Tag #Telefónica

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cincodias.elpais.com

🌐 75% Global Worthiness

Mar 31, 19:14

Telefónica Plans European Consolidation, Latin American Divestments

Telefónica's new CEO, Emilio Gayo, announced on Monday that the company is exploring consolidation options in Spain, the UK, and Germany to become a strategic European player, while also continuing its divestment strategy in Latin America, recently selling its subsidiaries in Argentina and Colombia ...

Telefónica Plans European Consolidation, Latin American Divestments

Telefónica's new CEO, Emilio Gayo, announced on Monday that the company is exploring consolidation options in Spain, the UK, and Germany to become a strategic European player, while also continuing its divestment strategy in Latin America, recently selling its subsidiaries in Argentina and Colombia ...

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How do Telefónica's divestments in Latin America contribute to its broader strategic goals, and what are the long-term consequences?

Gayo's statements reflect a broader trend of European telecom consolidation driven by geopolitical shifts and the need for stronger, technology-focused companies. Telefónica's actions, including the sale of Latin American assets and the pursuit of European partnerships, aim to create a more competitive, strategically positioned entity. This follows the company's stated goal of becoming a major player in the European market, with a focus on expanding into key areas of technology and infrastructure.

elpais.com

🌐 75% Global Worthiness

Mar 26, 07:13

Millicom's Acquisition of Movistar Colombia: A Duopoly Emerges

Millicom (Tigo) is buying a 67.5% stake in Movistar Colombia from Telefónica for $367 million, creating a potential duopoly with Claro and raising concerns about spectrum allocation and regulatory changes.

Millicom's Acquisition of Movistar Colombia: A Duopoly Emerges

Millicom (Tigo) is buying a 67.5% stake in Movistar Colombia from Telefónica for $367 million, creating a potential duopoly with Claro and raising concerns about spectrum allocation and regulatory changes.

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How does Telefónica's divestment from Movistar Colombia fit into its broader regional strategy, and what regulatory challenges might arise from the merger?

Telefónica's divestment aligns with its broader Latin American strategy, with Millicom potentially acquiring Movistar operations across the region. This raises concerns about regional regulatory challenges, particularly regarding radio spectrum allocation, potentially requiring Millicom to return some licenses to comply with national limits.

elmundo.es

🌐 75% Global Worthiness

Mar 22, 01:13

Argentina Blocks Telecom Argentina's Takeover of Telefónica to Prevent Monopoly

The Argentine government, led by Javier Milei, blocked Telecom Argentina's bid to acquire Telefónica Argentina due to concerns about market monopolization, citing that the merger would give Telecom control of up to 80% of the residential internet market in some areas.

Argentina Blocks Telecom Argentina's Takeover of Telefónica to Prevent Monopoly

The Argentine government, led by Javier Milei, blocked Telecom Argentina's bid to acquire Telefónica Argentina due to concerns about market monopolization, citing that the merger would give Telecom control of up to 80% of the residential internet market in some areas.

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What are the immediate consequences of the Argentine government's decision to block Telecom Argentina's takeover of Telefónica Argentina?

The Argentine government under Javier Milei blocked Telecom Argentina's acquisition of Telefónica Argentina, citing potential monopolistic control. This decision, based on the National Commission for the Defense of Competition's recommendation, aims to prevent market distortion and protect consumer rights.

cincodias.elpais.com

🌐 75% Global Worthiness

Mar 13, 04:09

Telefónica Sells Coltel Stake to Millicom for $400 Million

Telefónica sold 67.5% of its Colombian subsidiary, Coltel, to Millicom for $400 million, aiming to reduce its Latin American presence, while Millicom plans to acquire the remaining shares to enhance its market position and boost Colombia's digital inclusion.

Telefónica Sells Coltel Stake to Millicom for $400 Million

Telefónica sold 67.5% of its Colombian subsidiary, Coltel, to Millicom for $400 million, aiming to reduce its Latin American presence, while Millicom plans to acquire the remaining shares to enhance its market position and boost Colombia's digital inclusion.

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What are the potential long-term impacts of Millicom's acquisition of Coltel on digital inclusion and competition in Colombia?

Millicom plans to invest in Coltel's network and spectrum to advance Colombia's digital inclusion goals. This transaction signals further consolidation in the Latin American telecommunications sector, with implications for competition and investment in digital infrastructure.

cincodias.elpais.com

🌐 85% Global Worthiness

Feb 17, 19:09

Telefónica Perú Files for Bankruptcy Amidst Mounting Losses and Tax Disputes

Telefónica Perú declared bankruptcy in 2024 due to a net loss of 3.391,59 million soles (872 million euros), a 452.83% increase from the previous year, primarily caused by long-standing tax disputes with SUNAT totaling 2.473 million soles (634.5 million euros) and high competition.

