Telefónica News – Page 75
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Telefónica Latin America people movements, April 2020
Bruno Vale picks up AxisMed CEO seat, Ana de Saracho takes Counselor position for Mexico’s National Chamber.
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Telefónica Europe people movements, April 2020
O2 Germany poaches VodafoneZiggo’s Network Director.
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Strategy & Change
Telefónica Peru shareholding ownership switched, remains within Group
Group completed the transfer of a 50.22% shareholding in Telefónica Peru from Telefónica Latinoamérica Holding to Latin America Cellular Holdings.
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COVID-19 impacts Telefónica Group share prices
Morgan Stanley cut the financial institution’s price target for Telefónica Group to €5.70 per share from €8, while maintaining a “neutral” rating.
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Strategy & Change
Telefónica maintains its links as markets adapt
SME suppliers in Spain thrown an early lifeline as Group takes steps to keep supply chain moving. O2 Germany reopening stores and account switching restrictions are eased in Spain. O2 UK focuses on supporting health services, but engineers at risk as 5G conspiracy suspicions lead to vandalism and assaults. ...
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Exec denies carrier blockchain split
CBAN CEO says GSMA initiative can “accelerate” development of mobile roaming product. CBAN and GSMA agree partnership to share information on DLT-based settlement. Industry fragmentation still a concern.
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Telefónica keeps Spain flying high in FTTP rankings
iDATE places Spain in creditable fourth spot among European countries in terms of full-fibre penetration, and a leader in major markets. Telefónica the country’s biggest FTTP contributor by subs, although Orange and Vodafone catching up. Copper switch-off programme key.
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Telefónica Transformation: ahead of schedule but hitting a bump
Digital services revenue hits 17% revenue increase year-on-year, with the bulk coming from video services. Telefónica Infra remains barebones, but the future looks promising.
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Telefónica guidance: 2019 targets met, just about
Telefónica claims to have met its FY19 guidance, frowing by 3.2%. 2020 stability promised, but Covid-19 means all bets are off.
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Telefónica’s FY19: building a hybrid engine for a juggernaut
Targets on profit and revenue for the year achieved, but Group now guiding for a period of ‘low and slow’ progress on key financial metrics. While financial growth looks hard to come by, Álvarez-Pallete is aiming to create a higher purpose for Telefónica and drive engagement with his transformation ...
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Strategy & Change
Telefónica steps up response to coronavirus crisis
Group-wide commitments made to maintaining network capacity in light of changing demand. Cisco and Microsoft partnerships enabling additional enterprise customer support. Consumer benefits include temporary free content and information access, and leeway on data use. Cooperation with public administrations and local rivals seen across the Telefónica footprint.
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Telefónica to trial 5G open RAN
New vendor pack picked for fresh, Europe-based 4G/5G testing round. Open RAN to meld with UNICA as network cloud/virtualisation efforts spread out. O-RAN Alliance enters picture. No word on timing for open RAN go-to-market.
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Financial performance: growth peters out for ‘old Telefónica’
Telefónica heralds organic growth in revenue and operating income, but reported figures less glowing with OIBDA and cash flow decline. Enterprise business remains a bright spot for the Group.
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Regional performance: Group savours European stability
FY19 results the first since a tightened focus on four major markets. Volatility in Hispam business seen as justification for focus on key regions.
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Telefónica deepens Microsoft cloud alliance
Microsoft plans to open a new ‘Azure region’ for data centres in Spain and use Telefónica infrastructure to create a joint cloud services offering.
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Telefónica plugs into carrier blockchain network
Partners with DT, Orange, and T-Mobile US to create inter-operator network based on DLT tech. High hopes of streamlining wholesale carrier roaming processes.
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Team player Telefónica urges edge compute expansion
Group joins Telco Edge Cloud alliance to promote “federation of interconnected operators”. Work with China Unicom, KT, and Telstra on improving multi-operator MEC experience. Goal is to better expose network edge capabilities to third parties. Telefónica throws hat into ring of another alliance to speed up 5G MEC commercialisation. ...
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Network & Infrastructure
Government herds operators into rural sharing pen
March 2020 deadline met, saving government face. Unknown outcome from pushback against EE fee proposal.
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TIM and Telefónica plot to carve up Oi
Ever-closer Brazilian operators exploring ways to consolidate in the mobile market without falling foul of the authorities. Determining the shape of a final deal, and clearing hurdles from Oi stakeholders, could be a drawn-out process, and distressed fourth-placed player still open to other offers.
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Venturing & Investments
Telefónica-backed startup and venturing ecosystems, March 2020
Round-up of recent activity among Telefónica-backed startup and venturing ecosystems.