Telefónica News – Page 8
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M&A
Telefónica maintains ‘full optionality’ on non-core Hispam businesses
Q3 FY23: In strategy update, operator indicates it will continue to keep its trimmed-down collection of smaller Latin American assets on a strict cost control regime, flagging consolidation, divestments, and further NetCo ventures as possibilities to protect free cash flow in the next three years.
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Financial & Performance
Telefónica Tech charts three-year course towards €3bn revenue target
Division seeks to ease reliance on acquisitions while expanding portfolio of “next-gen” IT solutions to grow total revenue.
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Strategy & Change
Telefónica outlines €200m ‘recovery plan’ for German unit, after 1&1 breakup
Loss of major wholesale customer provides a Meerkat Moment for Group to up its ownership of Telefónica Deutschland while also refreshing its German services and partnerships.
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Strategy & Change
Telefónica moves to take full ownership of German business
Operator buys up shares in German operating business as it looks to further simplify its structure and increase focus on its core territory.
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M&A
Telefónica’s Bluevía acquires sliver of Spanish fibre from Excom
Operator’s Spanish fibre joint venture makes first M&A move to expand footprint in Andalusia.
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Eventwatch
Telefónica keeps eyes on programmable networks prize in push for open fixed broadband
Spanish operator shares strategic thinking behind long-gestating Open Broadband project at Telecom Infra Project’s (TIP) Fyuz event.
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Financial & Performance
Vivo Q3 growth fuelled by fibre and B2B services
CEO Christian Gebara heralds fixed-line business segments as key areas for operator as it reports a solid quarterly performance.
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Network & Infrastructure
Brazil’s Vivo calls for 5G RAN sharing freedom
Operator moots 5G extension to wide-scale RAN sharing arrangement with rival TIM Brasil, despite increased regulatory jumpiness over urban infra collaboration between major mobile operators.
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Partnerships & Alliances
O2 Germany kicks off ORAN trials with Samsung
Pragmatic move to lean heavily on Samsung and encompass vRAN will trigger ‘true ORAN’ zealots, but operators understandably prioritise ‘optionality’ benefits and outcomes above all else.
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M&A
Spain mulls Telefónica stake buy, as stc ‘backs off’
Spanish government seeks to gain greater control of “strategic” Telefónica in light of stc’s bid to increase stake.
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Financial & Performance
Telefónica’s connected-security JV flags progress in profit pivot
Operator’s three-year-old joint venture with Prosegur highlights improvements in churn, user spend, and profitability after switching focus away from growth-above-all strategy seen in its startup phase.
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Public Affairs
Wait goes on for EC’s investment revival ‘vision’
European Commission guidelines for new Digital Networks Act expected before June 2024, but draft legislation not until 2025.
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Premium
Telefónica people moves: Tech names new AI and big data lead
Telefónica Tech shuffles business intelligence and big data managers.
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Public Affairs
Telefónica ‘presents’ job cut plans to Spanish unions
Operator set to reduce headcount by up to 5,000 through new Individual Contract Suspension Plan.
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Network & Infrastructure
Telefónica Tech launches new Spanish node for VDC service
Telefónica Tech sets up new node for Virtual Data Center service in Barcelona, harnessing tech from VMware and Zerto.
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Financial & Performance
Virgin Media O2–Tesco joint venture nears £1bn revenue mark
Twenty-year old joint venture, UK’s largest MVNO, posts a jump in sales despite being a rare hold-out on inflation-linked price rises.
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Venturing & Investments
Wayra Hispam invests in retail analytics provider Celes
Startup accelerator’s latest investment part of $1m funding round.
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M&A
stc distraction hangs over Telefónica strategic reset
Saudi operator’s bid for 9.9% stake in Telefónica creates uncertainty ahead of CEO José María Álvarez-Pallete’s strategy big reveal.
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Network & Infrastructure
Spain kicks off 5G SA funding call
Spain opens bidding for UNICO-5G Redes Activas programme, providing €543.8m to accelerate 5G standalone rollout in rural areas of the country.
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Network & Infrastructure
Movistar–Tigo network-share deal approved in Colombia
Superintendencia de Industria y Comercio green lights Movistar and Tigo infrastructure-sharing deal in Colombia, but no word on clearance from MinTIC.