Telefónica Venturing – Page 10
-
Partnerships & AlliancesTelefónica taps Viasat for Brazilian satcomms
Telefónica Global Solutions division ties with Viasat to target rural enterprise customers. Satellite communications an increasingly common alternative to terrestrial fibre services.
-
M&A
Telefónica said to be negotiating PangeaCo stake sale
Peruvian fibre business reportedly on the market, as Group’s Hispam monetising plans evolve further. PangeaCo to take form of Brazilian/Chilean equivalent, assuming part-sale goes through.
-
M&A
Telefónica (finally) exits Costa Rica
Group finalises long-awaited divestment. Final transaction price is $538m, around $40m short of previously agreed deal. Movistar marque utilised by Liberty as it pursues multi-brand strategy in Costa Rica. Former Movistar Costa Rica exec to head operations.
-
M&A
Rakuten acquires Telefónica open RAN investment
Rakuten to acquire Altiostar, Telefónica minority investment and “partner of choice”. Telefónica relationship with the US-based open RAN specialist extends beyond stake holding, with collaboration in network development and deployment in Europe and Latin America.
-
Partnerships & Alliances
Vivendi reignites Telefónica relationship with new stake
1% shareholding set to be just the start of a closer alliance and reflects the media group’s enthusiasm for strategic telco partnerships. Partnership opportunities exist across the Telefónica footprint, but Spain appears the main area of interest for Vivendi. The move reverses earlier Vivendi exit as a Telefónica investor, ...
-
Venturing & Investments
Telefónica ploughs second batch of funding into “critical” Nozomi
Group’s Tech Ventures vehicle adds to funding in industrial cybersecurity player Nozomi Networks. Telefónica Ventures MD Gawendo talks up the value of the tie-up as Group seeks to beef up IoT security capabilities. Additional investment strengthens relationship between the commercial and strategic partners, started in 2020.
-
M&A
Vivo open to fibre M&A via new FiBrasil JV
CEO Christian Gebara signals interest if the price and quality is right. Brazilian fibre market becoming increasingly competitive.
-
M&A
Cancom joins Telefónica Tech stable
Telefónica Tech picks up cloud and security specialist Cancom, as the Group’s growth-oriented technology division targets a strengthened UK presence. Move appears enabled by compete parameters in Virgin Media–Telefónica UK shareholders’ agreement.
-
Venturing & Investments
Wayra buys into sustainable energy startup Solum
Open Future-accelerated Solum adds Wayra cash to funding pot. Embryonic startup to initiate recruitment drive and go-to-market expansion strategy. Move builds on existing relationship with Telefónica.
-
M&A
Vivo 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.
-
Partnerships & Alliances
Movistar gives fitness startup Volava distribution leg up
Wayra interest Volava taps into Spanish OB’s customer base, with flexible payment options for its hardware. Movistar raises possibility that early-stage link-up could be expanded upon, as startup pounces on COVID-19-spurred exercising-at-home trend.
-
Partnerships & Alliances
Telefónica ties with KKR again on Colombian fibre InfraCo
FTTH InfraCos spun out in Brazil, Chile, and Colombia this month. Latest agreement with KKR sets up InfraCo in Colombia. Chilean fibre venture with KKR finalised. FiBrasil infrastructure company launched in Brazil. InfraCo model lightens capital investment intensity for Telefónica.
-
M&A
Telefónica Tech preps for part-sale
Long-mooted divestment plan appears close to initiation, with reports indicating private equity interest. Division not the big-hitter it once claimed to become, but hoping to draw punters through M&A and partnerships. Downsized ambition and reset scope remind of last decade’s Telefónica Digital, where grand ambition faded away.
-
Partnerships & Alliances
Prosegur extends Telefónica tie-up into Colombia
OB distributing security services in three cities, with aim to strengthen customer retention. Telefónica supporting Prosegur’s LatAm expansion plans, with large growth opportunity anticipated. Collaboration now extends beyond Movistar Prosegur Alarmas JV in Spain.
-
Partnerships & Alliances
Vivo assembles partners for 5G core
Brazilian operating business appears to be pinning down vendors for its 5G standalone network, although Huawei’s role in the country remains unclear.
-
Venturing & Investments
Shopper tracking startup earns Wayra investment and O2 deal
Wayra UK dials up London-based startup’s already substantial financing. Investment sets the stage for a “multi-million-pound” retail partnership with the Group’s UK operator.
-
M&A
In detail: Liberty and Telefónica’s VM-O2 pre-nup
Three-year wait expected before a potential IPO of new joint venture, while both parties expected to remain involved in the business for at least five years. Telefónica reserving its right to go it alone in UK on IoT, cloud, and cybersecurity services. Liberty to get a board presence at ...
-
M&A
Telxius completes European tower sale
Telefónica handed regulatory go-ahead for tower divestment, with German and Spanish sites handed to American Tower. Latin American portion to follow next year, pending approval. Submarine cables also up for grabs, with first bids reportedly received.
-
M&A
Green 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.
-
Partnerships & Alliances
Telefónica Tech adds protective layer to TrustOS
Next-gen services arm strengthens TrustOS offering with data encryption services from new-found friend Entrust.
