Telefónica Group – Page 2
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M&AUnited Internet raises 1&1 stake ahead of further network spend
Germany’s United Internet splashing out €300m to increase 1&1 holding to 90%; claims “particularly important” ahead of mobile network expansion.
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M&AVirgin Media O2 still eyeing altnet buys despite pressing pause on NetCo plan
Virgin Media O2 remains hungry for fibre altnet M&A while its NetCo sale plans are put on ice and its own fibre build rate cools off this year.
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PremiumVivo targets €700m bonus from fixed-line shutdown
Telefónica’s Brazilian business expects a many-layered win from four-year copper retirement programme, including receipt of billions of Reals from sale of property and copper wiring.
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M&AVirgin Media O2, Daisy combine in B2B in hunt for growth
Operator to merge enterprise and IT services segments with Daisy, creating a new joint venture to serve “hundreds of thousands” of UK administrations and businesses. VM O2 CEO Lutz Schüler says move marks a “big step forward” in improving B2B performance…
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Network & InfrastructureTelefónica’s FiBrasil taps Nokia for XGS-PON upgrade
Group’s Brazilian fibre joint venture with CDPQ reportedly set to install Finnish vendor’s tech, enabling symmetrical speeds of up to 10Gbps for customers.
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Public AffairsTelefónica ‘mulling further job cuts’ in hunt for efficiencies
Operator reportedly considering reducing its Spanish workforce by between 4,000 and 5,000 employees, just a year after its last round of cuts.
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Network & InfrastructureOrange’s Leboucher joins peers in drilling down on industry’s need for 6GHz
Orange CTO joins peers at BT, Deutsche Telekom, Vodafone, and more to argue that the whole of the upper 6GHz band should be devoted to mobile to enable 6G.
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Strategy & ChangeVM O2 slams brakes on NetCo fundraise amidst Telefónica strategy hiatus (nexfibre curtailed, too)
Plans to sell stake in NetCo spinout paused, as co-parent Liberty looks to “align” with partner Telefónica’s new management. nexfibre build also dramatically slowed to maintain “capital discipline” in UK’s “increasingly irrational” fibre market. Meanwhile, Netomnia raises new funds, ups target by another two millions homes…
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Weekly BriefingsTelefónicawatch Briefing: Europe’s need for a fix
Telefónica and European telco rivals position themselves for an anticipated wave of spend on network and IT strengthening in Europe, in response to political flux. Read more…
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Network & InfrastructureSpanish blackout tests telcos’ mettle on infra resilience
Power outages in Spain, Portugal, and parts of France have highlighted the vulnerability of telecoms networks, following concerns over infra resilience across Europe.
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Public AffairsEWE Tel sues German regulator over spectrum extension ‘obligation’
EWE’s telecoms arm files lawsuit against the Bundesnetzagentur, claiming that the regulator needs to beef up third-party access requirements on MNOs to appropriately address competition concerns…
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Network & InfrastructureTelefónica eyes share of Spain’s €10.5bn defence splurge
Telecoms and cybersecurity capabilities are key investment priorities in Spain’s defence spending hike.
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Financial & PerformanceTelefónica FY24 Guidance: execs buy wiggle room for strategy refresh
FY24: Group lays out set of fuzzy FY25 targets, sidelining FY26 goals, as new Executive Chair calls strategic review.
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Financial & PerformanceTelefónica FY24 Spend: cutbacks bring belt another notch tighter
FY24: Telefónica España leads way as Group continues to make progress on extraction of opex and capex savings.
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Financial & PerformanceTelefónica FY24 Headlines: targets tweaked; core divide denied
Group delivers solid FY24 numbers but dials back cash flow and earnings ambitions amid rocky environment.
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Financial & PerformanceFY24: GPS-less Telefónica leadership seek new path and identity
An in-depth look at Telefónica’s results presentation for FY24, as new Executive Chairman Marc Murtra initiates a strategic review to navigate the “drastic changes” taking place in Europe…
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Products & Servicesgiffgaff embraces ‘natural evolution’ as it prepares for broadband launch
VM O2 sub-brand giffgaff starts limited trials for broadband service using nexfibre infra.
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M&ATelefónica ditches another Hispam business with knockdown Peru sale
Telefónica firms up a second Hispam market exit in less than two months, agreeing to offload its Peruvian business to Argentinian investment group Integra.
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Network & InfrastructureEuropean telcos call on authorities to bolster subsea security
Collection of Europe’s largest telcos and subsea cable operators, including Orange, Proximus, Telefónica, and Vodafone, call for closer collaboration with the EU, NATO, and UK government to defend subsea infrastructure, following several high-profile incidents in recent years…
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Strategy & ChangeTelefónica’s Murtra wants to ‘go big’ after cementing exec chair job
Group’s new boss makes a call-to-action for strategic renewal at operator as his contentious appointment gains shareholder approval. Telefónica needs to adapt to “new era in US-European relations”, he says.