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.
Telefónica boss says plan to spin out VM O2 network operation is permanently off the table, with the Group’s strategic review prompting the operator to renounce the NetCo-ServCo split model…
The latest developments from Telefónica as group agrees deal to regain full control of fibre rollout activity in Brazil, gains legal win in UK Phones 4u case, and is highlighted as one of telco sector’s early quantum tech leaders. Read more…
Long-time Telefónica exec Elena Maestre has left Integratel Peru as the former Hispanoamérica operating business undergoes post-sale restructuring.
Spain and Brazil lead the way as Telefónica secures another quarter of organic growth in revenue and earnings…
Telefónica and European telco rivals position themselves for an anticipated wave of spend on network and IT strengthening in Europe, in response to political flux. Read more…
Telefónica firms up a second Hispam market exit in less than two months, agreeing to offload its Peruvian business to Argentinian investment group Integra.
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.
Cube Infrastructure Managers makes key leadership changes to drive its growth strategy forward, including the appointment of Xavier Martin to manage digital infra and telecoms investments, as well as a new COO and finance lead.
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.
2025 begins with Telefónica and rivals facing question marks over political and regulatory direction in Europe’s largest market, amid looming elections and continuing squabbles over distribution of spectrum in various bands. Read more…
Latest from the digital infra scene in the UK and beyond, including a DC sale in Ireland; UK fibre altnet plans from new INCA CEO Paddy Paddison; another Project Gigabit stumble; a world-first satellite claim from One NZ; plus strategic executive moves and plenty more…
Group secures agreements to upgrade mobile and IT in Germany, Peru, and Spain. In Brazil, Vivo finalises long-sought-after deal to ease financial and regulatory obligations associated with fixed-line telephony…
Struggling operator gears up for 5,000-tower upgrade programme, seeking to drive new efficiencies, improve customer experience, and get infrastructure ready for future 5G…
Group to conjure up fresh AI use-cases in Madrid alongside the government, with hopes of finding new implementations in public sector. Things are less rosy in Peru, where the operator is set to call off its new FibreCo joint venture with Entel and KKR. Read more…
Plan to create new Peruvian fibre joint venture taken off the table, after disagreements between the businesses over final conditions of the deal. Move marks another blow to Telefónica’s struggling local operating business. Read more…
Q3 FY24: Operator stays on track to meet end-year financial targets, maintaining underlying momentum, but macro challenges put a dampener on quarterly performance…
Q3 FY24: Management puts spotlight on improved, strategy-central free cash flow, as macroeconomic challenges in Brazil and Hispam hinder sales and profitability growth…
Alfonso Gómez Palacio says generative AI and “democratised” access to digital services set to help with training employees.
German operator confirms extended wholesale agreement with MVNO as it seeks to fill in future free cash flow hole left by loss of 1&1 deal.
New government decree outlines measures designed to help Telefónica Peru, Bitel, Claro, and Entel accelerate 5G rollout.