Restructuring Brazilian operator Oi is weighing up escalating offers for its mobile assets as a consortium of local operators compete with private equity‑funded infrastructure provider Highline. TIM Brasil may have most at stake in bidding, with speculation it would take the lion’s share of Oi assets.
Another social pact unveiled as COVID‑19 and currency falls combine to wipe €1.5bn off reported revenue, and shred profitability. Cash generation a priority as strict — and seemingly permanent — spending and investment restrictions are put in place. Telefónica Infra ambition emerging as plans for new wholesale fibre networks ...
Telefónica still intends to pursue legal action against former buyer Millicom. New agreement looks to have wiped $70m off the previously agreed deal.
Vivo forms partnership with Nokia to implement previously agreed LTE network at Vale mine. Nokia said the plan is to migrate the network to 5G in future.
Movistar Mexico is taking advantage of an enhanced 4G footprint. Wading in to battle with both the incumbent and edgier MVNOs. Data-driven price war.
Telefónica’s NatCo to launch 5G network on refarmed spectrum this week, as COVID-19 holds up frequency auctions.
Asset-light playbook repeated. BT to continue serving MNCs and retain local SoC.
Cybersecurity unit ElevenPaths looks ready to continue ambitious expansion. Former Chief Commercial Digital Officer Mariano de Beer takes on Independent Director role at Ribbon. Swaps at Wayra’s HispAm divisions.
In Colombia, Movistar makes a mark in the mobile market and Telxius bags an infrastructure contract worth €60m. Telefónica’s Internet para Todos hits its coverage targets in Peru.
Telefónica reportedly eyeing up €150m sale of twelve more DCs to Asterion. Also said to be angling for a stake in interrelated DC manager Nabiax. Same VC fund bought eleven Telefónica DCs in 2019, aiding Group efforts to alleviate debt and monetise assets.
Vivo Empresas forms partnership with bioenergy producer UISA.
Telefónica joined Restarting Together COVID-19 recovery programme, absent from ETSI’s E4P scheme, and one of 53 large companies to take a Bank of England emergency loan. TIWS test LEO satellite; ElevenPaths gets AWS security certification. Announcements across Telefónica’s core markets include ongoing 5G/China drama in the UK; Brazilian network-sharing ...
Telefónica Group alumni people movements for June-July 2020.
Telefónica people movements across European and Hispanoamérican OBs.