All Telefónica Infra articles – Page 5
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Tech forms Zoom partnership
IDT highlights expansion of ties with Telefónica wholesale and multinational customers subsidiary; Cornerstone JV enhances legal spend management.
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M&A
FiBrasil straight into M&A action with Phoenix Fiber buy
Vivo said to have been collaborating with the Phoenix fibre unit since March 2019. Deal brings in a further 170,000 premises, with 310,000 to come.
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Premium
Telefónica claims inflection point as structure shifts
Despite changing perimeters and restatements making a clear view difficult, organic growth across the business offers promise. Guidance improved on positive first half for revenue and profit, but operating cash flow is retreating compared with FY22 goals. Net debt coming down after disposals and restructuring, and Latin American loans ...
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Mistral goes live
Mistral goes live; Telefónica Tech gets sporty.
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Premium
Telefónica people moves: senior Vivo swaps
Vivo names executive changes including operations and talent directors. Wayra’s long-time leader Arias exits for Madrid VC. Truphone draws more tier-one expertise with former O2 UK Transformation Director promoted.
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M&A
Vivo open to fibre M&A via new FiBrasil JV
CEO Christian Gebara signals interest if the price and quality is right. Brazilian fibre market becoming increasingly competitive.
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Premium
Telefónica people moves: rivals join O2 Germany
O2 Germany draws in talent from rivals Deutsche Telekom and Vodafone. Infra adds partnerships lead with M&A know-how. VM–O2 firms up networks and technology leadership. Martinez takes Di Meo’s old CIO spot at Movistar Argentina.
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Premium
Telefónica people moves: Prautzsch takes helm at German FibreCo
Telefónica Infra’s fibre JV with Allianz fills out management positions, drawing on Telefónica insiders. Ayucar and Martínez take CTO roles in the Digital Consumer & Data Office. Vivo rotates Operations and Wholesale leadership.
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M&A
Telxius completes European tower sale
Telefónica handed regulatory go-ahead for tower divestment, with German and Spanish sites handed to American Tower. Latin American portion to follow next year, pending approval. Submarine cables also up for grabs, with first bids reportedly received.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Siemens paired for smart buildings
Siemens partnered for smart buildings; Gilat wins teleport contract; Silicom selected for SME SD-WAN drive.
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Premium
Mystery of Telefónica’s vanishing digital revenue as Tech takes off
Hard-fought progress at the start to the year looks set to provide a base to hit guidance, with management seeming open to improving outlook as the year progresses. Group keeping its options open on monetising Hispanoamérica interests and its fibre infrastructure in Europe. Telefónica Tech is open for business ...
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Premium
Telefónica people moves: Group appoints Climate Change boss
Sustainability a priority with new Chief of Climate Change post. Changes in Germany include a CEO swap at Omnichannel unit and exit of CISO Hollander. Provisional approval for the VM-O2 merger sees a swathe of proactive appointments — but no room for a handful of O2 UK stalwarts.
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M&A
Telefónica offloads DCs to Nabiax
Operator exchanges DCs for minority holding in Nabiax. Long-term housing services agreement established. Deal mooted to worth around €100m.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: e-health explored
E-health continues to expand as key Telefónica 5G vertical; SMEs targeted with Telefónica Tech cloud and security product additions.
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M&A
Bids expected for Telxius subsea cables
Telefónica debt reduction strategy set to extend to submarine infrastructure as buyers are sought for 100,000km cable network. Reports indicate that an agreement is wanted by mid-2021, with rough valuations standing around the €2bn mark.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Telxius lands subsea cable
Telxius plugs into Google’s Dunant cable and bulks up its own South American bandwidth.
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Premium
Q4 FY20: Shrinking Telxius focused on serving the core
Telefónica Infra’s biggest asset demonstrates worth ahead of its sale, while the remainder of the Telxius business is primped for a possible offload. Infra set to focus on development and management of fibre InfraCos to ease Group capital demands and accelerate fibre rollout, while serving the need of OBs. ...
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People
Telefónica moves: Oslé named Spain CEO; Almazor heads up Cloud
Newly-formed Unsere Grüne Glasfaser FTTH joint venture names a handful of team members ahead of anticipated approval. Movistar CEO rotates to lead Telefónica Tech’s Cloud unit, while Sergio Oslé takes the Spain spot. New strategic planning lead at Group-level.
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Financial & Performance
Telefónica wobbles over 2020 finish line, targets stability
Revenue and OIBDA drop 11% as double-whammy of COVID-19 and currency fluctuations hit. Guidance on cash flow just about achieved, while FY21 focus will be on stabilisation. Dividend reduced by 25% as COVID-19 challenges continue, and 5G auctions loom. Telefónica Infra picking up minority stakes in Group infrastructure as ...
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M&A
Telefónica to swap more data centres for Nabiax stake
Four data centres are said to be on the table, with a 20%-stake in Asterion subsidiary Nabiax the price. Nabiax-Telefónica JV reportedly in the pipeline to manage the estate.