Brazil – Page 5
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Financial & Performance
Q2 FY22: Group “over-delivering” claims Álvarez-Pallete
Executive Chairman hails Q2 FY22 turnover growth across all Group businesses.
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M&A
FiBrasil linked to role in fibre consolidation
Telefónica and CDPQ JV linked to investment plans with country’s fifth-largest ISP, Vero Internet.
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Operations
Vivo faces hefty bill for fixed-line contract renewal
Arbitration over financial balancing of former fixed-line concessions rumbles on.
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Telefónica people moves: German fibre JV swaps CTIO
Unsere Grüne Glasfaser brings de Santos in for Vílchez, whose ‘development’ work has come to a close.
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Vivo taps AWS, Nokia for 5G SA core
Brazilian OB is firming up key players in its multi-vendor 5G ecosystem.
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Elsewhere in Brazil: Viasat contract extended
Telefónica|Vivo ponders BRL 3.5bn unsecured loan.
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Premium
Telefónica people moves: comms overhaul to support New Telefónica
Global Communications Department set to open offices in London and New York, with leadership now in place.
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M&A
Vivo eyes convergence options as Oi integration begins
Cross-selling to new Oi customer base a focus for CEO Christian Gebara as migration and integration gets underway, set to be completed in 2023. Synergies of BRL 5.4bn (£870m/€1bn) expected via efficiencies in costs, investments, and integration. Spectrum and mobile site tidy-up due this year, with half of the ...
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M&A
Oi sale completed following two-year wait
Consortium featuring Telefónica|Vivo, América Móvil’s Claro Brasil, and TIM Brasil concludes BRL 14.5bn deal for Brazilian operator’s mobile assets. Move will bring a “new infrastructural balance” to the market. Initial interest was mooted in March 2020, with Oi having filed for bankruptcy in 2016. Telefónica|Vivo to net 12.5 million ...
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Telefónica people moves: advisory swaps at Tech
Telefónica Tech adds Jaime Bergel and Eva Fernández to its Advisory Board, taking membership to 14. New operations lead added to Technology functions in Brazil and Germany. Jaime Smith Basterra replaces long-serving Telefónica non-executive Peter Erskine on the O2 Germany Supervisory Board. VM O2 commits to establishing a FinOps ...
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Operations
Vivo refocuses M&A strategy with CVC launch
Vivo Ventures expected to become one of the largest CVCs in Brazil. Plans to invest BRL 320m across a number of startups over the next five years.
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Elsewhere in Brazil: Vivo goes Solar
Vivo opens new solar energy plant; invites 150 staff to participate in DNA in Action CX programme.
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Telefónica FY21: ‘Core Four’ keep playing to strengths
Telefónica|Vivo making headway on digital services and premium propositions. O2 Germany reaping success of investment in network upgrade. Telefónica España defending high-value customers, but wants a TV market rethink. VM O2 focused on fibre to deliver a convergence challenge.
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Premium
Vivo calls on old friends for “5G-ready” IP transport
Selects Cisco, NEC to build “converged” transport network supporting fixed and wireless traffic. Network slicing capabilities to be part of unified architecture, using segment routing IPv6. Deployment timeframe unclear, but operator under regulatory orders to launch standalone 5G in main cities by August 2022.
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Premium
Telefónica people moves: VM O2 signings target cultural transformation
VM O2 gives Culture Transformation titles to Brian Høi and Julie Sofie Thomsen, while Digital domain gets new People Director. Group-wide IT and networks procurement swaps. Integrated Telefónica Tech UK&I cements healthcare focus with new account director. Vivo names IT directors for Operations and Cloud & Infrastructure leadership. Data ...
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M&A
Former Telefónica business Atento seeks sale — reports
LatAm contact centre operator hires Goldman Sachs to advise on options, with sale on the table, according to Bloomberg. Telefónica partner and former subsidiary sees share price spike on news.
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Financial & Performance
Telefónica’s FY21 comms decrypted: anticipating a new, asset-light dawn
Solid organic performance fuels management confidence in Telefónica’s ability to maintain growth and regain traditional swagger. New Spain and UK FibreCos to round off Group infrastructure monetisation programme. Near-term growth may still be dependent on inorganic activity in Brazil and JV success in UK.
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M&A
Telefónica preps new vehicle for digital M&A in Brazil
Local operating business Vivo indicates it may channel deals through a new platform as it seeks to build out its digital services ecosystem. Move would extend Vivo’s control over M&A and provide an alternative route to Telefónica’s central Wayra and Tech divisions.
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Operations
Vivo to begin sunsetting 2G this year
Brazilian operator says cogs starting to move in convoluted 2019 network-sharing tie-up with rival TIM. Switch to a single shared grid set to move beyond pilot phase, enabling operators to begin re-farming 2G frequencies.
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Partnerships & Alliances
Vivo gets ball rolling on Ânima learning JV
Brazilian operator’s Board clears path to creation of new company focused on digital courses. Vivo confirms 50:50 split with partner Ânima Educação. Some bureaucratic hurdles still to overcome.