Telefónica News – Page 57
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Enterprise (B2B)
Telefónica Tech opens portal to quantum realm
Next-gen services arm bulks-up portfolio with EaaS add. Multi-purpose potential of quantum encryption tech highlighted. Quiet engagement with Spanish startup bears fruit in new commercial partnership.
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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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People
Schüler coronated as VM-O2 CEO
Lutz Schüler, dynamic Virgin Media chief, with a track record at O2 Germany, is to lead the new VM-O2 joint venture, subject to competition clearance. O2 CFO and experienced merger overseer Patricia Cobian to take on the JV finance role. No room for O2 CEO Mark Evans.
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Public Affairs
Vivo in CADE firing line for cartel foul play
Brazilian consortium of Claro, Oi, and Vivo may face fines for alleged cartel practices relating to a 2015 broadband services tender. BT Brasil on the receiving end of supposed competition violations.
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Public Affairs
Telefónica softens Millicom litigation demands
Millicom calls to dismiss legal case ruled out by Supreme Court. Telefónica dampens demands to instead seek damages. Litigation remains in motion.
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Premium
Telefónica joins talks on EU’s €10bn cloud project
Brussels seeks industry support and investment for federated cloud plan. New alliance to focus on edge computing and industrial data spaces. Telefónica among telcos expected to play a role. Project to work with GAIA-X, avoiding duplication.
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Premium
Spain ties up 3.5GHz loose ends
Telefónica, Orange each acquire 10MHz concession for €21m reserve price. After elongated allocation process stretching over five years, Telefónica ends up with 100MHz of 5G-friendly 3.5GHz spectrum, second only to Orange (110MHz). Timelines fuzzy for auction of 700MHz and 26GHz frequencies, two other bands long identified by Madrid as ...
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Premium
Telefónica España plans 400Gbps IP Fusión upgrade
Pilots with Huawei and Nokia reveal optical transport capacity potential. 400Gbps rollout to start this year in Spain. Huawei technology achieves 600Gbps and 800Gbps in optical mesh tests.
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Premium
O2 UK secures more 5G spectrum
Ofcom raises a total of £1.4bn in principal auction stage — several hundred million pounds less than expectations. Regulator has now opened the first phase of negotiation period that should enable operators to build contiguous blocks in the 3.4GHz–3.8GHz band. Lower spend on licences (so far) should provide an ...
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Venturing & Investments
Elsewhere in Telefónica Venturing: fcase, CyG, and ProFuturo
Tech Ventures adds fraud detection to startup shopping list; Group interest CyG bags fresh investment.
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Strategy & Change
Elsewhere in Telefónica Group: European Commission lays out plans
Telefónica backs EC green goals, as Digital Compass launched; Spanish government seeks cybersecurity support; payphones to be axed.
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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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Strategy & Change
Elsewhere in Telefónica’s Core Markets: Digital Workplace opens up
Movistar+ adds edutainment for at-home learning; O2 UK offers device-as-a-service for remote-working employees.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: 4.5G in Mexico
Progress on OTT bundling in multiple markets; SME channel opened with BBVA; tax disputes continue in Peru.
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M&A
Telefónica’s Cerdán has more M&A deals up sleeve
Medium-scale buyouts remain on radar for Telefónica Tech CEO. Bold talk on deal-making forming route to growth goals. Reported souring of Govertis transaction hasn’t put Telefónica off.
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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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Premium
Q4 FY20: Telefonica Tech still growing into its role
Telefónica Tech described as “most resilient” area of the business, although growth appears below initial expectations. Licensing and reselling virtualised services key growth drivers, and enterprise offerings propelling divisional growth.
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Strategy & Change
FY20: Core four battle on in tough times
Major markets collectively show declines at the end of a tough year, but Group remains committed to focusing investment on next-generation networks to transform its fortunes. Spanish operations still the crown jewels, and closely protected, but management still yearning for market consolidation. O2 UK’s five-year efficiency drive has it ...
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Premium
Q4 FY20: lightweight Hispam division swimming against the tide
FX once again crushes a period of robust defensive plays by Hispanoamérica operating businesses. Argentinian currency devaluation weighs heavily. Restructuring in Mexico provides a gloss to profitability for the final quarter. Management expectations moving on from a sale or spin-out towards development an insulated asset-light unit to minimise the ...
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Venturing & Investments
Telefónica interest CyG bags fresh investment
Startup’s funding pot topped up by angel investors. CyG member of Wayra’s Hall of Fame. Cross-industry sustainability drive key to CyG’s growth potential.