Telefónica Perú Files for Bankruptcy Amidst Mounting Losses and Tax Disputes

Telefónica Perú declared bankruptcy in 2024 due to a net loss of 3.391,59 million soles (872 million euros), a 452.83% increase from the previous year, primarily caused by long-standing tax disputes with SUNAT totaling 2.473 million soles (634.5 million euros) and high competition.

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What were the main factors leading to Telefónica Perú's bankruptcy filing, and what are the immediate financial consequences?

Telefónica Perú reported a net loss of 3.391,59 million soles (872 million euros) in 2024, a 452.83% increase from 2023. This significant loss, coupled with a 7% decrease in revenue to 6.020 million soles (1.548,5 million euros), led the company to voluntarily file for bankruptcy.

elmundo.es

🌐 75% Global Worthiness

Feb 14, 22:08

Telefónica Peru Files for Bankruptcy Amidst Long-Standing Tax Disputes

Telefónica's Peruvian subsidiary filed for voluntary bankruptcy due to over 20 years of tax disputes and administrative challenges, receiving a €400 million credit line from Telefónica Hispanoamérica to maintain operations during restructuring.

Telefónica Peru Files for Bankruptcy Amidst Long-Standing Tax Disputes

Telefónica's Peruvian subsidiary filed for voluntary bankruptcy due to over 20 years of tax disputes and administrative challenges, receiving a €400 million credit line from Telefónica Hispanoamérica to maintain operations during restructuring.

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What are the immediate consequences of Telefónica del Perú's voluntary bankruptcy filing?

Telefónica's Peruvian subsidiary has voluntarily filed for bankruptcy to restructure its finances and operations. This follows over 20 years of financial and administrative challenges, stemming from tax disputes and regulatory decisions. A credit line of 1.549 billion Peruvian soles (approximately €400 million) has been extended by Telefónica Hispanoamérica to maintain operations during the restructuring.

cincodias.elpais.com

🌐 65% Global Worthiness

Mar 27, 10:11

Telefónica Spain Appoints New CRO, Restructures Leadership

Telefónica Spain appointed Óscar Candiles as its new chief revenue officer (CRO), making him the number two executive, following the recent appointments of Borja Ochoa as president and Emilio Gayo as global CEO, all part of a broader restructuring under new chairman Marc Murtra, with several executi...

Telefónica Spain Appoints New CRO, Restructures Leadership

Telefónica Spain appointed Óscar Candiles as its new chief revenue officer (CRO), making him the number two executive, following the recent appointments of Borja Ochoa as president and Emilio Gayo as global CEO, all part of a broader restructuring under new chairman Marc Murtra, with several executi...

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What are the potential long-term consequences of the increased presence of executives from Indra within Telefónica's leadership?

The influx of executives from Indra, including the new president of Telefónica Spain, suggests a potential shift in the company's technological and strategic direction, possibly influenced by the SEPI's involvement. The creation of the CRO position indicates a focus on revenue generation and market competitiveness.

elpais.com

🌐 85% Global Worthiness

Mar 22, 01:13

Argentina Blocks Telefónica Sale Amid Antitrust Concerns

The Argentine government temporarily blocked Telefónica's $1.245 billion sale to Telecom Argentina due to antitrust concerns, projecting the merger would give Telecom control of up to 80% of the residential internet market in some areas, escalating tensions between President Milei and the Clarín Gro...

Argentina Blocks Telefónica Sale Amid Antitrust Concerns

The Argentine government temporarily blocked Telefónica's $1.245 billion sale to Telecom Argentina due to antitrust concerns, projecting the merger would give Telecom control of up to 80% of the residential internet market in some areas, escalating tensions between President Milei and the Clarín Gro...

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How does President Milei's stance on monopolies in this case conflict with his previous statements?

The suspension highlights President Milei's conflict with the Clarín Group, Telecom Argentina's majority owner. Milei accuses Clarín of monopolistic practices and media bias, citing decades of alleged state benefits. The government's action underscores its commitment to preventing monopolies, even if it contradicts Milei's previously stated views on the subject.

elmundo.es

🌐 75% Global Worthiness

Mar 17, 16:10

PP Demands Explanations for Alleged Government Pressure on Vivendi

The Spanish Popular Party (PP) demands that Marc Murtra and Minister Óscar López appear before the Congress to explain a meeting in Paris with Vivendi, where alleged pressure to sell Prisa shares to government-friendly shareholders was discussed, raising concerns about government interference in med...

