Telefónica Group – Page 56
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Public Affairs
Telefónica softens Millicom litigation demands
Millicom calls to dismiss legal case ruled out by Supreme Court. Telefónica dampens demands to instead seek damages. Litigation remains in motion.
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Telefónica joins talks on EU’s €10bn cloud project
Brussels seeks industry support and investment for federated cloud plan. New alliance to focus on edge computing and industrial data spaces. Telefónica among telcos expected to play a role. Project to work with GAIA-X, avoiding duplication.
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Spain ties up 3.5GHz loose ends
Telefónica, Orange each acquire 10MHz concession for €21m reserve price. After elongated allocation process stretching over five years, Telefónica ends up with 100MHz of 5G-friendly 3.5GHz spectrum, second only to Orange (110MHz). Timelines fuzzy for auction of 700MHz and 26GHz frequencies, two other bands long identified by Madrid as ...
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O2 UK secures more 5G spectrum
Ofcom raises a total of £1.4bn in principal auction stage — several hundred million pounds less than expectations. Regulator has now opened the first phase of negotiation period that should enable operators to build contiguous blocks in the 3.4GHz–3.8GHz band. Lower spend on licences (so far) should provide an ...
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Telefónica, Vodafone linked with Serbian tie-up
Duo namechecked by Serbian operator’s CEO as potential partners, and enablers of service-based expansion strategy. Partner Markets and Partners Program offer route to outside markets.
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Venturing & Investments
Elsewhere in Telefónica Venturing: fcase, CyG, and ProFuturo
Tech Ventures adds fraud detection to startup shopping list; Group interest CyG bags fresh investment.
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Strategy & Change
Elsewhere in Telefónica Group: European Commission lays out plans
Telefónica backs EC green goals, as Digital Compass launched; Spanish government seeks cybersecurity support; payphones to be axed.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: Telxius lands subsea cable
Telxius plugs into Google’s Dunant cable and bulks up its own South American bandwidth.
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Strategy & Change
Elsewhere in Telefónica’s Core Markets: Digital Workplace opens up
Movistar+ adds edutainment for at-home learning; O2 UK offers device-as-a-service for remote-working employees.
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M&A
Telefónica’s Cerdán has more M&A deals up sleeve
Medium-scale buyouts remain on radar for Telefónica Tech CEO. Bold talk on deal-making forming route to growth goals. Reported souring of Govertis transaction hasn’t put Telefónica off.
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Q4 FY20: Telefonica Tech still growing into its role
Telefónica Tech described as “most resilient” area of the business, although growth appears below initial expectations. Licensing and reselling virtualised services key growth drivers, and enterprise offerings propelling divisional growth.
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Strategy & Change
FY20: Core four battle on in tough times
Major markets collectively show declines at the end of a tough year, but Group remains committed to focusing investment on next-generation networks to transform its fortunes. Spanish operations still the crown jewels, and closely protected, but management still yearning for market consolidation. O2 UK’s five-year efficiency drive has it ...
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Venturing & Investments
Telefónica interest CyG bags fresh investment
Startup’s funding pot topped up by angel investors. CyG member of Wayra’s Hall of Fame. Cross-industry sustainability drive key to CyG’s growth potential.
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Partnerships & Alliances
Telefónica|Vivo opts to join Dotz for further five years
Vivo extends collaboration with long-time customer loyalty partner, with focus on achieving retention boost. Brazilian operator also eyeing stake in Dotz. Amazon and Apple join Vivo in Dotz partner ecosystem.
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Telefónica people moves: Cybersecurity & Cloud “almost complete”
Telefónica Tech’s Cybersecurity & Cloud carve-out nearing finalisation. Former CIO Phil Jordan drops TalkTalk board seat. Alastria legal chief joins Telefónica. Álvarez-Pallete adds backing to Code.org initiative.
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Partnerships & Alliances
Telefónica tests Elisa Automate in transport network lab
Latest telco engagement for Elisa in its quirky vendor–operator go-to-market strategy. More acquisitions and partnerships planned to build up software offerings for industrial enterprises and telcos. Deutsche Telekom deal signals momentum.
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Suppliers & SCM
Telefónica calls on suppliers in clean energy drive
Group keen to intensify focus on green commitments through vendor engagement. ESaaS-based partnership with Vertiv highlighted. Major suppliers enrolled in operator’s emission benchmark scheme, as cutting Scope 3 emissions moves up agenda.
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Telefónica people moves: Cybersecurity & Cloud CIO named
Flavio Reis takes CIO job at Telefónica Tech’s Cybersecurity & Cloud unit, with ElevenPaths’ Sarwat also joining the ranks. Brendan O’Reilly gets replaced by Telefónica Mexico CTIO on the Cornerstone board, suggesting a new O2 UK CTIO may be in the works. Burzako fills in Oslé’s Movistar+ vacancy in ...
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Partnerships & Alliances
SEAT and Telefónica ramp-up Spanish e-vehicle charge
Operator’s involvement in carmaker’s “flagship”, vertically-integrated EV plan confirmed. Group to enable Industry 4.0 applications in Barcelona-based smart factory. SEAT parent calls for more EU action to enable EV market expansion.
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Financial & Performance
Telefónica 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 ...