Infra-Tech
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M&ASpain’s Indra completes Hispasat buy, steps up billion-euro space mission
Spanish defence and IT group completes purchase of satellite operator Hispasat, adding another building block to plans for a €1bn+, ‘end-to-end’ European space player. Indra is targeting substantial revenue and efficiency gains, and a bigger role in European space projects, by melding the satco with existing satellite interests Deimos and Startical.
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M&ATelefónica secures deal to sell Hispam B2B interests
Spanish group agrees a multi-layered deal to offload Telefónica Tech businesses in three Hispam markets but while also ensuring its maintains services for MNC clients.
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Financial & PerformanceTelefónica firms up plan for 5,500 Spanish job cuts
Group says it has secured a financially and strategically important deal with unions on large-scale redundancies in Spain, after initiating negotiations in November. Agreement looks set to shift Telefónica about a quarter of the way to headline spend reduction goal outlined under new Transform & Grow strategic plan.
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Partnerships & AlliancesTelefónica said to advance defence push with NATO innovation tie-up
Telco reportedly set to provide access to R&D infrastructure, including The ThinX lab and quantum comms network, through the defence org’s innovation scheme. Development expands Telefónica’s NATO relationship, as it looks to ramp up defence investment…
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Public AffairsUnions call on Telefónica for ‘one last effort’ on strategic reorg
Talks continue between employee reps and bosses over Group’s latest planned round of cutbacks.
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Strategy & ChangeTelefónica aims slap bang in middle in bid for revival
FY25–FY30 Transform & Grow strategy deep dive: Group’s new leadership goes more aggressive and old school with new five-year agenda, targeting corporate centre for billions of euros of savings.
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Network & Infra2Africa consortium finishes up subsea infra build
Meta-led group of tech players completes construction of the infra behind 2Africa submarine network, marking a major milestone in one of largest international subsea projects…
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M&ATelefónica assumes full command of FiBrasil with CDPQ buyout completion
Vivo completes acquisition of the 50% stake held by its FiBrasil joint venture partner CDPQ, aligning with Telefónica’s refreshed strategy to become more hands-on when it comes to managing network and infrastructure assets…
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Products & ServicesTelefónica plugs AI into new enterprise messaging service
Telefónica’s enterprise unit launches RCS-based messaging service, giving businesses AI tools to automate and personalise communications with customers…
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Analyst BriefingTelefónicawatch 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…
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Analyst BriefingTelefónicawatch 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…
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B2BMásOrange 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…
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OperationsTelefónica Tech adds ‘impetus to US growth’ with new Miami office
Operator’s business-to-business services unit opens the doors to new USA office, with integrated SOC to ensure “efficient” coordination with Telefónica Tech’s international teams…
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Network & InfraOrange hosts first landing for Medusa subsea cable in Marseille
The 8,700km system marks a major milestone as it makes land in the southern French city, with the first phase to be ready early next year…
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Public AffairsTelefónica said to mull Spain job cuts ahead of Murtra’s strategy reset
Telefónica reportedly preparing an incentivised early-retirement plan to cut at least 6,000 jobs across Spanish subsidiaries. The operator is said to be aiming to present plans to unions following upcoming strategy reset…
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Analyst BriefingTelefónicawatch Analyst Briefing: Murtra wants a New Deal on new deals
The latest news and developments from around Telefónica, as Executive Chair Marc Murtra reiterates call for European authorities to free telcos to merge, and gain scale against global rivals. Unions, meanwhile, begin to take an interest in what the operator’s coming strategy refresh could mean for its workforce in Spain. Read more…
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Analyst BriefingTelefónicawatch Analyst Briefing: strategy refresh date set
The latest news and developments at Telefónica as a second strategy update in two years is put in the Group’s schedule for early-November. Read more…
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OperationsTelefónica cuts the ribbon on Granada AI, cybersecurity hub
Operator opens second Talent and Technology Center, which Group COO Emilio Gayo said is aimed at attracting and retaining local talent while strengthening the “technological ecosystem” in the area. Read more…
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Analyst BriefingTelefónicawatch Analyst Briefing: Hispam rollback continues
Telefónica retains a packed M&A agenda as Uruguay exit nears and negotiators progress talks over a sale of stock in new Spanish fibre offshoot. Read more…
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M&AAXA still seen as likely partner in Telefónica, Vodafone Spain fibreco
Operator duo reportedly in advanced stages of discussions to offload stake in Fiberpass. Telefónica expected to retain a majority holding, as it seeks to take greater control over its European infra asset base…