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Telefonica finally offloads El Salvador unit

2021-10-18 02:00:00| Total Telecom industry news

In late 2019, Telefonica announced that it was undergoing a major strategic shift in and, in an attempt to reduce its debt, would be withdrawing from a number of markets to focus on its core businesses in Spain, the UK, Germany, and Brazil. Since then, the operator has divested of numerous business units throughout Latin America…read more on TotalTele.com »

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Telefonica agrees to sell Movistar El Salvador for EUR 125 mln

2021-10-15 10:54:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced an agreement to sell its mobile telecommunications assets in El Salvador to UK-based investment fund General International...

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Telefonica considers offering investors a piece of Spanish fibre unit

2021-10-06 02:00:00| Total Telecom industry news

Back in 2019, Telefonica announced that it would be selling its various assets in order to help reduce the company’s considerable debt and fund expensive 5G and fibre rollouts. This enormous restructure included spinning off the majority of its units in Central and South America, leaving the company instead to focus on its core markets of Spain…read more on TotalTele.com »

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IBM scores big with Telefonica deal for cloud-native 5G core platform

2021-09-24 02:00:00| Total Telecom industry news

IBM has announced that it has struck another major 5G deal, this time with Telefonica, working with the Spanish giant to help create Telefonica’s 5G core network platform. The multi-year deal will see IBM’s intelligent automation software and services used by the operator to build the 5G platform…read more on TotalTele.com »

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