Vodafone Financial & Performance – Page 15
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Vodafone’s Q3 FY19–20 management update
Group sneaks another par score but still not really on-form. Call comes too early for coronavirus impact discussion. Focus remains on Read’s drive to minimise Vodafone. Gradual steadying of ship enables another quarter of slim growth. Churn reduction remains the key goal in Vodafone’s chosen battleground of Europe. RoW ...
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Strategy & Change
Vodafone's Read talks up tower power (again)
Germanisation of Vodafone continues with choice of Düsseldorf for TowerCo HQ. CEO continues to push for improved asset utilisation in mobile networks, plus sales opportunities. Sharing developments in Germany, India, Italy, Portugal, and UK.
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Strategy & Change
Vodafone Shared Services gets a facelift for digital era
Self-styled “Intelligent” division nods to shift towards automation and AI.
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Vodafone Idea loses out to Reliance Jio
VfI relinquished wireless subscriber leadership status in November 2019, according to the latest figures from the Telecommunications Regulatory Authority of India (TRAI)
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Vodafone savings not yet impacting African business
Vodafone’s drive to squeeze “industrial savings” out of tower infrastructure in Europe and India does not yet appear to have extended to its African footprint.
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Vodafone Group eyes the next billion (savings, not users)
Strategic taster for 2020s is — predictably — cost-focused. Germany and UK in firing line for €1bn savings push.
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Vodafone Group Q2 FY19-20: growth regained but few cylinders fully firing
Margin growth on repeat. Europe Region and enterprise spluttering. India shunted further from books.
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Vodafone Q2 FY19-20: Europe recovery drags at increasingly Germanic Region
Bulked-up Vodafone Germany now driving more than half of Europe Region cash flow, as other big OpCos’ struggle for form continues. Read’s commercial changes yet to ignite revival in Group’s core region. Drastic Spanish overhaul or exit still on cards. Group still to internalise Europe’s regulatory challenges.
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Vodafone Group Q2 FY19-20: Duo double down on reforms
Leadership reach for scalpel again; new savings plan in pipeline and asset sales remain high on agenda. Debt increase stresses diminishing cash wiggle-room; focus remains on cash flow improvement. Patchy Q2 trends: major OpCos spluttering, but Group inches back into growth.
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Suppliers & SCM
Vodafone Idea rallies the supplier troops
Mavenir, Nokia, Optiva, Red Hat, and TCS engaged via integration plan. CTO reasserts June 2020 deadline for accelerated programme.
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Vodafone Idea condition “critical” after €5bn blow
VfI under enormous financial pressure after DoT court victory. Further rumours of India exit; Vodafone describes them as “baseless”. Added doubts over VfI participation in upcoming spectrum auction.
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RoW-back goes on: retreat overhangs Vodafone's Q2 numbers
One-time bearer of Vodafone’s growth ambitions slowly fading away. Organisation set for major recalibration in 2020. Vodafone’s interest no longer appears to extend beyond Vodacom.
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Vodafone Hutchison Australia axes 150 jobs
Australian joint venture axes call centre jobs, citing 5G rollout costs and regulatory obstacles.
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Suppliers & SCM
Vodafone Group joins IBM push to better manage suppliers
Vodafone part of IBM-led consortium to develop Trust Your Supplier blockchain network. Wilson envisions easier onboarding of smaller suppliers.
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Strategy & Change
Vodacom Group attempting to combat vandalism problem
Each year, as many as 500 of Vodacom’s South African sites are damaged.
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Public Affairs
Vodacom repeats plea for end to spectrum dilly-dallying
SA spectrum stoppage continues to disrupt Vodacom planning. Government digs heels in for mid-2020 decision; dreaded WOAN still alive. VdSA response includes 2G voice network closure.
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Vodafone Idea partners feel squeeze from merger meld
Signs of tech vendor challenges and frustration in converting sales. Broader operator downturn exacerbating difficulties.
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Vodafone UK’s infrastructure partners considering ‘full-fibre’ collaboration
Sands continued to shift in the UK’s fledgling ‘full-fibre’ scene with news of possible resource-pooling by multiple current and prospective Vodafone UK (VfUK) infrastructure partners.
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Vodafone’s Spanish wireline could be next asset on block
Vodafone Spain quietly testing demand for fixed-line infrastructure. Possible follow-up to Orange and Másmóvil fibre-sharing deals.