Latest Telefónica News – Page 73
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Public Affairs
Telefónica sacks security execs in fraud probe: reports
ElevenPaths’ partner relationships under scrutiny as Group looks into dealings within managed security services unit. Report ties investigation with Govertis takeover in 2020, and senior executive reshuffle flagged in February.
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Suppliers & SCM
O2 heads down under for customer tech refresh
Australian software provider Hansen joins gang of suppliers working on German OB’s wide-reaching digital transformation. Vendor sees potential to expand its footprint to other Telefónica geographies. O2 front-loads licence purchases.
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Premium
Telefónica people moves: Cybersecurity & Cloud CIO named
Flavio Reis takes CIO job at Telefónica Tech’s Cybersecurity & Cloud unit, with ElevenPaths’ Sarwat also joining the ranks. Brendan O’Reilly gets replaced by Telefónica Mexico CTIO on the Cornerstone board, suggesting a new O2 UK CTIO may be in the works. Burzako fills in Oslé’s Movistar+ vacancy in ...
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M&A
MiNODES brought in house as Telefónica NEXT shuts up shop
Data analytics acquisition MiNODES brought closer to O2’s core business. Telefónica NEXT now fully disbanded, with Germany Business Sales in its place.
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People
O2 looks to Mexico for access network leadership
Telefónica Mexico CTIO has replaced O2’s exiting Brendan O’Reilly on CTIL board and is taking a broader network leadership role in the UK. Successfully piloting Movistar Mexico’s customer migration to the AT&T access network means incoming Calvo may be able to offer valuable support as Virgin Media/O2 tie-up draws ...
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Partnerships & Alliances
SEAT and Telefónica ramp-up Spanish e-vehicle charge
Operator’s involvement in carmaker’s “flagship”, vertically-integrated EV plan confirmed. Group to enable Industry 4.0 applications in Barcelona-based smart factory. SEAT parent calls for more EU action to enable EV market expansion.
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Network & Infrastructure
Vivo taps CDPQ for fibre spin out, as KKR invests in Chile
Telefónica|Vivo signs a 50:50 deal with Quebec-based investor to launch FiBrasil. Wholesale fibre provider will expand Vivo’s geographic reach, while the OB focuses on upgrading its existing fixed-network footprint. Long-heralded $1bn Chilean InfraCo plans culminate with KKR taking 60% stake.
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Venturing & Investments
Wayra levels up with co-operative gaming investment
Telefónica open innovation hub puts gaming and e-sports in its investment crosshairs, drawing together fellow venturers for “up to €2m” commitments. Fourteen funds participate in this year’s Coinvestment Day.
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People
Telefónica moves: Oslé named Spain CEO; Almazor heads up Cloud
Newly-formed Unsere Grüne Glasfaser FTTH joint venture names a handful of team members ahead of anticipated approval. Movistar CEO rotates to lead Telefónica Tech’s Cloud unit, while Sergio Oslé takes the Spain spot. New strategic planning lead at Group-level.
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Financial & Performance
Telefónica wobbles over 2020 finish line, targets stability
Revenue and OIBDA drop 11% as double-whammy of COVID-19 and currency fluctuations hit. Guidance on cash flow just about achieved, while FY21 focus will be on stabilisation. Dividend reduced by 25% as COVID-19 challenges continue, and 5G auctions loom. Telefónica Infra picking up minority stakes in Group infrastructure as ...
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Innovation (R&D)
Open Future Call I: Telefónica eyes ‘revolutionary’ tech
Open Future hubs across Spain prep for first 2021 intake. Group seeks to highlight role in job creation amid present challenges.
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Network & Infrastructure
Movistar Chile secures 3.5GHz spectrum
Movistar makes highest bid for 5G-friendly 3.5GHz spectrum amid uncertainty over its future within the Telefónica Group.
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M&A
Telefónica to swap more data centres for Nabiax stake
Four data centres are said to be on the table, with a 20%-stake in Asterion subsidiary Nabiax the price. Nabiax-Telefónica JV reportedly in the pipeline to manage the estate.
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Network & Infrastructure
BNetzA reviewing O2’s 4G catch up claim
OB says it made good on main part of 2020 network expansion promise. But BNetzA yet to verify coverage claims. Difficulties hitting coverage targets along transport routes remain.
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Venturing & Investments
YBVR earns extra Wayra investment for XR platform
Extended reality startup raises $1.5m in Pre-Series-A round, with Wayra increasing its initial investment. YBVR’s Verizon partnership bolstered. Wayra continues to bet on AR/VR/XR.
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Products & Services
Telefónica’s Chema Alonso ‘to drive Spanish press Netflix’
Telefónica Chief Digital Consumer Officer will reportedly lead the project, dubbed the “Netflix of the press”. EU reconstruction funding said to be on the cards.
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Network & Infrastructure
Virgin Media preps Lightning for post-JV world
Liberty Global confident of JV clearance, and anticipates Telefónica talks on ambitious and aggressive fixed-line rollout. Liberty’s Sky relationship appears key, with prospects for collaboration heightened by a friendly face at the helm. Meanwhile, Virgin Media appears to be finally embracing PIA from Openreach for cheaper fibre rollout.
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Network & Infrastructure
Telefónica fires starting gun on Drillisch 5G
Spanish giant’s German operations finally agrees national roaming deal with country’s would-be fourth MNO. Paves way for 5G rollout by Drillisch. TowerCos circle market entrant for new business.
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Enterprise (B2B)
Telefónica drone-security platform takes flight
Operator comes out of trial phase with creation of new international platform. Number of clients said to already be in pipeline, with UK-based drone control specialist one active user. Speciality in security-oriented use-cases emphasised.
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