Vodafone UK and Telefónica UK give each other freedom to “commercialise” their 50% stakes in Cornerstone JV. Transfer of Vodafone’s shareholding to Vantage Towers to take place within weeks. Important (and long-awaited) addition to Vodafone’s European TowerCo ahead of upcoming IPO.
Speculative report suggests Group is ready to relinquish interest in a key pillar of its Hispam unit as monetisation plans evolve. Liberty flagged as front runner, although may face regulatory challenges, and other runners and riders not ruled out.
Recently‑established Telefónica Tech subsidiaries bed in across regional outposts. Well‑travelled strategy exec lands at O2 UK.
Longstanding partner builds-out connected-car alliance with Telefónica. Group lends hand to SEAT’s goal of accelerating electric vehicle adoption in Spain.