All Telefónica Hispanoamérica articles – Page 10
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Strategy & Change
Could Telefónica exit Uruguay next?
Telecom Argentina reportedly mulling play for the Group’s local unit. Telefónica executives stress they remain open to all options to reduce its exposure in the Hispanoamérica region. Group continuing to experience frustrations in snakes-and-ladder-esque regional divestment programme.
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Partnerships & Alliances
Telefónica and BBVA tie on Movistar Money joint venture
Consumer finance business green-lighted for launch in Colombia. Group extends partnership with stakeholder BBVA. Move continues recent refresh of Telefónica’s financial services partnerships.
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Network & Infrastructure
Chile auction: unhappy Movistar reins in spend
Five Chilean spectrum bidders announced: Movistar among MNOs looking for additional 5G bandwidth. Operating business’ antitrust complaints shushed until after the auction, with national 5G roadmap taking priority. Hispanoamérica monetisation plans, and a pivot towards less capital intensive service provision may have contributed to Movistar’s muted involvement.
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Premium
Headline data: Another quarter of belt-tightening and falling revenue for Telefónica
Telefónica’s narrative of core market strength yet to fully win over doubters. Restructuring remains work-in-progress in Hispam, Tech, and Infra.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: spectrum plans firm up
Novator challenge builds; Telcel Mexican dominance resisted; Peruvian fines upheld.
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Venturing & Investments
Wayra 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.
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Premium
Telefónica people moves: new cloud ops and Movistar+ leads
Joaquin Cidoncha Puebla takes Tech & Cloud Operations Director spot. Movistar+ pay-TV proposition casts new lead in the form of Francisco Menéndez.
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M&A
Telefónica jilted in LatAm again
América Móvil gave up on Movistar El Salvador acquisition. Telefónica once again sees sale of a Latin American asset derailed by actions of local competition and regulatory watchdogs.
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Premium
Q2 FY20: isolated Hispam brings the Group down
Capital efficiency remains a focus as the Group weighs a myriad of options for the future of its Latin American division. Beyond the challenges of the pandemic, tough competition and a relatively low-value customer base are proving a challenge to profitability in the region.
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Premium
Spending: Capex peaks and operational efficiencies rise
Management assures infrastructure investment will be maintained, as key in post-COVID-19 world. Customer experience another priority area. Other projects being reined in to free up funds, though, with Abosolo stressing “strict screening” of spend plans
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Premium
Telefónica: Elsewhere in Hispanoamérica
COVID-19 presents challenges and opportunities as physical thefts rise, while digital services portfolios flourish.
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M&A
Telefónica sees exit door in El Salvador (but is it shut?)
Anti-trust agency lays out tough sale conditions to América Móvil’s Claro. Anxious wait to see if Mexican group plays ball. Both Telefónica Móviles El Salvador and Telefónica Multiservicios up for sale in deal reportedly worth $315m.
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Premium
Government seeks sale of 32.5% Coltel stake — report
Government sale stirs speculation about Telefónica Colombia exit.
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Premium
Telefónica sets eyes on COVID restart; announcements across all markets: Telefónicawatch roundup June-July 2020
Telefónica joined Restarting Together COVID-19 recovery programme, absent from ETSI’s E4P scheme, and one of 53 large companies to take a Bank of England emergency loan. TIWS test LEO satellite; ElevenPaths gets AWS security certification. Announcements across Telefónica’s core markets include ongoing 5G/China drama in the UK; Brazilian network-sharing ...
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Premium
Teté Soto named O2 UK Director of Transformation; MVNO Tesco Mobile gets new CMO
Telefónica people movements across European and Hispanoamérican OBs.
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Premium
Big Four providing a solid foundation
‘Show me the money’ the key message in Spain. Positivity in Germany and UK. Brazil trading up. LatAm carve-out progressing.
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Premium
Telefónica Latin America people movements, May 2020
LatAm region gets refreshes in Brazil and Mexico. Former VP Milagros Montenegro gets CFO spot at Peru.
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Strategy & Change
Group sees Millicom Costa Rica withdrawal as a bit rich
Telefónica threatens legal action after late-hour back-out by buyer.
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Premium
Movistar Play IPTV platform gets Colombian original series
Telefonica premiered its first Colombian-made original series on the Movistar Play IPTV platform in mid-April 2020.
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Premium
Telefónica Latin America people movements, April 2020
Bruno Vale picks up AxisMed CEO seat, Ana de Saracho takes Counselor position for Mexico’s National Chamber.