All Telefónica Hispanoamérica articles – Page 7
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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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Strategy & Change
Elsewhere in Hispanoamérica: Chilean rivals team up
Rivals team up in Chile; Telefónica Mexico builds out its third-party coverage.
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Premium
Movistar, WOM in fibre building show down
Rival operators both submitted proposals for multibillion-peso regional fibre deployment contract, set to be awarded in late-2021.
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Strategy & Change
Telefónica progresses centralisation of Hispam
Milagros Montenegro takes on what appears to be a new purchasing role at the Hispam unit. More growth is reported for Q3, but it’s still early days for Hispam.
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M&A
Telefónica’s El Salvador sale under review by regulator
$144m deal cannot go ahead without authorisation. SC has 90 business days to reach a decision.
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M&A
Telefónica sells El Salvador unit at the second attempt
Honduran financiers acquire Telefónica El Salvador for a cut-price $144m following breakdown of negotiations with América Móvil in 2020. Move completes Telefónica’s exit from Central America.
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Venturing & Investments
Telefónica Innovation & Venturing Roundup: Open Future seeks disruptive startups
Advisory group Mountside helping Wayra ensure businesses are “investor-ready”; Open Future seeks new generation of disruptive startups; regional Wayra hubs enter partnerships.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: regulatory headaches in Argentina & Peru
Regulatory decisions go against Telefónica in Argentina and Peru.
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M&A
Telefónica nearing Uruguay exit?
New suitor emerges as Telefónica considers bid for Uruguayan unit. Local politician leading acquisition push on behalf of consortium partners. Reported bid falls some way short of independent valuation.
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Public Affairs
Telefónica on edge as rambunctious Peru government beds in
Reports highlight fears that multinationals in Peru may face tougher opposition in trading and taxation disputes as the new Peruvian administration develops its strategy under a strongly left-leaning President. Risks the future of a local Telefónica InfraCo; could face complications in a challenging political climate.
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Products & Services
Govertis added to Telefónica’s Peru line-up
Cyber consultancy and Telefónica acquisition bolsters Telefónica Tech Peru portfolio. Movistar Empresas to offer compliance and risk services.
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Premium
Helexia adds solar smarts to Vivo’s self-generation push
Support work beginning on solar energy producer’s 20-year deal with Brazilian OB. Vivo’s renewables drive cranked up a notch with expansion of DG model.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: Argentinian OB rues State interference
State interference continues to plague Argentinian OB; mobile licence renewals discussed in Ecuador.
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Network & Infrastructure
Telefónica Argentina and Sion buddy up on provincial fibre
Argentinian OB to lean on third-party infrastructure to extend connectivity to harder-to-reach communities. Movistar looking at expanding reach of its city-centric FTTP footprint.
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Network & Infrastructure
Telefónica gets nod for Colombian open RAN trial
Two Telefónica projects advance to a testing phase in Colombia’s Regulatory Sandbox initiative. Open RAN project builds on Internet para Todos rollout in Latin America. SOC targets real-time network experience monitoring.
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Operations
Vivo Empresas gets hiring to accelerate digital sales
B2B unit to ramp up commercial activity through New Talents scheme. Hybridised work schedule on offer to applicants.
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Premium
Telefónica claims inflection point as structure shifts
Despite changing perimeters and restatements making a clear view difficult, organic growth across the business offers promise. Guidance improved on positive first half for revenue and profit, but operating cash flow is retreating compared with FY22 goals. Net debt coming down after disposals and restructuring, and Latin American loans ...
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Premium
Q2/H1 FY21: Abasolo hails revitalised Hispam
15-quarter streak of negative headline reported figures broken. Buoyant management considers new asset-light operating model can prove longterm value of the regional OBs to the Group. Contract mobility and fibre broadband positioned as central to commercial turnaround.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: Peruvian regulatory headaches
CAF gives Telefónica relationship a ‘new normal’ reset; Peruvian regulatory headaches persist, as Telefónica’s fines mount and OB questions payTV clampdown.
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M&A
Telefónica said to be negotiating PangeaCo stake sale
Peruvian fibre business reportedly on the market, as Group’s Hispam monetising plans evolve further. PangeaCo to take form of Brazilian/Chilean equivalent, assuming part-sale goes through.