Telefónica Regulatory & Compliance – Page 4
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Premium
Spain takes telco side on “fair share” and M&A policy
Minister for Economy says tech companies must share telco cost burden.
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Premium
Telefónica again locks horns with CNMC over DTS takeover
Further disciplinary proceedings facing Telefónica after it failed to comply with commitments made to secure 2015 DTS takeover, says CNMC.
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Public Affairs
Spain ‘to extend’ Telefónica shield as macro headwinds build
Reports suggest the ‘anti-takeover’ shield could be extended to end-2023.
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M&A
EC clears Telefónica’s Bluevia fibre JV
Telefónica España gains pass to continue with rural fibre deployment in partnership with Predica and Vauban.
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Network & Infrastructure
Haas: O2 on “home straight” with 5G targets
Telefónica Deutschland CEO confident of reaching 98% household target for 100Mbps speeds.
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Premium
Telefónica bags another billion in tax refunds
Spain’s High Court rules in Telefónica’s favour, resulting in €1.3bn refund.
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Premium
Telefónica urges EC to change its merger review ways
An EU high court opinion confirms EC’s power in deciding merger cases.
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Premium
Telefónica Peru pays fraction of giant tax bill
Local tax authority SUNAT receives PEN 354m payment for overdue income tax.
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M&A
Top EU lawyer casts shadow over telco M&A
ECJ Attorney-General says General Court wrong to rule against EC’s blocking of proposed O2–Three UK merger back in 2016.
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Strategy & Change
Telefónica plotting new strategy as macro headwinds bite
Group reportedly calls in McKinsey to overhaul strategic plans.
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Financial & Performance
Tesco Mobile gets momentum back
UK MVNO giant highlights plans for reorg of teams, shops, and ways of working as it reports a return to growth following pandemic.
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Special Report
Deep dive: Vivo sets example for Telefónica peers on fibre-focused growth
Vivo presented to investors as market leader on digital in a fast-growing, young country.
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Public Affairs
Telefónica España facing ‘sharp rise’ in salaries
Spanish operator’s wage structure reportedly forces it to match inflation.
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Operations
Brazil’s Oi demands buyers set aside cash in valuation dispute
Operators seemingly surprised by court order that requires BRL 1.5bn to be placed in holding account while valuation dispute resolved.
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Public Affairs
Virgin Media O2 offers pay rise as BT workers take to picket line
Cost of living payments to be provided for VMO2 staff with a base salary of £35,000 or less.
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Financial & Performance
CaixaBank rejigs stake in Telefónica
CaixaBank reduces holding in Telefónica to 3.49%, reportedly netting it a €40m capital gain.
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Premium
Elsewhere in Telefónica Core Markets: Deloitte selected to re-audit Telefónica España accounts
Deloitte wins deal with Spanish regulator to re‑audit Telefónica’s accounts; UK call centre staff reject pay offer.
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Public Affairs
Telefónica fined €5m after failing on DTS commitments
Spanish regulator CNMC fines telco for breaching terms of DTS deal.
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M&A
Buyers of Oi mobile assets demand discount
Telefónica, Claro, and TIM slap Oi with “post-closing adjustment notice”.
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Network & Infrastructure
Vivo sets out 5G SA rollout agenda
Operator plans to launch 5G SA in all state capitals by the end of the year.