All Strategy & Change articles – Page 44
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BT Q3 FY22–23 headlines: big picture positives, details remain devilish
Q3 seen to support BT’s upward trend, building towards an overall good FY defined by major strategic moves.
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M&A
Brazil’s Vivo sees fibre M&A possibilities hotting up
Operator open to being active deal-maker in market that “needs to be consolidated”, says CEO.
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3G: Vodafone’s legacy network shutdown gains pace in Europe
Vodafone OpCos in Greece, Ireland, and the UK initiate phased 3G blackouts as Group progresses towards network shutdowns.
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Telefónica proceeds serenely as Spain’s fibre scene braces for consolidation fallout
The reported suspension of a €1bn Spanish fibre access merger over financing difficulties sparked speculation that the crowded market may struggle with future funding.
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Orange questions sell off of Europe’s ‘critical’ infra
CEO Christel Heydemann wants to keep hold of tower business TOTEM, citing strategic and political concerns around majority sales of infrastructure assets.
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Vi grapples with losses, debt after equity conversion completes
Indian government now owns about 33% of JV.
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Vodafone sliced up again: Liberty piles pressure on UK group by taking 5% stake
Liberty CEO Mike Fries describes purchase of Vodafone shares as “opportunistic”.
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T-Mobile’s Neville Ray exits, networks chief to fill tech gap
Ray to depart in the autumn after heading 5G expansion strategy, Sprint integration, and “layer cake” spectrum approach at the Un-Carrier.
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Safaricom, Vodacom drop more cash into Ethiopian kitty
Share issue by parent vehicle opens up more funds for Safaricom Telecommunications Ethiopia’s startup rollout
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Fern’s band of UK local altnets being packaged into ‘national’ fibre challenger; branding TBC
Top-ten fibre altnet investor plots nationwide wholesale access network to eke out spot in competitive market, with support from (aspirational) CityFibre, Openreach partnerships.
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Wibergh joins network-multiplier Cohere as board adviser, in latest post-Vodafone sinecure
Wibergh presents Cohere’s MU-MIMO software as a “game changer”.
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Telefónica’s thriving physical security JV poaches replacement CEO from rival — market rumour
Security plays central role in Telefónica’s revenue diversification strategy, with Movistar Prosegur Alarmas partner Prosegur eager for further in-country tie-ups.
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Vendor Voice
Pega: Bridging the Digital Skills Gap Faster with Low-Code
Operators are correctly pursuing digitalisation strategies, but continued siloing risks customers becoming “stuck” between teams or channels, warns Pega.
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Ofcom to review Openreach price tactics — as controversial Equinox 2 provisionally cleared
Regulator minded to permit Openreach’s Equinox 2 upgrade to its incentivised wholesale pricing strategy for SPs, which is ostensibly intended to accelerate fibre adoption and copper shutdown.
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Partnerships & Alliances
DT’s German fibre JV eyes new partners in 2023; lauds open access model
CEO Ralf Greßelmeyer hails benefits of open access approach.
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People
Vantage Towers: CEO Badrinath scarpers as Vodafone TowerCo charts KKR-fuelled ‘next phase’
Vivek Badrinath, three-year founding CEO at Vantage, unexpectedly leaving by the end of year to head back to family in France. Exit comes amid change of ownership (and, likely, reset), as Vodafone cedes control of European TowerCo to private equity.
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UK altnet Trooli hires restructuring guru as sale talk resurfaces
Kent-based fibre challenger adds former EY Restructuring Partner David Duggins to Board as talk of an equity sale resurfaces.
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People
Safaricom installs KCB’s Waititu as fintech lead
Operator brings in Esther Waititu as Chief Financial Services Officer.
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Vodafone: EMS “slows everything down” in 5G cloud network; calls on vendors to fix
Operator network consultant says typical Element Management System is a blocker to OSS automation.
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Financial & Performance
Q3 FY22–23: no frills at BT, but fireworks to come before the year’s up
BT’s Q3 reflects a troubled three months of inflationary pressures, union challenge, and heightened competition.