All Prosegur articles – Page 2
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Strategy & ChangeElsewhere in Telefónica Group: €100m spent on HQ digital refurb
Telefónica splashes out €100m on HQ digital refurb; Prosegur plots LatAm expansion with “ally” Telefónica.
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Partnerships & AlliancesProsegur plots LatAm expansion with “ally” Telefónica
Prosegur outlines plans to copy-paste Movistar Prosegur Alarmas JV model in overlapping LatAm footprint. MPA continues to grow customer base in latest results.
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Venturing & InvestmentsWayra opens wallet for security startup Gabriel
£8.8m total funding raised in Series-A round. Startup eyeing growth opportunities in domestic market and beyond. Telefónica teaming up on the distribution of home security solutions in LatAm.
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Strategy & ChangeElsewhere in Telefónica Core Markets: Prosegur JV ties with Santander
AMC Networks files arbitration claim against Telefónica in Spain; security JV Movistar Prosegur Alarmas ties with Santander.
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PremiumTelefónica’s alarms JV adds new smarts
Commercial efforts have taken a toll on ARPU at Movistar Prosegur Alarmas.
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Financial & PerformanceTelefónica’s alarms JV accelerates sales
Partner Prosegur sees JV outpacing growth of its standalone alarms business. Security group open to alliances in areas where it is not already present.
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Partnerships & AlliancesProsegur extends Telefónica tie-up into Colombia
OB distributing security services in three cities, with aim to strengthen customer retention. Telefónica supporting Prosegur’s LatAm expansion plans, with large growth opportunity anticipated. Collaboration now extends beyond Movistar Prosegur Alarmas JV in Spain.
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Strategy & ChangeMovistar reboots investment unit for expansion
Telefónica’s audio-visual management company Contenidos has been repurposed as Telefónica España Filiales. New unit takes on a broader remit in apparent bid to grow its portfolio, moving away from multimedia focus. Holdings mapped out, with some recent changes.
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Partnerships & AlliancesProsegur wants to take Telefónica JV international
Overlapping LatAm markets being eyed for expanded partnership between Telefónica and connected security partner Prosegur. Movistar Prosegur Alarmas JV said to be maintaining growth in Spain, despite lockdown.
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Strategy & ChangeTelefónica closer to firming up commercial reset
New model seen as necessary for digital services era, encompassing changes around skills, incentives, and flexibility. ‘Commercial careers’ agreement has been a long time coming, but unions say more still needs to be done.
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Partnerships & AlliancesVodafone looks to unlock Spanish home security market
Vodafone Spain looks to mimic Telefónica success with entrance into connected-security market. Strategic agreement with market leader Securitas Direct picks up pieces of latter’s former relationship with incumbent rival. Deal announced after Telefónica and Prosegur’s JV highlights strong customer acquisition since launch earlier in 2020.
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Products & ServicesTelefónica’s alarms JV turns up sales volume
Telefónica’s home security JV in Spain shows signs of customer growth after initial launch was hindered by pandemic.
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Venturing & InvestmentsTelefónica's new alarms JV gets personal with security offer
After a difficult start, Telefónica’s home security JV is developing new services. Launch of personal security offer marks new commercial phase for Movistar Prosegur Alarmas.
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OperationsPandemic stalls Telefónica’s alarm JV launch
Pandemic lockdown said to have effectively wiped out the first quarter’s trading of Movistar Prosegur Alarmas, with crisis management the priority. Despite tough start, MPA customer base forecast to treble within a year.
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PremiumTelefónica Europe people movements, April 2020
O2 Germany poaches VodafoneZiggo’s Network Director.
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Products & ServicesTelefónica España launches alarms JV with Prosegur
Movistar Prosegur Alarmas JV started operations in March 2020. Prosegur becomes minor Telefónica Group shareholder as part of transaction.
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PremiumEuropean Commission slows Telefónica España’s Prosegur acquisition
Telefónica España’s planned acquisition of a 50% stake in Prosegur, the Spanish security alarm business, has slowed ahead of regulatory approval from the European Commission (EC).
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PremiumTelefónica España acquires 50% stake in alarm business
After the abrupt end of its Securitas partnership, Telefónica is again attempting to integrate security services into its connected home strategy. Despite allusions to “smart” solutions, Prosegur currently remains principally a traditional burglar alarm business. Shareholder and partner.
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