All Spain articles – Page 28
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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.
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Operations
Vodafone Spain staff set for more redundancies
Challenged Spanish OpCo initiates plan to remove another 500-plus people from its headcount. Another large-scale downsizing move made under cover of Digital Telco transformation, and as fodder for Group’s centralisation-led efficiency plans.
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Premium
Vodafone Q1 FY21–22: ‘Phase two’ relaunched with M&A sweetener
Some hints of compromise with City overseers as Vodafone re-seeds post-pandemic, digital-led growth plan. New Chairman van Boxmeer appears to be lighting a fire under Group mindset and strategy. M&A talked up as a lever to help Vodafone in the push to revive growth. Another chunk of Vantage could ...
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Premium
Vodafone Q1 FY21-22 Guidance: all quiet on capex front
Group unsurprisingly “firmly on track” to meet heavily caveated free cash flow target. Plan for spend “step-up”, highlighted in May 2021, appears yet to be firmed up after causing City consternation.
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Strategy & Change
Elsewhere in Telefónica Core Markets: O2 Business launches Managed Microsoft 365
Regulatory battles continue in Spain with mixed results; Movistar scores Italian football rights renewal.
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Public Affairs
Movistar builds defence against CNMC F1 rights decision
Operator to take Spanish regulator to national court over antitrust complaint lodged in August 2021. Telefónica’s F1 deal with DAZN in the spotlight of fresh DTS terms troubles.
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Premium
Telefónica shuts down 1,000 copper exchanges
Reaches milestone five years after the shutdown programme began. La Audencia Nacional annuls €3m CNMC fine on treatment of wholesale DSL customers. Green measures introduced in 2020 mean operator “on track” for net-zero emissions by 2025.
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People
Vodafone’s Vicente joins Ericsson as Iberian CEO
Andrés Vicente, Vodafone Spain’s Consumer MD, appointed President and CEO for Ericsson’s Iberian footprint. Vacancy remains at Vicente’s seat on Deegan’s executive table.
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Strategy & Change
Elsewhere in Vodafone Europe: partnerships secured to showcase 5G
Vodafone OpCos secure partnerships to showcase 5G use-cases in Germany, Greece, and Italy.
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Strategy & Change
Elsewhere in Telefónica Group: Telefónica ties with Aerial
Elsewhere in Telefónica Group: Telefónica ties with Aerial Source: Aerial Telefónica tied with Canada-based Wi-Fi motion-based analytics specialist Aerial Technologies to conduct a remote care pilot project in the municipality of Luciana in Castilla-La Mancha, Spain. The test will monitor the condition of participants aged between ...
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Premium
Vodafone and Amdocs go again on CX improvement
Group-wide partner tapped to deliver CRM upgrade for Spanish OpCo. Tie-up marks an expansion of previous CX-oriented arrangement. Focus on helping facilitate Vodafone Spain’s “TechCo” transition and cost reductions.
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Venturing & Investments
Telefónica Innovation & Venturing Roundup: Group profits from Altiostar
One Wayra investment exceeds crowdfunding target while another enters Asia-Pacific; Hispam startup accelerator launches innovation call in Peru; Group makes tidy profit from Altiostar divestment.