Telefónica fibre partner Atelco said to file for bankruptcy after Spanish contract loss

Cameron Page2026-07-14T15:23:00

Source: Unsplash / Signature Pro

Telefónica fibre services subcontractor reportedly files for insolvency after losing critical ‘local loop’ contract, with union talks over future of workforce underway. Telefónica said to have aimed to simplify operations with the renewal, as part of wider cost-cutting measures that include renegotiating supplier deals…

This article includes:

Organisations: Atelco Soluciones; Capgemini; Circet; Cobra; Comisiones Obreras (CCOO); Elecnor; Ezentis; Ezentis Tecnologia; Excelsior Times; Inetum; Millicom; Minsait; Muzinich; Telefónica; Telefónica|Vivo; Unión General de Trabajadores (UGT).
Geographies: Chile; Colombia; Europe; Latin America; Peru; Spain.
People: Marc Murtra.
Themes: Bankruptcy; Copper decommissioning; Cost cutting; Fibre networks; Fibre rollout automation; Insolvency proceedings; IT supplier contracts; Local loop contracts; Network maintenance; Technical support services; Telecommunications; Vendor renegotiation; Workforce restructuring.

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