All Spain articles – Page 19
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Strategy & Change
Telefónica preps for 2,000+ job cuts — reports
Spanish operations look set for voluntary redundancy scheme rollout, according to multiple sources. Continuation of ongoing headcount reduction programme expected to be in place by mid-2022 following union negotiations later this month.
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Partnerships & Alliances
Prosegur plots LatAm expansion with “ally” Telefónica
Prosegur outlines plans to copy-paste Movistar Prosegur Alarmas JV model in overlapping LatAm footprint. MPA continues to grow customer base in latest results.
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Products & Services
Telefónica “aiming for deflation” in La Liga rights tender
League offers up to five-year contracts, ignoring regulator advice. Depreciation anticipated following Lionel Messi departure. Companies have until mid-December to apply.
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Strategy & Change
Elsewhere in Systems Solutions: OVHcloud’s IPO
IPO to fuel Europe’s “cloud champion”; T-Sys’s Spanish unit reveals new HQ; sustainability concerns presented as commercial opportunity.
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Premium
Telefónica people moves: Group seeks strengthened government relations
Juan Montero takes over public policy and competition remit, with reshuffled reports in support. A direct swap on the Group’s Board sees María Rotondo Urcola fill Sabina Fluxà Thienemann’s shoes. Vivo names a successor for its vacant CIO spot. VM O2 builds out a marketing team to grow its ...
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Operations
Unions eke out concessions on Vodafone Spain cuts
Operator firms up yet another business overhaul. Deal made to outsource remaining retail outlets rather than close them as part of job cull. Terms agreed for voluntary redundancies and retirements.
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Operations
Telefónica turning Madrid HQ into digital skills factory
Group ups corporate social responsibility efforts by dedicating real estate to societal pursuit of digital adaption. Talent Hub aims to re-skill 100,000 people per year. Internal skills upgrade high on Group agenda.
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Strategy & Change
Elsewhere in Vodafone Europe: VfD’s joy over Telekom Deutschland fibre ruling
VfD gets one up on rival Telekom Deutschland over FTTP; VfUK flags progress in trials with Ericsson on reducing massive MIMO energy consumption.
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Products & Services
Fortinet secures Telefónica SD-WAN for hybrid work era
Telefónica Tech launches evolved flexWAN proposition, addressing the cybersecurity demands of ‘new normal’ hybrid working. Longstanding security partner Fortinet tapped for updated offering. Spain first, rest of Telefónica footprint to follow. Fortinet ups engagement with telco players.
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Suppliers & SCM
Oracle picked for Telefónica’s on-prem cloud migration
Telefónica España expands relationship with Oracle with a switch to on-premises cloud infrastructure for mission-critical BSS/OSS. Architecture consolidation and simplification the primary motivator, but cost savings and data regulation also benefits. Wider public cloud migration potentially on the cards.
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Premium
NEC solidifies SI position in Telefónica’s open RAN push
Japan-based vendor to coordinate live trials in four key markets. German open RAN trial seen as springboard for NEC’s leap into wider Group sphere.
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Network & Infrastructure
Citi said to be charged with Telefónica Spanish infra sale
Rumours continue to circulate around Telefónica’s fibre monetisation plans in Spain. Investment bank understood to have valued Spanish fibre infrastructure at €14bn. Sale speculation comes despite Telefónica classing its Spanish fibre infrastructure as a “strategic asset”. Report suggests Group is seeking resources to finance investments in 5G and digitisation. ...
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Operations
Vodafone Spain’s downsizing plan under union scrutiny
Operator proposes to outsource remaining retail outlets, rather than close them as part of job cull. Unions want assurances that employment is “guaranteed” and that outsourcing of workers is voluntary.
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Strategy & Change
Elsewhere in Telefónica Core Markets: Prosegur JV ties with Santander
AMC Networks files arbitration claim against Telefónica in Spain; security JV Movistar Prosegur Alarmas ties with Santander.
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Suppliers & SCM
Telefónica inks three (more) PPA deals
Spanish OpCo procuring just shy of 600GWh of electricity through fixed-priced PPAs. Acciona key player in Group-wide carbon-cutting push.
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M&A
Telefónica mulling Spanish infra stake sale?
Rumours circulate that Group is discussing fibre monetisation in Spain. Between five and ten funding vehicles reportedly put hats in the ring, as Group sounds out market interest. Sale speculation comes despite Telefónica classing its Spanish fibre infrastructure as a “strategic asset”.
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Strategy & Change
Vodafone Spain sets sights on retail electricity market
Vodafone Spain enters electricity services space with new Vodafone Energía subsidiary. Unit targeting territories outside its footprint. Precedent set by rivals as telcos seek market differentiation.
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Venturing & Investments
Wayra adds e-sports brains to portfolio with Wiper buy-in
Wayra Family unit makes co-investment in Spanish ed-tech platform developer Wiper Gaming. Investment likely to be in line with previously mooted “up-to-€2m” commitment.
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Network & Infrastructure
Portugal’s auction pain continues as Spain shines on digital
Sale process now at 178 days and counting. Nick Read continues to sing praises of Spain’s example on digitisation. The CEO again warns that Europe is lagging on 5G and digital infrastructure.
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Strategy & Change
Elsewhere in Systems Solutions: oneclick expands partnership
oneclick expands partnership; Telekom Security offers training tools.