Brazil – Page 9
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Partnerships & AlliancesTelefónica and BBVA tie on Movistar Money joint venture
Consumer finance business green-lighted for launch in Colombia. Group extends partnership with stakeholder BBVA. Move continues recent refresh of Telefónica’s financial services partnerships.
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Venturing & InvestmentsWayra backs Brazilian e-learning startup Alicerce Educação
Startup accelerator Wayra highlights investment in one of local operating business Vivo’s targeted growth areas. Capital will go towards tackling educational divide in Brazil, including via recent strategic tie-up.
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PremiumTelefónica people moves: Global Solutions settles; Open Future rings the changes
Spanish Open Future leadership rotates with Global and Madrid Heads named. Telefónica Global Solutions beds in. Leadership named for Vivo’s personal finance endeavour.
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PremiumHeadline data: Another quarter of belt-tightening and falling revenue for Telefónica
Telefónica’s narrative of core market strength yet to fully win over doubters. Restructuring remains work-in-progress in Hispam, Tech, and Infra.
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Strategy & ChangeElsewhere in Telefónica's core markets: Oi sights rescue party; O2 hits 4G targets
Path for Oi acquisition clears; German 4G catch-up continues; O2 UK picks up EE spectrum.
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Products & ServicesTelefónica|Vivo gearing up for Disney+ launch
Vivo melding OTT service with three separate payment plans from mid-November 2020. OTT market spiking, with operator attempting to keep pace.
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Public AffairsBrazil’s telcos don’t play ball with US Clean Network plan
Mobile network operators refuse to meet senior US official to discuss exclusion of Huawei’s 5G kit. Vivo’s apparent snub at odds with Group, an apparent supporter of the Clean Network initiative.
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Strategy & ChangeTelefónica bulks up cybersecurity unit with Brazilian assets
Group further sharpens its focus on security services. ElevenPaths adds Peru to its local operations.
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Venturing & InvestmentsTelefónica plants cash in Brazilian IoT player
Agro-IoT Lab graduate lands cash injection. Opportunities in the mining sector driving Telefónica IoT investments in Latin America.
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Strategy & ChangeElsewhere in Telefónica’s core markets: Nokia and Juniper pick up gigs
Vivo into loans; Juniper picked for 5G backhaul security; Nokia wins UK SDM.
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PremiumTelefónica people moves: new cloud ops and Movistar+ leads
Joaquin Cidoncha Puebla takes Tech & Cloud Operations Director spot. Movistar+ pay-TV proposition casts new lead in the form of Francisco Menéndez.
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PremiumAmdocs, Netcracker flag new Vivo contracts
Amdocs and Netcracker dig in deeper as part of ongoing work to upgrade Telefónica|Vivo’s systems.
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PremiumAnatel revives fines-for-investment swaps
Brazilian regulator finally agrees first Conduct Adjustment Agreement with TIM, enabling operators to swap fines for investment commitments.
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M&AVivo and co. secure stalking horse status on Oi
As the collective preferred buyer, Vivo, TIM, and Claro are confident they are in a position to outbid any rival interest in Oi’s mobile business. With a €2.6bn offer on the table, Vivo is highlighting the boost in investment in ultrafast networks that would be enabled by Oi’s windfall ...
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Strategy & ChangeElsewhere in Telefónica's core markets: Ezentis bags Brazil contract; Atos in Spain
Ezentis and Tech Mahindra in key support roles, O2 UK introduces Bubl.
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PremiumSpending: Capex peaks and operational efficiencies rise
Management assures infrastructure investment will be maintained, as key in post-COVID-19 world. Customer experience another priority area. Other projects being reined in to free up funds, though, with Abosolo stressing “strict screening” of spend plans
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PremiumTelefónica core markets: glimmers of a return to normality
Group’s key business engines report a mixed set of results, but with signs of recovery emerging over the course of Q2.
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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 ...