All Telefónica España (Spain) articles – Page 21
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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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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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Strategy & ChangeTelefónica closer to firming up commercial reset
New model seen as necessary for digital services era, encompassing changes around skills, incentives, and flexibility. ‘Commercial careers’ agreement has been a long time coming, but unions say more still needs to be done.
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Strategy & ChangeElsewhere in Telefónica’s Core Markets: Vivo-Claro deal gets checked
Vivo’s RAN-sharing agreement with Claro gets unwanted attention from CADE amid competition concerns.
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Strategy & ChangeElsewhere in Telefónica Group: dev facilities in Catalonia
Support for Spanish as an AI language, research on IoT for agriculture, and applications of technology for social causes explored.
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PeopleSerrahima on the up as Telefónica targets multi brand
As Telefónica aims to make customer experience a key differentiator in its domestic market, Pedro Serrahima, the executive behind O2’s Spanish launch takes charge of the drive. Marisa Urquía also promoted to oversee transformation projects as Executive Chairman Gayo slims down the executive committee.
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Partnerships & AlliancesTelefónica 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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Consumer (B2C)Movistar steps up smart-home drive
Longstanding partner and stakeholder CaixaBank namechecked as partner on TV-based payment solution. Group’s smart-home play given potential leg up by pandemic, with expanded Living Apps catalogue.
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PremiumTelefónica people moves: leaders emerge at re-jigged Telefónica Tech
Telefónica Tech re-organisation brings new names to light. Fibre leadership changes in South American businesses. Former O2 Germany CEO Dirks takes top-spot at rival to Telefonica’s new InfraCo.
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PremiumHeadline data: Another quarter of belt-tightening and falling revenue for Telefónica
Telefónica’s narrative of core market strength yet to fully win over doubters. Restructuring remains work-in-progress in Hispam, Tech, and Infra.
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Strategy & ChangeElsewhere in Telefónica's core markets: Oi sights rescue party; O2 hits 4G targets
Path for Oi acquisition clears; German 4G catch-up continues; O2 UK picks up EE spectrum.
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Products & ServicesTelefónica’s alarms JV turns up sales volume
Telefónica’s home security JV in Spain shows signs of customer growth after initial launch was hindered by pandemic.
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Venturing & InvestmentsWayra joins €2.5m ticket for rural Wi-Fi partner
Wi-Fi solution startup Galgus closes Series-A funding round led by Conexo Ventures, with Wayra investing too. Galgus is a Telefónica partner on public Wi-Fi in under-served areas.
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PeopleTelefónica moves: Global Solutions restructured
Telefónica Insurance names a Director General as it expands its footprint. Telefónica Global Solutions rejig makes an impact. 4iQ gets new CEO well-versed in strategic sales. A shift in UK SMB leads.
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Network & InfraTelefónica pilots private 5G with El Corte Inglés
Longstanding Telefónica partner and leading Spanish retail group will use 5G to test Industry 4.0 applications in a logistics setting. Telefónica boasts wealth of experience examining use cases for 5G, and is now reaping rewards of government backing.
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Venturing & InvestmentsTelefónica's new alarms JV gets personal with security offer
After a difficult start, Telefónica’s home security JV is developing new services. Launch of personal security offer marks new commercial phase for Movistar Prosegur Alarmas.
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Strategy & ChangeElsewhere in Telefónica’s core markets: Nokia and Juniper pick up gigs
Vivo into loans; Juniper picked for 5G backhaul security; Nokia wins UK SDM.
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Products & ServicesTelefónica adds cyber protection to insurance portfolio
The Group seeks to tap into new growth area to bolster its staid device insurance business.