PP Demands Explanations for Alleged Government Pressure on Vivendi

The Spanish Popular Party (PP) demands that Marc Murtra and Minister Óscar López appear before the Congress to explain a meeting in Paris with Vivendi, where alleged pressure to sell Prisa shares to government-friendly shareholders was discussed, raising concerns about government interference in med...

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Peace, Justice, and Strong Institutions

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How does this incident relate to broader concerns about government influence on media in Spain?

The PP's actions highlight concerns over alleged government influence on media ownership. Le Point's report details a meeting between government officials and Vivendi, suggesting pressure to shift Prisa's shareholding. The PP plans further action in the Senate if the Congress rejects the appearance requests, reflecting a deeper political struggle over media control.

cincodias.elpais.com

🌐 85% Global Worthiness

Mar 6, 16:11

Telefónica Restructures Leadership, Appoints New CEO

Telefónica announced a major leadership overhaul on Thursday, appointing Emilio Gayo as its new CEO, replacing Ángel Vilá, and making several other key appointments across its divisions, including Movistar Plus+ and Telefónica Tech, following significant shareholder changes and to prepare for upcomi...

Telefónica Restructures Leadership, Appoints New CEO

Telefónica announced a major leadership overhaul on Thursday, appointing Emilio Gayo as its new CEO, replacing Ángel Vilá, and making several other key appointments across its divisions, including Movistar Plus+ and Telefónica Tech, following significant shareholder changes and to prepare for upcomi...

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What is the primary significance of Telefónica's leadership reshuffle and its implications for the company's future direction?

Telefónica, under its new chairman Marc Murtra, has restructured its leadership. Emilio Gayo becomes the new CEO, replacing Ángel Vilá. Several other key appointments have been made across various divisions, including Movistar Plus+ and Telefónica Tech.

cincodias.elpais.com

🌐 75% Global Worthiness

Feb 17, 10:14

Telefónica Brasil's R$5.845 Billion Shareholder Remuneration in 2024

Telefónica's Brazilian subsidiary, Vivo, distributed R$5.845 billion (€900 million) in shareholder remuneration in 2024, a 22% increase from 2023, exceeding 2022 levels and fulfilling a commitment to return at least 100% of net profit, offsetting the real's 22% devaluation.

Telefónica Brasil's R$5.845 Billion Shareholder Remuneration in 2024

Telefónica's Brazilian subsidiary, Vivo, distributed R$5.845 billion (€900 million) in shareholder remuneration in 2024, a 22% increase from 2023, exceeding 2022 levels and fulfilling a commitment to return at least 100% of net profit, offsetting the real's 22% devaluation.

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What are the long-term implications of Vivo's actions, including the stock split and the high payout ratio, for shareholder value and the company's financial health within the broader Brazilian market?

Vivo's actions suggest a strategy to manage currency risk and maintain shareholder value despite economic headwinds. The use of capital reduction, in addition to dividends and buybacks, provides flexibility for future shareholder returns. The stock split aims to enhance liquidity and efficiency, potentially attracting further investment.

cincodias.elpais.com

🌐 75% Global Worthiness

Feb 11, 13:11

Telefónica and Vodafone Launch Joint Fiber Optic Venture Fiberpass

Telefónica and Vodafone España created Fiberpass, a joint fiber optic company covering 3.6 million units, aiming to sell 40% to an external investor for €800-€1000 million, with operations starting soon.

Telefónica and Vodafone Launch Joint Fiber Optic Venture Fiberpass

Telefónica and Vodafone España created Fiberpass, a joint fiber optic company covering 3.6 million units, aiming to sell 40% to an external investor for €800-€1000 million, with operations starting soon.

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Industry, Innovation, and Infrastructure

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How does the Fiberpass venture compare to the MasOrange-Vodafone joint venture in terms of scale and potential market impact?

Fiberpass aims to improve Spain's connectivity by combining Telefónica and Vodafone's fiber optic assets. This joint venture seeks external investment of €800-€1000 million for a 40% stake, enhancing efficiency and market position. The deal awaits regulatory approvals, with initial interest from Vauban, AXA, Antín, and Pontegadea.

Showing 25 to 36 of 47 results