Telefónica Regulatory & Compliance – Page 8
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Public AffairsMovistar builds defence against CNMC F1 rights decision
Operator to take Spanish regulator to national court over antitrust complaint lodged in August 2021. Telefónica’s F1 deal with DAZN in the spotlight of fresh DTS terms troubles.
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PremiumTelefónica shuts down 1,000 copper exchanges
Reaches milestone five years after the shutdown programme began. La Audencia Nacional annuls €3m CNMC fine on treatment of wholesale DSL customers. Green measures introduced in 2020 mean operator “on track” for net-zero emissions by 2025.
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Strategy & ChangeElsewhere 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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Strategy & ChangeMovistar shares football rights with challenger Orange
Orange takes up alternative broadcaster title with La Liga and UEFA tournament showings in Spain. Movistar pockets an estimated €350m from the deal.
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Strategy & ChangeElsewhere in Telefónica Group: Álvarez-Pallete blasts regulatory framework
Álvarez-Pallete blasts “outdated” European regulations.
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Strategy & ChangeElsewhere 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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Strategy & ChangeVM O2 preps for wholesale with code powers application
Concerns over securing acceptable commercial terms for key sites on VM O2 network behind request for additional tenancy rights. Code-based flexibility will simplify the process of enabling wholesale access to sites, while supporting potential network expansion.
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M&AVivo set for a longer wait as CADE rules Oi deal is complex
Regulator to take its time to examine Oi divestment in detail. Decision confirms fears that closure will likely take place in 2022. Suggestion raised that deal could even be rejected.
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OperationsFour-day weeks and home working at Telefónica
“Avant-garde” union deal writes in provisions for permanent hybrid working for 15,000 employees. Four-day week pilot promised for volunteer employees, with an accompanying drop in pay. 1% salary increase also flagged.
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Strategy & ChangeElsewhere in Telefónica Hispanomérica: Colombia FTTP drive; Telefónica Peru divests Red Digital stake
FTTP investment continues in Colombia; Telefónica exits digital transaction platform in Peru.
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Public AffairsNational court backs Telefónica over Canal+ deal
Audiencia Nacional rejects claims made by Vodafone Spain and others that 2015 DTS acquisition impedes competition. Expresses confidence in regulator CMMC to monitor pay TV market.
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PremiumGreen light for Telefónica Costa Rica exit ‘take two’
Liberty Latin America purchase secures regulatory approval. Telefónica’s drawn-out Centroamérica exit takes another small step forward.
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M&AVM-O2 sets sights on BT as merger gets final clearance
CMA’s final approval should see deal completed by 1 June. Owners trumpeting investment opportunities with fibre InfraCo potential coming to the fore.
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M&ACADE makes Vivo wait for share of Oi’s mobile assets
Industry watchdog still inspecting ins and outs of Oi divestment. Closure now expected in early-2022. Consortium partners still confident of being granted go-ahead.
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Strategy & ChangeElsewhere in Telefónica Core Markets: E-Plus review closed
EC ends E-Plus review; German 5G rollout builds; UK taskforce plans for supplier diversity.
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PeopleÁlvarez-Pallete hails Spanish leadership in digital revolution
Telefónica Executive Chairman says Spain is in a “leadership position” in digitisation, but requires a new “framework” to take full advantage. Data underlined as paramount, with a ‘social contract’ needed to ensure privacy and fair valuation.
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M&ACMA doubts bundle demand as it greenlights VM-O2
Provisional clearance of merger based on limited ability of the partners to manipulate wholesale pricing and services in their favour. Creation of a new fixed-mobile giant not expected to unleash a sudden surge towards single-contract multi-play bundles in the UK market.
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Public AffairsVivo in CADE firing line for cartel foul play
Brazilian consortium of Claro, Oi, and Vivo may face fines for alleged cartel practices relating to a 2015 broadband services tender. BT Brasil on the receiving end of supposed competition violations.
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Public AffairsTelefónica softens Millicom litigation demands
Millicom calls to dismiss legal case ruled out by Supreme Court. Telefónica dampens demands to instead seek damages. Litigation remains in motion.
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Public AffairsTelefónica sacks security execs in fraud probe: reports
ElevenPaths’ partner relationships under scrutiny as Group looks into dealings within managed security services unit. Report ties investigation with Govertis takeover in 2020, and senior executive reshuffle flagged in February.