O2 sale, LatAm weakness are challenges for new Telefonica chairman

If Telefonica approves the choice of  current CEO José María Álvarez-Pallete to replace Cesar Alierta as Chairman, he will be the first Executive Chairman not to be appointed by the Spanish government. Alvarez-Pallete will face two main challenges: securing European Commission approval for the sale of O2 and dealing with the weakness of the LatAm economies, particularly Brazil.

César Alierta Ends His Tenure As Executive Chairman Of Telefónica

Telefónica’s Board of Directors will consider the appointment of José María Álvarez-Pallete as the company’s new Executive Chairman at its next meeting on April 8th. The proposal has been made by current Chief Executive César  Alierta, who believes Álvarez-Pallete is the best prepared executive to face the challenges of the digital revolution.

Telefonica's Colombia affiliate

Three-O2 Merger: Ofcom Makes Things Difficult For Telefonica

French telecoms operator Orange got the green light from the regulatory authorities to sell its 50% stake in Everything Everywhere (EE) to British Telecom (BT). But it seems UK regulator Ofcom is now prepared to use all the means at its disposal to block the merger between Three and O2 UK (Hutchison-Telefonica).

Telefónica, Hutchison Wait 1 Year For Europe Ruling On 02-H3G

It has been 1 year since Telefonica closed a deal to merge O2 (Movistar) with Three, the UK subsidiary of Hong Kong-based Hutchison Whampoa. And the two protagonists are still waiting for the UK and EU regulatory authorities to give the operation the green light.


Telefonica: A shift towards added value

MADRID | May 19, 2015 | By Fernando G. Urbaneja | Telefonica’s first quarter results show a company which has reorganised over the last year, consolidating positions in its core markets of Europe and Latin America, where three benchmark countries Spain, Brazil and Germany account for two thirds of group income. It has a somewhat uneven presence in another 8 American countries, ranging from Mexico (4% of the business, without being market leader) to Argentina (9% of the business and market leadership). 


Telefonica Q1 net profits surge beating expectations

The Corner | May 14, 2015 | Europe’s second-largest phone company reported a Q1 net profit of  €1.8 billion ($2.04 billion), versus a year-ago profit of €688 million. EPS climbed to 0.38 euro from 0.14 euro, while EPS from continuing operations slipped to 0.09 euro from 0.12 euro.



Telefónica restructuring weighs share price to €13

MADRID | April 13, 2015 | Fernando G. UrbanejaThis month Telefónica will complete two capital increases of both the parent company and its Brazilian subsidiary, seen as necessary steps in the reconfiguration of the company following its exit from some markets (Italy and UK) and consolidation in others (Brazil and Germany). 

Telefónica to focus attention on German market after O2 UK sale

The Corner | March 27, 2015 | The sale by Telefónica of O2 UK  will allow the company to focus attention on its growing operation in Germany. Telefonica will now go toe-to-toe with Vodafone and Deutsche Telecom, as the three mobile giants vie for supremacy in the eurozone’s largest economy.

Investors celebrate Telefonica’s dividend

MADRID | February 26, 2015 | By Francisco López Small savers are penalised most heavily by zero-interest rate policies and what they appreciate most at the moment is good profitability through dividend payment. Stock market experts recommend betting on solid companies that pay high dividends to shareholders, and Telefonica certainly falls into that bracket. The company’s 2014 results showed a 34% drop in profit, but the tech giant has committed to sustainable and increased dividend payments in the future.