All Vodafone Group articles – Page 8
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Weekly Briefings
Vodafonewatch Weekly: African infra in spotlight, Spanish retreat complete
Latest from Vodafone and its partners and interests as Spanish exit completes, Shared Ops leadership adjusted, and climate plans pushed back. In Africa, infra-sharing is on the cards, but Vodacom’s in-progress South African fibre deal faces backlash…
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Network & Infrastructure
Vodacom sues regulator and MTN over alleged improper spectrum sharing
Suspicions on MTN’s perceived overperformance in Ookla testing prompted Vodacom to investigate its rival’s spectrum practices, and allege malpractice in new court filings.
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People
Vodafone Peoplewatch: Shared Ops overhaul prompts further procurement shuffle
30+ senior/strategic appointments across Vodafone Group worldwide, including: knock-on effects of ongoing Shared Operations restructure; BizDev leader Philippe Vogeleer’s departure; and new CFO at Vodafone Investments. Vodafone Germany turns attention to Broadband & Entertainment, while Business makes regional changes across Europe. Plus lots more on product and finance fronts, and in Africa, Europe, and Group HQ…
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Network & Infrastructure
Safaricom Ethiopia sources locally made towers for network rollout
Safaricom Telecommunications Ethiopia hailed a “new era” for the country’s telecom sector as it prepares to install the first homegrown towers that come with same quality but lower price than imported equivalents.
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Strategy & Change
Vodafone clarifies climate ambitions, pushes net zero back five years
With the publication of its first Climate Transmission Plan, Vodafone delivers more concrete information on the Group’s decarbonisation plans and expectations, but downgrades an ambition to reach Scope 1&2 net zero.
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Products & Services
Vodafone’s TOBi chatbot gets a generative AI makeover from Microsoft
Vodafone reveals early progress with applying GenAI to advance customer experience transformation as part of strategic tie-up with Microsoft.
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Weekly Briefings
Vodafonewatch Weekly: nip and tuck all part of the plan, as CEO evinces optimism
In-depth analysis of FY23−24 results as Margherita Della Valle attempts to paint rosy picture of shrinking Group. Storm still to come in Germany, but Spanish exit secured, and confidence around UK merger prospects. Significant developments across (re-shaped) footprint include: changing leadership; strategic partnerships; and an M-PESA spin-off update…
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Financial & Performance
Vodafone FY23−24 Highlights: foundation stones in place, growth ‘in our hands’
After taking a sledgehammer to the Group’s European footprint; initiating a shared services, Germany, and CX overhaul; and working to establish an ROCE-mindset, CEO Margherita Della Valle says the year represents a good start to her mandate. More to be done, of course, and much of this FY was spent laying foundation stones, but slimmed-down Vodafone intends to leverage agility to scale in fewer, ‘better’ markets, underpinned by a revamped commercial model…
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Financial & Performance
Vodafone FY23−24 In-depth: re-shaped Group smaller but ‘stronger’
Changing footprint makes for some massive cuts to revenue, but what is left of the Group manages growth on organic terms.
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Financial & Performance
Vodafone FY23−24 Spend: UK drops to bronze as Africa becomes runner-up
An inflated Africa group, now including Vodafone Egypt, tips the capex allocation balance as Germany retains the lion’s share and Turkey takes the place of Italy and Spain.
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Financial & Performance
Vodafone FY23−24 Guidance: muted optimism extends to forecasts
CEO Della Valle continued a trend of paring back and tempering expectations in uninspiring guidance figures.
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Financial & Performance
Vodafone fades as Vi 2.0 resets finances to drive India network comeback
Vodafone passive, lets stake plummet, as Indian JV financially engineering 4G/5G comeback. Work in progress, with $20bn+ debt, and further government lifeline and bank borrowing on horizon. Read more…
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Network & Infrastructure
Spanish telco trio to share spectrum on rural 5G rollout: report
MásOrange, Telefónica, and Vodafone reportedly planning to pool spectrum assets for UNICO-5G Redes Activas initiative. Suggested move holds potential to reduce costs of meeting government rural coverage targets.
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People
VodafoneZiggo appoints Sky’s van Rooyen as new CEO
Stephen van Rooyen named CEO at Vodafone−Liberty joint venture, set to join in September.
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Financial & Performance
Gains-hungry DT gives German business a fresh fibre sales goal
Telco’s home market business looking to break through upselling obstacles and add 450,000 new homes to FTTH plans by the end of 2024.
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Financial & Performance
Vodafone CEO: “No remedies needed” for UK merger
FY23–24: Some done and more to come in Group CEO Margherita Della Valle’s reshaping of the European footprint. With approval for Spain sale, M&A focus turns to completing Italy and UK deals — with the latter looking likely to cause headaches despite the CEO’s optimism…
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M&A
Vodafone earns regulatory go-ahead for Spanish retreat
Vodafone Spain sale to Zegona Communications to complete by the end of the month, with share buyback programme already underway.
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Financial & Performance
Vodafone Germany to lose half of TV customer base as new tenant laws take effect
Vodafone’s largest and last standalone European market braces for a slump in performance this year while revamping operations in an attempt to revive growth. Tenant bundling law change set to accelerate longer term trend of customer losses at misfiring major OpCo.
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Financial & Performance
Vodafone CFO open to another Vantage Towers sell-down
Luka Mucic uses Group’s FY23−24 earnings call to tease further Vantage Towers sell-down, pitching TowerCo disposal as evidence of value-creating potential for new Vodafone Investments division. Exposure has been reduced in India, while VodafoneZiggo will stay in the family…
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Network & Infrastructure
German operators respond cautiously to BNetzA’s proposed spectrum auction compromise
Three existing MNOs, which have been loudly complaining over spectrum access cost burden, would pay just under €600m for five-year rights extension under new BNetzA proposals.