All Telefónica España (Spain) articles – Page 16
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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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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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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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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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PremiumTelefónica Q3 FY21 Headlines: recovery gathers steam but jitters persist
Group describes results as “significant step towards economic and social recovery”. OBs put in a solid quarter, with Vivo and Telefónica Deutschland reporting gathering commercial momentum. First quarter for refashioned UK business. Telefónica Tech’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Centralisation of Hispam progressing, and ...
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Strategy & ChangeSpain’s ‘big three’ agitate for consolidation
Top execs at Orange, Telefónica, and Vodafone indicate ‘enough is enough’ in Spain’s hyper-competitive market. Telefónica Group COO says Spanish incumbent can play “facilitator role” for consolidation in a market that is “not sustainable”. Vodafone CEO’s patience running out on low returns from southern Europe; looking to “actively engage” ...
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Products & ServicesMovistar set for home insurance launch
Move continues Spanish operator’s consolidation in insurance sector.
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Strategy & ChangeElsewhere in Spain: Spain looking to grow O2 budget play
O2 brand to appear in Movistar shop window as part of ongoing retail revamp; Telefónica Empresas takes on digitisation challenge in rural banks.
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Strategy & ChangeO2 brand to appear in Movistar shop window
Reports indicate Movistar will trial O2-branded fixed and mobile services in its Telyco stores ahead of a potential broader rollout. News comes after loosened regional restrictions, allowing discounted O2 services in hundreds of new municipalities.
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Strategy & ChangeTelefónica preps for 2,000+ job cuts — reports
Spanish operations look set for voluntary redundancy scheme rollout, according to multiple sources. Continuation of ongoing headcount reduction programme expected to be in place by mid-2022 following union negotiations later this month.
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PremiumTelefónica people moves: Group seeks strengthened government relations
Juan Montero takes over public policy and competition remit, with reshuffled reports in support. A direct swap on the Group’s Board sees María Rotondo Urcola fill Sabina Fluxà Thienemann’s shoes. Vivo names a successor for its vacant CIO spot. VM O2 builds out a marketing team to grow its ...
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Suppliers & SCMOracle picked for Telefónica’s on-prem cloud migration
Telefónica España expands relationship with Oracle with a switch to on-premises cloud infrastructure for mission-critical BSS/OSS. Architecture consolidation and simplification the primary motivator, but cost savings and data regulation also benefits. Wider public cloud migration potentially on the cards.
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Network & InfrastructureCiti said to be charged with Telefónica Spanish infra sale
Rumours continue to circulate around Telefónica’s fibre monetisation plans in Spain. Investment bank understood to have valued Spanish fibre infrastructure at €14bn. Sale speculation comes despite Telefónica classing its Spanish fibre infrastructure as a “strategic asset”. Report suggests Group is seeking resources to finance investments in 5G and digitisation. ...
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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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Suppliers & SCMTelefónica inks three (more) PPA deals
Spanish OpCo procuring just shy of 600GWh of electricity through fixed-priced PPAs. Acciona key player in Group-wide carbon-cutting push.
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Strategy & ChangeVodafone Spain sets sights on retail electricity market
Vodafone Spain enters electricity services space with new Vodafone Energía subsidiary. Unit targeting territories outside its footprint. Precedent set by rivals as telcos seek market differentiation.
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Strategy & ChangeElsewhere in Telefónica Group: Juniper flags Fusión role
Data core to digital transformation, says Telefónica strategist; Juniper flags IP network simplification.
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Strategy & ChangeElsewhere in Telefónica Core Markets: O2 Business launches Managed Microsoft 365
Regulatory battles continue in Spain with mixed results; Movistar scores Italian football rights renewal.
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PremiumTelefónica people moves: VM O2 hiring spree
VM O2 continues to bed in second layers of leadership after inaugurating top-table. Telefónica Tech makes regional appointments in Brazil, Germany, and Mexico.
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Public AffairsMovistar builds defence against CNMC F1 rights decision
Operator to take Spanish regulator to national court over antitrust complaint lodged in August 2021. Telefónica’s F1 deal with DAZN in the spotlight of fresh DTS terms troubles.