Infra-Tech – Page 9
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M&ACancom joins Telefónica Tech stable
Telefónica Tech picks up cloud and security specialist Cancom, as the Group’s growth-oriented technology division targets a strengthened UK presence. Move appears enabled by compete parameters in Virgin Media–Telefónica UK shareholders’ agreement.
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Venturing & Investments
Wayra buys into sustainable energy startup Solum
Open Future-accelerated Solum adds Wayra cash to funding pot. Embryonic startup to initiate recruitment drive and go-to-market expansion strategy. Move builds on existing relationship with Telefónica.
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Partnerships & Alliances
Movistar gives fitness startup Volava distribution leg up
Wayra interest Volava taps into Spanish OB’s customer base, with flexible payment options for its hardware. Movistar raises possibility that early-stage link-up could be expanded upon, as startup pounces on COVID-19-spurred exercising-at-home trend.
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Partnerships & Alliances
Telefónica ties with KKR again on Colombian fibre InfraCo
FTTH InfraCos spun out in Brazil, Chile, and Colombia this month. Latest agreement with KKR sets up InfraCo in Colombia. Chilean fibre venture with KKR finalised. FiBrasil infrastructure company launched in Brazil. InfraCo model lightens capital investment intensity for Telefónica.
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Strategy & Change
Telefónica quietly drops LUCA brand as Telefónica Tech takes over
Unclear whether the more high-profile ElevenPaths brand has also been retired. Former LUCA product AI Suite showcased at MWC, but still not widely marketed.
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M&A
Telefónica Tech preps for part-sale
Long-mooted divestment plan appears close to initiation, with reports indicating private equity interest. Division not the big-hitter it once claimed to become, but hoping to draw punters through M&A and partnerships. Downsized ambition and reset scope remind of last decade’s Telefónica Digital, where grand ambition faded away.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Telefónica Tech Ventures expands into IoT
Telefónica Tech Ventures expands into IoT; roads, manufacturing, and tourism targeted as Group continues to build “smart” business-to-business alliances.
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Venturing & Investments
Shopper tracking startup earns Wayra investment and O2 deal
Wayra UK dials up London-based startup’s already substantial financing. Investment sets the stage for a “multi-million-pound” retail partnership with the Group’s UK operator.
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Strategy & Change
Elsewhere in Telefónica Group: Nextory acquires e-book JV; Group joins handset sustainability drive
Nextory subsumes e-book JV; Group joins handset sustainability drive; Wayra plants capital in transcription and shopper-tracking startups.
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M&A
In detail: Liberty and Telefónica’s VM-O2 pre-nup
Three-year wait expected before a potential IPO of new joint venture, while both parties expected to remain involved in the business for at least five years. Telefónica reserving its right to go it alone in UK on IoT, cloud, and cybersecurity services. Liberty to get a board presence at ...
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M&A
Telxius completes European tower sale
Telefónica handed regulatory go-ahead for tower divestment, with German and Spanish sites handed to American Tower. Latin American portion to follow next year, pending approval. Submarine cables also up for grabs, with first bids reportedly received.
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Partnerships & Alliances
Telefónica Tech adds protective layer to TrustOS
Next-gen services arm strengthens TrustOS offering with data encryption services from new-found friend Entrust.
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Partnerships & Alliances
Telefónica moves further into edge zone with Microsoft
Group edge computing activity picks up pace with use-cases aimed at both consumer and enterprise customers, including a new cloud gaming platform.
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Venturing & Investments
Telefónica Venturing Roundup: Wayra reaches double figures
Wayra reaches double figures; Israeli startups sought for Rosetta use-cases; and Andalusian accelerator welcomes its latest cohort.
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Network & Infrastructure
Telefónica Empresas heads south in FON win
SUBTEL awards Telefónica’s enterprise unit the South macrozone in state-subsidised fibre project to narrow digital divide.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Siemens paired for smart buildings
Siemens partnered for smart buildings; Gilat wins teleport contract; Silicom selected for SME SD-WAN drive.
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Innovation (R&D)
Wayra widens scope of blockchain tech programme
Innovation unit’s Activation Programme blockchain stream now welcoming proposals from startups in “any sector”.
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Network & Infrastructure
DT ready to carve out “kingmaker” tower assets
Deutsche Telekom wants to carve out “all” of its towers across Europe, says CFO Christian Illek. Change in mindset comes following rapid rise in TowerCo valuations. Czech and Slovakian footprint next to be assessed for extraction from NatCos.
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Financial & Performance
Mystery of Telefónica’s vanishing digital revenue as Tech takes off
Hard-fought progress at the start to the year looks set to provide a base to hit guidance, with management seeming open to improving outlook as the year progresses. Group keeping its options open on monetising Hispanoamérica interests and its fibre infrastructure in Europe. Telefónica Tech is open for business ...
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M&A
Telefónica offloads DCs to Nabiax
Operator exchanges DCs for minority holding in Nabiax. Long-term housing services agreement established. Deal mooted to worth around €100m.
