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M&A
Telefónica sells infra biz to American Tower
Telxius finds a home at US infrastructure giant. Transaction expected to wipe €4.6bn off Telefónica net debt.
Network & Infrastructure
Vodafone bulks up Vantage Towers with Cornerstone
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.
M&A
Telefónica seeks suitor with Chile exit in pipeline
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.
People
Latest Telefónica people moves: global Tech changes
Recently‑established Telefónica Tech subsidiaries bed in across regional outposts. Well‑travelled strategy exec lands at O2 UK.
Partnerships & Alliances
Telefónica in on SEAT’s flagship Spanish e‑vehicle plan
Longstanding partner builds-out connected-car alliance with Telefónica. Group lends hand to SEAT’s goal of accelerating electric vehicle adoption in Spain.
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Strategy & ChangeCzech operator tops up on O2
O2 Czech Republic extends right to use Telefónica’s European brand name beyond 2030. Group’s ties with operator’s majority stakeholder not totally severed.
- Partnerships & Alliances
Telefónica and BBVA tie on Movistar Money joint venture
Consumer finance business green‑lighted for launch in Colombia. Group extends partnership with stakeholder BBVA. Move continues recent refresh of Telefónica’s financial services partnerships.
- Venturing & Investments
Telefónica on board with 5G emergency comms project
AI to be leveraged by EC-funded research group as a means of providing enhanced 5G network coverage for emergency services. Group building ecosystem around responsible use of AI. Another example of operator working the axis between e-health and connected-vehicles.
Elsewhere in BT Consumer: Northern Irish retail gets a boost
O2 e-health partner Visionable ramps up operations
UK’s CMA snags VM‑O2 decision
Headline data: Another quarter of belt‑tightening and falling revenue for Telefónica
Elsewhere in Telefónica's core markets: Oi sights rescue party; O2 hits 4G targets
Headline data: Another quarter of belt‑tightening and falling revenue for Telefónica
Elsewhere in Telefónica's core markets: Oi sights rescue party; O2 hits 4G targets
Telefónica|Vivo gearing up for Disney+ launch
Brazil’s telcos don’t play ball with US Clean Network plan
Telefónica bulks up cybersecurity unit with Brazilian assets
Telefónica people moves: leaders emerge at re‑jigged Telefónica Tech
Former O2 and Vodafone duo take helm at Deutsche Glasfaser
Telefónica people moves: Global Solutions settles; Open Future rings the changes
Telefónica moves: Global Solutions restructured
Telefónica moves: strategy and restructuring mean changes across all markets