Telefónica Venturing – Page 17
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Partnerships & Alliances
Telefónica aims to jump-start OpenRAN with Rakuten
Group taps Japanese operator’s know-how in virtualised networks through MoU. Implied suggestion that TIP collaboration not moving fast enough for commercial “end-to-end” deployment of open RAN architectures.
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Venturing & Investments
Telefónica seeks yet more startups: Open Future Call II
Open Future innovation hubs scout for Spanish startups with broad technological focus.
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M&A
New Three boss snipes at O2–Virgin merger
Finnegan doubtful on merits of O2–Virgin Media deal, but bullish on leading further UK consolidation.
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M&A
Telefónica targets partners for M&A add ons in security
Group reaching into partner base for acquisitions to support expansion plans of new Telefónica Cybersecurity Tech division. Wayra investments maturing as two minority stakes upgraded to whole ownership. Reorganisation of assets for security expansion may be a template for revamp in cloud and IoT target markets.
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M&A
Telefónica jilted in LatAm again
América Móvil gave up on Movistar El Salvador acquisition. Telefónica once again sees sale of a Latin American asset derailed by actions of local competition and regulatory watchdogs.
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M&A
Telefónica drops AxisMed
Group offloads care management specialist to Atrys Health. A pivot from ‘provider’ to ‘partner’ in Telefónica’s healthcare strategy.
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M&A
Telefónica sees exit door in El Salvador (but is it shut?)
Anti-trust agency lays out tough sale conditions to América Móvil’s Claro. Anxious wait to see if Mexican group plays ball. Both Telefónica Móviles El Salvador and Telefónica Multiservicios up for sale in deal reportedly worth $315m.
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M&A
Oi can afford to be choosy as rival bids for assets emerge
Restructuring Brazilian operator Oi is weighing up escalating offers for its mobile assets as a consortium of local operators compete with private equity-funded infrastructure provider Highline. TIM Brasil may have most at stake in bidding, with speculation it would take the lion’s share of Oi assets.
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M&A
Telefónica uses Liberty for Costa Rica exit Plan B
Telefónica still intends to pursue legal action against former buyer Millicom. New agreement looks to have wiped $70m off the previously agreed deal.
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Venturing & Investments
5G incubator club Go Ignite flickers back to life
Anything 5G on the radar of Deutsche Telekom, Orange, Singtel and Telefónica as they get the gang back together for one more startup search.
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M&A
Spanish altnet MÁSMÓVIL hits takeover turbulence
Activist investor tries to foil private equity buyout.
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M&A
Claro joins Telefónica and TIM in Oi bid
América Móvil joins the cavalry as stalking horse bidders ride in with plans to divvy up Oi’s mobile base, bringing consolidation to the Brazilian market.
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Partnerships & Alliances
Telefónica Empresas adds SAP to cloud “dream team”
Madrid data centre is data sovereignty key to partnership with SAP Spain. Agreement bolsters Telefónica Empresas multicloud strategy.
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Partnerships & Alliances
Telefónica partners to promote digital pathology
Operator bringing connectivity, storage and security capabilities to a partnership fostering an accelerated path to medical diagnoses in Spain.
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Venturing & Investments
Telefónica opens wallet for Nozomi Networks
TIV investment builds on partnership between ElevenPaths and the industrial cybersecurity specialist. Reinforces current focus on protecting operational technology.
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Partnerships & Alliances
Telefónica brings Erictel IoT to Brazil and UK
Erictel IoT tech at the core of LUCA offerings. To be supported in more Telefónica markets as close links with Ericsson spin-off intensify.
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M&A
EU: Vestager nod set to prompt regional consolidation race
Vestager distracts from four-to-three merger demands by highlighting potential for creation of pan-European big beasts. But is this feasible in any imminent iteration of Europe, beyond cross-border infrastructure ventures envisaged by Orange?
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M&A
Fries on VM-O2 merger: don’t mention the tax breaks
Liberty Global anticipates substantial opportunities for savings by injecting Virgin Media tax losses into O2, but Fries wary that such behaviour may not chime with goal of creating new UK “national champion”.
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M&A
Telefónica wraps up Atresmedia content JV
New joint venture Buendía Estudios is to be 50% owned by each partner.
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M&A
Telefónica Deutschland confirms tower switch
German operating business to transfer 10,100 sites to Telxius for €1.5bn. Transaction to reduce Telefónica’s net debt by €500m between 2020 and 2021, but won’t slow down its accelerated capex drive. Telxius portfolio has doubled since 2016.