Spain – Page 14
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Weekly Briefings
Telefónicawatch Weekly: Álvarez-Pallete takes the stage as Group nears centenary
The latest around Telefónica and its markets, including CEO Álvarez-Pallete taking to the stage at the World Economic Forum; Vivo shelving network-share deal with Winity; and O2 Germany getting “aggressive” on discounts…
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Public Affairs
Telefónica’s Álvarez-Pallete takes soapbox to Davos, repeats call for EU refresh
Telefónica’s CEO says deregulation and investment “agenda” needed to drive innovation and increase EU telcos’ competitiveness. Comments come hot on the heels of similar messaging from other industry execs. Entrance of SEPI and stc as Group shareholders not a distraction from new three-year strategy…
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Strategy & Change
Telefónica finalises Spain job cuts, wage increases ‘on the way’
Agreement reached with unions on CEV III framework and new incentivised early-retirement scheme, with more than 3,000 redundancies anticipated. Plans to increase wages and reduce working hours also reportedly in the works, and extension to other subsidiaries also a possibility…
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Vodafone Peoplewatch: 2024 sees tech moves, alumni bagging new CxO spots en masse
January 2024 update: more than half-dozen CxO moves in and out of Vodafone; further tech elevations; BT Sourced lures VPC strategy exec… learn more…
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People
Ex-Telefónica chair César Alierta passes away
Operator reflects on former Chairman’s impact, having helped the operator to expand geographically and initiating its digital transformation strategy.
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Venturing & Investments
New IoT satco Sateliot bags fresh funding, on track for 2024 launch
Banco Santander invests in ambitious satellite 5G NB-IoT startup, accelerating move towards further nanosatellite deployments and 2024 commercialisation. Series-B round already planned to fuel “next phase” of construction…
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Network & Infrastructure
Telefónica’s copper exchanges to linger on until 2026
The last two copper exchanges expected to be closed in 2026 to meet wholesale LLU obligations.
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Elsewhere in Telefónica Group: Group narrows scope of Spanish job cuts
Group narrows scope of Spanish job cuts.
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Elsewhere in Infra-Tech: Bluevía hits 90% mark on fibre build
Bluevía hits 90% mark on fibre build.
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Elsewhere in Spain: TSA extends Movistar+ capabilities
TSA extends Movistar+ capabilities to support IPTV and OTT, and conducts tests with cinfo to automate broadcasting production.
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M&A
Spain makes “strategic” move for 10% stake in Telefónica
Spanish government set to become the operator’s largest shareholder, with move framed as “of essential importance” to defending national interests. Purchase follows stc’s controversial entry as a Telefónica shareholder, as its European expansion drive continues.
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FY23–26 plan: Telefónica Infra asked to keep building
Group is aiming to pass over 100 million homes with fibre networks by 2026.
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Latest Telefónica people moves: Hispam names new CX, transformation leaders
Hispam tweaks the roles of several directors, including in business development, customer care, digital transformation, and management control.
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M&A
Vodafone Spain revitalisation: Zegona ready to splash the cash
With purchase pending, Zegona’s Eamonn O’Hare reveals long-term plans to invest €3bn, with enterprise and simplified CX among key priorities. Learn more…
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Network & Infrastructure
Telefónica ‘preps’ sizeable tender for 5G SA core in Spain
Shaking out Huawei cobwebs, Telefónica said to be seeking supplier for user plane, with “tens of millions of euros” deal value. Further stacking the odds against still-beholden rivals…
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Venturing & Investments
EC grants €1.2bn to fuel cloud computing push
4iG, Deutsche Telekom, Orange, Telefónica, and TIM among IT and telecoms players collaborating on IPCEI-CIS project, seeking to produce a common, open-source architecture for European cloud deployments. First phase of industrial rollout expected to complete by 2031, with goal creating 1,000 jobs and “positive spill-over effects” in the process.
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Strategy & Change
TelcoX study reflects Telefónica’s tech-led confidence
TelcoX EMEA CSP and ecosystem Leadership & Performance Report provides insight into how Telefónica is perceived by senior leadership and peers.
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Q3 results put Telefónica on track and on-message
Quarter’s results help Group present image of solidity and consistency.
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Strategy & Change
FY24–FY26 plan: Telefónica flaunts its capex-factor
Group lays out GPS-branded strategy update, grabbing spotlight with industry-‘leading’ ambition on capex intensity reduction.
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FY24–26 spend: Telefónica ups the post-fibre ante
In a stark reflection of returns-constrained times facing industry, Telefónica grabs Capital Markets Day headlines with an ambitious investment reduction goal, rather than growth initiative.