Group – Page 3
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M&APrisa sale calls time on Telefónica political ambitions
Álvarez-Pallete declares the telco “should not be in the business of opinion-making” after offloading the bulk of its 9% stake in Spanish media group Prisa.
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Innovation (R&D)
Startup health “intimately linked” to telco relationships
Changes to competition, funding, and processes required to support startup ecosystem, TEG finds.
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Interview
Unmanned Life creates “brain” for autonomous robotics
Wayra-backed startup blends 5G, AI, and edge computing in “autonomy-as-a-service” platform for orchestrating fleets of drones and ground robots.
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Network & Infrastructure
“Proof this disruptive formula works”: Telefónica underlines progress in Peru
Telefónica-backed JV claims to have surpassed a reach of 2.5 million people in Peru across 13,600 locations.
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Network & Infrastructure
Telefónica scales back open RAN expectations
Spanish group looks to have reined back on flagship ‘50%’ target for open RAN rollout.
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Strategy & Change
Elsewhere in Telefónica Group: Álvarez-Pallete gets pay pump
Álvarez-Pallete’s salary increases by nearly 70% in 2021 thanks to bonus for closure of Telxius tower divestment and O2 UK merger.
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Financial & Performance
Telefónica raises further €1bn in sustainable financing
Sustainable bond includes environmental and social impact targets.
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Network & Infrastructure
UK telco execs call time on net neutrality
BT’s Allera, VM O2’s Cobian, and Vodafone’s Essam share their views on ‘big tech’ contributions to network investment.
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Venturing & Investments
Telefónica leads partners in wearable health-tech venture
Telefónica and allies Atresmedia, Prosegur, and K Fund invest in remote assistance startup Durcal.
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M&A
Telefónica receives bids for minority stake in Spanish rural FibreCo
Spanish media suggests either 45% or 49% is up for grabs.
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Operations
Telefónica Tech unveils digital operations hub at Madrid HQ
New Digital Operations Centre forms part of the Group’s Innovation and Talent Hub transformation strategy.
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Financial & Performance
Movistar Prosegur Alarmas remains on growth path
MPA customer numbers increase almost 50% in first quarter, although ARPU is lower.
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Financial & Performance
Q1 FY22: Telefónica facing challenges with a spring in its step
Strong start to FY22 saw cross-examination on prospect of a quick upgrade on guidance for the year. VM O2 the odd one out as three of Telefónica’s core markets show strengthening operational performance and clear vision for market evolution. Telefónica Tech building momentum, but strategy of buying short-term growth ...
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M&A
Telefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.
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M&A
Telefónica Tech acquires German data services player
Deal for data analysis outfit completed in transaction worth up to €350m.
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M&A
Telefónica wants €1bn for 49% stake in Spanish rural FibreCo
Group issues sales prospectus for new fibre JV. “Host of possible interested parties”, according to Spanish media outlets, with winner to be decided by the end of the year.
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Innovation (R&D)
Telefónica taps IDEMIA for quantum-secured SIM pilot
Quantum-safe 5G SIM proof-of-concept showcased for Telefónica’s Spanish customers. Partnership set to expand to consumer eSIM offerings. Operator aims to stay ahead of quantum cyberthreat curve.
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Operations
Telefónica tightens management focus for Spanish platform play
Previously heralded Industry Verticals unit now up and running as Telefónica implements a more ambitious multi-play strategy. Growing Wholesale business receives dedicated leadership, while regional management will take greater role in supporting B2B sector. Brand manager Serrahima given broader remit to improve customer experience in all sectors.
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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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Marketing
Telefónica has a change of plan on convergence
Fusión brand set to be replaced after a decade as totem for Group’s convergence strategy. Move comes with convergent ARPU and acquisition in stall. New service to draw on Group’s prolific recent recruitment of partners such as Microsoft, Prosegur, and Teladoc.
