Latest Telefónica News – Page 56
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PremiumOi mobile sale gets pass, just
Regulators give green light to contentious carve-up of Oi Group’s mobile assets between Vivo, Claro, and TIM. However, Brazil’s Federal Prosecutor’s Office to probe how sale was conducted. Prosecutor cites competition concerns and recommends “administrative proceedings” to investigate collusion among trio to exclude other interested companies. Oi claims sell-off ...
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PremiumElsewhere in Telefónica Infra-Tech: 5G network launched at Viscofan production centre
Telefónica launches 5G network for Spanish smart factory; Intel joins smart road journey; ElevenPaths to deploy document security services for Spanish government.
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Network & InfrastructureVM O2 seeks partners for £1bn fibre rollout
Telefónica and Liberty Global said to be contacting investors soon. Move would underpin aim to turn JV into “national fixed–mobile champion” to rival BT. Reports say VM O2 wants to bring fibre to seven million extra homes.
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Content & TVTelefónica eyeing new industrial partners for Movistar+
Early-stage consideration reportedly underway on partnership that would see Telefónica bring in new investor for domestic pay-TV platform and international production interests. North American Spanish-language media merger may provide template for closer links between platforms and content. Movistar+ rebranding underway to further differentiate service from core offerings.
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PeopleTelefónica’s Álvarez-Pallete elected to GSMA top spot
Group Executive Chairman takes to the helm, replacing Orange’s Stéphane Richard. “Strategic direction” under Álvarez-Pallete’s oversight for two-year tenure.
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PremiumTelefónica targets Industry 4.0 with edge compute tie-up
Telefónica Tech signs Grupo Álava strategic agreement to develop a predictive maintenance solution for industrial use-cases. Sharpens focus on Industry 4.0 solutions suite after recent Geprom acquisition.
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PremiumElsewhere in Telefónica Group: Álvarez-Pallete’s “digital slavery” warning
Álvarez-Pallete issues stark warning over “digital slavery”; Group connects to Wi-Fi network.
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PremiumTelefónica Innovation & Venturing Roundup: Wayra investments showing growth
Wayra highlights growth in 2021’s investments; Wayra Chile completes exit; Telefónica takes EU funds for innovation hub.
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M&ARegulator approves Oi sale
Decision confirmed, subject to conditions, after Brazilian regulator Anatel postponed ruling last week. A board member had asked for additional time to review sale to a consortium featuring Telefónica|Vivo, Claro Brasil, and TIM Brasil. Final approval still required from competition authority CADE.
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Public AffairsTelefónica handed EC fine for Brazilian non-compete deal
Decade-long proceedings close with Telefónica — along with Pharol — ordered to hand over €79m for antitrust breach. European Commission findings upheld despite yo-yoing, with final charge held for Telefónica and down slightly for Pharol.
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OperationsStaff start exit as Telefónica redundancies tallied
More than 2,000 applications come in for early retirement. Operator rejected 105 requests
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Network & InfrastructureSubmarine cable vulnerabilities surface
Malicious threats loom, but accidental damage more common. Russian aggression, underwater volcanoes, fishing and anchoring roil subsea cable networks. Difficult to prevent damage, resiliency is best protection.
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Strategy & ChangeTelefónica e-learning unit rehoused to target enterprise
Telefónica Educación Digital moves under Group’s Filiales unit, alongside the likes of the Prosegur Alarmas JV and retail manager Telyco. Reorganisation said to benefit business’s enterprise ambitions. Digital education solutions and services cropping up across Telefónica’s Spanish operation.
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Network & InfrastructureTelefónica España shifts data analytics to cloud with Teradata
Teradata’s Vantage said to have offered “fastest and lowest-risk” cloud analytics migration project. Extends long-term Teradata relationship to migrate from on-premise. Taps into Group’s Google Cloud data lake.
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PremiumTelefónica actions inflation-linked pricing
Virgin Media O2 customers to face steepest rise in broadband and mobile prices, but all UK customers will be impacted. 11% price hike in April a necessary part of network investment, VM O2 spokesperson claims.
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Venturing & InvestmentsWayra continues blockchain drive with ‘climate marketplace’ investment
Telefónica’s innovation hub takes part in €7m Pre-Series-A round. ClimateTrade utilises blockchain tech to help its clients reach carbon neutrality.
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Network & InfrastructureTelefónica’s PangeaCo begins operations in Peru
Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.
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Financial & PerformanceTelefónica issues further €5.5bn in green bonds
ESG remains in the Telefónica spotlight with more refinancing at the Group. Decarbonisation and increased executive diversity the criteria for success. Group edges closer to €10bn total volume ambition.
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Public AffairsOfcom details O2 UK ‘carelessness’ in billing investigation
Regulator publishes 74-page document highlighting the extent of O2 UK feet-dragging in its investigation as to why the operator overcharged customers during a seven-year period. Demands O2 UK review its processes and systems to ensure accuracy and completeness of responses to information requests in future. Restates view that £150,000 ...
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Network & InfrastructureGroup to sell Spanish copper amid infrastructure tidy-up
Cinco Días report claims private equity firm Macquarie will take over sections of legacy infrastructure from Spanish incumbent, boosting its network assets in the country. Telefónica’s focus remains on hitting a 2025 target for completing its fibre network. While Macquarie comes in, KKR exits Telxius as Telefónica and Pontegadea ...