Spain – Page 31
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Network & InfrastructureGroup to sell Spanish copper amid infrastructure tidy-up
Cinco Días report claims private equity firm Macquarie will take over sections of legacy infrastructure from Spanish incumbent, boosting its network assets in the country. Telefónica’s focus remains on hitting a 2025 target for completing its fibre network. While Macquarie comes in, KKR exits Telxius as Telefónica and Pontegadea ...
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PremiumElsewhere in Spain: Telefónica landed with RTVE funding bill
RTVE funding still billed to Telefónica and co.; LeasePlan and Microsoft tie-ups.
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PremiumTelefónica goes to market with enterprise 5G
Spanish 5G standalone network to be deployed in 2022. Three enterprise connectivity options to be available, including Private Dedicated 5G. Galicia emerges as most prolific region for 5G use-cases.
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PremiumEricsson benefits from Huawei 5GC fade-out in Spain
Telefónica España reportedly awards contract to Swedish supplier for 5G core. Huawei gear apparently to be replaced, although unclear the extent of Ericsson’s installation. More than 50% of Ericsson R&D on 5GC done in Madrid.
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Network & InfrastructureCNMC backs Telefónica on ‘irregular’ duct occupation
New rules will see Telefónica able to cut off operators that install cables without permission. CNMC employs MARCo regulation to draw up three new procedures.
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PremiumTelefónica gets union backing for staff redundancy plan
Unions accept latest redundancy and payments offer as operator seeks to slim Spanish workforce once again. Group offers a higher pay increase of 1.5% for 2023 and extended eligibility criteria for long-term employees. Move adds to similar, smaller plans at rivals Orange and Vodafone as Telefónica’s home market faces ...
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Strategy & ChangeTelefónica offers redundancy plan to almost 3,000 staff
Unions still not satisfied with latest redundancy offer. Group offers a higher pay increase of 1.5% for 2023.
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Public AffairsEricsson loses latest skirmish in Telefónica Avatar saga
Ericsson blocked from unilaterally changing working conditions for employees transferred from Telefónica in 2010 in conjunction with the AltamirA platform acquisition. A renewed deal linked to the platform removes Telefónica’s minimum spend commitment.
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Partnerships & AlliancesTelefonica targets health sector as digitalisation laggard
Healthcare sector viewed as an area with great digital potential, and slow take-up to date, with Telefónica focused on a collaborative approach. Across all sectors, innovation strategy remains focused on building not only networks, but platforms on top of them that will enable the Group to create new revenue ...
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PeopleTelefónica reshapes board of directors
Group cuts board seats from 17 to 15, with representation from shareholders BBVA and CaixaBank halved. Ignacio Moreno and Jordi Gual to instead shift to roles at Telefónica España and Brazil’s Vivo.
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Content & TVMovistar, DAZN secure five-year La Liga deals
La Liga generates €4.95bn in revenue from new round of concessions. Movistar’s controversial agreement on hold ahead of talks between Telefónica and regulator CNMC.
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PremiumTelefónica people moves: wholesale lead named at VM O2
VM O2 appoints Diego Tedesco to lead its Fixed Wholesale business in challenge to incumbent Openreach. SME-focused team also filled in at newly-merged UK operator, with appointments in marketing, products, and sales. Telefónica Tech draws in new faces from across the Group footprint.
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Strategy & ChangeVodafone Spain cuts 33 fewer jobs than expected
Spanish OpCo said to have made 53 people redundant. 34 retail stores now being operated by external partners. Telefónica signals maximum jobs affected by early-retirement plan is now 2,753.
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PeopleMovistar Money JV rejigs leadership
Lending JV Telefónica Consumer Finance reshuffles board, with changes aligned to adjustments by Group and co-parent CaixaBank. Telefónica’s María Jesús Almazor swapped for Oscar Candiles as a JV representative.
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PremiumElsewhere in Vodafone Europe: Ofcom sticks to its guns on paired 2.1GHz spectrum
Spanish operators to continue to pay “RTVE tax” into 2023; Ofcom stays firm on paired 2.1GHz spectrum pricing, but will consult further on unpaired 2.1GHz spectrum fees.
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PremiumNetcracker BSS gets a digital spruce-up
Upgrade of Vodafone Spain’s existing BSS system aims to deliver improved speed and insight, as well as being able to deal with the complexity of multi-play services.
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OperationsTelefónica presents redundancy plan to Spanish unions
Union negotiations begin over new phase of headcount reduction. Reports suggest more than 3,000 staff will be offered voluntary redundancy, although eventual job cut total expected to be lower. Move comes amid ongoing competition and inflation concerns.
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M&ASpain shields Telefónica as KKR’s TI bid makes waves
Spanish government reinforcing restrictions that would halt hostile bids for Telefónica until 2023. Europe’s telco sector awash with bid speculation as KKR pursues TI, and Indian conglomerate Reliance Industries is linked to a BT bid.
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Financial & PerformanceTelefónica adds €750m to growing sustainable bond bank
Group takes total financing raised through sustainability-linked bonds to €3.25bn over two years. Funds ringfenced for legacy network upgrades and rural connectivity builds in Germany, Spain, and (potentially) Brazil.
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PremiumVodafone people moves: enterprise executives reshuffled
Several senior swaps at Vodafone Business, including a new Chief Marketing Officer and a handful of leadership changes at key verticals. TPG Telecom announces next CFO to fill vacant seat, and new CISO added. Vodafone Spain rejigs senior executives, splits Technology function.