All Strategy & Change articles – Page 92
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Financial & PerformanceTelefónica wobbles over 2020 finish line, targets stability
Revenue and OIBDA drop 11% as double-whammy of COVID-19 and currency fluctuations hit. Guidance on cash flow just about achieved, while FY21 focus will be on stabilisation. Dividend reduced by 25% as COVID-19 challenges continue, and 5G auctions loom. Telefónica Infra picking up minority stakes in Group infrastructure as ...
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Partnerships & AlliancesVodafone NZ pivots to improve post-sale performance
Former Vodafone OpCo jumps on CX/digital transformation train in a big way, in bid to raise profitability. Quadruple IT stack legacy of time in Vodafone Group one area of inefficiency to be removed. Two of top team shuffled out amid commercial reset, including long-time Vodafone exec Antony Welton.
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InterviewOpenreach pushes ahead in journey to agile
CTIO Colin Lees discusses three-year transformation project across IT, network, and processes to support FTTP rollout. Independent Openreach Technology division treads in parent’s tech footsteps. Adopts agile development where it can and organises into Tribes and Squads. Data strategy seeks “single source of truth”. Takes pragmatic approach to cloud ...
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M&AVodafone readies cheque for Egyptian fintech players
Vodafone Egypt signs MoU for minority stakes in digital payment players Bee and Masary. New Vodafone Egypt CEO Abdallah seeks to paint deal as part of “promising” strategic investment plan, following Group’s failed exit.
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Strategy & ChangeVodafone CZ confirms strategic talks with ČEZ
Czech OpCo declines to divulge what the talks are about, after a local news report suggests a possible sale of the business is on the table.
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Strategy & ChangeAs past nightmares recede, BT’s Jansen eyes health sector growth
Jansen optimistic on prospect of digital solutions reviving BT fortunes with the NHS. BT recruiting to support its NHS win back activity, as hundreds of millions of pounds are made available for health service IT upgrades, with increased focus on security.
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M&ALiberty CEO puts two-year timeframe on VodafoneZiggo IPO
Fries cautiously tells analysts to watch out for some “activity” at its Dutch JV in the next 24 months. VodafoneZiggo burnishes its IPO credentials with target-busting financials for FY20.
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Strategy & ChangeTelefónica targets SMEs in Spain’s digital recovery plan
Government pours billions into SME digitalisation programme. Telefónica marshals SME portfolio.
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Strategy & ChangeTelefónica Global Solutions looks to trim headcount
Recently bundled wholesale services unit will offer incentivised early retirement to its over-53s, as part of ongoing contract suspension scheme.
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Strategy & ChangeTelefónica closer to firming up commercial reset
New model seen as necessary for digital services era, encompassing changes around skills, incentives, and flexibility. ‘Commercial careers’ agreement has been a long time coming, but unions say more still needs to be done.
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Strategy & ChangeÁlvarez-Pallete gets political as challenges grow
Quiet support for a boardroom coup at Prisa indicates Telefónica’s political muscles as business priorities coincide with larger social challenges. Telefónica supporting government recovery goals, but lobbying for a more favourable investment environment as 5G auction looms. Group emphasising its Europe role as Latin America retreat sees grumbling.
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Strategy & ChangeVodacom’s Joosub dismisses Vodafone Ghana buyout talk
Acquisition of Ghanaian OpCo by Vodacom not under consideration, according to Chief Executive.
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Strategy & ChangeDeutsche Telekom to ‘new-skill’ nearly a third of workforce
VP, Digital Transformation Bruné highlights skill upgrades as fundamental to success, pushing “new-skilling” to top of the Group’s strategic priority list. DT aims for 30% uptake of up-skilling programme by 2024.
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PremiumT-Sys looks to take campus offering to next level
Ericsson relationship expanded to cover markets beyond Germany. Move appears to align with bubbling private network initiatives at Europe and US NatCos.
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PremiumDT’s NGMN tenure collides with first 6G project
Group yet to fully embark on its own 6G agenda.
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Strategy & ChangeElsewhere in Deutsche Telekom Group: collaboration key for "new normal"
Deutsche Telekom kicks off 2021 with more talk of the “new normal”; emphasis on a need for collaboration; and a rise to the top of the brand value charts for European telcos.
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Strategy & ChangeElsewhere in Telekom Deutschland: 5G hits two-thirds of Germans
Cellnex to watch from German tower sidelines. TDE gets Hessen authorities on board for fibre.
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Strategy & ChangeElsewhere in Systems Solutions: Corona-Warn-App hits 25 million downloads
SAP talks up Corona-Warn-App agility as downloads pass 25 million.
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Strategy & ChangeElsewhere in Telefónica Hispanomérica: inclusive digitalisation at the fore
Colombia CEO Hernández calls for inclusive digitisation, while Peru’s Internet para Todos notches another 4G reach milestone.
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Strategy & ChangeElsewhere in Telefónica’s Core Markets: Vivo-Claro deal gets checked
Vivo’s RAN-sharing agreement with Claro gets unwanted attention from CADE amid competition concerns.