Spain
All the latest key telecoms and digital infra insight, news and analysis from Spain.
M&A
Telefónica, Vodafone Spain secure AXA backing for fibre JV
Operator duo firm up investment from AXA for their Fiberpass joint venture, with the asset manager seeing it as a “rare opportunity” to expand in a key European market. Zegona affirmed the move “completes” Vodafone Spain’s fibre transformation strategy, as wider cost-cutting programme starting to show results…
Content & TV
Telefónica nets UEFA football rights for another four years
Spanish telco locks in broadcasting rights for major UEFA tournaments for another four years, marking its third renewal of the concessions since first picking them up…
M&A
Digi confirms mulling part-sale of Spanish unit
Romanian group confirms recent reports that it has appointed advisors to explore an IPO of its fast-growing, disruptive Spanish unit.
People
Telefónica Peoplewatch: McKinsey exec tasked with mining Murtra’s ‘diamonds’
The latest strategic and senior changes at Telefónica, including news of a hire from consultancy McKinsey to lead a refreshed skills development push, as part of the Group’s new strategy, and changes of leadership at Telefónica Infra, the UK’s giffgaff, and in German wholesale.
Partnerships & Alliances
Telefónica widens tie-up with part-owner stc into satcomms
Telecoms duo to collaborate on developing multi-orbit satellite solutions, further strengthening their existing relationship…
M&A
Orange heads off Spanish IPO with co-owner buyout
French group secures a provisional, €4.25bn deal to buy out its fellow shareholders in Spain’s MásOrange, as it continues to pro-actively push for telco consolidation in European markets.
M&A
Prosegur: Telefónica home security JV ‘not on table’
Operator’s partner happy to sit on fast-growing alarm joint venture, despite signals that its worth may have more than trebled since being formed six years ago. The success of rival Verisure’s recent IPO has been noted but will not prompt a similar move by Prosegur in the short term, CFO indicates.
Analyst Briefing
Telefónicawatch Analyst Briefing: Group eyes German reboot; VM O2 aims high on mmWave
M&A speculation continues to dominate the discourse around Telefónica, ahead of early-November’s strategy update, with the focus in recent days on Germany’s mobile market and UK’s fibre scene. Meanwhile, quantum encryption and handset financing players boost their capital resource within the partner ecosystem. Read more…
People
Vodafone Peoplewatch: exec secures place at head of open networks body
October 2025 update: 25+ senior and strategic moves across the operator and its interests, including TM Forum and TIP berths for Voda execs; regional leadership changes in Europe; ex Iberian CEO closes the book; more from around the Group…
Analyst Briefing
Telefónicawatch Analyst Briefing: Group vs Gloop as strategy unveil nears
With less than a month to go before Telefónica’s big strategy reveal, the Group continues to appear set for a battle to push through the new agenda, whether with unions and government on cost-cutting plans in Spain, or European decision-makers on consolidation. Exec Chair Marc Murtra has been in Brazil, meanwhile, to raise support for the new plan. Read more…
B2B
MásOrange seeks bigger enterprise role with Digital+O unit launch
Spanish telco launches new digital B2B services subsidiary to offer tailored digital transformation solutions to businesses, continuing its push to expand and develop new offerings in the segment…