All Telefónica Colombia articles
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Public AffairsTelefónica dragged to fringes of Colombian election fraud claims
Spain’s far‑right political party Vox has called into question the role of integrator Indra Sistemes in Colombia’s elections, also bringing other Spanish companies into the spotlight.
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M&A
Telefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.
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Strategy & Change
Elsewhere in Hispanoamérica: Movistar Peru fails penalty appeal
Telefónica Colombia doubles up on sustainable borrowing; Telefónica Peru back in naughty corner as Osiptel probes unauthorised SIM card vendors.
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People
Telefónica people moves: Colombian fibre JV names leadership
Telefónica Colombia’s fibre‑building joint venture with KKR launches with a familiar top‑team. Collaborative initiatives see Group execs take board seats at GSMA and IndesIA. VM O2 continues to make sweeping changes to senior leadership, with former O2 UK execs Bailey and Soto finding new roles elsewhere.
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Strategy & Change
Elsewhere in Hispanoamérica: Chilean rivals team up
Rivals team up in Chile; Telefónica Mexico builds out its third‑party coverage.
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Partnerships & Alliances
Prosegur plots LatAm expansion with “ally” Telefónica
Prosegur outlines plans to copy‑paste Movistar Prosegur Alarmas JV model in overlapping LatAm footprint. MPA continues to grow customer base in latest results.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: Argentinian OB rues State interference
State interference continues to plague Argentinian OB; mobile licence renewals discussed in Ecuador.
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Network & Infrastructure
Telefónica gets nod for Colombian open RAN trial
Two Telefónica projects advance to a testing phase in Colombia’s Regulatory Sandbox initiative. Open RAN project builds on Internet para Todos rollout in Latin America. SOC targets real‑time network experience monitoring.
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Enterprise (B2B)
Movistar Empresas joins IBM’s telco cloud club
Telefónica Colombia explores edge solutions for businesses with IBM’s Cloud for Telecommunications. New dimension for IBM’s cloud engagements with Telefónica Group.
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Partnerships & Alliances
Telefónica ties with KKR again on Colombian fibre InfraCo
FTTH InfraCos spun out in Brazil, Chile, and Colombia this month. Latest agreement with KKR sets up InfraCo in Colombia. Chilean fibre venture with KKR finalised. FiBrasil infrastructure company launched in Brazil. InfraCo model lightens capital investment intensity for Telefónica.
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Partnerships & Alliances
Prosegur extends Telefónica tie-up into Colombia
OB distributing security services in three cities, with aim to strengthen customer retention. Telefónica supporting Prosegur’s LatAm expansion plans, with large growth opportunity anticipated. Collaboration now extends beyond Movistar Prosegur Alarmas JV in Spain.
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Strategy & Change
Elsewhere in Telefónica Hispanomérica: Colombia FTTP drive; Telefónica Peru divests Red Digital stake
FTTP investment continues in Colombia; Telefónica exits digital transaction platform in Peru.
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Partnerships & Alliances
Hispam taps Vubiquity for Movistar Play content
Amdocs Media company expands Telefónica footprint from Brazil to Hispam. Vubiquity provides content acquisition for Movistar Play .
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Financial & Performance
Q1 FY21: resilience building for slimmed down division
Telefónica upbeat on commercial performance in tough markets but contributions to Group coffers continue to shrink on weak currencies. Argentinian OB making a comeback. Mexican MVNO model yet to translate into improved financial performance. Chile and Colombia among the OBs seeing success with a pursuit of ...
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M&A
Telefónica Colombia dials up DIRECTV buyout
DIRECTV internet services customer base and spectrum to be acquired under agreement, pending regulatory approval. Deal indicates “ commitment ” to Colombia despite rumblings of an exit, says CEO Hernández.
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People
Telefónica people moves: Group appoints Climate Change boss
Sustainability a priority with new Chief of Climate Change post. Changes in Germany include a CEO swap at Omnichannel unit and exit of CISO Hollander. Provisional approval for the VM‑O2 merger sees a swathe of proactive appointments — but no room for a handful of O2 UK stalwarts.
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Strategy & Change
Elsewhere in Telefónica Hispanomérica: inclusive digitalisation at the fore
Colombia CEO Hernández calls for inclusive digitisation, while Peru ’s Internet para Todos notches another 4G reach milestone.
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Venturing & Investments
Two Movistar Money ventures set for take‑off
Consumer finance business green‑lighted for launch in Colombia, enabling Group to extend partnership with stakeholder BBVA. Telco also heading trials of similar personal loan service in Mexico, with Banco Sabadell on the scene. Both moves continue recent refresh of Telefónica’s financial services partnerships.
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M&A
Liberty homes in on Telefónica units in Colombia and Ecuador
Reports suggest that Liberty Latin America is stepping up its acquisition strategy, and could enable Telefónica to tick two more boxes on its regional divestment list.
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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.
