Telefónica Strategy & Change
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Strategy & ChangeBrazil’s Vivo gets Central Bank nod to expand in fintech
Central Bank of Brazil grants licence for operator to expand credit and insurance products and grow its presence in the fintech space.
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Strategy & ChangeTelefónica CEO pledges commitment to Brazil after meet-up with president
José María Álvarez-Pallete expresses confidence in Brazil’s telecoms market during trip to meet the country’s President.
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Strategy & ChangeO2 Germany revives Simyo B-brand as discount push continues
Mobilezone partnered to resurrect budget brand, continuing commercial aggression as O2 seeks to fill void left by 1&1 contract loss. Strategy shift yet to materially deliver, however. Read more…
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Strategy & ChangeTelefónica said to refinance struggling Peruvian biz again
Group reportedly approves capital reduction and further investment in the country, as unit continues to seek a turnaround after reporting sales and earnings declines in FY23…
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Network & InfrastructureVirgin Media O2 fibre NetCo carve out coming for Openreach (and ISP clients)
Potential number-two NetCo to be created by VM O2 and owners Liberty Global and Telefónica, with the aim of creating a scale wholesale fibre challenger; open to M&A consolidation; nexfibre remains arms length…
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Strategy & ChangeTelefónica pushes beyond 500 AI system deployments
Mobile Europe 5G and Beyond: Chief Responsible AI Officer Richard Benjamins discusses technology’s potential to reduce opex and capex while driving efficiencies. Data collection and governance strategy tweaks position the operator to accelerate commercialisation of new AI-based products and services.
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Network & InfrastructureVirgin Media O2 says Tata to workplace app tangle
Tata Consultancy Services to refresh operator’s employee experience systems as part of ongoing programme of synergy extraction from former Virgin Media and O2 infrastructure.
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Strategy & ChangeTelefónica finalises Spain job cuts, wage increases ‘on the way’
Agreement reached with unions on CEV III framework and new incentivised early-retirement scheme, with more than 3,000 redundancies anticipated. Plans to increase wages and reduce working hours also reportedly in the works, and extension to other subsidiaries also a possibility…
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Strategy & ChangeTelefónica puts O2 share-buying offer on the table
Shareholders able to tender their shares until mid-January 2024, with settlement expected before fiscal year dividend payment in May. Group has already upped its stake in German operating business, with full takeover and revised dividend policy intended to support new three-year strategic plan.
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Strategy & ChangeTelcoX study reflects Telefónica’s tech-led confidence
TelcoX EMEA CSP and ecosystem Leadership & Performance Report provides insight into how Telefónica is perceived by senior leadership and peers.
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Strategy & ChangeFY24–FY26 plan: Telefónica flaunts its capex-factor
Group lays out GPS-branded strategy update, grabbing spotlight with industry-‘leading’ ambition on capex intensity reduction.
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Strategy & ChangeTelefónica 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 & ChangeTelefónica 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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Strategy & ChangeAtento goes private as transformation plan remains ‘on track’
Telefónica-linked customer relationship service provider delisted from NYSE after market cap underperformance.
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Financial & PerformanceQ2 FY23: Telefónica to navigate via ‘GPS’ in next strategic cycle
Growth, profitability, and sustainability are key focus areas as Group preps vision for cash flow growth in the period to FY26. Learn more about the upcoming strategy update being concocted with McKinsay that was outlined with the Q2 results…
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Strategy & ChangeTelefónica emphasises collaboration and cloud in API strategy
Speaking at DSP Leaders event, SVP Juan Carlos Garcia Lopez says Telefónica is placing collaboration at the forefront of its API strategy to avoid past industry traps.
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Strategy & ChangeLiberty open to shedding Virgin Media O2 stake
Liberty CEO Mike Fries labels VM O2 and VodafoneZiggo as “interesting candidates” for listing. Group sees opportunity to list any of its operating entities given the right circumstances.
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PremiumTelefónica Deutschland preps ‘future-ready’ OSS with TCS
Tata Consultancy Services to provide service assurance solutions to improve the operator’s IT operations.
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OperationsTelefónica speeds up closure of copper exchanges
Higher energy prices increase urgency of replacing copper accesses with more energy-efficient fibre.
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Strategy & ChangeTalk of Telefónica Tech partnership resurfaces
Executive Chairman José María Álvarez-Pallete says Telefónica Tech is outperforming, and wants the market to recognise value.