All articles by Richard Agnew – Page 23
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Financial & PerformanceHrvatski Telekom rides Q1 shocks but ‘ready to adjust’
Croatian operator says Ukraine war exacerbating supply disruption challenges and inflation. No change to FY22 guidance but management watching developments. Telco still keen on M&A to expand regional footprint.
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MarketingTelefónica has a change of plan on convergence
Fusión brand set to be replaced after a decade as totem for Group’s convergence strategy. Move comes with convergent ARPU and acquisition in stall. New service to draw on Group’s prolific recent recruitment of partners such as Microsoft, Prosegur, and Teladoc.
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Partnerships & AlliancesOrange leans on DT buying ties to counter inflation
Executives lay out anti-inflation toolkit in macro risk-inflected Q1 results call. BuyIn joint venture with DT highlighted as having an important role in dampening cost pressures. African ops described as “resilient” to Ukraine war shockwaves.
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Innovation (R&D)Staex: DT spinoff aims to patch up fragmented IoT
Telekom Innovation Labs project on ‘new-generation’ IoT orchestration re-surfaces. New business Staex offers a fresh, decentralised take on running smart-utility and smart-city projects. First external funding secured. Startup sits outside of the DT perimeter but maintains ties with Detecon and T-Mobile.
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Strategy & ChangeDT’s Greek epic: 50% OTE ownership marker in sight
DT’s stake in Greek incumbent continues to inch upwards. Albeit recently a passive development, driven by OTE corporate treasury activity, the development chimes with numerous recent signals by Group management of its commitment to Greece and willingness to raise investment. DT’s third largest market.
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OperationsDeutsche Telekom setting up new IT consulting arm
New consultancy business added to brief of Group CIO Peter Leukert. Move appears designed to support Group’s ERP transformation. Step comes amid wait for confirmation of ERP outsourcing deal with Accenture.
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OperationsCost-cutter and digitiser _VOIS: Vodafone’s agent of change lands in three new Local Markets
Vodafone Intelligent Solutions said to have created new bases in Albania, Turkey, and the UK. Group’s long-term centralisation efforts netted over €1.2bn in savings in the three years to March 2021.
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PremiumDT Q4 FY21: New T-Mobile US mega-project remains on track
Momentum maintained on customer growth, despite rivals’ efforts to exploit post-Sprint vulnerabilities. NatCo claims to be through worst of post-Sprint churn phase. Synergy extraction programme said to be ahead of plan. DT executives remain delighted with development of American powerhouse and have options regarding plan to regain majority share. ...
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PremiumDT Q4 FY21: T-Systems dulls top line pain with withdrawals
FY21 sees big drop-offs in revenue and orders as legacy businesses contract and macro volatility bites. High-profile SAP partnership also seeing challenges. On earnings — T-Systems management’s main focus — the division reports further progress, helped by ongoing cost-cutting and jettisoning of unprofitable activities. But despite efficiency work, T-Systems ...
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PremiumDT Q4 FY21: Europe spend still on pause despite more decent data
New regional CEO Dominique Leroy kicks off leadership with a full FY of earnings growth. Nonetheless, DT remains unwillingly to up investment in region. Executives give downbeat assessment of regulatory and macro climate. Greece’s OTE and Austria’s Magenta Telekom among top performers.
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Suppliers & SCMDT to judge suppliers on their climate ambition
German operator looking for early win as it turns attention to vast — and growing — problem of supply chain emissions. Hardware vendors will be first to come under environmental spotlight as DT tweaks its RFP scoring system. Move comes following joint project with buying partner Orange.
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PremiumDT Q4 FY21: Strengthening TDE nails targets
Telekom Deutschland stays ‘in the zone’ with twin-track sales and profit growth during FY21. NatCo maintains commercial momentum in broadband arena. Executives downplay threat of inflation to fibre mega-project. Ongoing growth expected in FY22.
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OperationsT-Systems closes Russian consulting business
Management and technology consultancy Detecon ends Russian activity in response to Ukraine crisis.
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PremiumDT Q4 FY21: Leadership of Europe? Done that, got the T-shirt
Another strong year of growth for Group, led by USA. As Sprint integration progresses, DT targets €10bn in free cash flow for current year. Unfortunate clash with Ukraine invasion dulls shareholder reaction. Executives stress openness and flexibility when it comes to a big TowerCo deal, but want full recognition ...
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PremiumDT Q4 FY21 Headlines: cash flow back on course, before spectrum
Headlines: cash flow back on course, before spectrum Source: Aaron Burden / Unsplash The Group’s FY21 results again drove home the dramatically increased scale and power of DT’s Transatlantic platform, following the Sprint takeover. DT ended the FY strongly, recording a 4.7%-rise in net revenue, to €28.9bn, ...
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PremiumDT Q4 FY21 Spend: strategy on track
Spend: strategy on track Source: Wolfgang Rottmann / Unsplash Spending-wise, FY22 appears set for more of the same, with DT expecting to continue increasing capital expenditure (capex) during the current year, driven by mega-projects at TDE and (particularly) TMUS. It is forecasting €19.3bn in capex during the ...
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Suppliers & SCMTelcoX research finds hyperscalers ascendant but not entrenched at Vodafone
TelcoX ‘voice of the customer’ insight into how Vodafone employees perceive Techverse and Dataverse suppliers. Vodafone remains work in progress for AWS and Google. Opportunities for vendors to sharpen their differentiation. Chinese vendors Huawei and ZTE retain significance despite tough externalities. Vodafone executives aligned on value of data, held ...
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M&AOrange demands part-refund on 2021 Romania buy
Orange seeking a €24m retrospective discount on purchase of OTE’s majority stake in Telekom Romania, completed last year. OTE says it is examining the claim.
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Innovation (R&D)BT ‘leaning in’ on UK’s science superpower bid, says R&D chief Whitley
Exec backs government’s research ambitions, with added emphasis on private sector adoption. BT, as a top-five UK R&D player, brings real-world experience blending academia and down-streaming outcomes. Pragmatism over future engagement with Horizon, EU’s politicised R&D programme.
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PeopleDT, IFM appoint chief exec for fibre JV
Former Etisalat and Telefónica marketing executive appointed to lead DT’s full-fibre side hustle. Appointment made formal after spell working on setup of JV behind scenes.