All Strategy & Change articles – Page 59
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M&A
Telefónica’s Vilá welcomes merger of rivals in ‘fragmented’ Spanish market
Telefónica COO again questions whether Telefónica should now be seen as a dominant player. Vodafone said to be exploring options for its fixed assets in Spain.
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People
“Stability and continuity” key as Al-Saleh extends T-Systems stay
Chief Executive agrees to continue leading the business until at least 2027. Will guide T-Systems through “the next phase” following four-year transitional period.
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Elsewhere in BT Technology: Tarana expects revenue influx
BT FWA partner Tarana predicts bumper year for 2022; BT recognised for 5G innovation.
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BT seeks cloud security to enable native infrastructure
Chief Architect Neil McRae positions security at the fore of cloud-native transformation. Calls on vendors to finally ditch legacy attitudes to security, and the days of “stupid passwords”.
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Elsewhere in BT Group: contractors chosen for refurbs
Constructions crews named for Better Workplace refurb in Belfast and Glasgow.
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Network & Infrastructure
DT committed to high-flying partner despite write-down
HAPS specialist Stratospheric Platforms remains loss making, but DT stays on board. Pilot in Saudi Arabia beamed a 5G signal from a mast 45,000ft in the air.
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Operations
Cost-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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Elsewhere in Systems Solutions: Siemens’ Geolus combined with PDM WebConnector
T-Sys offering customers functionality to search for products based on shape, using Siemens’ software.
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Elsewhere in T-Mobile US: Metro stores launch new broadband offering
TMUS continues experiments with cell tower battery alternatives.
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Telefónica sets vision for rural connectivity
Internet para Todos joint venture inspires regional, rural manifesto. Proposed changes include calls for regulatory change and investment incentives. Lessons learnt in neighbouring markets implemented in IpT’s Peru home.
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Telefónica FY21 Headlines: slow but steady improvement
Group ends M&A- and pandemic-dominated year in forward gear on revenue and earnings. ‘Core’ quad performs solidly. Hispam turnaround progresses. Impairments in Peru and Spain fly below-the-radar. A final wave of infra deals on the way.
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Telefónica FY21 Guidance: growth expected, aided by deal-making
Management indicates gathering levels of confidence. M&A adds are key to recovery goals, however.
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Elsewhere in Telefónica Hispanoamérica: Eco Rating Scheme introduced across markets
Eco Rating system extended to Hispam; Chile preparing for 5G auction; FTTP rival Mundo acquired by DigitalBridge.
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T-Sys extends Spanish hiring spree to Reus centre
T-Systems Iberia to hire 300 employees in Catalan city. Move runs in parallel with expansions in Barcelona and Granada. Spanish unit claims to be experiencing rapid growth and seen as positioning for NextGenerationEU recovery funding opportunities.
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Elsewhere in Deutsche Telekom Europe: Recycling on the agenda
Recycling and green initiatives in Croatia and Poland.
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Telefónica FY21: Group more comfortable with exposure levels
Hispam still not considered ‘core’. However, executives are clearly less concerned by volatility and cash flow drags from cluster of regional OBs. Group indicates deal-making shift from full country exits to infrastructure asset rejigging.
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Elsewhere in UK: Schüler calls for 5G incentives
Schüler calls for more 5G backing; Truphone switches to BT Wholesale; brand campaign launched to drive Volt.
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Elsewhere in Spain: Zoom added to Movistar Home
Movistar Prosegur Alarmas revs customer growth; Living Apps expand with Amazon, Twitter, and Zoom among the newcomers.
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Telefónica establishes solar energy JV with Repsol
Creation of 50:50 JV to take advantage of recent surge in energy prices. New venture will target both domestic and business markets.
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Venturing & Investments
UK’s rebranded BII embarks on new impact investing
British International Investment (BII) embraces broader digital strategy.