All Telefónica Group articles – Page 54
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People
Telefónica reshapes board of directors
Group cuts board seats from 17 to 15, with representation from shareholders BBVA and CaixaBank halved. Ignacio Moreno and Jordi Gual to instead shift to roles at Telefónica España and Brazil’s Vivo.
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Content & TV
Movistar, DAZN secure five-year La Liga deals
La Liga generates €4.95bn in revenue from new round of concessions. Movistar’s controversial agreement on hold ahead of talks between Telefónica and regulator CNMC.
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Premium
Telefónica people moves: wholesale lead named at VM O2
VM O2 appoints Diego Tedesco to lead its Fixed Wholesale business in challenge to incumbent Openreach. SME-focused team also filled in at newly-merged UK operator, with appointments in marketing, products, and sales. Telefónica Tech draws in new faces from across the Group footprint.
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People
Movistar Money JV rejigs leadership
Lending JV Telefónica Consumer Finance reshuffles board, with changes aligned to adjustments by Group and co-parent CaixaBank. Telefónica’s María Jesús Almazor swapped for Oscar Candiles as a JV representative.
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Analyst Reports
Telefónicawatch Report #159 – November 2021
Key stories include: Execs cautious despite positive Q3 | Portuguese return rumoured | Tech grabs a slice of Brazilian IoT | Vivo ups its fibre intake | Samsung gets foot in VM O2 door
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Premium
OpenBNG unveils winners of multi-operator RFI
DT-backed TIP initiative makes strides in disaggregating the broadband network gateway. RFI process, initiated by DT, BT, Telecom Italia, Telefónica, and Vodafone, identifies shortlist of suppliers most likely to be first with commercial and OpenBNG-compliant products. Altran, Benu Networks, Casa Systems, and RtBrick emerge victorious in software category. APS ...
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Partnerships & Alliances
Telefónica goes MagNET fishing for telco SME tie-ups
Growth division reveals it has been building out a new B2B service delivery platform to strengthen its place in the value chain. Telco and SI partners being sought to extend MagNET-based offerings “globally”.
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Operations
Telefónica presents redundancy plan to Spanish unions
Union negotiations begin over new phase of headcount reduction. Reports suggest more than 3,000 staff will be offered voluntary redundancy, although eventual job cut total expected to be lower. Move comes amid ongoing competition and inflation concerns.
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M&A
Spain shields Telefónica as KKR’s TI bid makes waves
Spanish government reinforcing restrictions that would halt hostile bids for Telefónica until 2023. Europe’s telco sector awash with bid speculation as KKR pursues TI, and Indian conglomerate Reliance Industries is linked to a BT bid.
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Financial & Performance
Telefónica adds €750m to growing sustainable bond bank
Group takes total financing raised through sustainability-linked bonds to €3.25bn over two years. Funds ringfenced for legacy network upgrades and rural connectivity builds in Germany, Spain, and (potentially) Brazil.
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Premium
Vodafone, Telefónica launch fixed-broadband TIP group
Operators co-chair new TIP project group targeting FTTP access technologies. Vodafone cementing leadership at TIP.
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Premium
Telefónica Q3 FY21 Guidance and spend: hanging fire in uncertain times
Positive results not enough for Telefónica to lift guidance. Grip on spend remains in place, with focus on volume and mix discipline.
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Partnerships & Alliances
BT’s McRae fights corner for Nordic giants, as peers swing for Eur-O-RAN
BT Chief Architect highlights value of local major NEPs, as European peers promote greater supply chain diversification. Remarks follow McRae support for Ericsson foray into open RAN orchestration. BT committed to open RAN as part of opportunity to ‘network-ify’ applications and functions in new markets. Analysys Mason-backed report highlights ...
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Strategy & Change
Telco leaders converge on Bilbao for ‘secret’ strategising
Deutsche Telekom, Telefónica, and Vodafone represented at the latest European Round Table event. Behind-closed-doors discussions focused on decarbonisation, skills transformation, and single market competition.
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Premium
Lebara departs for O2
TDE’s longstanding deal with ‘ethnic’ MVNO comes to an end. Migration of customers expected to commence in 2022.
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Premium
MobiledgeX Edge–Cloud enables cross–operator R&D
DT spinout MobiledgeX’s Edge-Cloud platform leveraged for DT–Telefónica and DT–KDDI collaboration on edge compute proof of concepts. AR tour guides trialled with KDDI; traffic collision avoidance tech demoed with Telefónica Deutschland. Both solutions demonstrated under the auspices of GSMA’s Telco Edge Cloud pre-commercial trials initiative.
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Premium
Telefónica Q3 FY21 Headlines: recovery gathers steam but jitters persist
Group describes results as “significant step towards economic and social recovery”. OBs put in a solid quarter, with Vivo and Telefónica Deutschland reporting gathering commercial momentum. First quarter for refashioned UK business. Telefónica Tech’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Centralisation of Hispam progressing, and ...
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Premium
Telefónica Q3 FY21: Wary Group sticks to plan as recovery builds
Operator maintains rebound from pandemic with growth in earnings and revenue, and confirmation of guidance. All major OBs in growth and Hispam changes look to be having impact. Executives appear wary of conditions, with inflation and coronavirus lingering. Lid kept on capex as Group asserts discipline. Infra-Tech M&A frenzy ...
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Strategy & Change
Spain’s ‘big three’ agitate for consolidation
Top execs at Orange, Telefónica, and Vodafone indicate ‘enough is enough’ in Spain’s hyper-competitive market. Telefónica Group COO says Spanish incumbent can play “facilitator role” for consolidation in a market that is “not sustainable”. Vodafone CEO’s patience running out on low returns from southern Europe; looking to “actively engage” ...
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Strategy & Change
O2 brand to appear in Movistar shop window
Reports indicate Movistar will trial O2-branded fixed and mobile services in its Telyco stores ahead of a potential broader rollout. News comes after loosened regional restrictions, allowing discounted O2 services in hundreds of new municipalities.