Spain – Page 40
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Venturing & InvestmentsTelefónica interest CyG bags fresh investment
Startup’s funding pot topped up by angel investors. CyG member of Wayra’s Hall of Fame. Cross-industry sustainability drive key to CyG’s growth potential.
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PremiumTelefónica people moves: Cybersecurity & Cloud “almost complete”
Telefónica Tech’s Cybersecurity & Cloud carve-out nearing finalisation. Former CIO Phil Jordan drops TalkTalk board seat. Alastria legal chief joins Telefónica. Álvarez-Pallete adds backing to Code.org initiative.
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Public AffairsTelefónica sacks security execs in fraud probe: reports
ElevenPaths’ partner relationships under scrutiny as Group looks into dealings within managed security services unit. Report ties investigation with Govertis takeover in 2020, and senior executive reshuffle flagged in February.
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Products & ServicesUpstart Airtel rouses Vodafone Spain’s ire
New Spanish service provider revives Airtel brand after Vodafone Spain let trademark expire. VfS demands company stop using the brand.
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PremiumTelefónica people moves: Cybersecurity & Cloud CIO named
Flavio Reis takes CIO job at Telefónica Tech’s Cybersecurity & Cloud unit, with ElevenPaths’ Sarwat also joining the ranks. Brendan O’Reilly gets replaced by Telefónica Mexico CTIO on the Cornerstone board, suggesting a new O2 UK CTIO may be in the works. Burzako fills in Oslé’s Movistar+ vacancy in ...
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Partnerships & AlliancesSEAT and Telefónica ramp-up Spanish e-vehicle charge
Operator’s involvement in carmaker’s “flagship”, vertically-integrated EV plan confirmed. Group to enable Industry 4.0 applications in Barcelona-based smart factory. SEAT parent calls for more EU action to enable EV market expansion.
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PremiumQ3 FY20–21: Top team turn bullish as growth returns, just
Nick Read and Margherita Della Valle claim Group set for acceleration after sneaking back into growth territory during quarter. European macro and M&A questions continue to overhang claims of confidence in regional prospects, however. Amid continued talk of yet more in-country consolidation, “pragmatic” Vodafone will “always examine opportunities to ...
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Strategy & ChangeElsewhere in Vodafone Europe: Italian 3G sunset
End of road for Italian 3G network; 5G used to combat COVID-19 in Spain; Turkey enterprise unit digitises cement mix.
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Venturing & InvestmentsWayra levels up with co-operative gaming investment
Telefónica open innovation hub puts gaming and e-sports in its investment crosshairs, drawing together fellow venturers for “up to €2m” commitments. Fourteen funds participate in this year’s Coinvestment Day.
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PeopleTelefónica moves: Oslé named Spain CEO; Almazor heads up Cloud
Newly-formed Unsere Grüne Glasfaser FTTH joint venture names a handful of team members ahead of anticipated approval. Movistar CEO rotates to lead Telefónica Tech’s Cloud unit, while Sergio Oslé takes the Spain spot. New strategic planning lead at Group-level.
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Financial & PerformanceTelefónica wobbles over 2020 finish line, targets stability
Revenue and OIBDA drop 11% as double-whammy of COVID-19 and currency fluctuations hit. Guidance on cash flow just about achieved, while FY21 focus will be on stabilisation. Dividend reduced by 25% as COVID-19 challenges continue, and 5G auctions loom. Telefónica Infra picking up minority stakes in Group infrastructure as ...
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PremiumVodafone people moves: Italy’s commercial leadership confirmed
Veteran executive departures at the top of India’s Vi. Vodafone Hungary’s Enterprise Business Unit gets a new lead from Apple. Raimondi named Commercial Director in place of now-Chief Commercial Officer Duilio.
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Innovation (R&D)Open Future Call I: Telefónica eyes ‘revolutionary’ tech
Open Future hubs across Spain prep for first 2021 intake. Group seeks to highlight role in job creation amid present challenges.
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M&ATelefónica to swap more data centres for Nabiax stake
Four data centres are said to be on the table, with a 20%-stake in Asterion subsidiary Nabiax the price. Nabiax-Telefónica JV reportedly in the pipeline to manage the estate.
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Venturing & InvestmentsYBVR earns extra Wayra investment for XR platform
Extended reality startup raises $1.5m in Pre-Series-A round, with Wayra increasing its initial investment. YBVR’s Verizon partnership bolstered. Wayra continues to bet on AR/VR/XR.
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Products & ServicesTelefónica’s Chema Alonso ‘to drive Spanish press Netflix’
Telefónica Chief Digital Consumer Officer will reportedly lead the project, dubbed the “Netflix of the press”. EU reconstruction funding said to be on the cards.
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Strategy & ChangeTelefónica targets SMEs in Spain’s digital recovery plan
Government pours billions into SME digitalisation programme. Telefónica marshals SME portfolio.
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Innovation (R&D)Telefónica inaugurates cyber-tech lab in Valencia
Multipurpose research and development unit made public a year after get-go, with local cyber subsidiary playing key role. Telefónica’s innovation network in Valencian Community expanding, increasing engagement with regional partners.
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PremiumTelefónica raises €1bn through sustainable bond issue
Sustainability financing includes social impact and environmental targets. Proceeds to fund fibre networks and connectivity in unserved areas.
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PremiumTelefónica experiments in 5G Technologies Cities
Palliative care trial with Nokia in Segovia using 26GHz frequencies. Network slicing pilot with Cisco and the University of Vigo in Galicia.