All Strategy & Change articles – Page 106
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Strategy & Change
Telefónica steps up response to coronavirus crisis
Group-wide commitments made to maintaining network capacity in light of changing demand. Cisco and Microsoft partnerships enabling additional enterprise customer support. Consumer benefits include temporary free content and information access, and leeway on data use. Cooperation with public administrations and local rivals seen across the Telefónica footprint.
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Telefónica’s FY19: building a hybrid engine for a juggernaut
Targets on profit and revenue for the year achieved, but Group now guiding for a period of ‘low and slow’ progress on key financial metrics. While financial growth looks hard to come by, Álvarez-Pallete is aiming to create a higher purpose for Telefónica and drive engagement with his transformation ...
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Financial performance: growth peters out for ‘old Telefónica’
Telefónica heralds organic growth in revenue and operating income, but reported figures less glowing with OIBDA and cash flow decline. Enterprise business remains a bright spot for the Group.
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Products & Services
Telefónica España launches alarms JV with Prosegur
Movistar Prosegur Alarmas JV started operations in March 2020. Prosegur becomes minor Telefónica Group shareholder as part of transaction.
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Vodafone leadership awaits COVID-19 diagnosis
Share price nose-dives below £1 for first time since 1997. Impact on financial and strategic plans yet to emerge. OpCos focus on network resilience and employee welfare.
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Strategy & Change
Moody’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 & Change
Everything 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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Deutsche 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.
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Network & Infrastructure
Magenta Telekom quietly sets up own TowerCo
Group coy on plans but move opens up partnership and monetisation opportunities.
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Vodafone’s Q3 FY19–20 management update
Group sneaks another par score but still not really on-form. Call comes too early for coronavirus impact discussion. Focus remains on Read’s drive to minimise Vodafone. Gradual steadying of ship enables another quarter of slim growth. Churn reduction remains the key goal in Vodafone’s chosen battleground of Europe. RoW ...
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Strategy & Change
Vodafone'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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Vodafone to set out stall in SoHo market
Small businesses to be targeted with a diversified product portfolio and an added-value mindset as Vodafone attempts to reinforce the consumer-enterprise divide.
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Vodafone’s Egypt sell-off hits road bump
Vodafone’s plan to sell its majority stake in Vodafone Egypt (VfEg) came up against a road bump
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Eventwatch
Vodafone postpones Arch Summit 2020 on coronavirus fears
Luxembourg get-together moved back to October 2020.
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Strategy & Change
Telefónica 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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O2 Germany heralds start of 5G era, rules in Huawei
O2 Germany sees next decade as a growth phase following years of network build and integration. Outlines plans to start building 5G in five cities during 2020. Huawei and Nokia selected to build the 5G RAN, although the China-based vendor remains a political hot potato in Germany.
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Telefónica continues mast sales in Hispanoamérica
Group following through with plan to monetise infrastructure as new structure beds in.
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Telefónica urges a “new approach” to networks
Group emphasises partnership opportunities and launches new TIP Innovation Lab in Madrid. Telefónica, Tech Mahindra lead CI/CD push to create open networks for rural areas. Group reiterates commitment to invest and partner around OpenRAN development. A strengthened commitment to rural connectivity with NaaS.
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Telefónica IoT lauded by Gartner
Telefónica IoT was named a Leader for the sixth successive year in Gartner’s 2019 Magic Quadrant for IoT Connectivity Services, Worldwide report.