All Laura Abasolo articles
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Public AffairsTelefónica Peru hands over €345m to end 20-year tax dispute
Operating business set to pay €345m to national tax agency, bringing an end to long-running case that has served as a source of uncertainty for Group’s strategic direction in a competitive and economically challenging market…
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Strategy & ChangeTelefónica said to refinance struggling Peruvian biz again
Group reportedly approves capital reduction and further investment in the country, as unit continues to seek a turnaround after reporting sales and earnings declines in FY23…
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Financial & PerformanceTelefónica FY23 Headlines: solid growth achieved
Increases in revenue, OIBDA, and free cash flow presented as a “solid foundation” for Group to spring forwards into fresh strategic cycle.
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Financial & PerformanceTelefónica FY23 Spend: operator makes room for free cash flow
Operator details plan to further reduce capital intensity with reduced capex and continuing to drive efficiencies.
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Financial & PerformanceTelefónica Infra moves closer to 30m full-fibre target
Spanish group reaffirms aim to pass over 100 million homes with fibre networks by 2026, helped by growing portfolio of specialist side-businesses.
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Financial & PerformanceTelefónica Hispam points finger at Peru after FY23 earnings dip
Hispam unit soldiers on with asset-light model, although FY23 sees an unwelcome dip in figures…
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Network & InfrastructureMovistar and Tigo go halves on Colombian 5G rights
Operator duo makes savings by teaming on 3.5GHz licence acquisition.
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PremiumFY24–26 spend: Telefónica ups the post-fibre ante
In a stark reflection of returns-constrained times facing industry, Telefónica grabs Capital Markets Day headlines with an ambitious investment reduction goal, rather than growth initiative.
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M&ATelefónica maintains ‘full optionality’ on non-core Hispam businesses
Q3 FY23: In strategy update, operator indicates it will continue to keep its trimmed-down collection of smaller Latin American assets on a strict cost control regime, flagging consolidation, divestments, and further NetCo ventures as possibilities to protect free cash flow in the next three years.
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Network & InfrastructureMovistar–Tigo network-share deal approved in Colombia
Superintendencia de Industria y Comercio green lights Movistar and Tigo infrastructure-sharing deal in Colombia, but no word on clearance from MinTIC.
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Financial & PerformanceTelefónica Q2 FY23 Headlines: Group holds steady
Group maintains solid growth across its operating businesses.
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Financial & PerformanceTelefónica Q3 FY22: Telefónica stays serene in the storm
Telefónica highlights the foresight and successes of its overall strategy. Heading towards a strong full-year performance, despite continued buffeting by global events.
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PeopleTelefónica tightens Hispam oversight with board recalibration
Telefónica’s Latin American division refreshes its Board of Directors, mirroring local leadership model employed at other Group subsidiaries.
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PremiumTelefónica Q2 FY22: Slimmed-down Hispam regains mojo
Strong performance by Hispam OBs, fuelled by mobile contract and broadband user acquisition.
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M&ATelefónica hives off Argentinian assets from Hispam division
Group approves creation of TLH HoldCo, an “independent economic unit” registered in Spain, to house its interests in Telefónica Móviles Argentina and Telefónica de Argentina.
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Financial & PerformanceQ1 FY22: Telefónica facing challenges with a spring in its step
Strong start to FY22 saw cross-examination on prospect of a quick upgrade on guidance for the year. VM O2 the odd one out as three of Telefónica’s core markets show strengthening operational performance and clear vision for market evolution. Telefónica Tech building momentum, but strategy of buying short-term growth ...
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M&ATelefónica 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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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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PremiumTelefónica Q3 FY21 Headlines: recovery gathers steam but jitters persist
Group describes results as “significant step towards economic and social recovery”. OBs put in a solid quarter, with Vivo and Telefónica Deutschland reporting gathering commercial momentum. First quarter for refashioned UK business. Telefónica Tech’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Centralisation of Hispam progressing, and ...
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PremiumTelefónica Q3 FY21: Wary Group sticks to plan as recovery builds
Operator maintains rebound from pandemic with growth in earnings and revenue, and confirmation of guidance. All major OBs in growth and Hispam changes look to be having impact. Executives appear wary of conditions, with inflation and coronavirus lingering. Lid kept on capex as Group asserts discipline. Infra-Tech M&A frenzy ...