Telefónica News – Page 45
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Venturing & InvestmentsWayra invests in ‘Spanish Google Drive’
Cloud storage provider Internxt receives cash injection in new funding round. Security-focused business hopes to grow “even faster” with newfound support.
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Venturing & InvestmentsTelefónica takes stake in deep-tech investment fund
Leadwind, launched between Telefónica and K Fund last year, raises €140m in first closing. Telefónica named largest private backer, with Spanish government’s innovation fund among public support.
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M&AOi sale completed following two-year wait
Consortium featuring Telefónica|Vivo, América Móvil’s Claro Brasil, and TIM Brasil concludes BRL 14.5bn deal for Brazilian operator’s mobile assets. Move will bring a “new infrastructural balance” to the market. Initial interest was mooted in March 2020, with Oi having filed for bankruptcy in 2016. Telefónica|Vivo to net 12.5 million ...
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MarketingTelefónica, Deutsche Telekom lock horns over ‘T’ logo
DT objects to Telefónica’s adoption of a ‘T’ made up of five circles.
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Strategy & ChangeTelcos seek security in the cloud as 5G grows
Telefónica’s Patricia Diez Munoz acclaims 5G security credentials, but edge deployments and multi-vendor environments bring new challenges. Neil McRae of BT positions security at the fore of cloud-native transformation and calls on vendors to finally ditch legacy attitudes to security, and the days of “stupid passwords”.
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PremiumTelefónica people moves: advisory swaps at Tech
Telefónica Tech adds Jaime Bergel and Eva Fernández to its Advisory Board, taking membership to 14. New operations lead added to Technology functions in Brazil and Germany. Jaime Smith Basterra replaces long-serving Telefónica non-executive Peter Erskine on the O2 Germany Supervisory Board. VM O2 commits to establishing a FinOps ...
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OperationsVivo refocuses M&A strategy with CVC launch
Vivo Ventures expected to become one of the largest CVCs in Brazil. Plans to invest BRL 320m across a number of startups over the next five years.
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M&ATelefónica’s Vilá welcomes merger of rivals in ‘fragmented’ Spanish market
Telefónica COO again questions whether Telefónica should now be seen as a dominant player. Vodafone said to be exploring options for its fixed assets in Spain.
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PeopleTelefónica-backed content studio renews board
Buendía Estudios elects Gayo Chair, with equal representation from Telefónica and co-parent Atresmedia. Telefónica influence through Movistar’s Oslé, Movistar Plus+’s Burzako, and HQ’s Navarro.
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PremiumTelefónica FY21 Headlines: slow but steady improvement
Group ends M&A- and pandemic-dominated year in forward gear on revenue and earnings. ‘Core’ quad performs solidly. Hispam turnaround progresses. Impairments in Peru and Spain fly below-the-radar. A final wave of infra deals on the way.
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PremiumTelefónica FY21 Guidance: growth expected, aided by deal-making
Management indicates gathering levels of confidence. M&A adds are key to recovery goals, however.
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PremiumTelefónica sets vision for rural connectivity
Internet para Todos joint venture inspires regional, rural manifesto. Proposed changes include calls for regulatory change and investment incentives. Lessons learnt in neighbouring markets implemented in IpT’s Peru home.
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PremiumTelefónica Innovation & Venturing Roundup: Open Future & Wayra on the lookout
Open Future and Wayra launch fresh startup calls; smart port developments in Valencia; co-investments promised in Spanish sports-tech.
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PremiumElsewhere in Telefónica Hispanoamérica: Eco Rating Scheme introduced across markets
Eco Rating system extended to Hispam; Chile preparing for 5G auction; FTTP rival Mundo acquired by DigitalBridge.
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Network & InfrastructureLiberty CTO sees VM O2 fibre cost advantage
Rodriguez bullish on a cost-effective transition to fibre in the UK market, confounding the consensus view. However, other Liberty ventures may see a longer and more costly migration. Liberty embracing an all-IP environment as a chance to make the most of network capacity while delivering bundled offerings. Perils of ...
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PremiumTelefónica FY21: Group more comfortable with exposure levels
Hispam still not considered ‘core’. However, executives are clearly less concerned by volatility and cash flow drags from cluster of regional OBs. Group indicates deal-making shift from full country exits to infrastructure asset rejigging.
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PremiumElsewhere in UK: Schüler calls for 5G incentives
Schüler calls for more 5G backing; Truphone switches to BT Wholesale; brand campaign launched to drive Volt.
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PremiumElsewhere in Spain: Zoom added to Movistar Home
Movistar Prosegur Alarmas revs customer growth; Living Apps expand with Amazon, Twitter, and Zoom among the newcomers.
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PremiumTelefónica establishes solar energy JV with Repsol
Creation of 50:50 JV to take advantage of recent surge in energy prices. New venture will target both domestic and business markets.
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PremiumO2 tasks Nokia RIC to spot bad behaviour
Near-real-time RAN Intelligent Controller (RIC) to detect unusual behaviour of eleven RAN nodes as part of “learning phase”. Airspan flagged as supplier in open RAN small-cell deployment.