Vodafone aims to bolster its shared operations with Accenture’s expertise, creating a strategic alliance that places emphasis on growth, customer service, and efficiency. Key investments into Vodafone’s in-house IT and networking unit “Vodafone Intelligent Solutions” (VOIS) will leverage Accenture’s proficiency in digital solutions and artificial intelligence. The partnership remains dependent on forthcoming definitive agreements, with hopes of conclusion by Spring next year.
After a challenging negotiation period, TPG Telecom’s endeavour to sell a range of assets to Vocus has reached an impasse. The stumbling block largely revolves around the valuation of the diverse telecom assets. TPG, however, intimates interest in reviving talks at a smaller scale, bearing interest from strategic investors in mind.
Taking the spotlight in the telecom industry is the revolutionary digital operations framework, a strategic game-changer, that aligns and simplifies Quality and Maintenance aspects of IOH via a cutting-edge converged data platform. This invention notably allows those with minimal coding exposure to develop essential digital resources, paving the way to an automated potential. Besides bolstering operative efficiency and competitive edge, it also gives the industry the tools needed to navigate the digital age challenges effectively.
As the digital revolution persists, Communication Service Providers (CSPs) are redefining traditional revenue streams, with data monetisation being key to their success. CSPs have transitioned from solely facilitating connectivity to enabling fascinating digital technologies. They’re effectively tapping into the vast quantities of data from their networks to drive valuable insights. For instance, Vodafone Portugal, aided by Celfocus, successfully converted raw data into significant insights to improve operational effectiveness.
The FCC is poised to address digital equity, introducing measures aimed at eliminating any biased broadband service access. However, controversy surrounds these new regulations, with critics framing them as an invasive expansion of FCC control. Intriguing dialogue likely awaits in their upcoming November meeting.
Telefonica embarks on a bold plan to revitalize its cash flow and revenues. In a strategy termed ‘GPS’, it plans to amplify free cash flow generation, while also targeting significant growth in various sectors like retail and digital services. Interestingly, the plan marries stringent financial targets with the crucial aspect of digital transformation – an ambitious endeavor that could redefine the company’s standing moving forward.
The Global Coalition on Telecommunications (GCOT), launched by the UK, Australia, Canada, Japan, and the US, intends to revolutionize telecommunications through joint R&D, funding alignments, and standard development. Offering insights into the initiative’s broad scope, TMT partner Julian Cunningham-Day highlights the coalition’s focus on supply chain diversification and market competition through Open RAN. Despite the promising advantages, potential vulnerabilities may arise from industry-wide open standards. Additonally, GCOT’s emphasis on yet to be realized 6G technology signals its proactive stance towards future complexities.
Taking bold steps towards combatting climate change, Japan’s leading telecom firm, NTT DoCoMo, unveils ambitious initiatives looking to drastically cut its scope 3 emissions. These indirect emissions derive largely from the supply chain, making up approximately four-fifths of the company’s total greenhouse gas output. Taking the bull by the horns, DoCoMo is charting an eco-conscious path, pledging to fully utilize renewable energy sources and implement energy-saving measures across its network. With an eye on the future, the telecom titan plans to transform its supply chain to become environmentally friendly by 2040, all while leveraging technology to help suppliers and customers visualize their carbon footprint. As the telecommunications industry continues to battle climate change, stay tuned for further updates.
A recent survey found that 85% of broadband and mobile consumers find annual price hikes unjust, adding the frustration that 87% believe they should be able to switch providers without penalty if such increases occur mid-contract. However, the reality presented by providers paints a different picture. These unexpected cost changes and fear of penalties for ending contracts prematurely have driven 62% of surveyed participants to consider switching providers immediately after unexpected price increases. This trend prompted a response from Ofcom for clearer pricing transparency, a call further championed by Uswitch and Which?. This has led to new guidelines by the UK’s Committees of Advertising Practice, aiming to ensure providers fully disclose potential cost changes to customers.
After the whopping $6.2 billion acquisition by Inmarsat, Viasat is readying for a major reorganization, with a planned 10% workforce reduction. The move, affecting approximately 800 roles, aims for a substantial year-on-year cost-saving starting from 2025. Despite the promising financial outlook, the firm accepts the substantial costs linked with these transitions, yet considers them a vital investment for the future.
