuring process
BT Group could be mulling wider changes to its BT Law operation that go beyond the managed legal services contract it recently signed with law firm DWF.
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CWU seeks assurance on BT’s ‘Colleague Board’
The Communications Workers Union (CWU) said it is seeking confirmation that BT’s proposal to establish a ‘Colleague Board’ from January 2020 would not affect existing relationships with “democratically elected union representatives”.
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Strategy & Change
Redundancies as Vodafone Ghana streamlines
A restructuring exercise at Vodafone Ghana (VfGh) was said to have seen more than 100 redundancies at the OpCo.
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Strategy & Change
Telefónica accelerates transformation as market worries
Accelerated transformation unveiled to ease investor worries prompted by Latin American turbulence and uncertainty on prospect of profit from digital transformation. Mast monetisation expected to provide €360m profit boost, with action to be taken within coming year. While Telxius expansion a clear path to raising funds, other options are ...
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O2 Germany dissolves NEXT
Development of German market sees Telefónica bringing its big data business more closely under Telefónica Deutschland control to accelerate commercialisation. Rumblings of internal disquiet surround the decision, and key NEXT projects may be sidelined to bring O2 Germany in line with Group strategy.
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Strategy & Change
Telefónica Chile’s headquarters up for sale
Telefónica Chile has put its Santiago headquarters on the market.
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Strategy & Change
Telefónica 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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Strategy & Change
Vodacom lifts Tanzanian interest back to magic 75%
Vodacom looks close to regaining full control of Tanzanian OpCo. Move could have strategy and M&A implications.
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Vodafone Idea partners feel squeeze from merger meld
Signs of tech vendor challenges and frustration in converting sales. Broader operator downturn exacerbating difficulties.
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BT Group hangs up on Fon?
BT Group’s shared Wi-Fi access partner Fon Wireless looks to have been subject to a management buyout. BT is believed to have held a stake in the wireless technology developer, but appears to have now cut ties.
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BT Group’s core infrastructure: when two become one
BT’s infrastructure engine room is also driving the direction of Group digital transformation with IT overhaul.
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BT Group considering sale of business units
More assets on the block as BT mulls LatAm and European sales.
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BT Group confirms location of its new London headquarters
BT Group confirmed its new headquarters (HQ) is to be located in Aldgate in East London.
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BT Group divests BT Fleet, with Tikit possibly next
AURELIUS strikes a deal to aquire BT Fleet Solutions, which includes a“long-term” partnership agreement. BT Enterprise reportedly considering the sale of Tikit.
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BT 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.