All Telefónica Group articles – Page 65
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M&ACould Telefónica hold key in Prisa power play?
Manoeuvring said to be taking place around Telefónica’s residual holding in media group. Group reportedly open to selling 9.4%-stake but not at any price.
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M&ACellnex open to Telxius grab
TowerCo CEO cheerfully talks up prospect of acquiring stake in Group’s infrastructure business. Idea of Telefónica-Cellnex tie mooted previously — and never totally quashed. Telefónica’s weakening debt profile may prompt inorganic action around infrastructure.
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Network & InfrastructureTelefónica tests TIP’s tricks in backhaul
Increasingly familiar group of vendors named in results of technical RFI for OpenSoftHaul solution, run by Telefónica and four other operators including Deutsche Telekom.
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Partnerships & AlliancesThree-tier cloud for Vértice platform
Telefónica Empresas and in-house cloud specialist acens partner for digital content distribution platform. Cloud services, hosting, infrastructure, and management provided in the deal.
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M&ATelxius prepares subsea business for sale — report
Telefónica TowerCo Telxius reportedly poking investors to see who bites. €2bn valuation for 100,000km-long submarine cable arm. Telxius’s terrestrial portion has seen continued growth, potentially readying for a pivot.
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Network & InfrastructureTelefónica links with Allianz on FTTP infrastructure
50:50 wholesale JV targets rural and semi-rural areas with fibre rollout. Majority of $5bn investment to be raised by bank loans. “Non-consolidated structure” reduces Group exposure.
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Venturing & InvestmentsInnovation in the crosshairs: Wayra X and Wayra Builder launched
Wayra marks tenth birthday with launch of all-digital hub Wayra X. Innovation arm looking beyond Telefónica footprint. Wayra Builder released to target tie-ups with external investors for internal tech spin-outs.
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PremiumSpending: cost controls “here to stay”
Current crisis said to have engendered long-term change for the Group, with claims that costs are being permanently cut, and not just deferred. Further confirmation provided that the peak of capex is behind the Group.
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PremiumOutlook: Cash is king
Telefónica appears just about on track to meet guidance on operating cash flow during this uncertain year. The weak share price is adding to worries on debt, but generating more free cash flow is the Group’s preferred response to pressure. Management tight-lipped on future dividend payments.
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Financial & PerformanceTelefónica Group Q3 FY20
Worries persist about Group debt, a tanking share price, and continued exposure to troubled LatAm markets, but Telefónica insists that €100bn of assets on the balance sheet that could be monetised should calm nerves. “Double dip” challenge of pandemic and FX fluctuations acknowledged by management, but Group positioned as ...
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Strategy & ChangeElsewhere in Telefónica's core markets: Oi sights rescue party; O2 hits 4G targets
Path for Oi acquisition clears; German 4G catch-up continues; O2 UK picks up EE spectrum.
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Products & ServicesTelefónica|Vivo gearing up for Disney+ launch
Vivo melding OTT service with three separate payment plans from mid-November 2020. OTT market spiking, with operator attempting to keep pace.
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Venturing & InvestmentsNew Wayra investment targeting AI at self-checkout snags
Longstanding Group partner leads investment round in AI-powered checkout solution player Proppos. Food tech-focused startup has designs on international expansion.
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Public AffairsTelefónica Peru defends new city unit amid Twitter storm
Caught in political cross-fire, Peruvian operating business fends off flak over award of telecoms concession.
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Innovation (R&D)Telefónica-backed vehicle-testing lab flags new intake
V2X lab being put to use, with startups testing LiDAR, AI, and blockchain-based solutions in the hope of accelerating path to market. Telco affiliation part of five-strong cohort.
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Strategy & ChangeElsewhere in Telefónica Group: Prisa stake options mooted
Prisa stake potentially in play; Cisco trumpets Telefónica sell-with relationship; next stop USA for content?
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Enterprise (B2B)Alpha spin-out Koa Health goes independent with cash injection
Financial weight put behind e-health solutions provider. Startup emerges out of the wreckage of Innovación Alpha ‘Moonshot’ programme that otherwise failed to fire.
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Products & ServicesTelefónica’s alarms JV turns up sales volume
Telefónica’s home security JV in Spain shows signs of customer growth after initial launch was hindered by pandemic.
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Venturing & InvestmentsWayra helping UK government target LatAm tech scaleups
Entrepreneurs in Wayra’s Hispam footprint to compete in the Scaleup to UK 2021 programme. Doors opened to UK authorities and Wayra specialists to kickstart UK expansion.