Latest Telefónica News – Page 66
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M&ATelefónica (finally) exits Costa Rica
Group finalises long-awaited divestment. Final transaction price is $538m, around $40m short of previously agreed deal. Movistar marque utilised by Liberty as it pursues multi-brand strategy in Costa Rica. Former Movistar Costa Rica exec to head operations.
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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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M&ARakuten acquires Telefónica open RAN investment
Rakuten to acquire Altiostar, Telefónica minority investment and “partner of choice”. Telefónica relationship with the US-based open RAN specialist extends beyond stake holding, with collaboration in network development and deployment in Europe and Latin America.
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Partnerships & AlliancesVivendi reignites Telefónica relationship with new stake
1% shareholding set to be just the start of a closer alliance and reflects the media group’s enthusiasm for strategic telco partnerships. Partnership opportunities exist across the Telefónica footprint, but Spain appears the main area of interest for Vivendi. The move reverses earlier Vivendi exit as a Telefónica investor, ...
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PeopleVivo CIO segues into FiBrasil top job
Telefónica’s new FibreCo JV names Vivo veteran as CEO. CIO vacancy opens up at Brazil OB.
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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.
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Venturing & InvestmentsTelefónica ploughs second batch of funding into “critical” Nozomi
Group’s Tech Ventures vehicle adds to funding in industrial cybersecurity player Nozomi Networks. Telefónica Ventures MD Gawendo talks up the value of the tie-up as Group seeks to beef up IoT security capabilities. Additional investment strengthens relationship between the commercial and strategic partners, started in 2020.
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Strategy & ChangeVM O2 preps for wholesale with code powers application
Concerns over securing acceptable commercial terms for key sites on VM O2 network behind request for additional tenancy rights. Code-based flexibility will simplify the process of enabling wholesale access to sites, while supporting potential network expansion.
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Financial & PerformanceTelefónica’s alarms JV accelerates sales
Partner Prosegur sees JV outpacing growth of its standalone alarms business. Security group open to alliances in areas where it is not already present.
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M&AVivo open to fibre M&A via new FiBrasil JV
CEO Christian Gebara signals interest if the price and quality is right. Brazilian fibre market becoming increasingly competitive.
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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 & InvestmentsWayra 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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Strategy & ChangeTelefónica’s Rao hails bold approach to customer tech refresh
CTIO highlights ‘co-creation’ role played by partners such as Salesforce.
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M&AVivo set for a longer wait as CADE rules Oi deal is complex
Regulator to take its time to examine Oi divestment in detail. Decision confirms fears that closure will likely take place in 2022. Suggestion raised that deal could even be rejected.
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PremiumVM O2 bites bullet and pledges fibre future
A future upgrade of VM O2 fixed infrastructure will see coaxial cable edged out and fibre deployed throughout the operator’s footprint. Switching to XGSPON instead of DOCSIS 4.0 pricy, but manageable within modest budgets and with multiple longer term benefits. Pragmatic approach to fibre is partly driven by the ...
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Products & ServicesMovistar+ sets stage for aggregator play in Spain
New CEO Cristina Burzako restructures and refocuses strategy. Focus tightening on partnerships and customer experience, but original content and exclusive sport remain important differentiators. Amidst Movistar+ revamp, Telefónica faces big decisions and bigger bills for content rights.
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Partnerships & AlliancesMovistar 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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Network & InfrastructureGerman MNOs face “Herculean” flood recovery projects
O2, Telekom Deutschland, and Vodafone make headway in respective network restoration efforts after flash floods take out networks. Portable base stations plugging gaps left by damaged fibre.
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Suppliers & SCMTelefónica says continuity vital in 5G SA supplier selection
Operator confirms longstanding network partners Ericsson and Nokia as 5G SA radio suppliers. CTIO claims provider has the “best technology partners” that can help develop 5G “at the highest level of quality”.
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Partnerships & AlliancesTelefónica 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.