Targets on profit and revenue for the year achieved, but Group now guiding for a period of ‘low and slow’ progress on key financial metrics. While financial growth looks hard to come by, Álvarez‑Pallete is aiming to create a higher purpose for Telefónica and drive engagement with his transformation ...
Group‑wide commitments made to maintaining network capacity in light of changing demand. Cisco and Microsoft partnerships enabling additional enterprise customer support. Consumer benefits include temporary free content and information access, and leeway on data use. Cooperation with public administrations and local rivals seen across the Telefónica footprint.
FY19 results the first since a tightened focus on four major markets. Volatility in Hispam business seen as justification for focus on key regions.
Group joins Telco Edge Cloud alliance to promote “federation of interconnected operators”. Work with China Unicom, KT, and Telstra on improving multi-operator MEC experience. Goal is to better expose network edge capabilities to third parties. Telefónica throws hat into ring of another alliance to speed up 5G MEC commercialisation. ...
Mavenir solution to slot into operator’s UNICA data centre infrastructure. Timelines hazy for commercial launch.
Round‑up of recent activity among Telefónica-backed startup and venturing ecosystems.
Phones 4u administrators expected to highlight an absence of information from former Group management as reason for suspicion that O2 UK may have put undue commercial pressure on the retailer.
Movistar Prosegur Alarmas JV started operations in March 2020. Prosegur becomes minor Telefónica Group shareholder as part of transaction.
Rival claims foul play in behind-scenes negotiations with Disney.
Markus Haas, Chief Executive of Telefónica Deutschland, shrugged off a provisional network-sharing tie‑up between rivals Deutsche Telekom (DT) and Vodafone Germany, and the associated snub received by his business.
Telxius is cooperating with Orange to supply backhaul connectivity for Dunant, a Google-backed submarine cable connecting Europe and the USA.