All Telefónica Group articles
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M&ABids expected for Telxius subsea cables
Telefónica debt reduction strategy set to extend to submarine infrastructure as buyers are sought for 100,000km cable network. Reports indicate that an agreement is wanted by mid‑2021, with rough valuations standing around the €2bn mark.
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People
Schüler coronated as VM‑O2 CEO
Lutz Schüler, dynamic Virgin Media chief, with a track record at O2 Germany, is to lead the new VM‑O2 joint venture, subject to competition clearance. O2 CFO and experienced merger overseer Patricia Cobian to take on the JV finance role. No room for O2 CEO Mark Evans. ...
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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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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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People
Latest 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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People
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 ...
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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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People
Telefónica moves: Oslé named Spain CEO; Almazor heads up Cloud
Newly‑formed Unsere Grüne Glasfaser FTTH joint venture names a handful of team members ahead of anticipated approval. Movistar CEO rotates to lead Telefónica Tech’s Cloud unit, while Sergio Oslé takes the Spain spot. New strategic planning lead at Group‑level.
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Financial & Performance
Telefónica wobbles over 2020 finish line, targets stability
Revenue and OIBDA down 11% as COVID‑19 and currency fluctuations hit. Guidance on cash flow just about achieved; stabilisation a focus for 2021. Dividend down 25% as COVID‑19 challenges continue and 5G auctions loom. Infra picking up minority stakes in Group infrastructure; Tech growth solid. ...
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Innovation (R&D)
Open Future Call I: Telefónica eyes ‘revolutionary’ tech
Open Future hubs across Spain prep for first 2021 intake. Group seeks to highlight role in job creation amid present challenges.
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Network & Infrastructure
Movistar Chile secures 3.5GHz spectrum
Movistar makes highest bid for 5G‑friendly 3.5GHz spectrum amid uncertainty over its future within the Telefónica Group.
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M&A
Telefónica to swap more data centres for Nabiax stake
Four data centres are said to be on the table, with a 20%‑stake in Asterion subsidiary Nabiax the price. Nabiax‑Telefónica JV reportedly in the pipeline to manage the estate.
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Network & Infrastructure
BNetzA reviewing O2’s 4G catch up claim
OB says it made good on main part of 2020 network expansion promise. But BNetzA yet to verify coverage claims. Difficulties hitting coverage targets along transport routes remain.
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Venturing & Investments
YBVR 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 & Services
Telefónica’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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Network & Infrastructure
Virgin Media preps Lightning for post‑JV world
Liberty Global confident of JV clearance, and anticipates Telefónica talks on ambitious and aggressive fixed‑line rollout. Liberty’s Sky relationship appears key, with prospects for collaboration heightened by a friendly face at the helm. Meanwhile, Virgin Media appears to be finally embracing PIA from Openreach for cheaper fibre ...
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Network & Infrastructure
Telefónica fires starting gun on Drillisch 5G
Spanish giant’s German operations finally agrees national roaming deal with country’s would-be fourth MNO. Paves way for 5G rollout by Drillisch. TowerCos circle market entrant for new business.
