Telefónica Strategy & Change – Page 2
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Strategy & Changestc secures stake (and strategic say) at Telefónica
Saudi operator increases its holding in Spanish operator to just below 10%, following government approval for controversial move in November. Share buy to be accompanied by a Board of Directors seat, confirming stc’s position of influence over Telefónica, alongside Spanish government, as Group changes complexion. Read more…
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Strategy & ChangeDeep dive: The politics behind Telefónica’s boardroom putsch
In bombshell move, Chairman and CEO José María Álvarez-Pallete forced out, following apparent boardroom coup by Spanish state. TelcoTitans considers the political backdrop, internal and national, as Indra’s Marc Murtra installed at helm…
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Strategy & ChangeLiberty gives European B2B services business a new name and mission
Shared services arm rebadged and given mandate to seek expansion in areas such as energy, fintech, and insurance.
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Network & InfraO2 Germany begins IT infra migration after inking ‘long-term’ Tele Columbus deal
Tele Columbus data centre operator PŸUR Business wins O2 custom as Telefonica OB seeks to establish a unified colocation area in Leipzig.
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Analyst BriefingTelefónicawatch Weekly: Group has new AI friend, Colombia pressure rises, API JV needs reach
Operator backs Perplexity’s AI engine with funding, a trade deal, and fresh TV services. Group also joins calls for more players to get on board with Ericsson API joint venture. Read more…
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Strategy & ChangeBrazil’s Telecall preps to take on Colombia’s ‘big four’ — report
New entrant tipped to launch 5G SA services by June 2025, despite co-founder Bruno Ajuz sharing major players’ perspective of a challenging market environment. Read more…
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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 & InfraVirgin 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 & InfraVirgin 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.