Bankinter | Telefónica (TEF) is preparing a redundancy plan based mainly on voluntary departures, which it will negotiate with the unions before the end of the year, according to media reports. The plan would affect more than 6,000 employees across all the group’s subsidiaries. Bankinter analysis team’s view: Telefónica will present its new Strategic Plan on 4 November. One of the points of the Plan is to simplify the group’s…

Alphavalue/DIVACONS | The president of the Spanish telecommunications company, Marc Murtra, commented that Europe must establish a solid roadmap to consolidate itself as a relevant global player in the field of Artificial Intelligence (AI). In his view, there is a dichotomy in that ‘in Europe, we have very ethical AI, but we are regulating nothing,’ while powers such as the United States and China are making ‘astronomical investments’ in this…

CdM | Telefónica (TEF) continues to make progress on the Sustainable Development Goals (SDGs) it launched a decade ago and on Thursday announced that over the last ten years it has invested a total of €77 billion in the deployment of sustainable, resilient and high-quality infrastructure and services, ‘which have facilitated the inclusion of use and access, the creation of quality employment and the economic development of the societies in…

Link Securities | Telefónica (TEF) is finalising its new strategic plan, which could include a review of its shareholder remuneration policy. According to the digital newspaper Vozpópuli.com, the telecommunications company is considering the possibility of eliminating or cutting dividends in favour of greater financial control and liquidity for new acquisitions. In fact, Telefónica, which will present its next roadmap to the market on 4 November, is seeking to grow in…

Link Securities | The company is reportedly considering selling its corporate headquarters, known as District C, as part of the strategic review that the group will unveil in the coming weeks, according to elEconomista.es. According to the newspaper, the company is considering a real estate transfer that includes the 15 buildings (between five and eleven storeys) in Las Tablas, located in the north-east of Madrid. Market sources estimate that the…