Telefónica News – Page 41
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Financial & PerformanceMovistar Prosegur Alarmas revs customer growth
Telefónica’s home security joint venture partner Prosegur pleased with performance and value created from MPA in Spain. Good start for Telefónica partnership in Colombia, as Prosegur looks to replicate Spanish JV model in Latin America.
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Innovation (R&D)Telefónica builds up metaverse momentum
Wayra unit seeks metaverse technology startups via Open2metaverse initiative. Spanish developers to get access to hub established in collaboration with Meta. Telefónica appoints Yaiza Rubio Viñuela as Chief Metaverse Officer.
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Products & ServicesTelefónica ponders crypto payment integration
Spanish operator will not be a “mere spectator” on Web 3 and cryptocurrencies, with possibility of accepting token-based payments considered. Chief Digital Officer Chema Alonso describes Group “reflections” on potential role of the operator in decentralised technology developments.
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PeopleTelefónica alumnus tapped for state’s expanded Indra interest
Communications director Sergio Sánchez reportedly added to board at former Telefónica investment Indra Sistemas. News follows a 10% increase in the Spanish government’s shareholding in the company and adds to apparent power struggle in the boardroom.
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Financial & PerformanceTelefónica’s FY21 comms decrypted: anticipating a new, asset-light dawn
Solid organic performance fuels management confidence in Telefónica’s ability to maintain growth and regain traditional swagger. New Spain and UK FibreCos to round off Group infrastructure monetisation programme. Near-term growth may still be dependent on inorganic activity in Brazil and JV success in UK.
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M&ATelefónica preps new vehicle for digital M&A in Brazil
Local operating business Vivo indicates it may channel deals through a new platform as it seeks to build out its digital services ecosystem. Move would extend Vivo’s control over M&A and provide an alternative route to Telefónica’s central Wayra and Tech divisions.
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OperationsVivo to begin sunsetting 2G this year
Brazilian operator says cogs starting to move in convoluted 2019 network-sharing tie-up with rival TIM. Switch to a single shared grid set to move beyond pilot phase, enabling operators to begin re-farming 2G frequencies.
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M&ATelefónica Tech UK&I hints at more acquisitions
Telefónica Tech to continue UK shopping spree this year. After snapping up Cancom UK&I, division wants to expand cloud and cybersecurity presence in the region.
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PremiumTelefónica Deutschland extends Haas deal
Markus Haas will remain as CEO until the end of 2025, stretching his stay at the company to 24 years across various roles. Telefónica Deutschland cites Haas’ successful execution of “ambitious plans” as key reason behind extension.
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M&ANabiax mulling sale of ex-Telefónica data centre bundle
Business set up through Asterion–Telefónica partnership reported to be assessing demand for set of eleven data centres in Americas. Move appears to shift focus of Nabiax, and its commercial tie-up with Telefónica, towards Spain. Centres were picked up in 2019 and 2021, as part of Telefónica’s trimming of Hispam ...
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Venturing & InvestmentsZone2boost doubles down on startup investments
Wayra-backed ‘innovation alliance’ adds eight companies to its roster. Total investment now surpasses €1.5m mark.
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Venturing & InvestmentsTelefónica partner Asterion fills infra fund number two
Investment manager with close links to Telefónica completes set up of a new €1.8bn pot. Five European markets in sights for energy and telecoms opportunities. Madrid-based business has various ex-Telefónica staffers on team and a history of deal-making with Group.
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Products & ServicesMovistar to ‘reinforce’ Fusión bundles in defensive play
Spanish operator mulls adding adjacent services such as health and alarms to bundles. High-profile Fusión brand could be dropped.
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Content & TVTelefónica ally Atresmedia enters Movistar Plus+ fray
Spanish media group reportedly interested in buying part of Movistar Plus+. Move pits Atresmedia against Vivendi, which is also seeking to build up Spanish media assets. Telefónica taking advice as pressure mounts on pay-TV business in Spain.
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Partnerships & AlliancesVivo gets ball rolling on Ânima learning JV
Brazilian operator’s Board clears path to creation of new company focused on digital courses. Vivo confirms 50:50 split with partner Ânima Educação. Some bureaucratic hurdles still to overcome.
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Partnerships & AlliancesTelefónica deepens Oracle on-prem cloud ties in Spain
Operator unveiled as host partner for Oracle Cloud Madrid Region. Highlights (again) importance of using in-country data centres to ensure compliance with national data sovereignty regs and help business continuity. Telefónica Tech to offer Oracle Cloud Infrastructure services and boost PaaS offering.
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Public AffairsAlierta era scandal still haunting Telefónica
Telefónica pays €6m into court to cover potential civil liabilities linked to trial of disgraced former advisor Rodrigo Rato. Newspaper speculation portrays Rato’s co-defendant, former Telefónica counsel Sánchez de Lerín, as “the man with the briefcase of secrets” linked to the telco. Rato litigation an ongoing hangover from earlier ...
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M&ATelefónica mulls Movistar Plus+ options as Vivendi circles
Vivendi reportedly interested in buying part of Movistar Plus+. French media group seeking approval to increase Prisa stake to 29.9%. Telefónica seeking advice as pay-TV customers drain away in Spain.
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PremiumElsewhere in Hispanoamérica: Movistar Peru fails penalty appeal
Telefónica Colombia doubles up on sustainable borrowing; Telefónica Peru back in naughty corner as Osiptel probes unauthorised SIM card vendors.
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PremiumElsewhere in UK: VM O2 to establish refurbished device scheme
VM O2 continues social change efforts with refurbished device lending scheme for temporary accommodation residents; CWU swaps target-driven bonuses for 10% salary increase for retail staff.