Latam – Page 11
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Premium
Telefónica Innovation & Venturing roundup: four fresh investments
Wayra expands portfolio with four fresh investments.
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Premium
Telefónica people moves: German fibre JV swaps CTIO
Unsere Grüne Glasfaser brings de Santos in for Vílchez, whose ‘development’ work has come to a close.
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Public Affairs
Telefónica dragged to fringes of Colombian election fraud claims
Spain’s far-right political party Vox has called into question the role of integrator Indra Sistemes in Colombia’s elections, also bringing other Spanish companies into the spotlight.
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Elsewhere in Hispanoamérica: Mexico to reap rewards of AT&T migration from November
AT&T network migration to start making cost savings for Telefónica Mexico from November 2022.
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Premium
Telefónica ramps up Ecuadorian tower plans
Operator recruits Tower One Wireless to build sites and finance equipment.
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Premium
Vivo taps AWS, Nokia for 5G SA core
Brazilian OB is firming up key players in its multi-vendor 5G ecosystem.
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Premium
Elsewhere in Brazil: Viasat contract extended
Telefónica|Vivo ponders BRL 3.5bn unsecured loan.
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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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Premium
Telefónica signs OneWeb to strengthen rural coverage
Low-Earth orbit satellite provider OneWeb signs MoU with Telefónica Global Solutions to deliver cellular backhaul in Europe and Latin America.
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Telefónica 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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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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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
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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Venturing & Investments
Telefónica 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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M&A
Oi sale completed following two-year wait
Consortium featuring Telefónica|Vivo, América Móvil’s Claro Brasil, and TIM Brasil concludes BRL 14.5bn deal for Brazilian operator’s mobile assets. Move will bring a “new infrastructural balance” to the market. Initial interest was mooted in March 2020, with Oi having filed for bankruptcy in 2016. Telefónica|Vivo to net 12.5 million ...
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Premium
Telefónica 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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Operations
Vivo 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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Premium
Telefónica sets vision for rural connectivity
Internet para Todos joint venture inspires regional, rural manifesto. Proposed changes include calls for regulatory change and investment incentives. Lessons learnt in neighbouring markets implemented in IpT’s Peru home.
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Premium
Elsewhere in Telefónica Hispanoamérica: Eco Rating Scheme introduced across markets
Eco Rating system extended to Hispam; Chile preparing for 5G auction; FTTP rival Mundo acquired by DigitalBridge.
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Strategy & Change
Telefónica’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.