Telefónica Financial & Performance – Page 6
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PremiumQ3 results put Telefónica on track and on-message
Quarter’s results help Group present image of solidity and consistency.
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Strategy & ChangeFY24–FY26 plan: Telefónica flaunts its capex-factor
Group lays out GPS-branded strategy update, grabbing spotlight with industry-‘leading’ ambition on capex intensity reduction.
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PremiumFY24–26 spend: Telefónica ups the post-fibre ante
In a stark reflection of returns-constrained times facing industry, Telefónica grabs Capital Markets Day headlines with an ambitious investment reduction goal, rather than growth initiative.
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Network & InfraTelefónica targets 100m-premises fibre footprint by 2026
Mid-term strategy update sees Telefónica Infra and operating businesses handed twin mission of reaching nine-figure homes passed goal while also supporting the Group’s capex efficiency drive.
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Financial & PerformanceTelefónica’s ‘Core Four’ concoct plan to address wholesale decline
Q3 FY23: Group seeks to leverage FibreCo spinoffs, defend against uncertain market conditions, and create new revenue streams to offset forecast wholesale revenue decline over next three years.
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M&ATelefónica maintains ‘full optionality’ on non-core Hispam businesses
Q3 FY23: In strategy update, operator indicates it will continue to keep its trimmed-down collection of smaller Latin American assets on a strict cost control regime, flagging consolidation, divestments, and further NetCo ventures as possibilities to protect free cash flow in the next three years.
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Financial & PerformanceTelefónica Tech charts three-year course towards €3bn revenue target
Division seeks to ease reliance on acquisitions while expanding portfolio of “next-gen” IT solutions to grow total revenue.
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Strategy & ChangeTelefónica outlines €200m ‘recovery plan’ for German unit, after 1&1 breakup
Loss of major wholesale customer provides a Meerkat Moment for Group to up its ownership of Telefónica Deutschland while also refreshing its German services and partnerships.
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Strategy & ChangeTelefónica moves to take full ownership of German business
Operator buys up shares in German operating business as it looks to further simplify its structure and increase focus on its core territory.
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Financial & PerformanceVivo Q3 growth fuelled by fibre and B2B services
CEO Christian Gebara heralds fixed-line business segments as key areas for operator as it reports a solid quarterly performance.
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Financial & PerformanceTelefónica’s connected-security JV flags progress in profit pivot
Operator’s three-year-old joint venture with Prosegur highlights improvements in churn, user spend, and profitability after switching focus away from growth-above-all strategy seen in its startup phase.
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Financial & PerformanceVirgin Media O2–Tesco joint venture nears £1bn revenue mark
Twenty-year old joint venture, UK’s largest MVNO, posts a jump in sales despite being a rare hold-out on inflation-linked price rises.
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PremiumVM O2 given open RAN funding boost
Virgin Media O2 secures place on four state‑backed open RAN projects, focusing on connectivity in high‑density environments.
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PremiumIoT tops agenda as £6.4bn framework contract launched
VM O2 and its major peers throw their hats in the ring for range of public sector services contracts covering legacy and emerging technologies.
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Partnerships & AlliancesMore growth for Telefónica–Prosegur JV, despite cooldown
Movistar Prosegur Alarmas reports reduced rate of user acquisition, reflecting fresh focus on driving up service profitability and customer value.
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PeoplewatchTesco Mobile installs new CEO
Retail giant’s Managing Director of Large Stores shifts across to lead long-running JV with Virgin Media O2.
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Financial & PerformanceQ2 FY23: Telefónica to navigate via ‘GPS’ in next strategic cycle
Growth, profitability, and sustainability are key focus areas as Group preps vision for cash flow growth in the period to FY26. Learn more about the upcoming strategy update being concocted with McKinsay that was outlined with the Q2 results…
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Financial & PerformanceTelefónica Q2 FY23 Guidance: operator bets on maintaining momentum
Group updates guidance on back of strong cross-market growth.
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Financial & PerformanceTelefónica Q2 FY23 Headlines: Group holds steady
Group maintains solid growth across its operating businesses.
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Network & InfraO2 Germany CEO cools concerns about Huawei ban
A ruling to immediately replace Chinese equipment is not likely, according to Markus Haas, Chief Executive of O2 Germany. With solid Q2 FY23 results, operator nudges up full-year outlook.