All Telefónica Hispanoamérica articles – Page 13
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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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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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Venturing & InvestmentsTelefónica, Vodafone-backed Loon discontinued
Venture falls foul of harsh winds of reality, failing to reach commercial viability.
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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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Strategy & ChangeElsewhere in Telefónica Hispanoamérica: Peru penalties laid bare
Telefónica Peru remains on naughty step. Play axed from Telefónica Mexico’s content offering.
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M&ATelefónica seeks suitor with Chile exit in pipeline
Speculative report suggests Group is ready to relinquish interest in a key pillar of its Hispam unit as monetisation plans evolve. Liberty flagged as front runner, although may face regulatory challenges, and other runners and riders not ruled out.
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M&ALiberty homes in on Telefónica units in Colombia and Ecuador
Reports suggest that Liberty Latin America is stepping up its acquisition strategy, and could enable Telefónica to tick two more boxes on its regional divestment list.
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Strategy & ChangeCould 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 & AlliancesTelefónica 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 & InfraChile 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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PremiumHeadline 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 & ChangeElsewhere in Telefónica Hispanoamérica: spectrum plans firm up
Novator challenge builds; Telcel Mexican dominance resisted; Peruvian fines upheld.
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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.
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PremiumTelefónica 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&ATelefónica 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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PremiumQ2 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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PremiumSpending: 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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PremiumTelefónica: Elsewhere in Hispanoamérica
COVID-19 presents challenges and opportunities as physical thefts rise, while digital services portfolios flourish.
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M&ATelefónica 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.