Spain – Page 29
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Public Affairs
CNMC pledges post-merger review of Telefónica regulations
Proposed merger of Orange with MÁSMÓVIL would create largest player by subscribers. CNMC President will seek to balance obligations of telcos with those of digital platforms. Regulator reports on football rights contracts are being ignored.
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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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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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Network & Infrastructure
Vodafone continues 5G drive with German standalone launch
Vodafone Germany first to launch SA network in country. Claims more than ten million customers can already access services from home. Partners with DAZN to test 5G mobile streaming of the German Bundesliga. Moves continue notable European 5G ramp-up for Vodafone in 2022.
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Operations
DT outlines ‘digital experts’ upskill target
2021 Annual Report sets 17% digital workforce target within three years. Places emphasis on in-house digital upskilling; recruiting outside digital talent seen as “challenging”. Overall FTE headcount drops 4% year-on-year, but Group still manages to hire more than 8,000 employees outside the USA with focus on IT and technical ...
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M&A
Vivendi head sees Telefónica–Prisa “synergies” as acquisition rumours continue
Arnaud de Puyfontaine wants strategy alignment with “common vision”. Local reports claim Spanish Prime Minister Pedro Sánchez “does not look favourably” on potential Vivendi involvement with Telefónica. Atresmedia also in the frame as part of convoluted acquisition scene in Spain.
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M&A
Former Telefónica business Atento seeks sale — reports
LatAm contact centre operator hires Goldman Sachs to advise on options, with sale on the table, according to Bloomberg. Telefónica partner and former subsidiary sees share price spike on news.
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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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M&A
Vodafone Spain faces new challenge as MÁSMÓVIL turns to Orange
Planned JV would become biggest mobile operator in Spain with more than 20 million subscribers. Vodafone left with fewer options in Spain as two nearest rivals join forces.
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Content & TV
Movistar Plus+ lays out international content distribution strategy
Movistar Plus+ Internacional division established to drive original, Spanish-language productions in overseas markets. Buendía Estudios and Sony executive Valenzuela installed to lead the unit. Content partnerships prioritised, with distribution brought closer in-house.
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Premium
Elsewhere in Vodafone Europe: Spain overtakes Orange in retail
Spanish OpCo reclaims second spot from Orange in retail sector.
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Financial & Performance
Movistar Prosegur Alarmas revs customer growth
Telefónica’s home security joint venture partner Prosegur pleased with performance and value created from MPA in Spain. Good start for Telefónica partnership in Colombia, as Prosegur looks to replicate Spanish JV model in Latin America.
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People
Vodafone Spain names new Digital Director
Esther Colmenarejo replaces Bosco Aranguren, who leaves to head DAZN’s Spanish operations. Appointment continues management revamp at challenged Spanish unit.
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Premium
M&A? We’re on it, insists Vodafone CEO
Activist investor Cevian Capital reportedly wants Vodafone management to push harder on in-market consolidation. Read reiterates claim that “pragmatic” and “open-minded” M&A has always been the plan under his watch, with returns-focused deals in Italy, Portugal, Spain, and the UK in the crosshairs. Vodafone knocks back Iliad bid for ...
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Products & Services
Telefónica ponders crypto payment integration
Spanish operator will not be a “mere spectator” on Web 3 and cryptocurrencies, with possibility of accepting token-based payments considered. Chief Digital Officer Chema Alonso describes Group “reflections” on potential role of the operator in decentralised technology developments.
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Operations
Vodafone pushes sustainability with IoT farming pilot
MyFarmWeb platform being trialled in Germany, Ireland, Italy, and Spain. Move extends Group’s growing focus on agriculture vertical.
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Network & Infrastructure
Vodafone Spain ups its 5G and open RAN game
Spanish OpCo puts 700MHz spectrum into action to expand 5G coverage. Launches fibre alternative with 5G fixed-wireless access service. Advances open RAN with the country’s first call and an additional test lab.
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Premium
Vodafone breaks ground at Málaga R&D hub
European research centre launched in Spain, with a second set for Germany later in 2022. Open RAN architecture development the focus initially, with other emerging and established technologies next in incremental expansion. Local hubs to provide services for “global” enterprise and public sector customers.
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People
Telefónica alumnus tapped for state’s expanded Indra interest
Communications director Sergio Sánchez reportedly added to board at former Telefónica investment Indra Sistemas. News follows a 10% increase in the Spanish government’s shareholding in the company and adds to apparent power struggle in the boardroom.
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Financial & Performance
Telefónica’s FY21 comms decrypted: anticipating a new, asset-light dawn
Solid organic performance fuels management confidence in Telefónica’s ability to maintain growth and regain traditional swagger. New Spain and UK FibreCos to round off Group infrastructure monetisation programme. Near-term growth may still be dependent on inorganic activity in Brazil and JV success in UK.