All Telefónica Group articles – Page 66
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Premium
Telefónica core markets: glimmers of a return to normality
Group’s key business engines report a mixed set of results, but with signs of recovery emerging over the course of Q2.
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Premium
Spending: Capex peaks and operational efficiencies rise
Management assures infrastructure investment will be maintained, as key in post-COVID-19 world. Customer experience another priority area. Other projects being reined in to free up funds, though, with Abosolo stressing “strict screening” of spend plans
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Strategy & Change
Infra ambition to fibre up the world
Telefónica Infra-Tech Q2 FY20 analysis. Telxius set to expand its remit beyond tower management and subsea cables with ambitions to bring Group fibre deployment expertise to wholesale markets across Europe and Latin America. Investors may be sought to monetise new infrastructure. Telxius Q2 FY20 performance shows resilience in difficult ...
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Premium
Guidance: it’ll all be over by Christmas (2021)
Telefónica said it expects to meet its revised FY20 guidance, although even with the minimal targets it has set itself there is a challenge to be faced.
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Financial highlights: generating cash and cutting costs
Telefónica’s numbers for the quarter to 30 June 2020 (Q2 FY20) made grim reading.
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M&A
Telefónica drops AxisMed
Group offloads care management specialist to Atrys Health. A pivot from ‘provider’ to ‘partner’ in Telefónica’s healthcare strategy.
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Strategy & Change
Services at the core of enigmatic Telefónica Tech
Beyond the big talk about Telefónica Tech, associated revenue remains modest, and growth not immune to pandemic impacts.
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Telefónica: Elsewhere in Group
Ailing Alierta; EC maintains resistance to four-to-three consolidation.
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Premium
Government seeks sale of 32.5% Coltel stake — report
Government sale stirs speculation about Telefónica Colombia exit.
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Strategy & Change
Vodafone: Elsewhere in Group
Arch Summit cancelled; Axiata continues to give Vodafone the cold shoulder; campus network deployments start to trickle through.
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People
Key movers in Telefónica: Rob Reason in at O2 UK; Wayra rejig starts in earnest
O2 UK heads swap seats, including a Macdonald-Dunford exchange with Now TV. Serial Brazilian telco leader Marcelo Campos moves from Claro to Vivo. Brando and Rotondo stake a claim at Wayra’s evolving South American top-table. M2M solution provider Pangea pulls in another O2 name.
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Suppliers & SCM
Atento eyes renewed Telefónica relationship
Former Group subsidiary indicates it is discussing a refresh of partnership. COVID-19 takes a toll on Atento Q2 revenue.
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Enterprise (B2B)
O2 flags 5G campus network launch for Mercedes Benz
German operator is working with Ericsson on a 5G network installation at Mercedes Benz’ “factory of the future”.
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M&A
Oi can afford to be choosy as rival bids for assets emerge
Restructuring Brazilian operator Oi is weighing up escalating offers for its mobile assets as a consortium of local operators compete with private equity-funded infrastructure provider Highline. TIM Brasil may have most at stake in bidding, with speculation it would take the lion’s share of Oi assets.
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Suppliers & SCM
Telefónica digs in further with Havas
Estimated €500m global media account was first awarded to French group in 2014.
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Strategy & Change
New joint tech division under CTIO Rao in works
Plans to create 60 ‘future-oriented’ positions in fields such as cloud and cybersecurity. German operating business continues network and IT integration efforts.
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Premium
Q2 FY20 first take: Telefónica distracts as reality bites
Another social pact unveiled as COVID-19 and currency falls combine to wipe €1.5bn off reported revenue, and shred profitability. Cash generation a priority as strict — and seemingly permanent — spending and investment restrictions are put in place. Telefónica Infra ambition emerging as plans for new wholesale fibre networks ...
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Profile
Profile: José María Álvarez-Pallete López, Visionary Technocrat
Telefónica’s Executive Chairman and an avid numbers man, Álvarez-Pallete will take some convincing to follow business plans of others.
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M&A
Telefónica uses Liberty for Costa Rica exit Plan B
Telefónica still intends to pursue legal action against former buyer Millicom. New agreement looks to have wiped $70m off the previously agreed deal.
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Partnerships & Alliances
Axiata swaps Vodafone for Telefónica
A score for Telefónica in global Partners Program vs Partner Markets match-up. Axiata to integrate and resell ElevenPaths cybersecurity. Deal expands Telefónica presence in ASEAN region as it strives to deliver growth through an overdue expansion in the MNC space.