Infra-Tech – Page 14
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Venturing & InvestmentsWayra adds e-sports brains to portfolio with Wiper buy-in
Wayra Family unit makes co-investment in Spanish ed-tech platform developer Wiper Gaming. Investment likely to be in line with previously mooted “up-to-€2m” commitment.
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PremiumTelefónica people moves: Tech begins integrating Cancom cloud acquisition
Telefónica Tech replaces Cancom UK&I board members with Group executives, following buyout. Vivo names Rocha de Matos and Simões network planning and IT directors, respectively. Former O2 UK executive Stansfeld joins fixed broadband player Quickline.
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Venturing & InvestmentsWayra UK sets up fundraising support initiative
UK incubator leans on expertise of outside consultancy to launch Wayraise scheme. Mountside helping ensure Wayra businesses are “investor-ready” and works to facilitate greater flow of VC into startup ecosystem.
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Strategy & ChangeElsewhere in Telefónica Infra-Tech: Tech forms Zoom partnership
IDT highlights expansion of ties with Telefónica wholesale and multinational customers subsidiary; Cornerstone JV enhances legal spend management.
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Products & ServicesGovertis added to Telefónica’s Peru line-up
Cyber consultancy and Telefónica acquisition bolsters Telefónica Tech Peru portfolio. Movistar Empresas to offer compliance and risk services.
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PremiumTelefónica people moves: VM O2 hiring spree
VM O2 continues to bed in second layers of leadership after inaugurating top-table. Telefónica Tech makes regional appointments in Brazil, Germany, and Mexico.
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Partnerships & AlliancesTelefónica expands into satIoT with Astrocast
Group flags testing of satIoT platform at Wayra hub in Germany. LEO venture expanding “reachability” of Group’s asset tracking systems into remote regions.
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PremiumTelefónica Tech teams with STC for security services
Strategic collaboration agreement with Saudi operator. Move follows security tie-ups in Southeast Asia.
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Venturing & InvestmentsTelefónica Innovation & Venturing Roundup: Group profits from Altiostar
One Wayra investment exceeds crowdfunding target while another enters Asia-Pacific; Hispam startup accelerator launches innovation call in Peru; Group makes tidy profit from Altiostar divestment.
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M&AFiBrasil straight into M&A action with Phoenix Fiber buy
Vivo said to have been collaborating with the Phoenix fibre unit since March 2019. Deal brings in a further 170,000 premises, with 310,000 to come.
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Venturing & InvestmentsWayra-backed Optimus Price exceeds crowdfunding target
AI retail startup raises more than €450,000 on CrowdCube. Optimus Price adds to Wayra’s retail tech activity.
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PremiumTelefónica finalises Telxius tower sale as infra deals flow
American Tower acquires last tranche of 31,000 Telxius towers for €7.7bn, with deal set to reduce Telefónica net debt by €4.6bn. Fibre InfraCos in Latin America ramp up, with KKR expanding its relationship with the Group. Digital businesses also restructuring with Telefónica Tech spreading its influence.
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Strategy & ChangeTelefónica shutters Innovación Alpha in slimdown
Group continues tidy-up of innovation engines, with wound-down Alpha finally put to rest. Final steps confirm 2020 indications that Alpha Health’s spinoff as Koa Health sounded a death knell.
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PremiumTelefónica Tech likes to be in Cloud Garden with IBM
Duo launches hybrid cloud enterprise solutions based on AI and blockchain. Aim to make omni-channel customer support services more efficient and improve supply chain management. New set of services leverages recently upgraded Cloud Garden, a joint Telefónica–IBM initiative.
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PremiumTelefónica claims inflection point as structure shifts
Despite changing perimeters and restatements making a clear view difficult, organic growth across the business offers promise. Guidance improved on positive first half for revenue and profit, but operating cash flow is retreating compared with FY22 goals. Net debt coming down after disposals and restructuring, and Latin American loans ...
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Partnerships & AlliancesTelefónica taps Viasat for Brazilian satcomms
Telefónica Global Solutions division ties with Viasat to target rural enterprise customers. Satellite communications an increasingly common alternative to terrestrial fibre services.
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PremiumTelefónica Innovation & Venturing Roundup: Open Future expands footprint
Open Future expands footprint in Spain and launches a call in Argentina; recent Wayra investments come good with VM O2 retail pilot and Movistar distribution deal.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Mistral goes live
Mistral goes live; Telefónica Tech gets sporty.
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PremiumTelefónica people moves: senior Vivo swaps
Vivo names executive changes including operations and talent directors. Wayra’s long-time leader Arias exits for Madrid VC. Truphone draws more tier-one expertise with former O2 UK Transformation Director promoted.
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Strategy & ChangeTelefónica Tech extends cloud reach in Brazil
TC&CT division snags 49.99% stake in Vivo’s CloudCo Brasil. Deal builds on TC&CT’s earlier purchase of CyberCo Brasil. Working in parallel with local operating businesses becoming a Telefónica Tech trend.