All Strategy & Change articles – Page 88
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Partnerships & Alliances
Vodafone NZ goes lean as it splits from Group “mothership”
Former Vodafone OpCo’s new managers say unravelling of legacy IT snarl-up remains a work in progress and “fairly challenging”. “High-performance” business reset expected to deliver big earnings lift in current FY and beyond.
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Q1 FY21–22: Enterprise down but not out
Bad ‘old’ still swamping the ‘new’. Positives in an order book rebound and improved EBITDA. Shuter has a huge task to pivot the division, but clear opportunity for ‘New BT’.
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Q1 FY21–22: Global retains Jansen’s support in adversity
Digging beneath the barrel to find positives in Q1. Jansen a true believer who sees Global keeping pace with peers, buffeted by forces beyond its control, and well placed along with Enterprise to boost BT when corporate and public sector business bounces back.
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Q1 FY21–22: Openreach shines again
It just looks so easy to upgrade and migrate the nation to fibre and IP while keeping a pack of massively funded jackals at bay. Even the odd slip looks like a sign of inherent strength. All key KPIs improving … and Gfast, too.
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Qualitest expands 5G testing role
5G network expansion provides further opportunity to increase remit of software testing company Qualitest.
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Strategy & Change
Elsewhere in Openreach; expanded FTTP rollout
Openreach expands FTTP rollout, and expands cablelaying contracts to support the plans.
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Telefónica claims inflection point as structure shifts
Despite changing perimeters and restatements making a clear view difficult, organic growth across the business offers promise. Guidance improved on positive first half for revenue and profit, but operating cash flow is retreating compared with FY22 goals. Net debt coming down after disposals and restructuring, and Latin American loans ...
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Strategy & Change
Movistar shares football rights with challenger Orange
Orange takes up alternative broadcaster title with La Liga and UEFA tournament showings in Spain. Movistar pockets an estimated €350m from the deal.
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Elsewhere in BT Group: BT Sourced’s new home
Better Workplace marches on; BT Sourced finds a home.
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Elsewhere in BT Technology: BT taps iTrinegy
BT taps iTrinegy expertise for vRAN R&D; McRae sees optical future.
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Elsewhere in BT Consumer: BT Sport picks up rights
Consumer unit enhancing support for, and engagement with, vulnerable customers; BT Sport picks up topflight rights.
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Elsewhere in BT Global: expanded Box partnership
Global opens fresh Box partnership; delivers Google managed security services.
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Strategy & Change
Telefónica shutters Innovación Alpha in slimdown
Group continues tidy-up of innovation engines, with wound-down Alpha finally put to rest. Final steps confirm 2020 indications that Alpha Health’s spinoff as Koa Health sounded a death knell.
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Q2/H1 FY21: Abasolo hails revitalised Hispam
15-quarter streak of negative headline reported figures broken. Buoyant management considers new asset-light operating model can prove longterm value of the regional OBs to the Group. Contract mobility and fibre broadband positioned as central to commercial turnaround.
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M&A
TPG puts feelers out for TowerCo deal
Australian JV conducting “preliminary market assessment” ahead of possible spin-off. Scope of monetisation would be limited by operator’s low level of site ownership. Competitors have already made moves.
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Telefónica Innovation & Venturing Roundup: Open Future expands footprint
Open Future expands footprint in Spain and launches a call in Argentina; recent Wayra investments come good with VM O2 retail pilot and Movistar distribution deal.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Mistral goes live
Mistral goes live; Telefónica Tech gets sporty.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: Peruvian regulatory headaches
CAF gives Telefónica relationship a ‘new normal’ reset; Peruvian regulatory headaches persist, as Telefónica’s fines mount and OB questions payTV clampdown.
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Strategy & Change
Elsewhere in Telefónica Group: Álvarez-Pallete blasts regulatory framework
Álvarez-Pallete blasts “outdated” European regulations.
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Strategy & Change
Elsewhere in Telefónica Core Markets: German 5G rollout update
German OB advances 5G rollout; customer rewards scheme launched in Spain after successful trial; VM O2 reinforcing green credentials.