It's musical chairs for the CxO's with Luis Alvarez appointment at BT Global Services arguably the biggest news, but we've also seen Mario Rossi named as the new CFO at Swisscom and Telefónica European head José María Álvarez-Pallete promoted to chief operating officer.
There's a common language to the appointments with BT talking of an "important juncture for BT Global Services", Swisscom a "broader push to overhaul the telco's senior management" and
Telefónica looking to create an organisational structure that would be “stable over time and ready to compete internationally”. Fundamentally this reflects telco's looking to better their current performance, but not just in terms of revenues and profits, but also in terms of financial market perception.
This is a key driver for the operators who are constantly looking to reassure the markets and is an area that will be discussed in the Financial Markets session of the Total Telecom Finance Summit. During this session two leaders, Standard & Poor's and Fitch Ratings will offer a credit ratings perspective of how to keep the market onside.
If this is a discussion that matters to you, then make sure you book your place at the Finance Summit before the 21 September to guarantee the best possible price. With participants already confirmed from operators including AT&T, BT Global Services, Cell C, Colt, du, Easynet, Everything Everywhere, Interoute, Orange, Swisscom, Telecom Italia, Telstra Global, Turk Telecom, Verizon, and Virgin Media, you'll be in excellent company! View the delegate list HERE