Telefónica Venturing – Page 11
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M&AGroup’s Central America withdrawal complete
El Salvador’s Superintendencia de Competencia gives Group green light to exit the market through transaction announced with General International Telecom in autumn. No conditions attached to approval, unlike earlier deal with América Móvil that ended up collapsing. Deal is final of five regional sales by Group.
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Partnerships & AlliancesTelefonica targets health sector as digitalisation laggard
Healthcare sector viewed as an area with great digital potential, and slow take-up to date, with Telefónica focused on a collaborative approach. Across all sectors, innovation strategy remains focused on building not only networks, but platforms on top of them that will enable the Group to create new revenue ...
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M&AVM O2 CEO happy as spectator to BT takeover saga
Lutz Schüler, CEO at Virgin Media O2, said he “thanks God” his business is not distracted by shareholder goings on. Comes after Patrick Drahi expanded his shareholding in VM O2 rival BT. Schüler’s attention fixed on customer experience improvements and fibre rollout.
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Partnerships & AlliancesCelcom teams up with Telefónica Tech to bolster Malaysian cybersecurity
Pair launch two cyber threat solutions to mark new partnership. Move represents Telefónica Tech’s third Malaysian tie-up in recent years.
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Venturing & InvestmentsWayra Hispam expands startup investment portfolio with Mexican duo
Vinco and Retrypay join over 100 startups as part of Wayra Hispam’s “ongoing commitment to digital transformation”.
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Partnerships & AlliancesTelefónica goes MagNET fishing for telco SME tie-ups
Growth division reveals it has been building out a new B2B service delivery platform to strengthen its place in the value chain. Telco and SI partners being sought to extend MagNET-based offerings “globally”.
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M&ASpain shields Telefónica as KKR’s TI bid makes waves
Spanish government reinforcing restrictions that would halt hostile bids for Telefónica until 2023. Europe’s telco sector awash with bid speculation as KKR pursues TI, and Indian conglomerate Reliance Industries is linked to a BT bid.
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Partnerships & AlliancesTelefónica explores rural solutions with solar plane startup Skydweller
Collaboration targets disaster relief and deep-rural areas.
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Venturing & InvestmentsTelefónica Innovation & Venturing Roundup: handful of Wayra investments flagged
Handful of investments flagged by regional Wayra hubs with interests in autonomous robotics, ed-tech, and fintech.
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Partnerships & AlliancesTelefónica Tech joins Ferrovial’s 5G development initiative
5G smart roads project attracts support of Microsoft, among others.
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Venturing & InvestmentsWayra buys into robotics startup
UM Autonomous Systems attracts €2.3m investment. Wayra additionally backs software solution developer Cobrainer.
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Partnerships & AlliancesProsegur plots LatAm expansion with “ally” Telefónica
Prosegur outlines plans to copy-paste Movistar Prosegur Alarmas JV model in overlapping LatAm footprint. MPA continues to grow customer base in latest results.
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Venturing & InvestmentsVivo transaction carries Telefónica Tech into Brazilian IoT space
Telefónica’s expansive growth areas division furthers its international ambitions by negotiating a tie-up with Vivo on IoT and analytics-based services. Deal mirrors an August transaction that gave Telefónica Tech an interest in Vivo’s cloud and security business.
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M&ATelefónica’s El Salvador sale under review by regulator
$144m deal cannot go ahead without authorisation. SC has 90 business days to reach a decision.
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M&ATelefónica sells El Salvador unit at the second attempt
Honduran financiers acquire Telefónica El Salvador for a cut-price $144m following breakdown of negotiations with América Móvil in 2020. Move completes Telefónica’s exit from Central America.
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Venturing & InvestmentsAtlasEdge reels in more investment, new CEO
Liberty-backed European datacentre operation gets investment boost from Digital Realty. Giuliano Di Vitantonio to become CEO in January. Virgin Media O2 confirmed as AtlasEdge customer.
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M&ATelefónica moulds new UK unit for central cloud push
Cancom business, bought in August, becomes “Telefónica Tech UK & Ireland”. New name reflects ambitions to widen out Group’s in-country offering.
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Partnerships & AlliancesGreggs keeps good times rolling with VM O2 partnership
Virgin Media O2–Greggs alliance working “well for both brands”, as telco adds element of differentiation to customer loyalty programme.
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Venturing & InvestmentsWayra buys into eSIM startup Airalo
Telefónica one of four telco investors in eSIM specialist. Funding to be used to expand to more countries and recruit more staff.
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Venturing & InvestmentsTelefónica-backed VC fund targets ‘global champions’
Telefónica joins Kanoar to launch Leadwind as “anchor investor”. Targets scale-ups in Europe and Latin America, with investments of up to €15m and partnerships within the Telefónica ecosystem.