Telefónica Regulatory & Compliance – Page 5
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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.
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Premium
Elsewhere in Hispanoamérica: Subtel requests explanation over Chilean outages
Chilean telecoms regulator issues RFI regarding widespread outages; Movistar facing reinforced competitor in Colombia following clearance of Avantel–WOM merger.
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M&A
Vivo buys Vita IT to grow network services offer
Brazilian operator’s IT services arm picks up systems integration specialist for an undisclosed fee.
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Public Affairs
Telefónica Peru ‘willing to pay’ hefty €1.4bn tax bill
President Castillo triumphantly claims that Movistar has “agreed to pay its debt to the Peruvian people”.
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Premium
Elsewhere in Spain: coastal 5G network expansion launched
Movistar targets 5G expansion; network used for remote surgery pilot.
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Premium
Elsewhere in Germany: Munich to become “5G capital”
O2 Germany expands 5G coverage to Munich subway; establishes 5G campus network at Technical University of Munich; falls foul of GDPR in North Rhine‑Westphalia.
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Premium
Elsewhere in Telefónica Group: Telefónica chairs ERT meeting
Telefónica chairs European Round Table for Industry meeting at Madrid HQ; launches host of environmental and inclusivity initiatives.
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Partnerships & Alliances
Vivo’s network share deal challenged by rivals
Reciprocal agreement with Winity requires regulatory approval.