Core Markets – Page 38
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         Premium PremiumVivo assembles partners for 5G coreBrazilian operating business appears to be pinning down vendors for its 5G standalone network, although Huawei’s role in the country remains unclear. 
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         M&A M&AIn detail: Liberty and Telefónica’s VM-O2 pre-nupThree-year wait expected before a potential IPO of new joint venture, while both parties expected to remain involved in the business for at least five years. Telefónica reserving its right to go it alone in UK on IoT, cloud, and cybersecurity services. Liberty to get a board presence at ... 
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         Strategy & Change Strategy & ChangeMovistar reboots investment unit for expansionTelefónica’s audio-visual management company Contenidos has been repurposed as Telefónica España Filiales. New unit takes on a broader remit in apparent bid to grow its portfolio, moving away from multimedia focus. Holdings mapped out, with some recent changes. 
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         Public Affairs Public AffairsNational court backs Telefónica over Canal+ dealAudiencia Nacional rejects claims made by Vodafone Spain and others that 2015 DTS acquisition impedes competition. Expresses confidence in regulator CMMC to monitor pay TV market. 
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         Strategy & Change Strategy & ChangeTelefónica brings insurance unit closer to homeTelefónica Seguros, the Group’s insurance subsidiary, moves from Luxembourg to Spain as its remit expands. Cybersecurity and digital insurance niche increasingly a focus. 
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         Partnerships & Alliances Partnerships & AlliancesVivo to build telemedicine presence with TeladocTeladoc Health partners with a second Telefónica core market to launch Vivo’s telemedicine and wellness platform. E-health proposition marks another step into a “digital ecosystem” for Vivo. Brazilian JV on the cards, if results go the right way. 
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         Strategy & Change Strategy & ChangeElsewhere in Telefónica Core markets: Zalaris banks payroll contractPayroll contract awarded in Germany; Vivo hones in on financial services, cybersecurity takes off in Spain. 
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         Premium PremiumQ1 FY21: final coronavirus quarter packs a punchSpain and Germany OBs stabilise as first wave of coronavirus shocks works its way through results. Vivo displaying underlying strength, but currency fluctuations continue to turn positives to negative. With strong returns on falling revenue O2 UK bows out as a ‘core four’ market Hispam edges back into the ... 
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         Premium PremiumO2 Germany updates on turbo-charged 5GDoubles the number of cities with 5G to around 60 in space of six weeks. Launches standalone 5G core in Munich; nationwide deployment slated for summer 2021. 5G carrier aggregation sees lift-off in Munich. 
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         Partnerships & Alliances Partnerships & AlliancesO2 adopts ‘conversational’ AI-based platformOperator purchases three-year licence, with AI tech set to support long-term aim of becoming CX “champion”. 
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         Suppliers & SCM Suppliers & SCMNokia supplies “final piece” in Spain’s IP Fusión jigsawTelefónica España apparently on home straight to complete “end-to-end” IP network transformation. Latest Nokia kit deployment aimed at extending 5G, FTTH coverage to rural and remote areas. 
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         Products & Services Products & ServicesMovistar Game shaping up to be Telefónica’s cloud gaming betCloud gaming project has its roots in a 2018 Innovation Call and is said to be in the ‘prototyping phase’. Ludico is internal code name for all gaming activities at the Group. 
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         Network & Infra Network & InfraFrosty O2 and Drillisch finalise roaming dealA new commercial arrangement with current MVNO landlord O2 Germany should enable the United Internet mobile player to forge ahead with plans for a 5G network. O2 aims to use the “significant proceeds” of the contract to accelerate its network expansion. Described neutrally as a reset of their relationship, ... 
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         M&A M&ATelefónica seeks buyers for logistics unit Zeleris — reportTelefónica España distribution and logistics subsidiary reportedly on the market with a €100m price tag. EY on board to push for a sale as divestment strategy continues across the Group. 
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         M&A M&ACADE makes Vivo wait for share of Oi’s mobile assetsIndustry watchdog still inspecting ins and outs of Oi divestment. Closure now expected in early-2022. Consortium partners still confident of being granted go-ahead. 
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         Premium PremiumMystery of Telefónica’s vanishing digital revenue as Tech takes offHard-fought progress at the start to the year looks set to provide a base to hit guidance, with management seeming open to improving outlook as the year progresses. Group keeping its options open on monetising Hispanoamérica interests and its fibre infrastructure in Europe. Telefónica Tech is open for business ... 
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         Suppliers & SCM Suppliers & SCMAtento targets ‘reshaped’ Telefónica relationshipContact centre operator Atento claims largest share of Telefónica CX spend. As Atento-Telefónica MSA expiration nears, the priority is to “earn” business from the operator going forward. Telefónica eyes CX digitalisation in ongoing operational efficiency drive. 
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         Premium PremiumTelefónica people moves: Group appoints Climate Change bossSustainability a priority with new Chief of Climate Change post. Changes in Germany include a CEO swap at Omnichannel unit and exit of CISO Hollander. Provisional approval for the VM-O2 merger sees a swathe of proactive appointments — but no room for a handful of O2 UK stalwarts. 
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         Premium Premium3G sunsets accelerate amid re-farming pushAfter Germany and the Netherlands, more Vodafone businesses are laying out plans to repurpose 3G spectrum for 4G and 5G networks. 
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         Strategy & Change Strategy & ChangeCornerstone exit could be early item on VM-O2 agendaIndications made that prospective JV’s Cornerstone stake seen as non-strategic, and could be jettisoned in name of “national champion” Grand Plan. Sale would raise cash for higher strategic ambition of fibre expansion. Liberty “gearing up” for talks with partners to team up on Gigabit rollout. Fries showing willingness to ... 
 

























