All Strategy & Change articles – Page 66
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PremiumBT Q3 FY21–22: king of a still-wobbly castle
Rational rivals embraced, but warned of “Armageddon scenario”, with Sky current BFF. Mixed results force management to cling to customer satisfaction and market share security blankets. Inflation a bonus for Consumer’s linked pricing. ‘Jam tomorrow’ outlook reiterated.
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Content & TVTelefónica eyeing new industrial partners for Movistar+
Early-stage consideration reportedly underway on partnership that would see Telefónica bring in new investor for domestic pay-TV platform and international production interests. North American Spanish-language media merger may provide template for closer links between platforms and content. Movistar+ rebranding underway to further differentiate service from core offerings.
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PremiumBT Q3 FY21–22 Spend: costs under control
Cost-savings transformation programme continues to earn accolades among management, despite necessary investment in infrastructure. Broader market factors felt.
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PremiumElsewhere in Telefónica Group: Álvarez-Pallete’s “digital slavery” warning
Álvarez-Pallete issues stark warning over “digital slavery”; Group connects to Wi-Fi network.
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Strategy & ChangeVodafone Germany strategic shift forces exec changes
Dimitrova handed Strategy & Transformation remit, with Velthuis brought in to lead Finance. Exiting CTO Mack will not be replaced as OpCo mirrors Group’s split-structure TechCo vision. CEO Ametsreiter seeks transformation focus with fresh-faced executive team.
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Strategy & ChangeVodafone in the market for London real estate
Reports indicate desire for more office space in London alongside Paddington HQ. Growing software engineering team seemingly looking for desks, with Future Ready hybrid-working model rolling out in parallel.
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OperationsStaff start exit as Telefónica redundancies tallied
More than 2,000 applications come in for early retirement. Operator rejected 105 requests
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Network & InfrastructureSubmarine cable vulnerabilities surface
Malicious threats loom, but accidental damage more common. Russian aggression, underwater volcanoes, fishing and anchoring roil subsea cable networks. Difficult to prevent damage, resiliency is best protection.
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M&AVodafone under M&A spotlight in Italy, UK
Group reportedly in consolidation talks with Iliad in Italy. A potential merger with Three UK was also apparently explored. Vodafone keeps head down as rumours swirl. Read keen advocate of European in-market consolidation.
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OperationsStrategic rise of procurement redefines role of the CPO
Complex ecosystems, new technology, sustainability ambitions, and supply chain risk mitigation are driving change in the procurement function. BT Sourced and Vodafone Procurement Company weigh in on how their procurement lives are transforming. Chief procurement officers need new leadership skills to succeed, says study. Ideal procurement professionals are like ...
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PremiumElsewhere in Vodafone Europe: VodafoneZiggo issues €2.1bn in sustainability bonds
Vodafone to lose leadership position in Albanian mobile market; VodafoneZiggo issues sustainability bonds valued at €2.1bn; Vodafone UK scam texts fall by more than two-thirds following installation of SMS firewall.
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Strategy & ChangeTelefónica e-learning unit rehoused to target enterprise
Telefónica Educación Digital moves under Group’s Filiales unit, alongside the likes of the Prosegur Alarmas JV and retail manager Telyco. Reorganisation said to benefit business’s enterprise ambitions. Digital education solutions and services cropping up across Telefónica’s Spanish operation.
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PremiumTelefónica actions inflation-linked pricing
Virgin Media O2 customers to face steepest rise in broadband and mobile prices, but all UK customers will be impacted. 11% price hike in April a necessary part of network investment, VM O2 spokesperson claims.
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OperationsBT and TalkTalk footing the YouView bill as losses mount, Arqiva exits
Latest accounts show the TV platform’s shareholders now down to six, with the two operators keeping the venture afloat. R&D budget remains high at £16m, compared to revenue of just £9m. Telcos remain coy on paying subscribers for their TV services.
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M&AVodacom moves closer to Vodafone Egypt takeover
Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.
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Network & InfrastructureTelefónica’s PangeaCo begins operations in Peru
Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.
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Financial & PerformanceTelefónica issues further €5.5bn in green bonds
ESG remains in the Telefónica spotlight with more refinancing at the Group. Decarbonisation and increased executive diversity the criteria for success. Group edges closer to €10bn total volume ambition.
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PremiumElsewhere in Vodafone Group: Cisco & Vodafone selected as SFHA commercial associates
Vodafone’s M&A chaperone boosts takings; named commercial associate by Scottish Federation of Housing Associations, along with Cisco.
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Strategy & ChangeDT’s Leroy backs Greek digitalisation plans
Head of Europe Dominique Leroy joins the campaign trail to promote Greek investment via OTE minority subsidiary. €3bn full-fibre investment plan in action to support national digital transformation. Bureaucracy remains a sticking point.