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      Deutsche Telekomwatch Analyst Report #150 - December 2025
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Latest Strategy News

btw371-peoplewatch

BT Peoplewatch: Openreach sharpens commercial edge with altnet exec

2025-12-29T09:38:00+00:00

December 2025 update: BT adds more industry nous to aid transformation from the Strategy & Change organisation; BT International’s senior leadership team undergoes further early tweaks; and Openreach brings in an altnet exec to ‘sharpen’ its commercial edge…

vfw243_ast-bluebird-launch

AST SpaceMobile eyes 2026 production ramp-up after latest satellite launch

2025-12-24T17:11:00+00:00

Vodafone-backed satellite operator seeks to launch between 45 and 60 satellites in the coming year, following the successful launch of first Block 2 BlueBird satellite…

tfw200_tech-hispam-sale

Telefónica secures deal to sell Hispam B2B interests

2025-12-24T09:28:00+00:00

Spanish group agrees a multi-layered deal to offload Telefónica Tech businesses in three Hispam markets but while also ensuring its maintains services for MNC clients.

See all the latest telco strategy news >>

Strategy & Change

infra-inca netomnia mvno

UK’s Netomnia targets ISP giants with YouMobile MVNO

Fibre altnet and wannabe convergence player set to launch mobile by the end of the year, piggybacking on the VodafoneThree network. CFO Wil Wadsworth and CEO Jeremy Chelot have sights set on the UK’s FMC establishment…

  • Telefónica doing the maths on 1&1 tie-up: report

  • Unions want input into Telefónica’s strategic reorg

  • From upstart to fibre-mobile powerhouse: Netomnia CEO plots BT take-down

  • Grain skewers wholesale model as altnets ponder consolidation

See all strategy news >>

Financial & Performance

dtw149_q3-fy25-mu-indepth

In-depth: German headwinds grab the headlines

Q3 FY25: T-Mobile US, Europe, and T-Systems continue to perform strongly, but German slowdown yet to be addressed.

  • Guidance: jitters fail to jolt

  • Guidance: H1 pace allows for H2 slowdown as Vodafone moves into cleaner air

  • Spend: capex down, opex up as Vodafone reaches ‘appropriate’ scale

  • In-depth: defiant Vodafone CEO eyes European rebound

See all financial news >>

Deals & M&A

tfw199_briefing1

Telefónicawatch: another JMAP-era exec exits; Gayo gets buying; IT vendors net handouts

Analyst Briefing: Round-up of the latest developments at Spain’s re-morphing incumbent, as 2025’s dramatic strategy and personnel changes continue all the way up to the end of the year. Finance chief Laura Abasolo’s departure is confirmed, as part of another top exec layer rejig. And partnerships with Prosegur and Nato move forward as Group targets tech growth. Read more…

  • Eurofiber CEO Alex Goldblum on a decade of deals

  • EMEA Infrawatch: data centre financing surge; investors hesitant on Euro telco infra

  • Vodafone pledges €150m network investment to ‘build, not just grow’ in Romania

  • Brazil’s Vivo buys back cybersecurity unit from Telefónica

See all deals and M&A news >>

Public Affairs

vfw242-tt-emeaiw_maziv-completionxdietlof-mare

Vodacom clears final hurdle to get Maziv fibre JV over the line

South African telecoms authority greenlights the creation of Vodacom’s fibre joint venture with CIVH. Having overcome the final obstacle on Maziv’s journey to launch, CEO Dietlof Mare is aiming to have the business “operating at full speed” by April 2026…

  • UK telcos to face mass lawsuit over alleged overcharging

  • Clearing the Eir: Irish operators criticise ‘excessively lax’ access rules

  • India considers Vi reprieve to promote UK trade, foster relations — report

  • Telefónica said to mull Spain job cuts ahead of Murtra’s strategy reset

See all public affairs news >>

Operations

dtw143-tt-magenta-exchange

Magenta Exchange: T-Mobile and DT seek to dial up exec connections

Telcos’ HR chiefs Birgit Bohle and Deeanne King devise plan to bring US and European sides of Deutsche Telekom’s business closer together.

  • 25 years in the making: Celfocus primed for telco AI era

  • BT electrifies fleet, charges on with EV infra transition

  • Vivo strikes deal in Brazil’s fixed-line regulatory reform

  • Magyar Telekom boosts DT’s European IT stack meld

See all operations news >>

Venturing & Investments

emeaiw_atlas-tower-kenya-investment

Impact investor STOA fuels Atlas Tower’s Kenyan expansion plans

Africa-focused, French infra fund backs growing tower operator, supporting build acceleration and sustainable energy efficiency initiatives…

  • T.Capital adds n8n to growing AI investment portfolio

  • DT’s venture capital unit backs security player Filigran

  • DT adds security and AI scaleups to investment stable

  • T-Mobile joins Bezos in backing ‘$39bn’ robots biz Figure AI

See all venturing news >>

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