All Strategy & Change articles – Page 70
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Elsewhere in Vodafone Group: senior telco execs discuss strategy
Vodafone attends get-together on post-pandemic priorities.
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Operations
Telefónica presents redundancy plan to Spanish unions
Union negotiations begin over new phase of headcount reduction. Reports suggest more than 3,000 staff will be offered voluntary redundancy, although eventual job cut total expected to be lower. Move comes amid ongoing competition and inflation concerns.
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Strategy & Change
Vodafone ponders risk of depopulated city centres
Operator flags potential threat from fewer people living and working in cities. Population changes affect network planning and investment returns. Analysts say Vodafone not alone in thinking about potential impact.
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Products & Services
Safaricom to implement advertising on M-PESA platform
Operator hopes to open additional revenue streams for its biggest earner. Parent Vodacom will apply lessons from similar offering with Alipay in South Africa.
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People
Europe B2B head exits as DT targets change
Dominique Leroy’s DT Europe continues to build out its enterprise-focused activities as SVP, B2B Ralf Nejedl announces his departure.
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Elsewhere in Openreach: Ofcom lays down the law
Copper exchange stop-sell progress; Ofcom lays down USO law.
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H1 FY21–22: Openreach enters fibre build phase two
Lonely position as sole BT unit posting positive results for the half year. CEO Clive Selley confident of future return on investment: FTTP rollout moving ahead of expectations; uptake supported by Equinox pricing deal and growing consumer demand.
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Operations
Jansen hopes to get BT on front foot with new HQ
BT’s new HQ opens after more than a year of delays. Jansen aims to remove “hierarchical” business format.
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M&A
Reliance denies interest in acquiring BT stake
BT share price jumps on report that Indian conglomerate eyeing a move for UK incumbent. Reliance quick to dismiss the article as “completely speculative and baseless”, but City still excited.
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Network & Infrastructure
Vodacom secures provisional spectrum as auction wait goes on
ICASA manages to fend off further litigation with new interim spectrum allocations. WOAN licensing timetable is put on hold until next year. Auction now scheduled for March 2022.
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Vodafone joins European telco call for open RAN help
Group signs off on Analysys Mason report recommending that European policymakers financially stimulate the region’s open RAN ecosystem. Report also backed by Deutsche Telekom, Orange, Telecom Italia, and Telefónica. Wibergh says “Europe needs to urgently prioritise open RAN” to avoid slipping further behind Asia and USA.
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Vodafone H1 FY21–22 guidance: on-point numbers prompt upward correction
Group gains confidence from “in line” H1 numbers to raise floors on earnings and cash flow.
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Vodafone H1 FY21–22 spend: capex boost falls silent, opex squeeze paused
Presentation sees no further update on (somewhat contentious) Group plans for a capex lift to fuel digital services growth. Executives moot another exceptional investment boost in Germany, for fibre rollout. Group Finance’s headline opex reduction programme comes to a temporary halt, amid pandemic effects.
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Q2 FY21–22 Headlines: Vodafone growth maintained despite B2B, Spain bumps
Group benefits as COVID-19 drag steadily eases. On positive side, forward movement maintained in Germany and UK, and picture improves in super-competitive Italy. Blotches include an apparent step back in growth at Vodafone Business, despite its star billing, and a return to reverse gear in perennially challenging Spain.
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Elsewhere in BT Enterprise: Shuter boasts RNLI collab
BT recognised for managed services improvements; Shuter boasts of RNLI partnership.
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Q2 FY21–22: Vodafone's Read hypes prospects as M&A talk hots up
Leadership especially bullish on “momentum” and “sustainable growth” after solid Q2 data. Wave of M&A possibilities surround Vodafone only a few months after Group declared portfolio reshaping complete. Report sees Group maintain growth, but with mix of performances across businesses and a glitch on cost-saving progress. Guidance floors raised ...
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Elsewhere in BT Consumer: Plusnet issues persist
More cricket on the schedule; Smart Benefits portfolio bolstered; and Plusnet email issues persist.
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H1 FY21–22: flat figures at BT Consumer do not curb Jansen enthusiasm
Consumer division sees revenue and earnings knock in Q2. Numbers show slow going on multi-play uptake, and star product and service lines being outshone by accessories. Executives remain bullish on the long-term growth promise of convergence, however.
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Suppliers & SCM
Mitie set to cash in on Huawei ban after DAEL buy
FM group indicates it is picking up more business from BT and Vodafone. DAEL Ventures UK brings in ADC capabilities for cell towers.