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Telefonica unveils plan to spin off LatAm business and prioritise Spain, Brazil, UK, Germany

2019-11-28 09:23:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced a major organisational restructure following a meeting of its board of directors. The company's 5-point plan to generate more than EUR 2 billion a year in additional revenues from 2022 onwards involves prioritising its four key markets of Spain, Brazil, Germany and the UK, carrying out an "operational spin-off" of its Latin American business and setting up a subsidiary for its cloud, cybersecurity and Internet of Things (IoT) businesses called Telefonica Tech and another for its infrastructure assets called Telefonica Infra.

Tags: business plan uk germany

 

Telefonica reveals 5-point plan to boost revenues by 2bn

2019-11-28 01:00:00| Total Telecom industry news

International telecoms giant, Telefonica, has unveiled a 5-point plan to streamline its business operations and generate an additional €2 billion in new revenues by 2022. In a letter to the company's shareholders, Telefonica's chairman and CEO, José María Álvarez-Pallete, said that the current competitive climate meant that the company must look to cut costs and work more efficiently where it could, if it was to reinvigorate its bottom line. “Companies that do not assume their responsibility in this new world will cease to be relevant in the short term. Executives who are not committed to the long term and sustainability are not being responsible…read more on TotalTele.com »

Tags: plan boost revenues reveals

 
 

Telefonica and AT&T sign Mexico mobile access deal

2019-11-22 09:25:00| Telecompaper Headlines

(Telecompaper) Telefonica Mexico has announced an agreement to access AT&T's mobile infrastructure in Mexico with a view to improving the efficiency and quality of its network in the country on a long-term basis. The deal means Telefonica can immediately use AT&T's last-mile wireless equipment to gain capacity on AT&T's 3G and 4G network and any future access network technologies nationwide. Telefonica said it would maintain its transport network and all of its platforms, without operational or geographical restrictions, to meet the needs of Movistar users in the country.

Tags: sign access mobile mexico

 

Telefonica and AT&T team up in Mexico to take on America Movil

2019-11-22 01:00:00| Total Telecom industry news

US telco, AT&T has signed a deal with Telefonica to allow the Spanish telecoms giant access to its network infrastructure in Mexico. The deal is intended to help both companies compete more aggressively with America Movil…read more on TotalTele.com »

Tags: team america mexico att

 

Telefonica adds voice-controlled 'Living Apps' to Movistar+ devices

2019-11-13 15:05:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced the availability of voice-controlled Movistar Living Apps on its UHD TV set-top-box, confirming earlier reports. The proprietary and third-party apps developed under Movistar Living Apps run simultaneously through multiple devices such as the STB, router or 'Movistar Home' smart device and use the company's 'Aura' voice-activated assistant.

Tags: living devices adds apps

 

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