All TelcoTitans Industry Content articles – Page 139
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PeopleEx-Vodafone exec to lead Etisalat International
Mikhail Gerchuk takes charge of Etisalat’s international division. Joins Hatem Dowidar, Etisalat Group CEO and fellow Vodafone alumnus.
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OperationsINWIT targets faster growth with management reshuffle
New Technology and Operations department created, headed temporarily by CEO Giovani Ferigo. Ferigo will relinquish the role once a CTO is appointed, expected “shortly”. Senior tech executives Massimo Giuseppe Scapini and Elisa Patrizi pushed out.
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CorporateDT under fire over proposed Höttges pay hike
DT CEO said to be in line for maximum annual compensation of €9.1m. Frank Appel and DT’s US chiefs earned more than Höttges in 2020.
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Financial & PerformanceVodafone’s Q3 deciphered: glad-handing activists; German misfire; IoT, Africa fintech blossom
Management seeks to seize back agenda amid growing City pressure for urgency on asset sales. CEO Nick Read assures Group will be “proactive” in finding returns-focused deals. German user experience misstep takes gloss off solid set of numbers. Price rises planned across Europe, in response to rising costs.
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InterviewOpenUK explores Gaia-X data model
Open technology advocacy group wants to keep UK engaged with Europe on developing federated data models.
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Public AffairsOTE handed €9m fine for data protection failings
Greek operator deemed to have infringed on GDPR law in 2020 data leak. Fines handed to Cosmote mobile operator and OTE Group parent.
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PeopleOpenreach’s McTighe ‘steps away’ from Ofcom chair search
Mike McTighe, Openreach Chairman, reportedly withdraws from the search for an Ofcom chair. Now nearly two years in the making, the process is yet to find a clear frontrunner despite a number of names floated. Ex-BBC supremo Michael Grade is the latest hat in the ring.
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Financial & PerformanceVantage tweaks schedule after ‘annoying’ builder delays
TowerCo’s build-to-suit programme hit by labour and material supply crunch. Management responds with move to simplify supply and logistics. Execs assure headline operational and financial goals remain in reach.
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Network & InfrastructureVM O2 seeks partners for £1bn fibre rollout
Telefónica and Liberty Global said to be contacting investors soon. Move would underpin aim to turn JV into “national fixed–mobile champion” to rival BT. Reports say VM O2 wants to bring fibre to seven million extra homes.
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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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PeopleTelefónica’s Álvarez-Pallete elected to GSMA top spot
Group Executive Chairman takes to the helm, replacing Orange’s Stéphane Richard. “Strategic direction” under Álvarez-Pallete’s oversight for two-year tenure.
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M&ARegulator approves Oi sale
Decision confirmed, subject to conditions, after Brazilian regulator Anatel postponed ruling last week. A board member had asked for additional time to review sale to a consortium featuring Telefónica|Vivo, Claro Brasil, and TIM Brasil. Final approval still required from competition authority CADE.
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Financial & PerformanceVodafone under pressure from activist investor to boost shareholder returns
Bloomberg reports Cevian Capital has built up stake in Vodafone. Unnamed sources say Swedish investment firm putting pressure on Read and management team to move more aggressively on M&A. Accuses Vodafone board of lacking experience and strategic know-how in telecoms. Vodafone share price gets bounce after news breaks of ...
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Suppliers & SCMBT partner Versed AI on swerving supply chain strife
With volatility biting businesses, University of Cambridge spinout attracts investment from range of backers with interests in sourcing sustainability and transparency, including fund linked to eBay creator Pierre Omidyar.
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Public AffairsSafaricom staff caught in police “trap” after data fraud
Court hearing details how two Safaricom employees were caught attempting to sell subscriber data. Operator commits to fraud reduction initiatives.
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Network & InfrastructureVantage eyes €1bn EU fund for 5G roads and railways
TowerCo gets its motor running to head out on the 5G highway. Pursues EU-funded 5G Corridor projects. European Commission targets 5G coverage on all transport routes by 2025 and allocates €1bn for cross-border network projects.
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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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Products & ServicesDT closes cloud gaming play after less than two years
MagentaGaming closing due to poor take-up. Streaming partner RemoteMyApp acquired by Intel. Service was not available on Apple iOS mobile devices.
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Content & TVVodafoneZiggo, KPN vie for F1 pole position
Vodafone JV wheels out four-month discount for Viaplay, a streaming platform with F1 broadcasting rights. Rival KPN lifts flag on free twelve-month deal to entice new customers. F1 and ‘Max Verstappen factor’ seen as big lure for Dutch pay-TV subscribers.