The latest strategic and senior changes at Telefónica, including news that long-serving Germany chief Markus Haas is stepping down after nearly a decade in the job, and just months after signing a new deal…
Spanish group has now firmed deals to offload more than half of its regional business in Hispanoamérica, after gaining a nod from competition regulators for exits from Ecuador and Uruguay. Four further operations remain on Telefónica’s to-sell list as it re-directs resource and attention towards Brazil and Europe.
Spain and Brazil lead the way as Telefónica secures another quarter of organic growth in revenue and earnings…
Juan Vicente Martín Fontelles to become CEO of Telefónica Chile in the coming days, as the Group reportedly prepares to offload the unit as part of its long-running Hispam retrenchment programme.
Telefónica’s abrupt exit from Argentina has set off a regulatory chain reaction, but the Spanish operator maintains the deal is done and it is protected from the mounting legal challenges.
Strategic review to consider implications of “drastic changes” ahead in Europe, says new Group Executive Chairman Marc Murtra.
Telefónica announces a swift, abrupt — and seemingly final — exit from Argentina, progressing bid to scale back its regional footprint in Hispam, and reduce risk. While Telefónica Argentina sale attracts criticism from President Javier Milei, Telefónica indicates it is protected from any fallout.
Under new CEO, Group is on accelerating regional retreat, with at least four of Hispam division’s nine markets now in M&A spotlight. Exits being explored in Colombia, Mexico, and Argentina — representing well over half of Hispam revenue base. Peruvian business is placed in insolvency, meanwhile, after sale and infra separation plans stall.
Telefónica Argentina has reportedly caught the eyes of would-be purchasers in potential early test of how Group M&A strategy will shape up after the surprise appointment of new Executive Chairman and CEO Marc Murtra.
Group claims contribution to €500,000 funding round for Argentine insurtech player, made through Íope Ventures unit, is part of ongoing investment in fintech space. Operator also seeks to enable commercial synergies between Repihogar and other portfolio businesses. Read more…
Q3 FY24: Management puts spotlight on improved, strategy-central free cash flow, as macroeconomic challenges in Brazil and Hispam hinder sales and profitability growth…
Operator backs Perplexity’s AI engine with funding, a trade deal, and fresh TV services. Group also joins calls for more players to get on board with Ericsson API joint venture. Read more…
Operating business now offering symmetrical speeds of up to 2Gbps for first time, with Wi-Fi 6 router and optional TV bundling available. Service goes live in select regions as operator continues to expand fibre access across Argentina…
Alfonso Gómez Palacio says generative AI and “democratised” access to digital services set to help with training employees.
Telefónica España secures more than half of domestic rural 5G standalone funding from the government, while local Microsoft relationship taken into the realm of enterprise management.
Decent commercial performances in key markets, with Brazil again standout with cross-segment growth, and Hispam still in decline. Ramp-up predicted as FY advances. Read more…
Spain national interest card in play in strategic shareholder rejig reshuffle. Mobile network expansion in Germany, as fibre sector doubt viability of government’s long-term fibre deployment targets. Read more…
Entel cleared for Chilean fibre transfer
MinTIC reveals Telefónica will bid alongside Claro and WOM for 3.5GHz spectrum licences, with Telefónica also bidding through separate entity with partner Tigo.
Operator bids for half as much 5G spectrum as rivals in controversial tender.
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.
Telefónica Argentina signs three‑year deal with Kyndryl to manage hybrid cloud infrastructure and boost IT automation.