Telefónica Financial & Performance – Page 5
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Premium
IoT 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 & Alliances
More 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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People
Tesco 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 & Performance
Q2 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 & Performance
Telefónica Q2 FY23 Guidance: operator bets on maintaining momentum
Group updates guidance on back of strong cross-market growth.
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Financial & Performance
Telefónica Q2 FY23 Headlines: Group holds steady
Group maintains solid growth across its operating businesses.
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Network & Infrastructure
O2 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.
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Operations
Telefónica Tech merges biz units in major reorg
Cybersecurity & Cloud division is now combined with IoT & Big Data unit to create unified portfolio for Group’s B2B customers. Top management stays on board with different areas of responsibility.
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Telefónica-Prosegur JV develops AI tech to tackle burglars
Platform switch at operator’s connected alarm and monitor venture with Prosegur reflects fresh focus on driving up service profitability.
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Q1 FY23: Telefónica reinforces as costs rise
Watchful Group stays course in volatile operating environment, maintaining forward progress on revenue and operating income, and reiterating guidance.
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Telefónica Q1 FY23 Headlines: defence holds
Solid start to new FY, with revenue and income growth maintained.
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Telefónica Q1 FY23 Spend: belt tightened another notch
As inflationary pressures continue to bite, Telefónica takes additional action on cost base reduction.
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Telefónica Q1 FY23 Guidance: for foreseeable, Telefónica votes conservative
Guarded Telefónica management reiterates low-growth outlook for FY23, despite solid Q1 numbers.
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Chile MVNOs feel the heat as Telefónica absorbs Simple
An email to its customers indicated that Simple Movíles will cease operations and see its customer-base transfer over to Telefónica Chile.
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Times remain taxing for Telefónica Peru
Movistar said to face PEN 3bn payment after unfavourable Supreme Court ruling.
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Younited partnered to expand credit offering
Telefónica to provide new “instant credit” loans through partnership with Spanish credit platform Younited.
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Telefónica R&D spend continues downward trend
Group research and development dropped a further €120m in last FY.
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Telefónica FY22 Guidance: keeping a lid on expectations
Management displays cautious outlook for FY23
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Telefónica FY22 Headlines: FY22’s storm weathered
Main performance lines heading in the right direction.
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Telefónica’s home security JV remains in growth — but in red, too
Operator’s connected alarm and monitoring venture with Prosegur continues to see strong uptake, growing user base at double-digit rates in FY22.