All Telefónica Group articles – Page 71
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Analyst ReportTelefónicawatch Report #150 – January-February 2021
Key stories include: Telefónica wields political power | European giants back open RAN | Canonical rules in Brazil | CX focus for España board | Amdocs boosts BSS presence
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PremiumTelefónica raises €1bn through sustainable bond issue
Sustainability financing includes social impact and environmental targets. Proceeds to fund fibre networks and connectivity in unserved areas.
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PremiumTelefónica people moves: Garcia ascends to TIP directors board
Juan Carlos Garcia becomes the face of Telefónica’s collaborative innovation endeavour by succeeding David del Val at 5TONIC and Telecom Infra Project. Michael Falkensteiner takes on German brand leadership. Another former O2 exec joins Deutsche Glasfaser management.
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Strategy & ChangeTelefónica Global Solutions looks to trim headcount
Recently bundled wholesale services unit will offer incentivised early retirement to its over-53s, as part of ongoing contract suspension scheme.
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Partnerships & AlliancesSpain’s big three ponder JV to leverage EU recovery funds
Spain’s major operators said to be in talks on a joint proposal for delivering universal superfast coverage, building on European Reconstruction Fund financing opportunities.
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InnovationShaadow steps out of Telefónica’s innovation doorway
Startup lands cash-injection after internal incubation process. Spinoff equipped with ElevenPaths patented tech. Group execs keeping close-eye on operations.
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Strategy & ChangeTelefónica closer to firming up commercial reset
New model seen as necessary for digital services era, encompassing changes around skills, incentives, and flexibility. ‘Commercial careers’ agreement has been a long time coming, but unions say more still needs to be done.
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Strategy & ChangeÁlvarez-Pallete gets political as challenges grow
Quiet support for a boardroom coup at Prisa indicates Telefónica’s political muscles as business priorities coincide with larger social challenges. Telefónica supporting government recovery goals, but lobbying for a more favourable investment environment as 5G auction looms. Group emphasising its Europe role as Latin America retreat sees grumbling.
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Strategy & ChangeTelefónica warns autonomous networks will need kill switch
Humans needed to control misbehaving AIs in autonomous networks. ETSI tackles standards for securing AI. Telcos eager to expand autonomous ecosystem.
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PremiumTDE to boost Vodafone Gigabit range with new accord
Expanded wholesale deal encompasses TDE provision of wholesale fibre access. Deal ties in with Group goals of delivering an efficient accelerated fibre rollout in Germany.
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Venturing & InvestmentsElsewhere in Telefónica Venturing: Wayra buys into retail
Wayra doubles up on retail and fintech focus. Brazilian portfolio trimmed further with LinkApi exit.
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Strategy & ChangeElsewhere in Telefónica Group: on the IPv6 trail
Telefónica back on IPv6 development trail; Group lands substantial CAP pay-out; TIM in on Telefónica-backed open RAN alliance.
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Venturing & InvestmentsPayflow banks Wayra backing
Salary-on-demand startup Payflow added €400,000 to its Seed round via a strategic investor trio including Wayra. Wayra family grows but with scaleups now in the crosshairs.
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Venturing & InvestmentsWayra backed LinkApi lands a buyer
Telefónica’s Brazilian scale-up hothouse exits LinkApi through Semantix acquisition. Wayra continues transition to later-stage startups with fourth exit in just over a year.
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Strategy & ChangePlay axed from Telefónica Mexico’s content offering
OB opting to strengthen alliances with other OTT players instead of building out own video content platform. Movistar Play remains live in a host of other Latin American markets, but ambitious growth targets across LatAm far off realisation.
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Innovation5G Create: UK MNOs left with bit parts
Another nine projects added to the state-backed funding call. BT/EE, O2, and Three support AR, broadcasting, and logistics use-cases. Emerging players take lead roles.
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Venturing & InvestmentsTwo Movistar Money ventures set for take-off
Consumer finance business green-lighted for launch in Colombia, enabling Group to extend partnership with stakeholder BBVA. Telco also heading trials of similar personal loan service in Mexico, with Banco Sabadell on the scene. Both moves continue recent refresh of Telefónica’s financial services partnerships.
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Network & InfraTelefónica joins European peers in open RAN push
Signs MoU with Deutsche Telekom, Orange, and Vodafone. Aim is to generate greater economies of scale for smaller suppliers through common procurement parameters. Lobbying European governments for open RAN funding high on the agenda. Telefónica makes open RAN advances in Germany, UK.
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Partnerships & AlliancesAmdocs continues LatAm transformation
System services provider Amdocs further extended its Movistar Chile partnership to cover wireline and wireless services, mirroring Brazilian precedent set in 2019. eSIM management platform added on top.
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PremiumElsewhere in Telefónica’s Core Markets: O2 commits to roaming
Regulation relaxed in Spain. O2 commits to roaming. Vivo signs renewables deal.