Infra-Tech – Page 11
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M&A
Telefónica receives bids for minority stake in Spanish rural FibreCo
Spanish media suggests either 45% or 49% is up for grabs.
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Operations
Telefónica Tech unveils digital operations hub at Madrid HQ
New Digital Operations Centre forms part of the Group’s Innovation and Talent Hub transformation strategy.
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Network & Infrastructure
Vantage gains build wiggle room with Vodafone deal change
TowerCo builds production speed and “optionality” by securing licence to outsource part of its site expansion work for Vodafone Germany.
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Financial & Performance
Q1 FY22: Telefónica facing challenges with a spring in its step
Strong start to FY22 saw cross-examination on prospect of a quick upgrade on guidance for the year. VM O2 the odd one out as three of Telefónica’s core markets show strengthening operational performance and clear vision for market evolution. Telefónica Tech building momentum, but strategy of buying short-term growth ...
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M&A
Telefónica Tech acquires German data services player
Deal for data analysis outfit completed in transaction worth up to €350m.
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Innovation (R&D)
Telefónica taps IDEMIA for quantum-secured SIM pilot
Quantum-safe 5G SIM proof-of-concept showcased for Telefónica’s Spanish customers. Partnership set to expand to consumer eSIM offerings. Operator aims to stay ahead of quantum cyberthreat curve.
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Venturing & Investments
Wayra invests in ‘Spanish Google Drive’
Cloud storage provider Internxt receives cash injection in new funding round. Security-focused business hopes to grow “even faster” with newfound support.
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Venturing & Investments
Telefónica takes stake in deep-tech investment fund
Leadwind, launched between Telefónica and K Fund last year, raises €140m in first closing. Telefónica named largest private backer, with Spanish government’s innovation fund among public support.
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Premium
Telefónica people moves: advisory swaps at Tech
Telefónica Tech adds Jaime Bergel and Eva Fernández to its Advisory Board, taking membership to 14. New operations lead added to Technology functions in Brazil and Germany. Jaime Smith Basterra replaces long-serving Telefónica non-executive Peter Erskine on the O2 Germany Supervisory Board. VM O2 commits to establishing a FinOps ...
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Operations
Vivo refocuses M&A strategy with CVC launch
Vivo Ventures expected to become one of the largest CVCs in Brazil. Plans to invest BRL 320m across a number of startups over the next five years.
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Premium
Telefónica Innovation & Venturing Roundup: Open Future & Wayra on the lookout
Open Future and Wayra launch fresh startup calls; smart port developments in Valencia; co-investments promised in Spanish sports-tech.
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Strategy & Change
Telefónica’s Cerdán eyes M&A in Brazil, Germany
Telefónica Tech will also look at moving into markets outside Group footprint. Tech division now has about 4,000 employees. CEO downplays 2019 aims, but highlights unit’s double-digit revenue growth in 2021. No open processes on potential sale of minority stake in division to a financial investor.
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Premium
Elsewhere in Telefónica Infra-Tech: AI tech released for Drones
Telefónica Tech homes in on drones’ development; ties with Éxxita Be Circular to establish European Green Tech Passport for electronic equipment.
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Premium
Rural network spin-off plan revived
New FibreCo to hit the ground running with contribution of existing customers and infrastructure. COO alludes to desire to ‘trigger consolidation’ of altnet fibre space. Spanish FibreCo to have a regional focus, with a nationwide InfraCo ruled out. Search now underway for investors to take a minority stake in ...
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Network & Infrastructure
Telefónica puts price on Spanish FibreCo — reports
Group appoints AZ Capital and BBVA to support stake sale in rural fibre business. Pension and private equity funds among prospective buyers.
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Public Affairs
Álvarez-Pallete lambasts regulators for being stuck in the past
If WhatsApp et al are not regulated, then neither should Telefónica, he says. Álvarez-Pallete accuses Spanish regulator of dragging its feet over reforms.
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M&A
Telefónica Tech boosts Microsoft partnership with Incremental acquisition
Incremental Group to be integrated into Telefónica Tech UK&I. £175m fee dependent on future performance. Acquisition sees Telefónica Tech UK&I become one of Microsoft’s largest partners in the UK.
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Premium
Telefónica people moves: VM O2 signings target cultural transformation
VM O2 gives Culture Transformation titles to Brian Høi and Julie Sofie Thomsen, while Digital domain gets new People Director. Group-wide IT and networks procurement swaps. Integrated Telefónica Tech UK&I cements healthcare focus with new account director. Vivo names IT directors for Operations and Cloud & Infrastructure leadership. Data ...
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Venturing & Investments
Wayra teams with Iker Casillas on sports tech investment
Telefónica hub enters collaborative venturing partnership with SportBoost targeting sporting innovation. Wayra seeks stake in sports technology future and offers financing, networking, and business development in return.
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Innovation (R&D)
Telefónica builds up metaverse momentum
Wayra unit seeks metaverse technology startups via Open2metaverse initiative. Spanish developers to get access to hub established in collaboration with Meta. Telefónica appoints Yaiza Rubio Viñuela as Chief Metaverse Officer.