All TelcoTitans.com articles in Telefónicawatch #185
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Digital Reports
Telefónicawatch Report #185 - September 2024
Key stories include: Group in on ground floor network API JV | Álvarez-Pallete doubles down on Brazil | O2’s Haas says no to job cuts | VM O2, CityFibre question each other on fibre | Hispam CEO affirms need for upskilling
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Operations
Telefónica Hispam CEO: upskilling ‘crucial’ to overcoming LatAm challenges
Alfonso Gómez Palacio says generative AI and “democratised” access to digital services set to help with training employees.
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M&A
stc said to be back in Telefónica stake-building mode
Saudi operator reportedly considering increasing Telefónica stake beyond 9.9% should Spanish gov approve September 2023 share purchase.
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Weekly Briefings
Telefónicawatch Weekly: Group applauds Draghi’s call for telco deregulation
Operator agrees with recent EU competitiveness policy proposals, although industry bodies not so keen on recommendations. Telefónica España faces down competition in its home market, while continuing to reinforce wholesale segment. Elsewhere, Virgin Media O2 defends fibre strategy against CityFibre broadsides. Read more…
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M&A
Telefónica, Asterion ‘select finalists’ for data centre sale
Goldman Sachs, Igneo Infrastructure Partners, and Wren House among candidates reportedly selected to purchase Nabiax.
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Partnerships & Alliances
Telefónica said to expand API push with Microsoft distribution tie-up
Close partners reportedly finalise deal to market Spanish group’s network APIs on Azure Marketplace.
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Content & TV
O2 wades into German pay-TV battle with platform refresh
Operator launches O2 TV platform as additional option for existing fixed and mobile customers.
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Public Affairs
Draghi’s EU vision prompts mixed response from telcos
Regional grandees Ericsson, Nokia, Orange, Telefónica, and Vodafone among those praising EU’s vision on improving competitiveness on the global stage, but others not so keen on the strictures it lays out. Register to read more…
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M&A
Virgin Media O2 set to sell another chunk of Cornerstone — report
Operator to shed another 8% of tower JV with GLIL Infrastructure and Vantage, bringing total shareholding down to just above 25%.
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Eventwatch
Virgin Media O2 and CityFibre question each other’s fibre maths
Connected Britain: VM O2 CEO Lutz Schüler argues operator is taking “challenger” approach in UK’s fibre market, with nexfibre spin-off and upcoming NetCo positioning operator to be a “long-term sustainable partner” to altnets.
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Partnerships & Alliances
Telefónica set to complete fibre wholesale ‘triangle’ with MásOrange — report
Operators said to be nearing Indefeasible Right of Use agreement, covering access to 3.5 million Telefónica-connected premises. Move seeks to prevent overbuild, and sees Telefónica remain on a defensive footing in its wholesale segment. Read more…
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Partnerships & Alliances
Telefónica, Vodafone Spain hit refresh on fibre wholesale deal
Seeking to capture synergies and optimise network investment, agreement comes as operators continue battling to lock in wholesale clients, negotiating new deals with existing clients, after recent Spanish market rejig. Read more…
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Operations
O2 Germany CEO rules out me-too job cuts
Markus Haas says reducing workforce is not on the O2 agenda, instead placing focus on equipping employees with AI tools to boost efficiency. Comments come as Vodafone Germany continues to negotiate scaled-back job cut plans with unions. Read more…
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Strategy & Change
Brazil’s Vivo gets Central Bank nod to expand in fintech
Central Bank of Brazil grants licence for operator to expand credit and insurance products and grow its presence in the fintech space.
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M&A
Telefónica, América Móvil team to circle WOM Chile carcass
Operators partner to bid for telecoms assets set to be sold off as part of WOM bankruptcy process.
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Strategy & Change
T-Systems UK completes data centre shift to Europe
Deutsche Telekom’s UK enterprise IT unit re-houses data workloads from country to central platforms, as part of wider streamlining effort.
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M&A
Virgin Media O2 gears up for £1bn NetCo stake sale — report
Operator reportedly aiming to offload at least 20% stake in fledgling NetCo, with several infrastructure, private equity, and pension funds taking interest.
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Weekly Briefings
Telefónicawatch Weekly: Spain puts more rural 5G cash on the table
Telefónica España among operators eligible for extra public funding to expand 5G SA services in rural parts of the country.
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Strategy & Change
Telefónica CEO pledges commitment to Brazil after meet-up with president
José María Álvarez-Pallete expresses confidence in Brazil’s telecoms market during trip to meet the country’s President.
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People
Virgin Media O2’s Schüler takes a spot at Sunrise
VM O2 chief among big telecoms leaders appointed to newly-formed Board of Directors at Swiss operator.