Telefónica News – Page 68
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Strategy & ChangeTelefónica Q2 FY20
Another social pact unveiled as COVID-19 and currency falls combine to wipe €1.5bn of reported revenue in second quarter and shred profitability. Cash generation a priority as strict — and seemingly permanent — spending and investment restrictions are put in place. “Resilience” the key quality attributed to the Group ...
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PremiumFinancial highlights: generating cash and cutting costs
Telefónica’s numbers for the quarter to 30 June 2020 (Q2 FY20) made grim reading.
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PremiumVivo and co seek exclusivity as Oi measures up suitors
Vivo, TIM, and Claro back in the driving seat on Oi assets acquisition as exclusive talks resume. Oi rejects proposals from private equity-funded infrastructure provider Highline. Vivo could bolster its weak north-east base. TIM may have most at stake in bidding, with speculation it would take the lion’s share ...
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M&ATelefónica drops AxisMed
Group offloads care management specialist to Atrys Health. A pivot from ‘provider’ to ‘partner’ in Telefónica’s healthcare strategy.
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PremiumO2 meets interim target on coverage obligations
Operating business back on track with LTE rollout after supply chain troubles, but is still playing catch-up on coverage obligations.
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Strategy & ChangeVivo to generate its own renewable energy
Opportunities for cost-savings are driving Vivo to get more hands-on with adoption of localised renewable energy sources. Twenty-year contract commitments from the operator said to be enabling innovative energy provider projects.
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Strategy & ChangeServices at the core of enigmatic Telefónica Tech
Beyond the big talk about Telefónica Tech, associated revenue remains modest, and growth not immune to pandemic impacts.
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PremiumTelefónica: Elsewhere in Infra-Tech
Microsoft partnership expands to acens, IoT solutions pushed to the fore.
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PremiumTelefónica: Elsewhere in core markets
O2 Banking charge on the horizon. OBs find silver linings in pandemic response.
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PremiumTelefónica: Elsewhere in Hispanoamérica
COVID-19 presents challenges and opportunities as physical thefts rise, while digital services portfolios flourish.
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PremiumTelefónica: Elsewhere in Group
Ailing Alierta; EC maintains resistance to four-to-three consolidation.
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M&ATelefónica 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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Premium
Government seeks sale of 32.5% Coltel stake — report
Government sale stirs speculation about Telefónica Colombia exit.
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PeopleKey movers in Telefónica: Rob Reason in at O2 UK; Wayra rejig starts in earnest
O2 UK heads swap seats, including a Macdonald-Dunford exchange with Now TV. Serial Brazilian telco leader Marcelo Campos moves from Claro to Vivo. Brando and Rotondo stake a claim at Wayra’s evolving South American top-table. M2M solution provider Pangea pulls in another O2 name.
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PeopleSchüler plays down top-job rivalry at Virgin–O2
Virgin Media’s Schüler keeps his cool on competing with Telefónica’s Mark Evans for CEO role.
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Suppliers & SCMAtento eyes renewed Telefónica relationship
Former Group subsidiary indicates it is discussing a refresh of partnership. COVID-19 takes a toll on Atento Q2 revenue.
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Enterprise (B2B)O2 flags 5G campus network launch for Mercedes Benz
German operator is working with Ericsson on a 5G network installation at Mercedes Benz’ “factory of the future”.
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M&AOi can afford to be choosy as rival bids for assets emerge
Restructuring Brazilian operator Oi is weighing up escalating offers for its mobile assets as a consortium of local operators compete with private equity-funded infrastructure provider Highline. TIM Brasil may have most at stake in bidding, with speculation it would take the lion’s share of Oi assets.
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Suppliers & SCMTelefónica digs in further with Havas
Estimated €500m global media account was first awarded to French group in 2014.
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OperationsPandemic stalls Telefónica’s alarm JV launch
Pandemic lockdown said to have effectively wiped out the first quarter’s trading of Movistar Prosegur Alarmas, with crisis management the priority. Despite tough start, MPA customer base forecast to treble within a year.