All Telefónica Tech articles – Page 10
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Venturing & Investments
Telefónica-backed VC fund targets ‘global champions’
Telefónica joins Kanoar to launch Leadwind as “anchor investor”. Targets scale-ups in Europe and Latin America, with investments of up to €15m and partnerships within the Telefónica ecosystem.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: smart services drive in Huelva
Cloudflare and Tableau deployments highlighted; Group at forefront of smart services drive in port city of Huelva.
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Telefónica people moves: Tech begins integrating Cancom cloud acquisition
Telefónica Tech replaces Cancom UK&I board members with Group executives, following buyout. Vivo names Rocha de Matos and Simões network planning and IT directors, respectively. Former O2 UK executive Stansfeld joins fixed broadband player Quickline.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Tech forms Zoom partnership
IDT highlights expansion of ties with Telefónica wholesale and multinational customers subsidiary; Cornerstone JV enhances legal spend management.
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Products & Services
Govertis added to Telefónica’s Peru line-up
Cyber consultancy and Telefónica acquisition bolsters Telefónica Tech Peru portfolio. Movistar Empresas to offer compliance and risk services.
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Telefónica people moves: VM O2 hiring spree
VM O2 continues to bed in second layers of leadership after inaugurating top-table. Telefónica Tech makes regional appointments in Brazil, Germany, and Mexico.
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Telefónica Tech teams with STC for security services
Strategic collaboration agreement with Saudi operator. Move follows security tie-ups in Southeast Asia.
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Venturing & Investments
Wayra-backed Optimus Price exceeds crowdfunding target
AI retail startup raises more than €450,000 on CrowdCube. Optimus Price adds to Wayra’s retail tech activity.
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Telefónica Tech likes to be in Cloud Garden with IBM
Duo launches hybrid cloud enterprise solutions based on AI and blockchain. Aim to make omni-channel customer support services more efficient and improve supply chain management. New set of services leverages recently upgraded Cloud Garden, a joint Telefónica–IBM initiative.
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Telefónica claims inflection point as structure shifts
Despite changing perimeters and restatements making a clear view difficult, organic growth across the business offers promise. Guidance improved on positive first half for revenue and profit, but operating cash flow is retreating compared with FY22 goals. Net debt coming down after disposals and restructuring, and Latin American loans ...
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Telefónica people moves: senior Vivo swaps
Vivo names executive changes including operations and talent directors. Wayra’s long-time leader Arias exits for Madrid VC. Truphone draws more tier-one expertise with former O2 UK Transformation Director promoted.
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Strategy & Change
Telefónica Tech extends cloud reach in Brazil
TC&CT division snags 49.99% stake in Vivo’s CloudCo Brasil. Deal builds on TC&CT’s earlier purchase of CyberCo Brasil. Working in parallel with local operating businesses becoming a Telefónica Tech trend.
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Venturing & Investments
Telefónica ploughs second batch of funding into “critical” Nozomi
Group’s Tech Ventures vehicle adds to funding in industrial cybersecurity player Nozomi Networks. Telefónica Ventures MD Gawendo talks up the value of the tie-up as Group seeks to beef up IoT security capabilities. Additional investment strengthens relationship between the commercial and strategic partners, started in 2020.
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M&A
Cancom joins Telefónica Tech stable
Telefónica Tech picks up cloud and security specialist Cancom, as the Group’s growth-oriented technology division targets a strengthened UK presence. Move appears enabled by compete parameters in Virgin Media–Telefónica UK shareholders’ agreement.
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Strategy & Change
Telefónica quietly drops LUCA brand as Telefónica Tech takes over
Unclear whether the more high-profile ElevenPaths brand has also been retired. Former LUCA product AI Suite showcased at MWC, but still not widely marketed.
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Telefónica people moves: rivals join O2 Germany
O2 Germany draws in talent from rivals Deutsche Telekom and Vodafone. Infra adds partnerships lead with M&A know-how. VM–O2 firms up networks and technology leadership. Martinez takes Di Meo’s old CIO spot at Movistar Argentina.
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M&A
Telefónica Tech preps for part-sale
Long-mooted divestment plan appears close to initiation, with reports indicating private equity interest. Division not the big-hitter it once claimed to become, but hoping to draw punters through M&A and partnerships. Downsized ambition and reset scope remind of last decade’s Telefónica Digital, where grand ambition faded away.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Telefónica Tech Ventures expands into IoT
Telefónica Tech Ventures expands into IoT; roads, manufacturing, and tourism targeted as Group continues to build “smart” business-to-business alliances.
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Telefónica people moves: Prautzsch takes helm at German FibreCo
Telefónica Infra’s fibre JV with Allianz fills out management positions, drawing on Telefónica insiders. Ayucar and Martínez take CTO roles in the Digital Consumer & Data Office. Vivo rotates Operations and Wholesale leadership.
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Telefónica Tech adds protective layer to TrustOS
Next-gen services arm strengthens TrustOS offering with data encryption services from new-found friend Entrust.