Telefónica News – Page 60
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Partnerships & AlliancesSpain’s big three ponder JV to leverage EU recovery funds
Spain’s major operators said to be in talks on a joint proposal for delivering universal superfast coverage, building on European Reconstruction Fund financing opportunities.
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Innovation (R&D)Shaadow steps out of Telefónica’s innovation doorway
Startup lands cash-injection after internal incubation process. Spinoff equipped with ElevenPaths patented tech. Group execs keeping close-eye on operations.
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Strategy & ChangeTelefónica closer to firming up commercial reset
New model seen as necessary for digital services era, encompassing changes around skills, incentives, and flexibility. ‘Commercial careers’ agreement has been a long time coming, but unions say more still needs to be done.
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Strategy & ChangeÁlvarez-Pallete gets political as challenges grow
Quiet support for a boardroom coup at Prisa indicates Telefónica’s political muscles as business priorities coincide with larger social challenges. Telefónica supporting government recovery goals, but lobbying for a more favourable investment environment as 5G auction looms. Group emphasising its Europe role as Latin America retreat sees grumbling.
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Strategy & ChangeTelefónica warns autonomous networks will need kill switch
Humans needed to control misbehaving AIs in autonomous networks. ETSI tackles standards for securing AI. Telcos eager to expand autonomous ecosystem.
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Venturing & InvestmentsElsewhere in Telefónica Venturing: Wayra buys into retail
Wayra doubles up on retail and fintech focus. Brazilian portfolio trimmed further with LinkApi exit.
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Strategy & ChangeElsewhere in Telefónica Hispanomérica: inclusive digitalisation at the fore
Colombia CEO Hernández calls for inclusive digitisation, while Peru’s Internet para Todos notches another 4G reach milestone.
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Strategy & ChangeElsewhere in Telefónica’s Core Markets: Vivo-Claro deal gets checked
Vivo’s RAN-sharing agreement with Claro gets unwanted attention from CADE amid competition concerns.
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Strategy & ChangeElsewhere in Telefónica Group: on the IPv6 trail
Telefónica back on IPv6 development trail; Group lands substantial CAP pay-out; TIM in on Telefónica-backed open RAN alliance.
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Venturing & InvestmentsPayflow banks Wayra backing
Salary-on-demand startup Payflow added €400,000 to its Seed round via a strategic investor trio including Wayra. Wayra family grows but with scaleups now in the crosshairs.
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Venturing & InvestmentsWayra backed LinkApi lands a buyer
Telefónica’s Brazilian scale-up hothouse exits LinkApi through Semantix acquisition. Wayra continues transition to later-stage startups with fourth exit in just over a year.
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Strategy & ChangePlay axed from Telefónica Mexico’s content offering
OB opting to strengthen alliances with other OTT players instead of building out own video content platform. Movistar Play remains live in a host of other Latin American markets, but ambitious growth targets across LatAm far off realisation.
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M&AOi firms up mobile deal, Vivo reinforces its market lead
Oi finalises mobile asset sale to three-strong consortium of Claro, TIM Brasil, and Vivo. Oi CFO: regulatory approval expected within the year. Trifecta of assets now divested by in-administration Oi as it seeks route to recovery via fibre.
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Venturing & InvestmentsTwo Movistar Money ventures set for take-off
Consumer finance business green-lighted for launch in Colombia, enabling Group to extend partnership with stakeholder BBVA. Telco also heading trials of similar personal loan service in Mexico, with Banco Sabadell on the scene. Both moves continue recent refresh of Telefónica’s financial services partnerships.
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Venturing & InvestmentsTelefónica, Vodafone-backed Loon discontinued
Venture falls foul of harsh winds of reality, failing to reach commercial viability.
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Premiumgiffgaff embraces AWS public cloud
Telefónica UK’s sub-brand MVNO goes “all-in on AWS”. Move accelerates product development. Years-long effort required changes in processes and skills.
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Network & InfrastructureO2 UK battles for 5G leadership
O2 UK flags 5G coverage expansion, matching rivals by some metrics. Apparent rollout successes come ahead of further delayed UK spectrum auction, now pushed back to March. 5G Create partnership indicates continued innovation effort.
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PremiumCanonical and Netcracker flag new Vivo contracts
CIO Kriger reveals progress with key IT projects Fusión and Pandora as part of ongoing work to upgrade Telefónica|Vivo’s systems.