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CNMC orders Telefonica to lower wholesale fibre access rates

2014-06-24 09:02:00| Telecompaper Headlines

(Telecompaper) Spain's telecoms regulator CNMC has ordered Telefonica to lower the rates it charges Vodafone and Orange for wholesale access to vertical infrastructure and the provision of FTTH connections to the same rate it charges broadband provider Jazztel. Back in October 2012, Telefonica and Jazztel agreed to jointly deploy fibre-optic infrastructure to reach over 3 million Spanish households, or 1.5 million households per operator. Vodafone and Orange subsequently reached a similar joint rollout agreement but still relied on Telefonica for the final hop into the buildings. According to the CNMC, the prices agreed between Telefonica and Jazztel are "reasonable and must also be applied to Orange and Vodafone for accessing this infrastructure". As a result, the prices charged by the incumbent operator will be reduced by around 34 percent on average and will need to be applied on a retroactive basis, said the CNMC.

Tags: access rates lower orders

Etisalat, Telefonica ink deal on cyber security services

2014-06-23 15:46:00| Telecompaper Headlines

(Telecompaper) Etisalat and Telefonica have announced the signing of an extensive information security agreement that will see the two companies collaborate on the development and implementation of a Security Operations Centre in the UAE. The centre will offer a wide range of cyber security services to organizations of all sizes and is part of Etisalat's SMART strategy to secure the nation's public and private IT infrastructure. As part of this agreement, Etisalat will boost its managed security services portfolio through advanced technology platforms powered by Telefonica. Telefonica services such as Cyber Threats Detection & Intelligence, Persistent Vulnerability Management, Industrial Security and Antifraud will help to tackle threats in UAE's shifting cyber-threat landscape and close the security skills gap that currently exists in the country. The agreement builds on an existing collaboration between Etisalat and Telefonica, following the signing of a Strategic Partnership Agreement in 2011.

Tags: services security deal ink

Telefonica offers Mediaset EUR 295 mln for Digital+ stake

2014-06-18 10:09:00| Telecompaper Headlines

(Telecompaper) Telefonica has offered EUR 295 million to Italian broadcaster Mediaset for its 22 percent stake in Spanish pay-TV platform Digital+. In a statement to Spain's market regulator CNMV, Telefonica said the binding offer may increase by a further EUR 10 million if it completes the purchase of 56 percent of Digital+ from Prisa, and by as much as EUR 20 million more depending on gains in pay-TV customers over the next 4 years. If Mediaset accepts Telefonica's offer, it will also waive a preferential right to acquire Prisa's stake in Digital+, for which Telefonica will pay Mediaset an additional EUR 30 million. Earlier this month Telefonica said it had closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent, a deal which is still subject to regulatory approval. Buying Mediaset's stake would give it full control of Digital + and greater flexibility in integrating TV content into its Movistar Fusion convergent packages. The acquisition of Digital+ brings with it a large customer base in the form of the 1.6 million subscribers to pay-TV channel Canal+ and gives Telefonica access to Prisa's TV catalogue, including its rights to live Spanish football games.

Tags: digital offers eur stake

EU set to approve Telefonica, E-Plus deal - report

2014-06-16 17:54:00| Telecompaper Headlines

(Telecompaper) EU anti-trust regulators will approve Telefonica's proposed takeover of German rival E-Plus after it pledged to give up one fifth of the combined group's network capacity to MVNOs, reports Reuters citing unnamed sources with knowledge of the matter. One source said that the EC would clear the deal, with others adding that the aim was to create up to three MVNOs to replace E-Plus. After merging E-Plus and O2, Telefonica will be expected to lease at least 20 percent of the combined group's network capacity to MVNOs, the report said. Similar conditions were imposed when 3 Group acquired Orange Austria and O2 Ireland.

Tags: set report deal approve