Infra-Tech – Page 15
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PremiumElsewhere 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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PremiumTelefónica people moves: comms overhaul to support New Telefónica
Global Communications Department set to open offices in London and New York, with leadership now in place.
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Venturing & InvestmentsTelefónica 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&ATelefónica receives bids for minority stake in Spanish rural FibreCo
Spanish media suggests either 45% or 49% is up for grabs.
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OperationsTelefónica 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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Network & InfraVantage gains build wiggle room with Vodafone deal change
TowerCo builds production speed and “optionality” by securing licence to outsource part of its site expansion work for Vodafone Germany.
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Financial & PerformanceQ1 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&ATelefónica Tech acquires German data services player
Deal for data analysis outfit completed in transaction worth up to €350m.
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InnovationTelefónica 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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Venturing & InvestmentsWayra invests in ‘Spanish Google Drive’
Cloud storage provider Internxt receives cash injection in new funding round. Security-focused business hopes to grow “even faster” with newfound support.
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Venturing & InvestmentsTelefónica takes stake in deep-tech investment fund
Leadwind, launched between Telefónica and K Fund last year, raises €140m in first closing. Telefónica named largest private backer, with Spanish government’s innovation fund among public support.
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PremiumTelefónica people moves: advisory swaps at Tech
Telefónica Tech adds Jaime Bergel and Eva Fernández to its Advisory Board, taking membership to 14. New operations lead added to Technology functions in Brazil and Germany. Jaime Smith Basterra replaces long-serving Telefónica non-executive Peter Erskine on the O2 Germany Supervisory Board. VM O2 commits to establishing a FinOps ...
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OperationsVivo refocuses M&A strategy with CVC launch
Vivo Ventures expected to become one of the largest CVCs in Brazil. Plans to invest BRL 320m across a number of startups over the next five years.
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PremiumTelefónica Innovation & Venturing Roundup: Open Future & Wayra on the lookout
Open Future and Wayra launch fresh startup calls; smart port developments in Valencia; co-investments promised in Spanish sports-tech.
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Strategy & ChangeTelefónica’s Cerdán eyes M&A in Brazil, Germany
Telefónica Tech will also look at moving into markets outside Group footprint. Tech division now has about 4,000 employees. CEO downplays 2019 aims, but highlights unit’s double-digit revenue growth in 2021. No open processes on potential sale of minority stake in division to a financial investor.
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PremiumElsewhere in Telefónica Infra-Tech: AI tech released for Drones
Telefónica Tech homes in on drones’ development; ties with Éxxita Be Circular to establish European Green Tech Passport for electronic equipment.
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PremiumRural network spin-off plan revived
New FibreCo to hit the ground running with contribution of existing customers and infrastructure. COO alludes to desire to ‘trigger consolidation’ of altnet fibre space. Spanish FibreCo to have a regional focus, with a nationwide InfraCo ruled out. Search now underway for investors to take a minority stake in ...
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Network & InfraTelefónica puts price on Spanish FibreCo — reports
Group appoints AZ Capital and BBVA to support stake sale in rural fibre business. Pension and private equity funds among prospective buyers.
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Public AffairsÁlvarez-Pallete lambasts regulators for being stuck in the past
If WhatsApp et al are not regulated, then neither should Telefónica, he says. Álvarez-Pallete accuses Spanish regulator of dragging its feet over reforms.
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M&ATelefónica Tech boosts Microsoft partnership with Incremental acquisition
Incremental Group to be integrated into Telefónica Tech UK&I. £175m fee dependent on future performance. Acquisition sees Telefónica Tech UK&I become one of Microsoft’s largest partners in the UK.