All Spain articles – Page 28
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MarketingTelefónica has a change of plan on convergence
Fusión brand set to be replaced after a decade as totem for Group’s convergence strategy. Move comes with convergent ARPU and acquisition in stall. New service to draw on Group’s prolific recent recruitment of partners such as Microsoft, Prosegur, and Teladoc.
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Partnerships & AlliancesOrange leans on DT buying ties to counter inflation
Executives lay out anti-inflation toolkit in macro risk-inflected Q1 results call. BuyIn joint venture with DT highlighted as having an important role in dampening cost pressures. African ops described as “resilient” to Ukraine war shockwaves.
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Venturing & InvestmentsWayra invests in ‘Spanish Google Drive’
Cloud storage provider Internxt receives cash injection in new funding round. Security-focused business hopes to grow “even faster” with newfound support.
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Venturing & InvestmentsTelefónica takes stake in deep-tech investment fund
Leadwind, launched between Telefónica and K Fund last year, raises €140m in first closing. Telefónica named largest private backer, with Spanish government’s innovation fund among public support.
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M&ATelefónica’s Vilá welcomes merger of rivals in ‘fragmented’ Spanish market
Telefónica COO again questions whether Telefónica should now be seen as a dominant player. Vodafone said to be exploring options for its fixed assets in Spain.
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PeoplewatchTelefónica-backed content studio renews board
Buendía Estudios elects Gayo Chair, with equal representation from Telefónica and co-parent Atresmedia. Telefónica influence through Movistar’s Oslé, Movistar Plus+’s Burzako, and HQ’s Navarro.
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PremiumT-Sys extends Spanish hiring spree to Reus centre
T-Systems Iberia to hire 300 employees in Catalan city. Move runs in parallel with expansions in Barcelona and Granada. Spanish unit claims to be experiencing rapid growth and seen as positioning for NextGenerationEU recovery funding opportunities.
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PremiumElsewhere in Spain: Zoom added to Movistar Home
Movistar Prosegur Alarmas revs customer growth; Living Apps expand with Amazon, Twitter, and Zoom among the newcomers.
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PremiumTelefónica FY21: ‘Core Four’ keep playing to strengths
Telefónica|Vivo making headway on digital services and premium propositions. O2 Germany reaping success of investment in network upgrade. Telefónica España defending high-value customers, but wants a TV market rethink. VM O2 focused on fibre to deliver a convergence challenge.
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PremiumRural network spin-off plan revived
New FibreCo to hit the ground running with contribution of existing customers and infrastructure. COO alludes to desire to ‘trigger consolidation’ of altnet fibre space. Spanish FibreCo to have a regional focus, with a nationwide InfraCo ruled out. Search now underway for investors to take a minority stake in ...
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Public AffairsCNMC pledges post-merger review of Telefónica regulations
Proposed merger of Orange with MÁSMÓVIL would create largest player by subscribers. CNMC President will seek to balance obligations of telcos with those of digital platforms. Regulator reports on football rights contracts are being ignored.
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Network & InfraTelefónica puts price on Spanish FibreCo — reports
Group appoints AZ Capital and BBVA to support stake sale in rural fibre business. Pension and private equity funds among prospective buyers.
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OperationsDT outlines ‘digital experts’ upskill target
2021 Annual Report sets 17% digital workforce target within three years. Places emphasis on in-house digital upskilling; recruiting outside digital talent seen as “challenging”. Overall FTE headcount drops 4% year-on-year, but Group still manages to hire more than 8,000 employees outside the USA with focus on IT and technical ...
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M&AVivendi head sees Telefónica–Prisa “synergies” as acquisition rumours continue
Arnaud de Puyfontaine wants strategy alignment with “common vision”. Local reports claim Spanish Prime Minister Pedro Sánchez “does not look favourably” on potential Vivendi involvement with Telefónica. Atresmedia also in the frame as part of convoluted acquisition scene in Spain.
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M&AFormer Telefónica business Atento seeks sale — reports
LatAm contact centre operator hires Goldman Sachs to advise on options, with sale on the table, according to Bloomberg. Telefónica partner and former subsidiary sees share price spike on news.
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Venturing & InvestmentsWayra teams with Iker Casillas on sports tech investment
Telefónica hub enters collaborative venturing partnership with SportBoost targeting sporting innovation. Wayra seeks stake in sports technology future and offers financing, networking, and business development in return.
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M&AVodafone Spain faces new challenge as MÁSMÓVIL turns to Orange
Planned JV would become biggest mobile operator in Spain with more than 20 million subscribers. Vodafone left with fewer options in Spain as two nearest rivals join forces.
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Content & TVMovistar Plus+ lays out international content distribution strategy
Movistar Plus+ Internacional division established to drive original, Spanish-language productions in overseas markets. Buendía Estudios and Sony executive Valenzuela installed to lead the unit. Content partnerships prioritised, with distribution brought closer in-house.
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Financial & PerformanceMovistar Prosegur Alarmas revs customer growth
Telefónica’s home security joint venture partner Prosegur pleased with performance and value created from MPA in Spain. Good start for Telefónica partnership in Colombia, as Prosegur looks to replicate Spanish JV model in Latin America.
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PeoplewatchVodafone Spain names new Digital Director
Esther Colmenarejo replaces Bosco Aranguren, who leaves to head DAZN’s Spanish operations. Appointment continues management revamp at challenged Spanish unit.