All Telefónica Hispanoamérica articles – Page 12
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Q2 FY20: isolated Hispam brings the Group down
Capital efficiency remains a focus as the Group weighs a myriad of options for the future of its Latin American division. Beyond the challenges of the pandemic, tough competition and a relatively low-value customer base are proving a challenge to profitability in the region.
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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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Telefónica: Elsewhere in Hispanoamérica
COVID-19 presents challenges and opportunities as physical thefts rise, while digital services portfolios flourish.
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M&A
Telefónica sees exit door in El Salvador (but is it shut?)
Anti-trust agency lays out tough sale conditions to América Móvil’s Claro. Anxious wait to see if Mexican group plays ball. Both Telefónica Móviles El Salvador and Telefónica Multiservicios up for sale in deal reportedly worth $315m.
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Government seeks sale of 32.5% Coltel stake — report
Government sale stirs speculation about Telefónica Colombia exit.
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Telefónica sets eyes on COVID restart; announcements across all markets: Telefónicawatch roundup June-July 2020
Telefónica joined Restarting Together COVID-19 recovery programme, absent from ETSI’s E4P scheme, and one of 53 large companies to take a Bank of England emergency loan. TIWS test LEO satellite; ElevenPaths gets AWS security certification. Announcements across Telefónica’s core markets include ongoing 5G/China drama in the UK; Brazilian network-sharing ...
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Teté Soto named O2 UK Director of Transformation; MVNO Tesco Mobile gets new CMO
Telefónica people movements across European and Hispanoamérican OBs.
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Big Four providing a solid foundation
‘Show me the money’ the key message in Spain. Positivity in Germany and UK. Brazil trading up. LatAm carve-out progressing.
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Telefónica Latin America people movements, May 2020
LatAm region gets refreshes in Brazil and Mexico. Former VP Milagros Montenegro gets CFO spot at Peru.
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Strategy & Change
Group sees Millicom Costa Rica withdrawal as a bit rich
Telefónica threatens legal action after late-hour back-out by buyer.
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Movistar Play IPTV platform gets Colombian original series
Telefonica premiered its first Colombian-made original series on the Movistar Play IPTV platform in mid-April 2020.
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Telefónica Latin America people movements, April 2020
Bruno Vale picks up AxisMed CEO seat, Ana de Saracho takes Counselor position for Mexico’s National Chamber.
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Strategy & Change
Telefónica Peru shareholding ownership switched, remains within Group
Group completed the transfer of a 50.22% shareholding in Telefónica Peru from Telefónica Latinoamérica Holding to Latin America Cellular Holdings.
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Strategy & Change
Telefónica hits ground running with restructuring plans
Hispanoamérica expected to be put on a par with Partners Program operators as Group prepares for sale and encourages local independence. Latin American billionaires float a majority stake acquisition of local assets, with Telefónica a minority shareholder, but individual OB sales still a prospect. Morgan Stanley working on Telefónica ...
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Telefónica steps back from Colombia auction
Despite making a fuss to get auction terms changed, Telefónica ultimately abstained from the latest 4G spectrum sale. Speculation that the decision was influenced by Group distancing of most Latin American assets, and the potential of a sale of the Colombia business.
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Venturing & Investments
Open Future developments
Round-up of recent activity among Telefónica-backed startup and venturing ecosystems.
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Álvarez Pallete into 5th gear on Telefónica transformation
‘Big Four’ operating businesses of Brazil, Germany, Spain and UK to be the focus of the Group, with Latin America operationally isolated, and potentially spun-off. New divisions Telefónica Infra and Telefónica Tech created. The former handling physical assets with Telxius as its cornerstone, while Telefónica Tech will drive commercial ...
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Movistar Play now available on smart TVs
Telefónica’s Movistar Play over-the-top pay-TV service has been integrated into Samsung smart TVs in Latin America.
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Vilá quietly confident in Telefónica’s steady progress
Organic growth in key metrics puts Group broadly on track to hit guidance for the year, although Mexico a drag. Management maintaining focus beyond near-term for 5G and digital transformation. Services beyond connectivity slowly feeding MNC growth.
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Strategy & Change
Wayra re-org in Latin America
Telefónica Open Future is reportedly restructuring its Wayra startup accelerator in Latin America, and is set to shutter its facilities in Chile, Peru, Mexico, and Venezuela, and consolidate its operations in Argentina, Brazil, and Colombia.