All Telefónica Core Markets articles – Page 3
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Financial & PerformanceTelefónica FY23 Headlines: solid growth achieved
Increases in revenue, OIBDA, and free cash flow presented as a “solid foundation” for Group to spring forwards into fresh strategic cycle.
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Weekly BriefingsTelefónicawatch Weekly: Virgin Media O2 sows seeds for major strategy shift, while Group stays planted in court
NetCo creation, bolt-on sales initiatives and TalkTalk’s consumer acquistion rumours mark busy week in UK; long-running legal issues advance elsewhere; plus blockchain, eVTOL, energy, rail, fintech, and more…
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Weekly BriefingsTelefónicawatch Weekly: Group spending spree goes on shares, spectrum, and sports…
Telefónicawatch Weekly Briefing includes: laying out nearly €3bn on O2 Germany stake increase and Spain sports streaming rights. Chile’s upcoming 5G auction set to see more cash splashed.
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Weekly BriefingsTelefónicawatch Weekly: Álvarez-Pallete takes the stage as Group nears centenary
The latest around Telefónica and its markets, including CEO Álvarez-Pallete taking to the stage at the World Economic Forum; Vivo shelving network-share deal with Winity; and O2 Germany getting “aggressive” on discounts…
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M&ATelefónica gets stakeholder thumbs up for O2 share boost
Voluntary acquisition offer, launched following loss of 1&1 network contract, ends with Telefónica gain a 21%-boost to its ownership in German operating business.
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Strategy & ChangeTelefónica puts O2 share-buying offer on the table
Shareholders able to tender their shares until mid-January 2024, with settlement expected before fiscal year dividend payment in May. Group has already upped its stake in German operating business, with full takeover and revised dividend policy intended to support new three-year strategic plan.
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PremiumTelefónica network API charge commences in Brazil; Spain next
Early steps in building Group’s new 2026 strategic revenue stream with Open Gateway network open APIs. Hyperscalers to be given no value quarter, but Chema Alonso’s bookselling business model suboptimal…
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Partnerships & AlliancesGermany’s Freenet eyes opportunities from O2’s 1&1 breakup
Freenet and O2 discuss forming closer bonds after challenger operator defects to Vodafone.
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Financial & PerformanceTelefónica’s ‘Core Four’ concoct plan to address wholesale decline
Q3 FY23: Group seeks to leverage FibreCo spinoffs, defend against uncertain market conditions, and create new revenue streams to offset forecast wholesale revenue decline over next three years.
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EventwatchInterview: Chema Alonso on building Telefónica’s API place
Telefónica’s Chief Digital Officer expects Open Gateway APIs to begin having revenue impact in current fiscal year, with first products being launched in Brazil.
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Network & InfrastructureTelefónica wins 5G deal for Spanish navy ships and bases
New contract with Spanish navy adds to flurry of recent contract awards with country’s MoD.
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Products & ServicesTelefónica hides away from tracking device contract renewal
Operator doesn’t bid to renew contract to provide ankle bracelets that monitor movements of those accused in Spain of gender violence (something it has been doing since 2009).
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Partnerships & AlliancesO2 Germany deploys DAS at Munich HQ
CommScope’s ERA distributed antenna system installed at O2 Tower headquarters in Munich to provide indoor mobile coverage.
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PeopleTesco Mobile installs new CEO
Retail giant’s Managing Director of Large Stores shifts across to lead long-running JV with Virgin Media O2.
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Network & InfrastructureO2 Germany CEO cools concerns about Huawei ban
A ruling to immediately replace Chinese equipment is not likely, according to Markus Haas, Chief Executive of O2 Germany. With solid Q2 FY23 results, operator nudges up full-year outlook.
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Products & ServicesVirgin Media O2 data shows commuters feeling the heat
Virgin Media O2 Business releases latest Movers Index, showing consumers cutting back on expenses and hybrid working growing in popularity, amid inflation and climate fears.
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Network & InfrastructureAsterion builds FibreCo challenger to Telefónica in Spain
Olin Group’s portfolio now includes ten regional operators, with collective fibre footprint of 1.6 million premises. FibreCo newcomer plans to open up more than half of its fibre network to third-party operators in 2023. Spain’s saturated fibre sector appears ripe for further consilidation.
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Partnerships & AlliancesVivo agrees solar energy deal with Brookfield in Brazil
Partnership will help power Telefónica’s operations.
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OperationsVirgin Media O2 to slash up to 2,000 jobs
Operator expected to make cuts by end of July. Move comes in wake of property portfolio review and planned closure of long-established Slough HQ.
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M&ALiberty CFO welcomes Vodafone–Three merger proposal
Bracken senses UK and EU regulators now recognise they have driven telecoms sector to a “very low return on capital” and will be more amenable to market consolidation.