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Enterprise (B2B)
Telefónica Tech opens portal to quantum realm
Next-gen services arm bulks-up portfolio with EaaS add. Multi-purpose potential of quantum encryption tech highlighted. Quiet engagement with Spanish startup bears fruit in new commercial partnership.
M&A
Bids expected for Telxius subsea cables
Telefónica debt reduction strategy set to extend to submarine infrastructure as buyers are sought for 100,000km cable network. Reports indicate that an agreement is wanted by mid‑2021, with rough valuations standing around the €2bn mark.
People
Schüler coronated as VM‑O2 CEO
Lutz Schüler, dynamic Virgin Media chief, with a track record at O2 Germany, is to lead the new VM‑O2 joint venture, subject to competition clearance. O2 CFO and experienced merger overseer Patricia Cobian to take on the JV finance role. No room for O2 CEO Mark Evans.
M&A
Telefónica’s Cerdán has more M&A deals up sleeve
Medium-scale buyouts remain on radar for Telefónica Tech CEO. Bold talk on deal-making forming route to growth goals. Reported souring of Govertis transaction hasn’t put Telefónica off.
Venturing & Investments
Telefónica 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.
Network & InfrastructureMovistar Chile secures 3.5GHz spectrum
Movistar makes highest bid for 5G‑friendly 3.5GHz spectrum amid uncertainty over its future within the Telefónica Group.
- M&A
Telefónica 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.
- Network & Infrastructure
BNetzA reviewing O2’s 4G catch up claim
OB says it made good on main part of 2020 network expansion promise. But BNetzA yet to verify coverage claims. Difficulties hitting coverage targets along transport routes remain.
