Strategy & Change – Page 29
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Strategy & ChangeMoody’s negative outlook on BT borrowing
Moody’s reviewed its principal debt rating for BT Group in February 2020, and affirmed the headline Baa2 rating for the operator. However, the accompanying outlook for BT credit was downgraded from “neutral” to “negative”.
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Strategy & ChangeEverything Everywhere, over and out
Everything Everywhere Limited, the original entity behind the Deutsche Telekom and France Télécom merged mobile venture that became EE, was finally dissolved through a voluntary strike-off action
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Strategy & ChangeVodafone's Read talks up tower power (again)
Germanisation of Vodafone continues with choice of Düsseldorf for TowerCo HQ. CEO continues to push for improved asset utilisation in mobile networks, plus sales opportunities. Sharing developments in Germany, India, Italy, Portugal, and UK.
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Strategy & ChangeTelefónica hits ground running with restructuring plans
Hispanoamérica expected to be put on a par with Partners Program operators as Group prepares for sale and encourages local independence. Latin American billionaires float a majority stake acquisition of local assets, with Telefónica a minority shareholder, but individual OB sales still a prospect. Morgan Stanley working on Telefónica ...
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Strategy & ChangeVodafone spins off Irish towers
Vodafone establishes new Irish tower business, indiciating a divergence from VfIr’s main structure. Move a part of broader infrastructure recalibration.
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Strategy & ChangeTelekom Deutschland to close nearly 100 stores in digital shift
NatCo goes omnichannel; pushes button on reorganisation around digital. Few details offered but recalibration looks significant for people, organisation, and technology. Union agreement firmed up pre-announcement.
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Strategy & ChangeHrvatski Telekom puts Optima stake on table
Five-year babysitting job could be nearing completion.
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Strategy & ChangeT-Mobile US will rely on renewable energy by 2021
T-Mobile US claimed it was on course to meet its flagship target of relying solely on renewable energy by 2021.
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Strategy & ChangeVodafone's Egyptian exit agreed as Read’s scale-back continues
STC to pay $2.4bn for controlling stake in Vodafone Egypt, at modest valuation. Deal aimed to close by mid-2020. Groundwork of _VOIS Egypt separation previously completed.
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Strategy & ChangeVodafone Shared Services gets a facelift for digital era
Self-styled “Intelligent” division nods to shift towards automation and AI.
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Strategy & ChangeVodafone Greece shutters MVNO Cyta Hellas
VfGr closed Cyta Hellas, the telco it acquired in 2018.
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Strategy & ChangeVodafone UK to cut hundreds from its workforce
VfUK continued to trim its workforce through a move to reduce staff manning the OpCo’s network operations centres. CTO Scott Petty: “The way we run networks is fundamentally changing”.
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Strategy & ChangeVodafone Hutchison Australia registers Felix Mobile service
Vodafone Hutchison Australia (VHA) could be about to jump aboard the Group’s sub-brand train with a new service called “Felix”
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Strategy & ChangeMagyar Telekom offloads property portfolio
MT sold its Budapest headquarters as part of extended portfolio re-jig.
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Strategy & ChangeReprieve for Talkmobile as Vodafone UK revamps brand
Further step in Group’s reconciliation with virtual operators.
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Strategy & ChangeTelefónica sells flagship Barcelona real estate
Telefónica Group sold its Catalonia Square building in Barcelona for €100m to Spanish entrepreneur Daniel Maté.
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Strategy & ChangeTelefónica Argentina joins rivals at business roundtable
Movistar formed a Business Roundtable for the ICT Industry, together with rivals Claro and Telecom Argentina.
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Strategy & ChangeVodafone Roaming Services among group transforming wholesale settlement processes
Vodafone Roaming Services (VRS) was said to be working with fellow operators and technology partners on a blockchain-based system to transform wholesale settlement processes.
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Strategy & ChangeWayra 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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Strategy & ChangeVivo updates BSS to improve service to enterprises
Ongoing work with NEC’s Netcracker will see Telefónica|Vivo upgrade its systems for selling to, and supporting, enterprise customers.